| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹30.24 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹30.24 Cr |
| Fresh Issue | ₹26.31 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน53.00-56.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ENVIRO |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Share India Capital Services... |
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: 2,000 shares and in multiples thereof
Founded in 2007, Envirotech Systems Limited manufactures noise measurement and control solutions for industrial and commercial applications.
Envirotech Systems specializes in the design and supply of custom enclosures for noise reduction in machinery and mechanical equipment, suitable for both indoor and outdoor applications. The company's product list includes Noise Test Booth, Engine Test Room Acoustics, Anechoic & Semi-anechoic Chamber, Acoustic Enclosure, Envirotech Noise Barriers, Poly Carbonate Noise Barriers, Metallic Noise Barrier, Echo Barrier, Acoustic Louvers, And Envirotech Metal Doors.
The company offers its services across India and has a track record of successful projects in industries such as oil and gas, manufacturing, power generation, cement and steel, automotive and construction.
Competitive Strengths:
The company employs over 98 people.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Purchase Land and Building for setting up factory | 12.00 |
| 2 | Funding of working capital requirements of the Company | 8.00 |
| 3 | General Corporate Expenses |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 38.67 | 22.76 | 13.87 |
| Total Income | 46.88 | 28.75 | 18.50 |
| Profit After Tax | 11.43 | 2.57 | 1.06 |
| NET Worth | 19.61 | 6.62 | 4.04 |
| Reserves and Surplus | 6.22 | 6.12 | 3.54 |
| Total Borrowing | 2.41 | 2.61 | 2.77 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 58.29% |
| ROCE | 62.43% |
| RoNW | 58.29% |
| PAT Margin | 24.72% |
| Price to Book Value | 3.83 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.54 | 6.08 |
| P/E (x) | 6.56 | 9.21 |
| Promoter Holding | 96.47% | 68.75% |
| Market Cap | โน105.22 Cr. | |