Effwa Infra & Research Limited (NSE SME)
Jul 5, 2024 - Jul 9, 2024
Price | ₹78 - ₹82 |
Premium | ₹143 |
---|---|
Lot size | 1600 |
Allotment | Jul 10, 2024 |
Listing | Jul 12, 2024 |
Category | Lot(s) | Qty | Amount | Reserved |
---|---|---|---|---|
Retail | 1 | 1600 | 131200 | 1307 |
HNI | 2 | 3200 | 262400 | 575 |
Last updated on 09-Jul-2024 17:02:01
Category | Offered | Applied | Times |
---|---|---|---|
QIB | 1168000 | 194547200 | 166.56 |
NIB | 920000 | 439417600 | 477.63 |
RETAIL | 2091200 | 677155200 | 323.81 |
Total | 4179200 | 1311120000 | 313.73 |
Retail Apps | 423222 | © IPO Premium |
HNI Interest Cost Per Share (7 Days) | |||||
---|---|---|---|---|---|
@7% ₹52.58 | @8% ₹60.09 | @9% ₹67.6 | @10% ₹75.11 | @11% ₹82.62 | @12% ₹90.13 |
Effwa Infra and Research IPO Reservation
Investor Category | Shares Offered | No. of Shares |
---|---|---|
Retail | 33.44% | 2091200 |
NII (HNI) | 14.71% | 920000 |
QIB | 18.68% | 1168000 |
Anchor | 27.97% | 1748800 |
Market Maker | 5.19% | 324800 |
Total | 100.00% | 6252800 |
Effwa Infra and Research IPO Details
Issue Size | 6,252,800 shares (aggregating up to ₹51.27 Cr) |
Fresh Issue | 5,316,800 shares (aggregating up to ₹43.60 Cr) |
Offer for Sale | 936,000 shares of ₹10 (aggregating up to ₹7.68 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 17,830,367 |
Share holding post issue | 23,147,167 |
Market Maker portion | 324,800 shares Rikhav Securities |
Key Performance Indicator
KPI | Mar-24 | Mar-23 | Mar-22 |
---|---|---|---|
ROE | 46.22% | 24.44% | 27.67% |
ROCE | 40.75% | 22.89% | 24.37% |
D/E | 0.38 | 0.69 | 0.56 |
RONW | 37.15% | 21.78% | 24.96% |
EPS (basic & diluted) | 7.74 | 2.88 | 2.58 |
Company Financials
Effwa Infra & Research Limited Financial Information (Restated)
Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.
Period | Mar 2024 | Mar 2023 | Mar 2022 |
---|---|---|---|
Assets | 8,302.83 | 6,478.54 | 4,648.21 |
Revenue | 14,551.46 | 11,541.36 | 10,461.67 |
Profit | 1,380.06 | 513.04 | 459.99 |
Net Worth | 3,715.05 | 2,355.89 | 1,842.85 |
Reserves | 1,932.01 | 2,123.32 | 1,610.28 |
Borrowing | 1,406.44 | 1,623.01 | 1,026.11 |
Amount in ₹ Lakhs |
About Company
Effwa Infra & Research Limited, founded in 2014, specializes in providing comprehensive engineering, consulting, procurement, construction, and integrated project management services in water pollution control. The company focuses on wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment plants. As a consultant and expert, Effwa Infra & Research Limited also offers project organization, management, procurement, financing, and implementation services, ensuring environmentally friendly waste processing practices. This includes the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP), and Hazardous Waste Management. Their infrastructure projects encompass the design, construction, and procurement of raw materials, installation of wells and pump houses, laying pipelines, and executing electro-mechanical works, with comprehensive project management until commissioning. The company operates in states like Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, including the Special Economic Zone with Adani Ports, and serves the international market. As of March 31, 2024, Effwa Infra & Research Limited successfully completed over 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies. The company employs over 118 people, including 12 engineers specializing in the planning, design, and construction of wastewater treatment systems with a focus on zero discharge systems and secondary treated wastewater transport systems, and 76 engineers in civil, mechanical, electrical engineering, instrumentation and automation, piping, and safety and quality control.
Strength Factors
In-House Expertise: The company boasts specialized in-house expertise in designing and engineering water management infrastructure projects, ensuring high-quality and efficient solutions.
Cost-Effective Outsourcing Model: By leveraging an outsourcing model, Effwa Infra & Research Limited minimizes investments and capital expenditures, enhancing financial efficiency.
Experienced Leadership: The company benefits from a seasoned promoter and management team, providing strategic direction and fostering sustainable growth.
Risk Factor
Outstanding Litigation: The company faces certain outstanding litigation, and an adverse outcome could negatively impact its business, reputation, and operational results.
Bank Guarantee Dependence: The requirement to furnish bank guarantees poses a risk; failure to arrange or the invocation of such guarantees could adversely affect cash flows and financial condition.
Client Concentration: Reliance on a limited number of clients for the majority of revenue means the loss of one or more key clients could have a significant adverse effect on the company's business, financial condition, and results of operations.
Effwa Infra and Research IPO Lead Manager(s)
- Shreni Shares Limited
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html