Effwa Infra & Research Limited IPO
NSE SMEListed On: Jul 12, 2024 at ₹ 155.8
₹ 262400 /3200 Shares
*Min Investment
05 Jul, 2024
Open Date09 Jul, 2024
Close Date10 Jul, 2024
Allotment Date12 Jul, 2024
Listing DateEffwa Infra & Research Limited IPO Issue Details
- Issue Price ₹78-82 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 62,52,800 shares(aggregating up to ₹51.27 crore)
- Fresh Share 53,16,800 shares(aggregating up to ₹43.6 crore)
- Offer For Sale 9,36,000 shares(aggregating up to ₹7.68 crore)
- Listing at NSE SME
- List Price 155.8
- Listing Date 2024-07-12
- Lead Manager Shreni Shares Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,31,200 |
| Retail(max) | 1 | 1600 | ₹1,31,200 |
| NII (min) | 2 | 3,200 | ₹2,62,400 |
Effwa Infra & Research Limited IPO Reservation
Effwa Infra & Research Limited IPO offers total 6,252,800 shares. Out of which 1,168,000 (18.68%) allocated to QIB, 920,000 (14.71%) allocated to NII,2,091,200 (33.44%) allocated to RII, NA (NA%) allocated to employees and 1,748,800 (27.97%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,748,800 (27.97%) | |
| Market Maker Shares Offered | 324,800 (5.19%) | |
| QIB Shares Offered | 1,168,000 (18.68%) | |
| NII (HNI) Shares Offered | 920,000 (14.71%) | |
| Retail Shares Offered | 2,091,200 (33.44%) | |
| Total Shares Offered | 6,252,800 (100%) |
Effwa Infra & Research Limited IPO Details
Effwa Infra & Research Limited IPO is an SME IPO, priced at ₹78-82 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 62,52,800 equity shares, aggregating up to ₹51.27 crores..
The IPO bidding window is open from Jul 5, 2024 to Jul 9, 2024. The allotment is expected to be finalized on Jul 10, 2024, and the tentative listing date is Jul 12, 2024.
The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,31,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,62,400.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Effwa Infra & Research Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,168,000 / 920,000 | 2,091,200 | 4,179,200 |
Day 1 05-07-24 06:00 PM | 0.00 / 10.66 x | 30.03 x | 17.37 x |
Day 2 08-07-24 06:00 PM | 0.36 / 42.36 x | 90.96 x | 54.94 x |
Day 3 09-07-24 06:00 PM | 166.56 / 477.63 x | 323.81 x | 313.73 x |
Effwa Infra & Research Limited Valuations
Effwa Infra & Research Limited Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,302.83 | 6,478.54 | 4,648.21 |
| Revenue | 14,551.46 | 11,541.36 | 10,461.67 |
| Profit After Tax | 1,380.06 | 513.04 | 459.99 |
| Net Worth | 3,715.05 | 2,355.89 | 1,842.85 |
| Reserves & Surplus | 1,932.01 | 2,123.32 | 1,610.28 |
| Total Borrowing | 1,406.44 | 1,623.01 | 1,026.11 |
About Effwa Infra & Research Limited Company
Effwa Infra & Research Limited was established in 2014 and offers engineering, consulting, procurement, construction, and integrated project management services in the area of water pollution control, including wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment plants.
The company functions additionally as a project consultant and specialist in arranging its organization and project management as well as undertaking purchasing, securing financings and implements. Key importance is then brought to achieving responsible waste management to the environmental level, including waste-processing practices where other areas managed or covered incorporate, for instance; ETP, STP/Remedial, WTP, or waste management Haz-waste.
Infrastructure for the water management project would include design of the project, construction and procurement of raw materials including installation of wells including pump houses, laying of pipelines, electro-mechanical works, execution on site with overall project management till commissioning of the projects.
The company provides its services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh and Rajasthan as well as in the Special Economic Zone, which includes Adani Ports, and in the international market.
The company has successfully completed more than 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies up to March 31, 2024.
The company was employing more than 118 as of March 31, 2024 and had 12 engineers specialized in the fields of planning, design, and construction of waste water treatment and recycling systems specializing in zero discharge systems with transport systems for secondary treated wastewater and fresh water, as well as 76 engineers specialized in civil, mechanical and electrical engineering, instrumentation and automation, piping and safety and quality control.
Effwa Infra & Research Limited - Promoter(s)
Dr. Varsha Subhash Kamal
Mr. Subhash Ramavtar Kamal
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 72.99%
Effwa Infra & Research Limited IPO - Issue Objectives
Funding working capital requirements of the company
Funding of capital expenditure requirements of the company towards the purchase of new office Equipment
General corporate purposes.
Effwa Infra & Research Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Effwa Infra & Research Limited | 7.74 | 7.74 | 20.84 | 10.59 | 45.46 | 3.93 | Restated Financial Statements |
| Va Tech Wabag Ltd. | 37.73 | 37.73 | 253.24 | 33.95 | 17.1 | 5.06 | Consolidated |
| Ems Limited | 28.91 | 28.91 | 103.8 | 22.24 | 23.72 | 6.19 | Consolidated |
Notes:
- The P/E Ratio has been computed based on their respective closing market price on June 28, 2024, as divided by the Basic EPS as on March 31, 2024.
- Net asset value per equity share is calculated as net worth as of the end of the relevant year divided by the weighted average number of equity shares outstanding at the end of the year.
Contact Details
Effwa Infra & Research Limited
G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601
Thane West, Thane – 400601
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Effwa Infra & Research Limited IPO - FAQs
Ans. Effwa Infra & Research Limited IPO is a SME IPO. The issue is priced at ₹78-82 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 5, 2024, and closes on Jul 9, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Effwa Infra & Research Limited IPO opens on Jul 5, 2024 and closes on Jul 9, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Effwa Infra & Research Limited IPO is 6,252,800 shares(aggregating up to ₹51.27 Cr).
Ans. The Effwa Infra & Research Limited IPO price band is set between ₹78-82 per equity share.
Ans. To apply for Effwa Infra & Research Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Effwa Infra & Research Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Effwa Infra & Research Limited IPO is Jul 10, 2024.
Ans. The Effwa Infra & Research Limited IPO will be listed on Jul 12, 2024.
Ans. Follow the steps to check the Effwa Infra & Research Limited IPO allotment status online.
