IPO Date: 22 Nov - 26 Nov 2024
Listing Date: 29 Nov 2024
Price Range
₹140 to ₹148 per share
Issue Size
Cr
Min Investment
₹14,140
Lot Size
101 Shares
Issue open date
22 Nov 2024
Issue close date
26 Nov 2024
UPI mandate deadline
26 Nov 2024 (5 PM)
Allotment finalization
27 Nov 2024
Share credit
28 Nov 2024
Listing date
29 Nov 2024
Mandate end date
11 Dec 2024
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 27 Nov 2024 |
| Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 11 Dec 2024 | ₹148 | ₹67 | ₹215 (45%) |
| 10 Dec 2024 | ₹148 | ₹44 | ₹192 (30%) |
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹140 to ₹148 per share | ₹ 454 (39.91%) | ₹ 208.23 | 40.70% |
Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and the laying of pipelines for water supply.The company participates in tenders floated by state governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. Till June 30, 2024, the Company has successfully developed 28 WWTPs and WSSPs across India in the last seven (7) years, including 22 projects of 10 MLD capacity and above.Competitive strengths:- In-house design, engineering, and execution team.- Growing presence in existing regions with new projects.- Diversified order book of projects across India.- In-house execution capabilities with on-time delivery and an established track record of consistently increasing eligibility for high-value project tenders.- Use of advanced technologies in the construction and installation of WWTPs or WSSPs.- Experienced promoters and senior management team.- Consistent financial performanceThe company has an in-house team for designing, engineering, and construction. The company has a team of 180 engineers supported by external consultants and industry experts.
| Founded in | 2009 |
| Managing director | |
| Parent organization |
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 157.05 |
| Non-Institutional Investors (NIIs) | 153.8 |
| Retail Individual Investors (RIIs) | 24.48 |
| Employee | 37.77 |
| Total | 89.9 |