Effwa Infra & Research Limited IPO
Effwa Infra & Research Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹78–₹82 per share. The stock debuted at ₹155.8, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,31,200.
Effwa Infra & Research Limited IPO
- IPO Dates
- Jul 5, 2024 – Jul 9, 2024
- Price band
- ₹78-82 per equity share
- Minimum Investment
- ₹1,31,200
- Issue size
- ₹51.27 Cr
- Lot size
- 1600
- Allotment Date
- Jul 10, 2024
- Listing
- Jul 12, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 5, 2024
Open Date
Completed
-
Jul 9, 2024
Close Date
Completed
-
Jul 10, 2024
Allotment Date
Completed
-
Jul 12, 2024
Listing Date
Completed
Effwa Infra & Research Limited IPO Essentials
Effwa Infra & Research Limited IPO Details
Effwa Infra & Research Limited IPO is priced at ₹78-82 per share with a total issue size of 51.27 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹78-82 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,252,800 shares(aggregating up to ₹51.27 Cr)
- Total issue size
- 62,52,800 shares
(aggregating up to ₹51.27 crore) - Fresh issue
- 53,16,800 shares
(aggregating up to ₹43.6 crore) - Offer for sale (OFS)
- 9,36,000 shares
(aggregating up to ₹7.68 crore) - Listing at
- NSE SME
- List price
- 155.8
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Limited
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 reservation details show category-wise allocation of shares. Out of the total 6,252,800 shares, approximately 18.68% are reserved for QIB, 14.71% for NII, 33.44% for retail investors, 5.19% for market maker, and 27.97% for 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 Analytics
Effwa Infra & Research Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Effwa Infra & Research Limited IPO Subscription Status
Effwa Infra & Research Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹7.74/-
- EPS Post IPO
- ₹5.96/-
- P/E Pre IPO
- 10.59
- P/E Post IPO
- 13.75
Returns
- ROE
- 45.46%
- ROCE
- 40.99%
- RoNW
- 37.15%
- PAT Margin
- 9.51
Fundamentals
- Debt / Equity
- 0.38
- Price / Book
- 3.93
Effwa Infra & Research Limited Financials( In Lakhs)
| 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 |
Effwa Infra & Research Limited Company & Offer Insights
About Effwa Infra & Research Limited
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 are the company's promoters of Effwa Infra & Research Limited.
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 Information
Contact Details
Effwa Infra & Research Limited
Thane West, Thane – 400601
G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Effwa Infra & Research Limited IPO is a book-built IPO worth ₹51.27 crore. The price band is ₹78–₹82 per share. The IPO opens on Jul 5, 2024 and closes on Jul 9, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Effwa Infra & Research Limited IPO is ₹78 to ₹82 per share.
The lot size of Effwa Infra & Research Limited IPO is 1600 shares.
The minimum investment for Effwa Infra & Research Limited IPO is approximately ₹1,31,200 based on the upper price band .
Effwa Infra & Research Limited IPO opens on Jul 5, 2024 and closes on Jul 9, 2024.
The allotment date of Effwa Infra & Research Limited IPO is Jul 10, 2024.
Effwa Infra & Research Limited IPO is expected to be listed on Jul 12, 2024, on NSE SME Platform.
Effwa Infra & Research Limited IPO valuation snapshot: P/E 13.75, EPS ₹5.96/-, P/B 3.93, RoNW 37.15%, and market cap N/A.
To apply for Effwa Infra & Research Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Effwa Infra & Research Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Effwa Infra & Research Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Effwa Infra & Research Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Effwa Infra & Research Limited IPO allotment status on IPO Ji for quick and easy access.