Enviro Infra Engineers Limited (MAINBOARD)

Nov 22, 2024 - Nov 26, 2024

Price ₹140 - ₹148
Premium ₹27
Lot size 101
Allotment Nov 27, 2024
Listing Nov 29, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 101 14948 151949
sHNI 14 1414 209272 1550
bHNI 67 6767 1001516 3101
About

Enviro Infra Engineers IPO Details

Issue Size43,948,000 shares
(aggregating up to ₹650.43 Cr)
Fresh Issue38,680,000 shares
(aggregating up to ₹572.46 Cr)
Offer for Sale5,268,000 shares of ₹10
(aggregating up to ₹77.97 Cr)
Employee DiscountRs 13 per share
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue136,850,000
Share holding post issue175,530,000

Enviro Infra Engineers IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50.00% of the Net offer
Retail Shares OfferedNot less than 35.00% of the Net Issue
NII (HNI) Shares OfferedNot less than 15.00% of the Net Issue

Key Performance Indicator

KPIJun-24Mar-24Mar-23
ROE10.07%51.68%55.50%
ROCE8.24%32.34%43.33%
RONW9.53%37.83%43.46%
D/E0.950.800.49
EPS (basic)2.258.134.29

Company Financials

Enviro Infra Engineers Limited Financial Information (Restated Consolidated) In Crores.

Enviro Infra Engineers Limited's revenue increased by 116% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodJun-24Mar-24Mar-23Mar-22
Assets813761348148
Revenue207738342226
Profit311115535
Net Worth32329212772
Reserves18615610169
Borrowing3062346518

About Company

Enviro Infra Engineers Limited, established in 2009, specializes in the design, construction, operation, and maintenance of Water and Waste-Water Treatment Plants (WWTPs) and Water Supply Projects (WSSPs) for government agencies and entities. Its WWTP offerings include Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs), while its WSSP solutions encompass Water Treatment Plants (WTPs), pumping stations, and pipeline installations for water supply. The company participates in tenders floated by state governments and Urban Local Bodies (ULBs) to develop these projects on Engineering, Procurement, and Construction (EPC) or Hybrid Annuity Model (HAM) bases. With an in-house team of 180 engineers, supported by external consultants and industry experts, the company has successfully completed 28 WWTPs and WSSPs across India over the past seven years, including 22 large-scale projects with capacities of 10 MLD or more, as of June 30, 2024.

Lead Manager(s)

Hem Securities Limited

Strength

In-house Expertise: Dedicated team for design, engineering, and execution ensures quality and efficient project delivery.

Expanding Footprint: Increasing presence in existing regions through new and ongoing projects.

Diversified Portfolio: Varied order book with projects spanning multiple regions across India.

Weakness

Dependence on Competitive Bidding: Inability to qualify for or win government-awarded projects could impact business growth and profitability.

Employee Dependency and Compliance Issues: Loss of key employees and past delays in statutory payments (PF/ESI) may disrupt project execution and attract regulatory scrutiny.

Working Capital Intensity: High working capital requirements and insufficient cash flow could adversely affect operational results.

Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html