The Enviro Infra Engineers IPO is making waves in the market, and savvy investors are taking notice. But with so much information out there, how do you separate the signal from the noise?
In this comprehensive guide, we’ll walk you through everything you need to know about the Enviro Infra Engineers IPO. From key dates and lot sizes to financial information and peer comparisons, we’re leaving no stone unturned. Whether you’re a seasoned investor or just dipping your toes into the IPO waters, this blog post will equip you with the knowledge to make an informed decision.
So, buckle up as we explore the ins and outs of this exciting investment opportunity. We’ll start by breaking down the IPO details, important dates, and lot sizes. Then, we’ll dive into the company’s financial information, compare it with industry peers, and answer some frequently asked questions. Ready to embark on this investment journey? Let’s get started!
Enviro Infra Engineers IPO Details
As we delve into the Enviro Infra Engineers IPO, it’s crucial to understand the key details that make this offering stand out in the market. Enviro Infra Engineers Limited, a company specializing in water and wastewater management solutions, has decided to go public to fuel its growth and expansion plans.
Issue Size and Price Band
The Enviro Infra Engineers IPO is set to raise approximately ₹190 crore through a fresh issue of equity shares. The company has fixed the price band at ₹[X] to ₹[Y] per equity share, with a face value of ₹10 each. This pricing strategy aims to attract a wide range of investors while ensuring optimal valuation for the company.
Offer Structure
| Particulars | Details |
|---|---|
| Fresh Issue | ₹190 crore |
| Offer for Sale | Nil |
| Total Issue Size | ₹190 crore |
| Face Value | ₹10 per equity share |
| Lot Size | [Z] shares |
Allocation of Shares
The IPO will follow a book-building process, with the following allocation structure:
- Qualified Institutional Buyers (QIBs): Up to 50% of the offer
- Non-Institutional Investors (NIIs): Not less than 15% of the offer
- Retail Individual Investors (RIIs): Not less than 35% of the offer
This balanced allocation ensures a fair distribution of shares among different investor categories, promoting market stability and investor confidence.
Use of Proceeds
Enviro Infra Engineers plans to utilize the IPO proceeds for the following purposes:
- Funding working capital requirements
- Investment in equipment and technology upgrades
- Repayment of existing debt
- General corporate purposes
This strategic allocation of funds is expected to strengthen the company’s financial position and support its long-term growth objectives.
Key Strengths
- Established track record in water and wastewater management
- Diverse portfolio of projects across multiple states
- Strong order book providing revenue visibility
- Experienced management team with industry expertise
Risks to Consider
- Dependence on government contracts and policies
- Intense competition in the sector
- Fluctuations in raw material prices
- Execution risks associated with large-scale projects
As we move forward, it’s important to note that the Enviro Infra Engineers IPO presents an opportunity for investors to participate in the growing water and wastewater management sector in India. The company’s focus on sustainable solutions aligns well with the increasing emphasis on environmental conservation and efficient resource management.
Enviro Infra Engineers IPO Important Dates
Now that we have covered the basic details of the Enviro Infra Engineers IPO, let’s delve into the crucial dates that investors need to mark on their calendars. Understanding these key dates is essential for anyone looking to participate in this public offering.
IPO Opening and Closing Dates
The Enviro Infra Engineers IPO is set to open for subscription on [OPENING_DATE] and will close on [CLOSING_DATE]. This gives investors a [NUMBER_OF_DAYS]-day window to analyze the offer and make their investment decisions.
Bid/Issue Period
During this period, investors can place their bids for the IPO. Here’s a breakdown of the bid/issue period:
| Bid/Issue Opens On | Bid/Issue Closes On |
|---|---|
| [OPENING_DATE] | [CLOSING_DATE] |
It’s crucial to note that the company, in consultation with the book running lead managers, may consider participation by anchor investors. If this occurs, the anchor investor bid/issue period will be one working day prior to the bid/issue opening date.
Other Important Dates
- Basis of Allotment: Expected by [ALLOTMENT_DATE]
- Initiation of Refunds: Likely by [REFUND_DATE]
- Credit of Shares to Demat Account: Expected by [CREDIT_DATE]
- Listing Date: Anticipated on [LISTING_DATE]
Key Points to Remember
- The IPO may close earlier for QIBs (Qualified Institutional Buyers).
- Retail investors and non-institutional investors should ensure they submit their applications before the closing date.
- The final allotment date may be subject to change based on regulatory approvals and market conditions.
It’s important for investors to keep these dates in mind and plan their investment strategy accordingly. Remember, IPO applications are typically processed on a first-come, first-served basis, so submitting your application early within the subscription period can be advantageous.
With these important dates in mind, potential investors can now prepare for the next steps in the IPO process. Next, we’ll explore the lot sizes available for the Enviro Infra Engineers IPO, which will help you determine the minimum investment required to participate in this offering.
Enviro Infra Engineers IPO Lots
Now that we’ve covered the important dates for the Enviro Infra Engineers IPO, let’s delve into the details of the IPO lots. Understanding the lot size and structure is crucial for investors looking to participate in this offering.
Lot Size and Application Details
The Enviro Infra Engineers IPO has set a minimum lot size that investors must adhere to when placing their bids. Here’s a breakdown of the lot structure:
- Minimum lot size: 75 shares
- Application amount for retail investors (1 lot): ₹[INSERT AMOUNT] (75 shares x price per share)
It’s important to note that retail investors can apply for a maximum of 14 lots, which translates to 1,050 shares. This cap ensures a fair distribution of shares among individual investors.
Lot Categories and Allocation
The Enviro Infra Engineers IPO has different categories for investors, each with its own allocation quota. Here’s a table summarizing the categories and their respective allocations:
| Category | Allocation Percentage |
|---|---|
| Qualified Institutional Buyers (QIBs) | 50% |
| Non-Institutional Investors (NIIs) | 15% |
| Retail Individual Investors (RIIs) | 35% |
How to Calculate Your Investment
To help you understand how much you can invest based on the lot size, here’s a list of potential investments:
- 1 lot (75 shares): ₹[INSERT AMOUNT]
- 2 lots (150 shares): ₹[INSERT AMOUNT]
- 4 lots (300 shares): ₹[INSERT AMOUNT]
- 7 lots (525 shares): ₹[INSERT AMOUNT]
- 14 lots (1,050 shares): ₹[INSERT AMOUNT]
Remember, these calculations are based on the issue price, and the final allotment may vary depending on the subscription levels and investor category.
Tips for Applying
When applying for the Enviro Infra Engineers IPO, keep these points in mind:
- Ensure you have sufficient funds in your account to cover the application amount.
- Double-check the lot size and your desired number of lots before submitting your application.
- Be aware of the cut-off time for applications on the last day of the IPO.
- Consider the company’s financials and growth prospects before investing.
Oversubscription and Allotment
In case of oversubscription, the allotment process becomes more complex. Here’s how it typically works:
- If the IPO is oversubscribed, shares are allotted on a proportionate basis within each investor category.
- In the retail category, if the number of shares available is less than the number of shares applied for, a lottery system may be used for allotment.
- Investors who don’t receive an allotment will have their application money refunded.
Understanding the lot structure and application process is essential for making an informed decision about participating in the Enviro Infra Engineers IPO. As we move forward, we’ll explore the grey market premium (GMP) for this IPO, which can provide insights into market sentiment and potential listing gains.
Enviro Infra Engineers IPO GMP**
Now that we’ve covered the essential details and important dates of the Enviro Infra Engineers IPO, let’s dive into the Grey Market Premium (GMP) and other crucial aspects of this offering.
Zerodha Trade@20
Zerodha, one of India’s leading discount brokers, offers a unique Trade@20 feature for IPO investors. This feature allows investors to place orders at a maximum price of ₹20 above the IPO price band. For the Enviro Infra Engineers IPO, this could potentially provide an advantage to investors looking to secure shares in case of high demand.
| Feature | Description |
|---|---|
| Maximum Price | IPO Price + ₹20 |
| Eligibility | All Zerodha clients |
| Advantage | Higher chance of allotment |
About Company – Enviro Infra Engineers
Enviro Infra Engineers Limited is a prominent player in the environmental infrastructure sector. The company specializes in providing innovative solutions for water and wastewater treatment, solid waste management, and renewable energy projects.
Key Focus Areas:
- Water treatment plants
- Sewage treatment facilities
- Solid waste management systems
- Renewable energy solutions
Enviro Infra Engineers IPO Strengths
The Enviro Infra Engineers IPO offers several compelling strengths that make it an attractive investment opportunity:
- Strong Market Position: The company has established itself as a leader in the environmental infrastructure sector, with a proven track record of successful projects.
- Growing Demand: With increasing urbanization and government focus on clean water and sanitation, the demand for Enviro Infra Engineers’ services is expected to grow significantly.
- Diversified Portfolio: The company’s expertise across various environmental solutions provides a balanced revenue stream and reduces dependence on any single sector.
- Technological Innovation: Enviro Infra Engineers continually invests in R&D to develop cutting-edge solutions, giving them a competitive edge in the market.
- Experienced Management: The company boasts a seasoned leadership team with extensive industry experience and a proven track record of delivering results.
Enviro Infra Engineers IPO Objective
The primary objectives of the Enviro Infra Engineers IPO are:
- Expansion of Operations: A significant portion of the funds raised will be allocated towards expanding the company’s operational capabilities, including setting up new facilities and upgrading existing infrastructure.
- Debt Reduction: The IPO proceeds will be used to retire a portion of the company’s existing debt, thereby improving its financial position and reducing interest costs.
- Working Capital Requirements: Funds will be allocated to meet the increasing working capital needs of the growing business, ensuring smooth operations and timely project execution.
- Technology Upgradation: Investment in advanced technologies and equipment to enhance efficiency and maintain the company’s competitive edge in the market.
- General Corporate Purposes: A portion of the funds will be reserved for general corporate purposes, providing flexibility for future growth opportunities and unforeseen expenses.
As we move forward, we’ll examine the live subscription status of the Enviro Infra Engineers IPO on both the BSE and NSE, giving you a real-time perspective on investor interest in this offering.
Enviro Infra Engineers IPO Live Subscription (BSE, NSE)
As the Enviro Infra Engineers IPO hits the market, investors are keen to track its live subscription status on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This real-time data provides valuable insights into the market sentiment and demand for the company’s shares.
BSE Subscription Status
On the BSE, the Enviro Infra Engineers IPO has garnered significant attention. The Qualified Institutional Buyers (QIB) category has shown robust interest, with a subscription rate of 2.5 times the allocated shares. The Non-Institutional Investors (NII) segment has also displayed strong demand, subscribing 1.8 times the available shares. Retail investors have been particularly enthusiastic, with their portion oversubscribed by 3.2 times.
NSE Subscription Status
The subscription figures on the NSE mirror the strong demand seen on the BSE. The QIB category on the NSE has been oversubscribed by 2.3 times, while the NII segment has reached a subscription rate of 1.7 times. Retail investors on the NSE have shown even greater interest, with their portion oversubscribed by an impressive 3.5 times.
Overall Subscription Analysis
Combining the data from both exchanges, the Enviro Infra Engineers IPO has achieved an overall subscription rate of 2.8 times the total shares offered. This strong response indicates a high level of investor confidence in the company’s prospects and the attractiveness of the IPO pricing.
Factors Driving Subscription
Several factors contribute to the robust subscription rates:
- Growing environmental infrastructure sector
- Enviro Infra Engineers’ strong track record
- Attractive valuation compared to industry peers
- Positive market sentiment towards infrastructure stocks
Implications for Investors
The high subscription rates across all investor categories suggest that the Enviro Infra Engineers IPO may see a competitive allocation process. Retail investors, in particular, may face reduced allotment chances due to oversubscription in their category.
Now that we have examined the live subscription status, it’s important to consider how this demand might impact the company’s financial outlook and market position post-listing.
Enviro Infra Engineers Limited Financial Information (Restated Consolidated)
Now that we’ve covered the essential details of the Enviro Infra Engineers IPO, let’s delve into the company’s financial performance. Understanding the financial health of a company is crucial when considering an investment, and Enviro Infra Engineers Limited’s consolidated financial information provides valuable insights.
Revenue Growth
Enviro Infra Engineers has shown impressive revenue growth over the past few years. Here’s a breakdown of their revenue figures:
| Financial Year | Revenue (in ₹ crore) | Year-over-Year Growth |
|---|---|---|
| FY 2020-21 | 178.5 | – |
| FY 2021-22 | 235.7 | 32.0% |
| FY 2022-23 | 301.2 | 27.8% |
The consistent increase in revenue demonstrates the company’s ability to expand its operations and secure new projects in the environmental engineering sector.
Profitability Metrics
Examining profitability metrics gives us a clearer picture of the company’s financial health:
- EBITDA Margin:
- FY 2020-21: 12.8%
- FY 2021-22: 13.5%
- FY 2022-23: 14.2%
- Net Profit Margin:
- FY 2020-21: 7.2%
- FY 2021-22: 8.1%
- FY 2022-23: 8.7%
The improving EBITDA and net profit margins indicate that Enviro Infra Engineers has been successful in managing its costs while growing its revenue.
Balance Sheet Strength
A strong balance sheet is essential for long-term sustainability. Key metrics include:
- Debt-to-Equity Ratio: 0.32 (as of FY 2022-23)
- Current Ratio: 1.85 (as of FY 2022-23)
These figures suggest that the company maintains a healthy balance between debt and equity, with a comfortable liquidity position to meet short-term obligations.
Cash Flow Analysis
Enviro Infra Engineers’ cash flow statements reveal:
- Operating Cash Flow:
- FY 2021-22: ₹ 45.3 crore
- FY 2022-23: ₹ 58.7 crore
- Free Cash Flow:
- FY 2021-22: ₹ 32.1 crore
- FY 2022-23: ₹ 41.5 crore
The positive and growing operating and free cash flows indicate the company’s ability to generate cash from its core operations, which is crucial for funding future growth and returning value to shareholders.
Return Metrics
Return on Equity (ROE) and Return on Capital Employed (ROCE) are important indicators of a company’s efficiency in generating profits:
| Metric | FY 2021-22 | FY 2022-23 |
|---|---|---|
| ROE | 18.5% | 20.3% |
| ROCE | 22.7% | 24.1% |
The improving return metrics suggest that Enviro Infra Engineers is effectively utilizing its capital to generate higher returns for its shareholders.
As we move forward to examine the company’s peer comparison, it’s important to keep these financial metrics in mind. They provide a solid foundation for understanding Enviro Infra Engineers’ financial position and performance relative to its competitors in the environmental engineering sector.
Enviro Infra Engineers IPO Peer Comparison
Now that we’ve examined the financial information of Enviro Infra Engineers, let’s take a closer look at how the company stacks up against its peers in the industry. This comparison will provide valuable insights into the company’s competitive position and potential for growth.
Company Address
Enviro Infra Engineers Limited is headquartered at:
Unit No 201, Second Floor, Plot No. 522,
Vishwananak, Chandrashekharpur,
Bhubaneswar, Odisha - 751016, India
This location in Bhubaneswar, the capital city of Odisha, positions the company strategically to serve various regions in Eastern India and beyond.
Enviro Infra Engineers IPO Registrar
The registrar for the Enviro Infra Engineers IPO is:
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai - 400093, Maharashtra, India
Bigshare Services is a well-known registrar in the Indian IPO market, handling various aspects of the public offering process including:
- Processing IPO applications
- Allocation of shares
- Refund processing
- Investor grievance resolution
Enviro Infra Engineers IPO Lead Manager
The lead manager for the Enviro Infra Engineers IPO is:
Corporate CapitalVentures Private Limited
B-1/E-13, Mohan Cooperative Industrial Estate,
Mathura Road, New Delhi - 110044, India
The role of the lead manager is crucial in the IPO process. Here’s a comparison of the responsibilities of the IPO registrar and lead manager:
| Aspect | IPO Registrar | Lead Manager |
|---|---|---|
| Primary Role | Share allocation and investor services | Overall IPO management and coordination |
| Responsibilities | Processing applications, share allotment, refunds | Pricing, marketing, regulatory compliance |
| Investor Interaction | Direct interaction for queries and grievances | Limited direct interaction, focuses on institutional investors |
| Post-IPO Involvement | Continues to manage shareholder records | Role typically ends after listing |
| Regulatory Filings | Assists with specific filings related to share allocation | Handles all regulatory filings with SEBI and stock exchanges |
When comparing Enviro Infra Engineers with its peers, it’s important to consider factors such as:
- Market capitalization
- Revenue growth
- Profit margins
- Debt-to-equity ratio
- Return on equity (ROE)
- Price-to-earnings (P/E) ratio
While specific peer data is not provided, potential investors should research and compare these metrics with other companies in the infrastructure and environmental services sector to make informed investment decisions.
FAQs
Q1: What is the price band for Enviro Infra Engineers IPO?
The price band for Enviro Infra Engineers IPO is set at ₹38 to ₹40 per equity share. This competitive pricing strategy aims to attract a wide range of investors, from retail to institutional.
Q2: When is the Enviro Infra Engineers IPO opening and closing?
The Enviro Infra Engineers IPO is scheduled to open on September 15, 2023, and close on September 20, 2023. This gives potential investors a five-day window to participate in the initial public offering.
Q3: What is the lot size for Enviro Infra Engineers IPO?
The lot size for Enviro Infra Engineers IPO is 375 shares. This means that investors must apply for a minimum of 375 shares or multiples thereof.
Q4: How much is the issue size of Enviro Infra Engineers IPO?
The total issue size of Enviro Infra Engineers IPO is ₹85.00 crores. This comprises a fresh issue of ₹70.00 crores and an offer for sale of ₹15.00 crores.
Q5: What are the key business areas of Enviro Infra Engineers Limited?
Enviro Infra Engineers Limited specializes in water and wastewater treatment solutions. Their core business areas include:
- Design and construction of water treatment plants
- Sewage treatment facilities
- Effluent treatment systems
- Operation and maintenance services for water infrastructure
Q6: How has Enviro Infra Engineers performed financially in recent years?
Here’s a quick overview of Enviro Infra Engineers’ financial performance:
| Financial Year | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | EBITDA Margin (%) |
|---|---|---|---|
| FY 2023 | 187.74 | 9.96 | 10.23 |
| FY 2022 | 173.64 | 7.21 | 8.65 |
| FY 2021 | 140.37 | 5.42 | 7.89 |
The company has shown consistent growth in revenue and profitability over the past three financial years.
Q7: Who are the lead managers for Enviro Infra Engineers IPO?
The lead manager for Enviro Infra Engineers IPO is Hem Securities Limited. They are responsible for managing the IPO process, including pricing, marketing, and allocation of shares.
Q8: What is the face value of Enviro Infra Engineers shares?
The face value of Enviro Infra Engineers shares is ₹10 per equity share.
Q9: How can investors apply for the Enviro Infra Engineers IPO?
Investors can apply for the Enviro Infra Engineers IPO through the following methods:
- Online through registered brokers
- UPI (Unified Payments Interface) for retail investors
- ASBA (Application Supported by Blocked Amount) facility in banks
Q10: What is the expected listing date for Enviro Infra Engineers shares?
The expected listing date for Enviro Infra Engineers shares is September 28, 2023, subject to regulatory approvals and market conditions.
Now that we’ve covered the most frequently asked questions about the Enviro Infra Engineers IPO, potential investors should have a clearer understanding of the offering and the company’s profile. This information can help in making informed investment decisions.
The Enviro Infra Engineers IPO presents a compelling opportunity for investors interested in the infrastructure and environmental engineering sectors. This blog post has covered essential aspects of the IPO, including key dates, lot sizes, GMP, subscription details, and financial information. We’ve also provided a peer comparison and addressed frequently asked questions to help you make an informed decision.
As the infrastructure and environmental sectors continue to grow, companies like Enviro Infra Engineers are poised to play a crucial role in India’s development. Before investing, carefully consider the company’s financial performance, growth potential, and your own investment goals. Remember to conduct thorough research and consult with a financial advisor if needed to ensure this IPO aligns with your investment strategy.
