Enviro Infra Engineers IPO
Enviro Infra IPO Details
- Open Date TBA
- Close Date TBA
- Lot Size -
- IPO Size -
- IPO Price Range -
- Min Investment -
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
Enviro Infra IPO Synopsis
Enviro Infra Engineers IPO is likely to open in 2024. The company builds and manages Water and Wastewater Treatment Plants. The IPO includes a fresh issue of 95,00,000 Equity Shares. The share allotment date and listing date are yet to be announced. The price band and the lot size are yet to be declared.
Hem Securities Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Enviro Infra Engineers IPO:
• To fund working capital requirements.
• For corporate general purposes.
• To meet issues expenses.
About Enviro Infra Engineers
Enviro Infra Engineers designs, constructs, operates and maintains Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies.
As of August 2022, the company has successfully established 22 WWTPs and WSSPs with a capacity of more than 10 MLD across India having an aggregate capacity of 550.80 MLD.
Peer Comparison
• VA Tech Wabag Limited
• ION Exchange (India) Limited
Enviro Infra Engineers Financial Status
Enviro Infra IPO Key Points
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Strengths
1. The company has an in-house designing, engineering and execution team.
2. It has a strong Order Book of projects across India.
3. The company also has strong execution capabilities with timely delivery.
4. Experienced Promoters and Senior Management. -
Risks
1. The company bid for WWTPs and WSSPs funded by the Central and State Governments. Any failure to secure the bids can impact the business.
2. Any failure to capitalise on government policy initiatives in the water and wastewater treatment mark can impact the company’s profitability.
3. It has higher working capital requirements.
4. Changes in government policies related to the environment and water treatment can impact the business.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Enviro Infra IPO FAQs
When does the Enviro Infra Engineers IPO opens and closes?
Yet to be announced.
What is the size of the Enviro Infra Engineers IPO?
Yet to be announced.
How to apply for the Enviro Infra Engineers IPO?
To apply for Enviro Infra Engineers IPO, follow the steps given below
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and the price at which you wish to apply for the Enviro Infra Engineers Limited IPO.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Enviro Infra Engineers IPO?
Yet to be announced.
What is the minimum lot size and investment required for the Enviro Infra Engineers IPO?
Yet to be announced.
What is the allotment date of the Enviro Infra Engineers IPO?
Yet to be announced.
What is the Enviro Infra Engineers IPO listing date?
Yet to be announced.
Who are the book runners for the Enviro Infra Engineers IPO?
Hem Securities Limited is the book-running lead manager for this IPO.
What is the objective of Enviro Infra Engineers IPO?
Enviro Infra Engineers Limited will use proceeds from the offer for:
• To fund working capital requirements
• For corporate general purposes.
• To meet issues expenses.