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Enviro Infra Engineers Ltd IPO

We are in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS) and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) alongwith pumping stations and laying of pipelines for supply of water (collectively, Projects). The treatment process installed at most of the STPs and CETPs is Zero Liquid Discharge (ZLD) compliant and the treated water can be used for horticulture, washing, refrigeration and other process industries.

Enviro Infra Engineers Ltd IPO Details

Total Shares Offered

₹ 4,39,48,000

Offer to Public

52,68,000

Retail Max (Shares)

₹ 1,53,46,800

Pre Issue Promoters Holding

₹ 12,81,75,000

Exchange

BSE

Issue size

₹ 650.43 Cr

IPO Open Date

Nov 22, 2024

Close Date

Nov 26, 2024

Lot Size

101

Min Investment

₹ 14,140

Issue Type

Book Building

Listing Date

Nov 29, 2024

Enviro Infra Engineers Ltd IPO Dates

Nov 22, 2024

Opening date

Nov 26, 2024

Closing date

Nov 27, 2024

Basis of Allotment

Nov 27, 2024

Initiation of Refunds

Nov 28, 2024

Credit of Shares

Nov 29, 2024

Listing date

Details

Sector	Type
Sector	Engineering - Turnkey Services
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	62.82x	21924000	1377255089
NII	153.8x	6577200	1011582367
Retail	24.48x	15346800	375725050
Employee	37.77x	100000	3776895
Total	62.99x	43948000	2768339401

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

62.82x

153.8x

24.48x

37.77x

62.99x

21924000

6577200

15346800

100000

43948000

1377255089

1011582367

375725050

3776895

2768339401

Enviro Infra Engineers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	1,066.06	728.92	77.92
EBITDA	253.82	166.74	80.22
PAT	173.37	114.08	56.06
Total Assets	1,205.55	555.41	238.78
Share Capital	175.53	136.85	25.62
Total Borrowings	470.91	448.18	70.17
Operating Activities (Net Cash)	182.81	120.16	58.36
Investing Activities (Net Cash)	9.39	-1.31	-3.05
Financing Activities (Net Cash)	470.91	448.18	70.17
Net Cashflow	537.14	141.27	90.19

About Enviro Infra Engineers Ltd

Our Company was originally incorporated as `Enviro Infra Engineers Private Limited' a private limited company under the Companies Act, 1956 at Delhi, pursuant to a certificate of incorporation dated June 19, 2009 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Thereafter on April 1, 2010, our Company took over the business of partnership firm, M/s Enviro Engineers. Thereafter, name of our Company was changed from `Enviro Infra Engineers Private Limited' to `Enviro Infra Engineers Limited' consequent to conversion of our Company from private to public company, pursuant to a special resolution passed by the shareholders of our Company on July 19, 2022 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Delhi (RoC) on August 8, 2022.

The Global Water and Wastewater Treatment market is expected to grow at a CAGR of 6.10% in terms of value to reach USD 521.97 Billion in 2033 from USD 306.332 Billion in 2024. India accounts for 2.45% of land area and 4% of water resources of the world but represents 16% of the world population. With the present population growth-rate (1.9% per year), the population is expected to cross the 1.5 billion mark by 2050. The trend of urbanization in India is exerting stress on civic authorities to provide basic requirement such as safe drinking water, sanitation, and infrastructure. The rapid growth of population has exerted the portable water demand, which requires exploration of raw water sources, developing treatment and distribution systems.

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Enviro Infra Engineers Ltd Key Points

Strengths

In house designing, engineering and execution team 180 engineers.

Increasing presence in existing geographies such as Gujarat, Rajasthan, Punjab, Karnataka, Haryana, Uttar Pradesh, Madhya Pradesh and Chhattisgarh with new projects.

Diversified Order Book of 21 projects across India for an aggregate value of Rs.1,90,628.06 lakhs as of June 30, 2024 across India.

In-house execution capabilities with timely delivery and established track record enabling consistent increase in eligibility for high value project tenders

Use of advanced technologies in the construction and installation of WWTPs and WSSPs.

Risk

The company bid for WWTPs and WSSPs funded by the Central and State Governments and derive its revenues from the contracts awarded to the company. Any reduction in budgetary allocation to this sector may affect the number of projects that the government authorities/bodies may plan to develop in a particular period. Its business is directly and significantly dependent on projects awarded by them.

The company projects are awarded through the competitive bidding process by government authorities/bodies. Its may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.

The company relies on its in-house designing, engineering and construction teams for project execution. Loss of employee(s) may have an adverse effect on the execution of the company projects.

Strategy

Increasing the size of projects and our pre-qualification.

Expansion of our geographical footprint.

Plan to further bid for HAM projects.

How To Apply for Enviro Infra Engineers Ltd IPO Online?

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Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Enviro Infra Engineers Ltd IPO?

Enviro Infra Engineers Ltd's IPO offers shares for up to 572.46 It begins on Nov 22, 2024 and ends on Nov 26, 2024.

What is the price of the Enviro Infra Engineers Ltd IPO?

The price of Enviro Infra Engineers Ltd IPO ranges between ₹140 to ₹148 per share.

What are the open and close dates for the Enviro Infra Engineers Ltd IPO?

The Enviro Infra Engineers Ltd IPO opens on Nov 22, 2024 and closes on Nov 26, 2024.

When will the Enviro Infra Engineers Ltd IPO be allotted?

The allotment for the Enviro Infra Engineers Ltd IPO will be finalised on Nov 27, 2024. The shares will be listed on BSE and NSE on Nov 29, 2024.

What is the minimum lot size required for Enviro Infra Engineers Ltd IPO?

The minimum lot size for Enviro Infra Engineers Ltd IPO is 101 shares, priced between ₹140 to ₹148 per share.

What is the GMP of Enviro Infra Engineers Ltd IPO?

The GMP (Grey Market Premium) of Enviro Infra Engineers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Enviro Infra Engineers Ltd IPO?

To check the allotment status of Enviro Infra Engineers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Enviro Infra Engineers Ltd IPO getting listed?

The Enviro Infra Engineers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Nov 22, 2024, and closes on Nov 26, 2024. The allotment is finalised on Nov 27, 2024.

How do you apply for the Enviro Infra Engineers Ltd IPO?

To apply for the Enviro Infra Engineers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.