Enviro Infra Engineers Limited (MAINBOARD)
Nov 22, 2024 - Nov 26, 2024
| Price | ₹140 - ₹148 |
| Premium | ₹52 |
|---|---|
| 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 |
Last updated on 22-Nov-2024 19:57:26
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 8769600 | 17929419 | 2.04 |
| HNIs | 6577200 | 19698535 | 2.99 |
| HNIs 10+ | 4384800 | 12043341 | 2.75 |
| HNIs 2+ | 2192400 | 7655194 | 3.49 |
| Retail | 15346800 | 26665616 | 1.74 |
| Employees | 100000 | 322695 | 3.23 |
| Total | 30793600 | 64616265 | 2.1 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 3101 | 1758 | 0.57 |
| HNIs (2-10L) | 1550 | 5017 | 3.24 |
| Retail | 151949 | 267683 | 1.76 |
| Employee | - | 2083 | - |
| Total Applications: 276541 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 129.79 | 265.36 | 2.04 |
| FIIs | - | 0.02 | - |
| DIIs | - | 0 | - |
| Mutual funds | - | 0 | - |
| Others | - | 265.33 | - |
| HNIs | 97.34 | 291.54 | 2.99 |
| HNIs 10+ | 64.9 | 178.24 | 2.75 |
| HNIs 2+ | 32.45 | 113.3 | 3.49 |
| Retail | 227.13 | 394.65 | 1.74 |
| Employees | 1.48 | 4.78 | 3.23 |
| Total | 455.75 | 956.32 | 2.1 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.41 | @8% ₹0.46 | @9% ₹0.52 | @10% ₹0.58 | @11% ₹0.64 | @12% ₹0.69 |
Enviro Infra Engineers IPO Details
| Issue Size | 43,948,000 shares (aggregating up to ₹650.43 Cr) |
| Fresh Issue | 38,680,000 shares (aggregating up to ₹572.46 Cr) |
| Offer for Sale | 5,268,000 shares of ₹10 (aggregating up to ₹77.97 Cr) |
| Employee Discount | Rs 13 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 136,850,000 |
| Share holding post issue | 175,530,000 |
Enviro Infra Engineers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicator
| KPI | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 10.07% | 51.68% | 55.50% |
| ROCE | 8.24% | 32.34% | 43.33% |
| RONW | 9.53% | 37.83% | 43.46% |
| D/E | 0.95 | 0.80 | 0.49 |
| EPS (basic) | 2.25 | 8.13 | 4.29 |
| P/E Pre IPO | 18.32 | ||
| P/E Post IPO | 21.1 |
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.
| Period | Jun-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 813 | 761 | 348 | 148 |
| Revenue | 207 | 738 | 342 | 226 |
| Profit | 31 | 111 | 55 | 35 |
| Net Worth | 323 | 292 | 127 | 72 |
| Reserves | 186 | 156 | 101 | 69 |
| Borrowing | 306 | 234 | 65 | 18 |
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.
Hem Securities Limited
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.
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.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html