Enviro Infra Engineers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 21,924,000 (50%) | — | ₹32,448 Cr |
| NII (HNI) | — | 6,577,200 (15%) | — | ₹9,734 Cr |
| Retail | — | 15,346,800 (35%) | — | ₹22,713 Cr |
| Employee | — | 100,000 (0%) | — | ₹15 Cr |
| Σ Total | — | 43,948,000 (100%) | — | ₹650,430 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 | 101 | ₹14,948 |
| Retail (Max) | 13 | 1,313 | ₹194,324 |
| S-HNI (Min) | 14 | 1,414 | ₹209,272 |
| B-HNI (Min) | 67 | 6,767 | ₹1,001,516 |
Financial Statements Amount in Crore
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 207 | 738 | 342 |
| Profit After Tax | 31 | 111 | 55 |
| Net Worth | 323 | 292 | 127 |
| Total Assets | 813 | 761 | 348 |
| Reserves & Surplus | 186 | 156 | 101 |
| Total Borrowing | 306 | 234 | 65 |
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
- To meet the Working Capital Requirements; –
- Infusion of funds in our 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 our outstanding borrowings; and –
- Funding inorganic growth through unidentified acquisitions and general corporate purposes. –
Company Overview
Enviro Infra Engineers Limited was established in 2009 and 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.
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
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.