Envirotech Systems Limited (NSE SME)

Sep 13, 2024 - Sep 19, 2024

Price ₹53 - ₹56
Premium ₹47
Lot size 2000
Allotment Sep 20, 2024
Listing Sep 24, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 2000 112000 823
HNI 2 4000 224000 353

Last updated on 19-Sep-2024 17:01:02

CategoryOfferedAppliedTimes
QIB9400006403000068.12
NIB706000132826000188.14
RETAIL164600010561400064.16
Total329200030247000091.88
Retail Apps52807© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹14.14
@8%
₹16.16
@9%
₹18.19
@10%
₹20.21
@11%
₹22.23
@12%
₹24.25
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail30.48%1646000
NII (HNI)13.07%706000
Anchor26.04%1406000
QIB17.41%940000
Market Maker13.00%702000
Total 100.00%5400000

Envirotech Systems IPO Details

Issue Size5,400,000 shares
(aggregating up to ₹30.24 Cr)
Fresh Issue5,400,000 shares
(aggregating up to ₹30.24 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue13,390,000
Share holding post issue18,790,000
Market Maker portion702,000 shares
Share India Securities

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROE58.29%38.89%26.14%
ROCE62.43%29.77%27.39%
RONW58.29%38.89%26.14%
D/E0.461.381.33
EPS
(basic)
8.541.980.81
P/E
Pre IPO
6.56
P/E
Post IPO
9.21

Financial Statement (Restated)

Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodMar 2024Mar 2023Mar 2022
Assets3,867.472,275.731,386.51
Revenue4,687.952,874.781,849.54
Profit1,142.88257.34105.73
Net Worth1,960.62661.73404.4
Reserves621.62611.73354.4
Borrowing240.5260.67276.61
Amount in ₹ Lakhs

About Company

Founded in 2007, Envirotech Systems Limited specializes in noise measurement and control solutions for industrial and commercial applications, offering products like Noise Test Booths, Acoustic Enclosures, and Noise Barriers. Serving industries such as oil and gas, manufacturing, and power generation, the company benefits from its early entry into the acoustic insulation sector, backed by over two decades of experience from its promoters. With a focus on R&D, certified products, and strategic partnerships, Envirotech ensures innovative and reliable solutions. The company employs over 98 people and maintains a strong market presence across India.

Lead Manager(s)

Share India Capital Services Private Limited

Strength

Experienced Promoters and Management: Over two decades of industry expertise, providing deep market insight and leadership.

Quality Assurance: Rigorous testing and government certifications ensure high reliability and standards across all products.

Strong Client Relationships: Established ties with diverse industries, reinforcing trust and a consistent customer base.

Weakness

Ongoing Legal Proceedings: Involvement in legal cases could adversely impact the company’s operations and financial condition.

Promoter Loan Default: A promoter’s default on a personal loan could affect the company’s reputation and financial stability.

Unowned Registered Office: Operating from a non-owned office may pose risks related to stability and operational continuity.

Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html