| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹650.30 Cr |
| Fresh Issue | ₹572.35 Cr |
| Offer for Sale | ₹77.95 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ140.00-148.00 per share |
| Discount | Retail: 0.00,Employee: 13.00 |
| BSE Code | 544290 |
| NSE Code | EIEL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 101 shares and in multiples thereof
Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and the laying of pipelines for water supply.
The company participates in tenders floated by state governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. Till June 30, 2024, the Company has successfully developed 28 WWTPs and WSSPs across India in the last seven (7) years, including 22 projects of 10 MLD capacity and above.
Competitive strengths:
The company has an in-house team for designing, engineering, and construction. The company has a team of 180 engineers supported by external consultants and industry experts.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital Requirements; | 181.00 |
| 2 | Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (βEIEL Mathuraβ) to build 60 MLD STP under project titled βMathura Sewerage Schemeβ at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode | 30.00 |
| 3 | Repayment/prepayment in full or in part, of certain of our outstanding borrowings | 120.00 |
| 4 | Funding inorganic growth through unidentified acquisitions and general corporate purposes. | 186.27 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 812.87 | 761.19 | 347.58 | 148.27 |
| Total Income | 207.46 | 738.00 | 341.66 | 225.62 |
| Profit After Tax | 30.78 | 110.54 | 54.98 | 34.55 |
| NET Worth | 323.00 | 292.18 | 126.51 | 71.62 |
| Reserves and Surplus | 186.29 | 155.51 | 101.11 | 69.31 |
| Total Borrowing | 305.59 | 233.59 | 64.54 | 18.11 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 51.68% |
| ROCE | 32.34% |
| Debt / Equity | 0.80% |
| RoNW | 37.83% |
| PAT Margin | 15.17% |
| Price to Book Value | 6.89 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 8.08 | 7.01 |
| P/E (x) | 18.32 | 21.1 |
| Promoter Holding | 93.66% | 70.02% |
| Market Cap | βΉ2597.84 Cr. | |