Effwa Infra & Research Limited provides engineering, consulting, procurement, construction and integrated project management services in the field of water pollution control, covering wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants.
In addition, the company offers project organization, management, procurement, financing, and implementation as a consultant and expert. The focus is on ensuring environmentally friendly waste processing practices, including the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP) and Hazardous Waste Management.
Infrastructure for the water management project includes design of the project, construction and procurement of raw materials including installation of wells including pump houses, laying of pipelines, electro-mechanical works, execution on site with overall project management till commissioning of the projects.
The company offers its services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh and Rajasthan as well as in the Special Economic Zone, which includes Adani Ports, and in the international market.
As of March 31, 2024, the company has successfully completed over 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies.
As of March 31, 2024, the company employed over 118 people, including 12 engineers in the areas of planning, design, and construction of wastewater treatment and recycling systems with a focus on zero discharge systems with transport systems for secondary treated wastewater and fresh water and 76 engineers in the areas of civil, mechanical and electrical engineering, instrumentation and automation, piping and safety and quality control.
Effwa Infra and Research IPO – Details
| IPO Opening Date | 05 July 2024 |
| IPO Closing Date | 09 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 62,52,800 Shares Worth ₹51.27 Crore Fresh Issue: 53,16,800 Shares Worth ₹43.60 Crore Offer For Sale: 9,36,000 Shares Worth ₹7.68 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 – ₹82 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Effwa Infra and Research IPO – Date Schedule
| IPO Open Date | 05 July 2024 |
| IPO Close Date | 09 July 2024 |
| Credit of Shares to Demat Account | 10 July 2024 |
| Initiation of Refund | 11 July 2024 |
| Credit of Shares to Demat Account | 11 July 2024 |
| IPO Listing Date | 12 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 09, 2024 |
Effwa Infra and Research IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,31,200 |
| Retail (Max) | 1 | 1600 | ₹1,31,200 |
| HNI (Min) | 2 | 3200 | ₹2,62,400 |
Competitive Strengths
- Established track record for timely execution.
- The company’s Order Book.
- The Company Complete water solutions provider.
- In-house expertise in designing and engineering of water management infrastructure projects.
- Lower investments and capital expenditure in the projects due to the outsourcing model.
- Experienced Promoter and management team.
- Use of advanced technologies in construction and installations.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 104.61 | 98.56 | 4.59 | 10.26 |
| 31 March 2023 | 115.41 | 108.39 | 5.13 | 16.23 |
| 31 March 2024 | 145.51 | 126.70 | 13.80 | 14.06 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 45.46% |
| ROCE | 40.99% |
| Debt/Equity | 0.38 |
| RoNW | 37.15% |
| PAT Margin (%) | 9.51 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 7.74 | 5.96 |
| P/E (x) | 10.59 | 13.75 |
Object Of The Issue
- Funding working capital requirements of the company;
- Funding of capital expenditure requirements of the company towards the purchase of new office Equipment; and
- General corporate purposes.
Effwa Infra and Research IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.99% |
Effwa Infra and Research IPO Prospectus
Company Contact Information
| Effwa Infra & Research Limited G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601 Phone: + 91 9833850052 Email: investor@effwa.co.in Website: https://www.effwa.co.in/ |
Effwa Infra and Research IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Effwa Infra and Research IPO Lead Manager(s)
| 1. Shreni Shares Limited |
Effwa Infra and Research IPO FAQs
| What is Effwa Infra and Research IPO? Effwa Infra and Research IPO is a SME IPO. The issue is priced at ₹78 to ₹82 per equity share. The IPO is to be listed on NSE SME. |
| When Effwa Infra and Research IPO will open? The IPO is to open on 05 July 2024 for QIB, NII, and Retail Investors. |
| What is Effwa Infra and Research IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Effwa Infra and Research IPO? You can apply Effwa Infra and Research IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Effwa Infra and Research IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Effwa Infra and Research”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Effwa Infra and Research IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Effwa Infra and Research“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Effwa Infra and Research IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Effwa Infra and Research”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Effwa Infra and Research IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Effwa Infra and Research”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Effwa Infra and Research IPO Size? Effwa Infra and Research IPO size is ₹51.27 Crore. |
| What is Effwa Infra and Research IPO Price Band? Effwa Infra and Research IPO Price Band is ₹78 to ₹82. |
| What is Effwa Infra and Research IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1600 Shares with ₹1,31,200 amount while the maximum bid is 1600 Shares with ₹1,31,200. |
| What is the Effwa Infra and Research IPO Allotment Date? Effwa Infra and Research IPO allotment date is 10 July 2024. |
| What is the Effwa Infra and Research IPO Listing Date? Effwa Infra and Research IPO listing date is 12 July 2024. The IPO is to be listed on NSE SME. |
