Enviro Infra Engineers IPO Details
IPO Issue Open Date: | 22 November 2024 |
IPO Issue Close Date: | 26 November 2024 |
IPO Issue Price Band: | ₹140 to ₹148 Per Share |
Face Value: | ₹10 Per Equity Share |
IPO Issue Size: | ₹650.43 Crores | 43,948,000 shares |
Fresh Issue: | ₹572.46 Crores | 38,680,000 shares |
Offer for Sale: | ₹[.] Crores |
Issue Type: | Book Built Issue |
IPO Listing At: | BSE & NSE |
IPO Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Employee Discount: | ₹[.] per share |
Enviro Infra Engineers IPO Prospectus:
DRHP Draft Prospectus: | Click Here |
DRHP Draft Prospectus: | Click Here |
Enviro Infra Engineers IPO Dates Timeline
Issue Open Date: | 22 November 2024 |
Issue Close Date: | 26 November 2024 |
Basis of Allotment Date: | 27 November 2024 |
Refunds Initiation: | 27 November 2024 |
Shares Credit in Demat: | 28 November 2024 |
IPO Listing Date Detail: | 29 November 2024 |
Enviro Infra Engineers IPO Market Lot
Application | Lot Size, Shares and Price Details |
Retail (Min) | 1 lots and 101 shares = ₹14,948 |
Retail (Max) | 13 lots and 1313shares = ₹194,324 |
HNI (Min) | 14 lots and 1,414 shares = ₹209,272 |
B-HNI Minimum | 67 lots and 6,767 shares = ₹1,001,516 |
Enviro Infra Engineers IPO GMP*
GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
Today | ₹15 | ₹1,000 | ₹250 | 10% |
19th Nov | ₹15 | ₹1500 | ₹- | 10% |
18th Nov | ₹- | ₹- | ₹- | ₹- |
About Enviro Infra Engineers
Enviro Infra Engineers 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), Setheyrage 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.
They have an in-house team for designing, engineering and construction which makes us self-reliant on all aspects of their business. They have a team of 163 engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments. They also have their own team for civil construction works thereby reducing dependence on third parties. The scope of their services typically includes design and engineering of the projects, procurement of raw materials, execution at site with overall project management up to the commissioning of projects. Post commissioning, operations and maintenance of 215 these plants for a certain period of time is generally a part of the award. They have a team of dedicated engineers and personnel focused on operations and maintenance of completed projects.
Enviro Infra Engineers IPO Strengths
- In house designing, engineering and execution team.
- Increasing presence in existing geographies with new projects.
- Diversified Order Book of projects across India.
- In-house execution capabilities with timely delivery and established track record enabling consistent increase ineligibility for high value project tenders.
- Use of advanced technologies in the construction and installation of WWTPs or WSSPs.
Objects of the IPO Issue
- To meet the Working Capital Requirements;
- Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh including Operation & maintenance for 15 years through Hybrid Annuity Based PPP Mode.
- Repayment/prepayment in full or in part, of certain of our outstanding borrowings;
- Funding for future projects and general corporate purposes
Enviro Infra Engineers Company Financial Report
The company reported revenue of ₹338.10 crores in 2023 against ₹223.53 crores in 2022. The company reported a profit of ₹55.34 crores in 2023 against a Profit of ₹34.55 crores in 2022.
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹124.12 | ₹114.54 | ₹8.61 | ₹112.13 |
2022 | ₹223.53 | ₹179.55 | ₹34.55 | ₹148.27 |
2023 | ₹338.10 | ₹267.07 | ₹55.34 | ₹347.59 |
December 2023 | ₹428.57 | ₹362.53 | ₹51.88 | ₹519.78 |
Enviro Infra Engineers IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
KPI | Values |
ROE: | –% |
ROCE: | -% |
EBITDA Margin: | 24.16% |
PAT Margin: | 16.26% |
Debt to equity ratio: | 0.51 |
Earning Per Share (EPS): | ₹4.29 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 43.46% |
Net Asset Value (NAV): | ₹9.88 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
Company | EPS | PE Ratio | RoNW % | NAV | Income |
EMS Limited | 23.16 | 24.03 | 21.94 | 104.41 | 543.28 Cr. |
ION Exchange Limited | 16.60 | 30.87 | 23.35 | 70.31 | 2,030.68 Cr. |
Va Tech Wabag Limited | 2.07 | 565.43 | 2.28 | 253.24 | 3,014.08 Cr. |
Vishnu Prakash R Punglia Limited | 10.41 | 18.81 | 29.03 | 33.66 | 1,171.46 Cr. |
Enviro Infra Engineers IPO Registrar
Bigshare Services Pvt. Ltd.
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Enviro Infra Engineers IPO Lead Manager
- Hem Securities Limited
Enviro Infra Engineers IPO allotment status check on Link Intime website. Click on Bigshare Services Pvt. Ltd. to get allotment status.
Promoters of Enviro Infra Engineers
- Mr. Sanjay Jain
- Mr. Manish Jain
- Mrs. Ritu Jain
- Mrs. Shachi Jain
Company Address
Enviro Infra Engineers Limited
Unit No 201, Second Floor, Plot No. B, CSC/OCF01,
RG Metro Arcade, Sector -11, Rohini, Delhi North West- 110085
Phone: +91 11 4059 1549
Email: cs@eiepl.in
Website: www.eiepl.in