Envirotech Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,346,000 (43%) | — | ₹1,314 Cr |
| NII (HNI) | — | 706,000 (13%) | — | ₹395 Cr |
| Retail | — | 1,646,000 (30%) | — | ₹922 Cr |
| Market Maker | — | 702,000 (13%) | — | ₹393 Cr |
| Σ Total | — | 5,400,000 (100%) | — | ₹30,240 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 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,568,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,504,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 4,688 | 2,875 | 1,850 |
| Profit After Tax | 1,143 | 257 | 106 |
| Net Worth | 1,961 | 662 | 404 |
| Total Assets | 3,867 | 2,276 | 1,387 |
| Reserves & Surplus | 622 | 612 | 354 |
| Total Borrowing | 241 | 261 | 277 |
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
- Purchase Land and Building for setting up factory –
- Funding of working capital requirements of the Company –
- General Corporate Expenses –
- Issue Expenses –
Company Overview
Founded in 2007, 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.
Competitive Strengths:
- Early entry into the Acoustic Insulation sector has given the company a distinct competitive advantage.
- The promoters have more than two decades of valuable experience in the industry, giving the company an in-depth understanding of market dynamics.
- An accomplished technical team with a wealth of experience in project execution ensures competent project execution across a wide spectrum.
- A strong commitment to research and development and continuous product development that enables the company to remain at the forefront of innovation.
- The company has entered into strategic partnerships with industry experts that enhance its technical expertise and market knowledge.
- All product ranges undergo rigorous testing and receive certifications from recognized government bodies that confirm their quality and reliability.
- An extensive customer database covering various segments underlines the company's strong market presence and trust.
The company employs over 98 people.