Enviro Infra Engineers Limited 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.
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.
Enviro Infra Engineers IPO – Details
| IPO Opening Date | 22 November 2024 |
| IPO Closing Date | 26 November 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 4,39,48,000 Shares Worth ₹650.43 Crore Fresh Issue: 3,86,80,000 Shares Worth ₹572.46 Crore Offer For Sale: 52,68,000 Shares Worth ₹77.97 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 – ₹148 per share |
| Market Lot | 101 Shares |
| Min Order | 101 Shares (1 Lot) |
| Employee Discount | ₹13 |
| Listing At | BSE, NSE |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Enviro Infra Engineers IPO – Date Schedule
| IPO Open Date | 22 November 2024 |
| IPO Close Date | 26 November 2024 |
| Basis of Allotment | 27 November 2024 |
| Initiation of Refund | 28 November 2024 |
| Credit of Shares to Demat Account | 28 November 2024 |
| IPO Listing Date | 29 November 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Enviro Infra Engineers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 101 | ₹14,948 |
| Retail (Max) | 13 | 1,313 | ₹1,94,324 |
| S-HNI (Min) | 14 | 1,414 | ₹2,09,272 |
| S-HNI (Max) | 66 | 6,666 | ₹9,86,568 |
| B-HNI (Min) | 67 | 6,767 | ₹10,01,516 |
Competitive Strengths
- In-house design, engineering, and execution team.
- Growing presence in existing regions with new projects.
- Diversified order book of projects across India.
- In-house execution capabilities with on-time delivery and an established track record of consistently increasing eligibility for high-value project tenders.
- Use of advanced technologies in the construction and installation of WWTPs or WSSPs.
- Experienced promoters and senior management team.
- Consistent financial performance.
Company Promoters
- Sanjay Jain
- Manish Jain
- Ritu Jain
- Shachi Jain
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 225.62 | 179.55 | 34.54 | 18.11 |
| 31 March 2023 | 341.66 | 267.07 | 55.33 | 64.54 |
| 31 March 2024 | 738.00 | 588.19 | 108.56 | 233.59 |
| 30 June 2024 | 207.45 | 164.34 | 29.96 | 305.59 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 51.68% |
| ROCE | 32.34% |
| Debt/Equity | 0.8 |
| RoNW | 37.83% |
| P/BV | 6.89 |
| PAT Margin (%) | 15.17 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.08 | 7.01 |
| P/E (x) | 18.32 | 21.1 |
Object Of The Issue
- To meet the Working Capital Requirements;
- Infusion of funds in the Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode;
- Repayment/prepayment in full or in part, of certain of the outstanding borrowings; and
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Enviro Infra Engineers IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 10 | EMS Limited | 25.92 |
| 2 | 1 | ION Exchange Limited | 38.68 |
| 3 | 2 | Va Tech Wabag Limited | 43.90 |
| 4 | 10 | Vishnu Prakash R Punglia Limited | 25.31 |
Enviro Infra Engineers IPO Promoter Holding
| Pre Issue Share Holding | 93.66% |
| Post Issue Share Holding | 70.02% |
Enviro Infra Engineers IPO Prospectus
Company Contact Information
| Enviro Infra Engineers Limited Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North West 110085 Phone: +91 11 4059 1549 Email: cs@eiepl.in Website: http://www.eiel.in/ |
Enviro Infra Engineers IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Enviro Infra Engineers IPO Lead Manager(s)
| 1. Hem Securities Limited |
Enviro Infra Engineers IPO FAQs
| What is Enviro Infra Engineers IPO? Enviro Infra Engineers IPO is a main-board IPO. The issue is priced at ₹140 to ₹148 per equity share. The IPO is to be listed on BSE & NSE. |
| When Enviro Infra Engineers IPO will open? The IPO is to open on 22 November 2024 for QIB, NII, and Retail Investors. |
| What is Enviro Infra Engineers IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Enviro Infra Engineers IPO? You can apply Enviro Infra Engineers 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 Enviro Infra Engineers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Enviro Infra Engineers IPO”. 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 Enviro Infra Engineers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Enviro Infra Engineers IPO“. 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 Enviro Infra Engineers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Enviro Infra Engineers IPO”. 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 Enviro Infra Engineers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Enviro Infra Engineers IPO”. 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 Enviro Infra Engineers IPO Size? Enviro Infra Engineers IPO size is ₹650.43 Crore. |
| What is the Enviro Infra Engineers IPO Price Band? Enviro Infra Engineers IPO Price Band is ₹140 to ₹148. |
| What is Enviro Infra Engineers IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 101 Shares with ₹14,948 amount while the maximum bid is 1313 Shares with ₹1,94,324. |
| What is the Enviro Infra Engineers IPO Allotment Date? Enviro Infra Engineers IPO allotment date is 27 November 2024. |
| What is the Enviro Infra Engineers IPO Listing Date? Enviro Infra Engineers IPO listing date is 29 November 2024. The IPO is to be listed on BSE and NSE. |
