About Enviro Infra Engineers:
The organization specializes in the design, construction, operation, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities and bodies. WWTPs encompass 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 installation of pipelines for water supply (collectively referred to as “Projects”). The treatment processes implemented at most STPs and CETPs are Zero Liquid Discharge (ZLD) compliant, enabling the treated water to be reused for horticulture, washing, refrigeration, and various process industries.
About the Industry in which Enviro Infra Engineers operates:
The global water and wastewater treatment market is projected to grow at a compound annual growth rate (CAGR) of 6.10%, increasing in value from USD 306.332 billion in 2024 to USD 521.97 billion by 2033. India, covering 2.45% of the world’s land area and possessing 4% of its water resources, accounts for 16% of the global population. With a current population growth rate of 1.9% annually, India’s population is anticipated to exceed 1.5 billion by 2050. The ongoing trend of urbanization in the country places significant pressure on civic authorities to provide essential services such as safe drinking water, sanitation, and infrastructure. Rapid population growth has intensified the demand for potable water, necessitating the exploration of new raw water sources and the development of advanced treatment and distribution systems.
| Important Information and Timelines of the IPO of Enviro Infra Engineers: | |
|---|---|
| Open Date | 22 November 2024 |
| Close Date | 26 November 2024 |
| Total Issue Size – Number of Shares | 43948000 |
| Minimum Bid Price | 140 |
| Maximum Bid Price | 148 |
| Lot Size | 101 |
| Basis of Allotment | 27 November 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 28 November 2024 |
| Listing Date | 29 November 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Enviro Infra Engineers:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 101 | 14948 |
| Retail – Maximum | 13 | 1313 | 194324 |
| sHNI – Minimum | 14 | 1414 | 209272 |
| sHNI – Maximum | 66 | 6666 | 986568 |
| bHNI – Minimum | 67 | 6767 | 1001516 |
Objective of the IPO of Enviro Infra Engineers:
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To meet the Working Capital Requirements
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Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode
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Repayment/prepayment in full or in part, of certain of our outstanding borrowing
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Funding inorganic growth through unidentified acquisitions and general corporate purposes
Financials of Enviro Infra Engineers:
| Particulars | For the three months period ended June 30, 2024 | For the Financial Year ended March 31, 2024 | For the Financial Year ended March 31, 2023 | For the Financial Year ended March 31, 2022 |
|---|---|---|---|---|
| Share Capital | 13,685.00 | 13,685.00 | 2,562.00 | 244.00 |
| Net Worth | 32,299.61 | 29,218.37 | 12,651.40 | 7,162.25 |
| Revenue from Operation | 20,518.02 | 72,891.50 | 33,810.20 | 22,352.51 |
| Restated Profit for the Year | 3,077.77 | 11,054.41 | 5,497.81 | 3,455.03 |
| Restated Basic Earnings per Share | 2.25 | 8.13 | 4.29 | 2.70 |
| Restated Diluted Earnings per Share | 2.25 | 8.13 | 4.29 | 2.70 |
| Restated Net Asset Value per Share | 23.60 | 21.48 | 9.88 | 5.59 |
| Total Borrowings | 30,558.94 | 23,359.49 | 6,454.43 | 1,811.18 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Enviro Infra Engineers. You will receive a UPI mandate after 10:00 AM on 22 November 2024.
###1. How to apply for the IPO of Enviro Infra Engineers on Dhan?
You can apply for the IPO of Enviro Infra Engineers from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Enviro Infra Engineers be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 28 November 2024. However, you will be able to see the shares of Enviro Infra Engineers on Dhan before the market starts on the listing date which is 29 November 2024.