Enviro Infra Engineers IPO: Detailed Information and Key Highlights
Enviro Infra Engineers Limited, a leading player in water and wastewater treatment solutions, is launching its IPO with a total issue size of ₹650.43 crore. This IPO allows retail investors, non-institutional investors (NIIs), and qualified institutional buyers (QIBs) to invest in a company with a robust track record in designing and executing water and wastewater treatment projects across India.
Key IPO Details
| Particulars | Details |
| IPO Opening Date | November 22, 2024 |
| IPO Closing Date | November 26, 2024 |
| Price Band | ₹140 to ₹148 per share |
| Face Value | ₹10 per share |
| Lot Size | 101 shares |
| Issue Type | Book Built Issue |
| Fresh Issue | 3.87 crore shares (₹572.46 crore) |
| Offer for Sale | 0.53 crore shares (₹77.97 crore) |
| Employee Reservation | 1,00,000 shares with a discount of ₹13 per share |
| Listing Exchanges | BSE, NSE |
| Tentative Listing Date | November 29, 2024 |
Enviro Infra Engineers IPO Timeline
| Event | Date |
| IPO Opening Date | November 22, 2024 |
| IPO Closing Date | November 26, 2024 |
| Basis of Allotment | November 27, 2024 |
| Refunds Initiated | November 27, 2024 |
| Credit of Shares to Demat | November 28, 2024 |
| Listing Date | November 29, 2024 |
Investment Details
Retail Investors:
- Minimum Lot: 101 shares (₹14,948)
- Maximum Lot: 13 lots (1,313 shares, ₹194,324)
S-NII (Small Non-Institutional Investors):
- Minimum Lot: 14 lots (1,414 shares, ₹209,272)
- Maximum Lot: 66 lots (6,666 shares, ₹986,568)
B-NII (Big Non-Institutional Investors):
- Minimum Lot: 67 lots (6,767 shares, ₹1,001,516)
About Enviro Infra Engineers Limited
Founded in 2009, Enviro Infra Engineers specialises in designing, constructing, and maintaining water and wastewater treatment plants (WWTPs) and water supply projects (WSSPs). The company caters to government agencies and urban local bodies (ULBs), utilising advanced technologies to deliver sustainable solutions.
Core Business Areas
- WWTPs: Includes Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs).
- WSSPs: Water Treatment Plants (WTPs), pumping stations, and pipeline projects.
Project Track Record
- Successfully executed 28 projects across India.
- Includes 22 projects with a capacity of 10 MLD or above.
Competitive Strengths
- Experienced Team: In-house design, engineering, and execution capabilities.
- Diversified Portfolio: Projects across multiple regions in India.
- Proven Track Record: On-time delivery and eligibility for high-value tenders.
- Technological Edge: Use of advanced technologies in project execution.
- Strong Financials: Consistent growth in revenue and profitability.
To better understand IPO investments, explore these informative guides on our blog:
FAQs:
1. What is the price band for the Enviro Infra Engineers IPO?
The price band is set between ₹140 and ₹148 per share.
2. What is the lot size for retail investors?
Retail investors can bid for at least 101 shares, requiring an investment of ₹14,948.
3. When does the IPO open for subscription?
The IPO opens on November 22, 2024, and closes on November 26, 2024.
4. What is the total issue size of the IPO?
The total issue size is ₹650.43 crore, comprising a fresh issue of ₹572.46 crore and an offer for sale of ₹77.97 crore.
5. Where will the shares be listed?
The shares will be listed on the BSE and NSE.
6. Is there a discount for employees?
Yes, employees are offered a discount of ₹13 per share.
7. What is the tentative listing date?
The tentative listing date is November 29, 2024.
