Enviro Infra Engineers Limited was incorporated in 2009, Enviro Infra Engineers Limited is an Indian company specializing in the design, construction, operation, and maintenance of water and wastewater treatment plants. The company caters primarily to government agencies and urban local bodies (ULBs) through Engineering, Procurement, and Construction (EPC) or Hybrid Annuity Model (HAM) projects. It focuses on constructing sewage treatment plants, sewerage schemes, and water supply projects, including pumping stations and pipeline installations.
Key Highlights:
- Projects & Capabilities:
- Successfully executed 28 major projects, including 22 with capacities exceeding 10 million liters per day (MLD).
- Uses advanced technologies for sustainable water management.
- Financial Performance:
- Demonstrated robust growth, with revenue rising by 116% and profits doubling in the last fiscal year. The company reported a revenue of ₹738 crore and a profit after tax (PAT) of ₹110.54 crore for FY24.
- IPO Details:
- The company launched its Initial Public Offering (IPO) from November 22 to 26, 2024, with a price band of ₹140-148 per share.
- The IPO includes a fresh issue of ₹572.46 crore and an offer for sale of ₹77.97 crore, aimed at funding its projects, repaying debts, and exploring expansion opportunities.
- Market Opportunity:
- Its operations align with national initiatives like the Jal Jeevan Mission, making it well-positioned to benefit from government emphasis on sustainable water infrastructure.
For investors, Enviro Infra Engineers Limited represents a promising opportunity in the growing water management sector, backed by consistent financial performance and government-aligned projects. The IPO is expected to be listed on the NSE and BSE on November 29, 2024.
Enviro Infra Engineers Limited IPO Timetable
Particular | Date |
IPO Open Date | 22 Nov 2024 |
IPO Close Date | 26 Nov 2024 |
Allotment Date | 27 Nov 2024 |
IPO Listing Date | 29 Nov 2024 |
Enviro Infra Engineers Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 140 to Rs. 148 Per Equity Share |
Market Lot | 101 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 650 Crore. |
Enviro Infra Engineers Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 101 | Rs. 14948 |
Maximum | 13 | 1313 | Rs. 194324 |
Small HNI (Minimum) | 14 | 1414 | Rs. 209272 |
Big HNI (Minimum) | 67 | 6767 | Rs. 1001516 |
Enviro Infra Engineers Limited IPO Allotment Status
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Company Financials:
Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
Total Assets | 761.19 | 347.58 | 148.27 |
Total Revenue | 738 | 341.66 | 225.62 |
Profit After Tax | 110.54 | 54.98 | 34.55 |
Company Promoters:
Sanjay Jain, Manish Jain, Ritu Jain, and Shachi Jain are the company’s promoters.
Objects of this 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 the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode.
- Repayment/prepayment in full or in part, of certain of our outstanding borrowings.
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
Enviro Infra Engineers Limited Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North West 110085 Phone: +91 11 4059 1549 Email: cs@eiepl.in Website: http://www.eiel.in/ | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |