The IPO for Enviro Infra is scheduled to open on November 22. The primary goal of Enviro Infra’s IPO is to raise ₹650 crores. The market lot for the Enviro Infra IPO is 101 shares, and the price range is set at ₹140 to ₹148. Water and wastewater treatment plant development is the area of expertise for Enviro Infra Private Limited, which was founded in 2009. In order to meet urgent water-related needs, the business designs and builds sewage, water, and common effluent treatment facilities for the public and private sectors. Twenty projects with a capacity of 10 MLD or more have been among the 26 wastewater treatment plants, water supply, and sanitation projects that the company has successfully completed throughout India over the last seven years.
Enviro Infra Engineers IPO Details
IPO Open Date | November 22, 2024 |
IPO Close Date | November 26, 2024 |
Listing Date | Friday, November 29, 2024 |
Face Value | ₹10 per share |
Price Band | ₹140 to ₹148 per share |
Lot Size | 101 Shares |
Total Issue Size | 43,948,000 shares
(aggregating up to ₹650.43 Cr) |
Fresh Issue | 38,680,000 shares
(aggregating up to ₹572.46 Cr) |
Offer for Sale | 5,268,000 shares of ₹10
(aggregating up to ₹77.97 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Enviro Infra Engineers Financials Analysis
Between March 31, 2024, and March 31, 2023, Enviro Infra Engineers Limited’s revenue and profit after tax (PAT) climbed by 116% and 101%, respectively.
FY 2024 | |
Assets | 812.87 |
Revenue | 207.46 |
Profit After Tax | 30.78 |
Net Worth | 323 |
ROE | 10.07% |
ROCE | 8.24% |
Debt/Equity | 0.95 |
RoNW | 9.53% |
P/BV | 6.27 |
PAT Margin (%) | 15 |
About the Company – Enviro Infra Engineers
Enviro Infra Engineers designs, builds, operates, and maintains Water and Wastewater Treatment Plants (WWTP) and Water Supply Scheme projects (WSSPs) for government entities or authorities. In the WWTP segment, the firm delivers Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs), whilst WSSPs include Water Treatment Plants (WTPs) as well as pumping stations and pipeline construction for water delivery (collectively, “Projects”). Both initiatives are partially sponsored by Central Government schemes and wholly funded by the National Mission to Clean Ganga.