Effwa Infra & Research Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,916,800 (47%) | — | ₹2,392 Cr |
| NII (HNI) | — | 2,916,800 (47%) | — | ₹2,392 Cr |
| Retail | — | 2,091,200 (33%) | — | ₹1,715 Cr |
| Market Maker | — | 324,800 (5%) | — | ₹27 Cr |
| Σ Total | — | 2,091,200 (33%) | — | ₹1,715 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹131,200 |
| Retail (Max) | 13 | 20,800 | ₹1,705,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,836,800 |
| B-HNI (Min) | 67 | 107,200 | ₹8,790,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 14,551 | 11,541 | 10,462 |
| Profit After Tax | 1,380 | 513 | 460 |
| Net Worth | 3,715 | 2,356 | 1,843 |
| Total Assets | 8,303 | 6,479 | 4,648 |
| Reserves & Surplus | 1,932 | 2,123 | 1,610 |
| Total Borrowing | 1,406 | 1,623 | 1,026 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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. –
Company Overview
Effwa Infra & Research Limited was founded in 2014 and 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.