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.

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50years

Enviro Infra Engineers Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 439.48 L₹ 52.68 L₹ 153.47 L₹ 1,281.75 LBSE₹ 650.43 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
22 Nov, 2426 Nov, 24101 ₹ 14,140 Book Building29 Nov, 24

Enviro Infra Engineers Ltd IPO Dates

  • 22 Nov 2024

    Opening date

  • 26 Nov 2024

    Closing date

  • 27 Nov 2024

    Basis of
    Allotment

  • 27 Nov 2024

    Initiation of
    Refunds

  • 28 Nov 2024

    Credit of
    Shares

  • 29 Nov 2024

    Listing date

Details

SectorType
SectorEngineering - Turnkey Services
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x219240000
NII0x65772000
Retail0x153468000
Employee0x1000000
Total0x439480000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Enviro Infra Engineers Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations160.6677.9247.73
EBITDA166.7480.2249.45
PAT114.0856.0634.51
Total Assets555.41238.78101.62
Share Capital136.8525.622.44
Total Borrowings403.3970.1736.06
Operating Activities (Net Cash)120.1658.3636.23
Investing Activities (Net Cash)-1.31-3.050.04
Financing Activities (Net Cash)403.3970.1736.06
Net Cashflow141.2790.1924.80

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

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.

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.

Peer Comparison:

  • Va Tech Wabag Ltd
  • Ion Exchange (India) Ltd
  • EMS Ltd
  • Ion Exchange (India) Ltd
  • Va Tech Wabag Ltd
  • Vishnu Prakash R Punglia Ltd

Enviro Infra Engineers Ltd IPO 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.
  • 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.

How To Apply for Enviro Infra Engineers Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

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.

Get your FAQs right

Enviro Infra Engineers Ltd's IPO offers shares for up to ₹ 0.01 L It begins on Nov 22, 2024 and ends on Nov 26, 2024.

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

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

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.

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

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

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.'

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.

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.