Enviro Infra Engineers IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP

Enviro Infra Engineers have proposed a Fresh Issue of Equity Shares. The company filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on 26^th September.

The company’s IPO is an entirely Fresh Issue and does not consist of any Offer for Sale component. Enviro Infra Engineers IPO has been proposed to meet the company’s working capital requirements and for general corporate purposes.

The IPO’s Lead Manager is Hem Securities Limited, and Registrar will be Bigshare Services Private Limited.

Let’s explore the different facts of this IPO with Enviro Infra Engineers IPO Review.

Enviro Infra Engineers IPO Overview

Up to 95,00,000 equity shares are being offered to the general public through the Enviro Infra Engineers IPO. The face value of the shares is Rs. 10 each, and the price will be determined through the Book Building Process.

As per the draft prospectus, Enviro Infra Engineers might consider a pre-IPO placement for up to 7,00,000 equity shares prior to the filing of the Red Herring Prospectus with the RoC. In case the pre-IPO placement is successful, the issue will be reduced up to such an extent.

Enviro Infra Engineers IPO Important Dates

Enviro Infra Engineers, engaged in the construction and maintenance operations of Water and Wastewater Treatment Plants and Water Supply Scheme Projects, has filed the preliminary documents with the capital market regulator to seek its approval.

Numerous entities have filed their IPO papers with SEBI and up their game with the listing on the stock exchange. Listing offers a variety of avenues to entities apart from raising funds.

Enviro Infra Engineers IPO Price, Size, Share Offerings

Enviro Infra Engineers’ IPO Size and Yatra IPO Price will be determined after the Book Building Process. The company is offering shares to the public through the Fresh share issue. The face value of the shares is Rs. 10 each. The IPO shares are proposed to be listed on the mainboard exchanged, i.e., BSE and NSE.

In the IPO, about 95,00,000 Equity Shares will be offered by the company in the form of new shares. The company will receive the proceeds and put them towards fulfilling the objective of the IPO.

Enviro Infra Engineers IPO Grey Market Premium

Enviro Infra Engineers IPO GMP will be updated after the company declares the IPO opening date. Trading in the Grey Market surged prior to the listing of the shares on the stock exchanges.

Grey Market Premium is the premium sum on the shares at which they are traded in the grey market. The grey market price fluctuates continuously. Investors bid in the IPO considering the price of the Grey Market. It holds high value in the main market even though it is unofficial.

Enviro Infra Engineers IPO Subscription Status

The subscription process ranges between 3 to 10 working days, during which traders can bid in the IPO at a certain price. In a book-built issue, the share price is determined through the Book Building Process, and the investors bid with a price range called Price Band.

Participate in the Enviro Infra Engineers IPO Subscription online through the Application Supported by Blocked Amount (ASBA) process.

Enviro Infra Engineers IPO Allotment Status

The basis of Enviro Infra Engineers IPO Allotment will be finalized after the IPO has concluded and the company has received all the applications from the investors. The company will determine the final price and after that will credit the equity shares in the Demat accounts of the successful bidders.

After the IPO allotment, the company is ready to list its shares on the stock exchange and make its debut. Once the shares are listed, investors can freely buy and sell them online.

Enviro Infra Engineers IPO Live Performance

Check out the Enviro Infra Engineers IPO Price and its prevailing performance in the market and step into the investment market with this investment. You can easily trade in the shares anytime at the prevailing fair price of the shares.

Subscribe to Enviro Infra Engineers IPO – Open Free Demat Account Now!

Latest Enviro Infra IPO News

Two of the companies operating in the construction and management business in very distinct areas, Enviro Infra Engineers and Udayshivakumar Infra, filed draft papers with SEBI to float their IPO in the market. Both companies filed the papers at the end of September 2022.

Enviro Infra Engineers – Company Review

Enviro Infra Engineers was incorporated in 2009 as a private limited and was recently converted to a public limited company. The company is driven towards offering the highest quality integrated wastewater systems. They aspire to dominate the industrial and municipal wastewater systems sectors.

Enviro Infra Engineers is currently engaged in various projects related to Common Effluent Treatment Plants, Sewage Treatment Plants and Sewerage Systems, Water Supply Schemes, and Water Treatment Plants.

Enviro Infra Engineers works closely with various government bodies and authorities to execute its projects and lead the country to become a better to live in.

Products or Services

Water is an essential element of life, and maintaining its high quality is the responsibility of all. We all use it, and we all should try to make legitimate use of it. Companies, industries, plants, and factories use water and other natural resources at a sizeable level, and hence they should put up every possible fence to control and minimize the waste discharge in water bodies.

Enviro Infra Engineers is one such entity that offers water treatment plants and pipeline systems to start a practice where industries can discharge cleaner water into rivers. The solutions proffered by the company are cost-effective and useful as entities as well as a society.

Promoters and Holding

The Promoters of Enviro Infra Engineers Limited are:

1. Sanjay Jain
2. Manish Jain

The management of the company comprises:

1. Sanjay Jain, in the position of Chairman and Whole-time Director
2. Manish Jain, in the position of Managing Director
3. Ritu Jain, in the position of Non-Executive Director
4. Surendra Singh Bhandari, in the position of Independent Director
5. Rajesh Mohan Rai, in the position of Independent Director
6. Aseem Jain, in the position of Independent Director
7. Sunil Chauhan, in the position of Chief Financial Officer
8. Piyush Jain, in the position of Company Secretary and Compliance Officer

Is Enviro Infra Engineers good for Investment?

Enviro Infra Engineers Limited started its operations over a decade ago, in 2009, with the objective of offering effective water waste management systems, and the entity is dedicated to the same.

They offer their services in the form of Sewage Treatment Plants and Sewerage Systems, Common Effluent Treatment Plants, Water Treatment Plants, and Water Supply Schemes.

The management of the company consists of highly skilled individuals who bring decades of experience with them in the segment.

Cost-effective, modern, value-driven water treatment solutions are brought in with the company to improve water quality and control wastage.

Enviro Infra Engineers Financial Statements

Enviro Infra Engineers IPO Review

Enviro Infra Engineers IPO is a Fresh Issue. It does not have any portion of the Offer for Sale, which means that neither the promoters nor any other shareholder will be offloading the shares and lowering their holding in the company.

The company will receive all the proceeds from the IPO and will utilize the same for meeting working capital requirements.

The Face value of the equity shares is Rs. 10 each, and the price of the shares will be discovered through the book-building process.

Enviro Infra Engineers IPO Details

Here are few more details you need to know before investing in Enviro Infra Engineers IPO –

Enviro Infra Engineers IPO Issue Object

The Enviro Infra Engineers has proposed diverse objectives for making the IPO offer and some of the objectives are:

• To meet the Working Capital Requirements;
• General Corporate Purposes; and
• To meet issue expenses.

Enviro Infra Engineers IPO – Basis of Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

• In-house designing, engineering and execution team;
• Strong Order Book of projects across India.
• Strong execution capabilities with timely delivery and established track record;
• Use of advanced technologies in the construction and installation of WWTPs and WSSPs
• Experienced Promoters and senior management team;

Quantitative factors are:

Enviro Infra Engineers IPO Lead Managers

Here are the list of Lead managers –

• Hem Securities Limited

Enviro Infra Engineers IPO Registrar to offer

Check out the details of the registrar here –

Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai –400093,Maharashtra,
IndiaTelephone:+91 22 6263 8200
E-mail:ipo@bigshareonline.com
Investor grievance email:investor@bigshareonline.com
Website:www.bigshareonline.com
Contact Person:Babu Raphael
SEBI registration number:INR000001385

Enviro Infra Engineers IPO – Other Details

• Statutory Auditor – M/s. Sagar & Associates, Chartered Accountants.
• Legal Counsel to the Company – ALMT Legal
• Bankers to the Company -NA

Enviro Infra Engineers IPO Verdict by Stock Brokers

There have been no reviews on the Enviro Infra Engineers IPO till now. The news of the IPO has just been out recently. Stock brokers’ reviews are also a considerable aspect before investing in a company or other security.

Enviro Infra Engineers IPO – Conclusion

Enviro Infra Engineers is a growing company, and it has been operating in the industry for over a decade now. They provide water treatment plants and pipeline systems to resolve water wastage issues. Industries can use these systems and discharge cleaner water into rivers.

The company is working for a good cause and trying to make our world more environmentally friendly.

On the financial aspect too, the company’s standing is in a good position. Their revenues and profits are continuously enlarging in size, offering more funds for resources and operations.

To Subscribe to Enviro Infra Engineers IPO – Open Demat Account Now!

Enviro Infra Engineers IPO Review FAQs

Check out the FAQs on Enviro Infra Engineers IPO –

What is the Issue Size of Enviro Infra Engineers IPO?

The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article.

You can check the stats on the fresh issue, Offer for sale, and net issue.

What is the Price band of Enviro Infra Engineers IPO?

The price band for this particular IPO ranges between Rs.NA. As far as the face value of the share is of concern, it is Rs.10 per share.

What is the Enviro Infra Engineers IPO Open Date?

The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

What is the Enviro Infra Engineers IPO Allotment Date?

They also have the news regarding the respective allotment dates of this IPO.

Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

What is the Enviro Infra Engineers IPO Listing Date?

Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

Who is the Registrar of Enviro Infra Engineers IPO?

One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.

Who is the Promoter of Enviro Infra IPO?

Here are the promoters of this IPO – SANJAY JAIN AND MANISH JAIN. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

What is the GMP of Enviro Infra IPO?

They have obtained the GMP of this IPO and it is Rs. NA Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

Is Enviro Infra IPO good for Investment?

They have further provided the financial status of the company in this article, from the past few years.

You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

What is the PAT of Enviro Infra Engineers Company?

They have the information of company financials, and according to that, they have the figures from the last few years to provide.

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