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.
The company employs over 98 people.
Envirotech Systems IPO – Details
| IPO Opening Date | 13 September 2024 |
| IPO Closing Date | 19 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 54,00,000 Shares Worth ₹30.24 Crore Fresh Issue: 54,00,000 Shares Worth ₹30.24 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹53 – ₹56 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Envirotech Systems IPO – Date Schedule
| IPO Open Date | 13 September 2024 |
| IPO Close Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refund | 23 September 2024 |
| Credit of Shares to Demat Account | 23 September 2024 |
| IPO Listing Date | 24 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 19, 2024 |
Envirotech Systems IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,12,000 |
| Retail (Max) | 1 | 2000 | ₹1,12,000 |
| HNI (Min) | 2 | 4000 | ₹2,24,000 |
Competitive Strengths
- Experienced Promoters and Management Team
- Quality Assurance of company’s Services.
- Established relationship with existing client.
- Scalable Business Model.
Company Promoters
- Mr. Manoj Kumar Gupta
- Mrs. Sindhu Gupta
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 18.49 | 17.05 | 1.05 | 2.76 |
| 31 March 2023 | 28.74 | 25.22 | 2.57 | 2.60 |
| 31 March 2024 | 46.87 | 31.27 | 11.42 | 2.40 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 58.29% |
| ROCE | 62.43% |
| RoNW | 58.29% |
| P/BV | 3.83 |
| PAT Margin (%) | 24.72 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.54 | 6.08 |
| P/E (x) | 6.56 | 9.21 |
Object Of The Issue
- Purchase Land and Building for setting up factory.
- Funding of working capital requirements of the Company.
- General Corporate Expenses.
- Issue Expenses.
Envirotech Systems IPO Promoter Holding
| Pre Issue Share Holding | 96.48% |
| Post Issue Share Holding | 68.75% |
Envirotech Systems IPO Prospectus
Company Contact Information
| Envirotech Systems Limited A-29, Block-A, Shyam Vihar Phase-I, New Delhi – 110043 Phone: +0120-4337633 Email: cs@envirotechltd.com Website: https://www.envirotechltd.com/ |
Envirotech Systems IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Envirotech Systems IPO Lead Manager(s)
| 1. Share India Capital Services Private Limited |
Envirotech Systems IPO FAQs
| What is Envirotech Systems IPO? Envirotech Systems IPO is a SME IPO. The issue is priced at ₹53 and ₹56 per equity share. The IPO is to be listed on NSE SME. |
| When Envirotech Systems IPO will open? The IPO is to open on 13 September 2024 for QIB, NII, and Retail Investors. |
| What is Envirotech Systems IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Envirotech Systems IPO? You can apply Envirotech Systems 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 Envirotech Systems IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Envirotech Systems 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 Envirotech Systems IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Envirotech Systems 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 Envirotech Systems IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Envirotech Systems 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 Envirotech Systems IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Envirotech Systems 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 Envirotech Systems IPO Size? Envirotech Systems IPO size is ₹30.24 Crore. |
| What is Envirotech Systems IPO Price Band? Envirotech Systems IPO Price Band is ₹53 – ₹56. |
| What is Envirotech Systems IPO Minimum and Maximum Lot Size for retail? The minimum bid is 2000 Shares with ₹1,12,000 amount while the maximum bid is 2000 Shares with ₹1,12,000. |
| What is the Envirotech Systems IPO Allotment Date? Envirotech Systems IPO allotment date is 20 September 2024. |
| What is the Envirotech Systems IPO Listing Date? Envirotech Systems IPO listing date is 24 September 2024. The IPO is to be listed on NSE SME. |
