Enviro Infra Engineers Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹140 - ₹148
- Lot size
- 101 shares
- Issue amount
- ₹650.43 cr
- Total subscription
- 89.9×
- Opens
- 22 Nov 2024
- Closes
- 26 Nov 2024
- Allotment
- 27 Nov 2024
- Listing
- 29 Nov 2024
Offer at a glance
Issue overview
- Issue size
- 4,39,48,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,140
- Fresh issue
- ₹572.46 cr
- Offer for sale
- ₹77.97 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,948
- Issue type
- Bookbuilding IPO
- Shares before issue
- 13,68,50,000
- Shares after issue
- 17,55,30,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 101 | ₹14,948 |
| sHNI | 14 | 1,414 | ₹2,09,272 |
| bHNI | 67 | 6,767 | ₹10,01,516 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,51,949 | 37,20,050 |
| HNIs(10L +) | 3,101 | 5,51,871 |
| HNIs (2-10L) | 1,550 | 1,63,534 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 129.79 | 20,383.38 |
| RETAIL | 227.13 | 5,560.73 |
| HNIs 2+ | 32.45 | 3,422.31 |
| HNIs 10+ | 64.9 | 11,549.11 |
| EMPLOYEES | 1.48 | 55.9 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 2.25 | 8.13 | 4.29 |
| ROE | 10.07 | 51.68 | 55.5 |
| ROCE | 8.24 | 32.34 | 43.33 |
| RONW | 9.53 | 37.83 | 43.46 |
| Pre IPO | 18.32 | 0 | 0 |
| Post IPO | 21.1 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Enviro Infra Engineers Limited, founded in 2009, is engaged in designing, constructing, operating, and maintaining Water and Waste-Water Treatment Plants (WWTPs) and Water Supply Projects (WSSPs) for government agencies across India. The company builds STPs, CETPs, Sewerage Schemes, WTPs, pumping stations, and pipelines, mainly through EPC and HAM tender-based projects floated by state governments and Urban Local Bodies. With an in-house team of 180 engineers, supported by external experts, Enviro Infra Engineers has completed 28 WWTP and WSSP projects in the last seven years, including 22 major projects of 10 MLD or above, as of June 30, 2024.
Strengths
- In-House Expertise: A dedicated design, engineering, and execution team ensures high-quality project delivery with better control over timelines and outcomes.
- Expanding Geographic Presence: The company is expanding its footprint across existing regions through new and ongoing projects, strengthening market reach.
- Diversified Project Portfolio: A broad order book covering multiple regions across India reduces business concentration risk and ensures consistent project flow.
Risk factors
- Dependence on Competitive Bidding: Failure to qualify for or secure government-awarded projects may affect growth prospects, revenue visibility, and profitability.
- Employee Dependency & Compliance Concerns: Reliance on key employees, along with past delays in statutory payments (PF/ESI), could disrupt operations and invite regulatory challenges.
- Working Capital Intensive Business: High working capital needs and inadequate cash inflows may strain liquidity, impacting project execution and financial performance.
Promoters
Sanjay Jain
Manish Jain
Ritu Jain
Shachi Jain
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North West 110085
+91 11 4059 1549
[email protected]Company website ↗Understanding EIEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.