Envirotech Systems Limited
Bookbuilding IPO · NSE
- Price band
- ₹53 - ₹56
- Lot size
- 2,000 shares
- Issue amount
- ₹30.24 cr
- Total subscription
- 91.88×
- Opens
- 13 Sept 2024
- Closes
- 19 Sept 2024
- Allotment
- 20 Sept 2024
- Listing
- 24 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 54,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,06,000
- Fresh issue
- ₹30.24 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,12,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,33,90,000
- Shares after issue
- 1,87,90,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,12,000 |
| HNI | 2 | 4,000 | ₹2,24,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.26 | 358.57 |
| RETAIL | 9.22 | 591.44 |
| NIB | 3.95 | 743.83 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 8.54 | 1.98 | 0.81 |
| ROE | 58.29 | 38.89 | 26.14 |
| ROCE | 62.43 | 29.77 | 27.39 |
| RONW | 58.29 | 38.89 | 26.14 |
| PRE IPO(PE) | 6.56 | 0 | 0 |
| POST IPO(PE) | 9.21 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Envirotech Systems Limited, established in 2007, specializes in noise measurement and control solutions for industries like oil and gas, manufacturing, and power generation. It offers products such as Noise Test Booths, Acoustic Enclosures, and Noise Barriers, benefiting from its early entry into the acoustic insulation sector and the extensive experience of its promoters. With a strong focus on research, certified products, and strategic partnerships, the company ensures innovative and reliable solutions. Backed by a team of over 98 employees, Envirotech has built a solid market presence across India.
Strengths
- Seasoned Leadership: With over 20 years of industry experience, the team brings strong market knowledge and expert guidance.
- Commitment to Quality: Strict testing and government certifications ensure top-notch reliability and high standards for all products.
- Trusted Partnerships: Long-standing relationships with various industries help maintain a loyal and steady customer base.
Risk factors
- Legal Challenges: Ongoing legal cases could impact Afcons' business operations and financial health.
- Promoter Loan Issues: If a promoter defaults on a personal loan, it could affect the company’s reputation and financial stability.
- Office Ownership Concern: Since the company operates from a rented office, there could be risks related to long-term stability and continuity.
Promoters
Mr. Manoj Kumar Gupta
Mrs. Sindhu Gupta
Registrar & documents
Lead manager
Share India Capital Services Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-29, Block-A, Shyam Vihar Phase-I, New Delhi - 110043
+91 0120-4337633
[email protected]Company website ↗Understanding ENVIRO 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.