Enviro Infra Engineers IPO

Enviro Infra Engineers IPO is listed on BSE and NSE, priced at ₹140–₹148 per share. The stock debuted at ₹220, delivering a listing gain of 48.6%. The IPO had a lot size of ₹101 shares and a minimum investment of ₹14,948.

Enviro Infra Engineers Limited IPO

Mainboard Listed
₹14,948 (101 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 22, 2024 – Nov 26, 2024
Price band
₹140-148 per equity share
Minimum Investment
₹14,948
Issue size
₹650.43 Cr
Lot size
101
Allotment Date
Nov 27, 2024
Listing
Nov 29, 2024
Listing At
BSE, NSE

IPO timeline

  1. Nov 22, 2024

    Open Date

    Completed

  2. Nov 26, 2024

    Close Date

    Completed

  3. Nov 27, 2024

    Allotment Date

    Completed

  4. Nov 29, 2024

    Listing Date

    Completed

Price Summary

Last closing
184.90 (24.93%)
52 week high
306.40
52 week low
134.71
Last update

Enviro Infra Engineers IPO Essentials

Enviro Infra Engineers IPO Details

Enviro Infra Engineers IPO is priced at ₹140-148 per share with a total issue size of 650.43 crore. The IPO has a lot size of 101 shares and is listed on BSE and NSE.

Issue price
₹140-148 per equity share
Lot size
101 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹650.43 Cr :
#Fresh Issue : 38,680,000 shares(aggregating up to ₹572.46 Cr) +
#OFS : 5,268,000 shares of ₹10(aggregating up to ₹77.97 Cr)
Total issue size
4,39,48,000 shares
(aggregating up to ₹650.43 crore)
Fresh issue
3,86,80,000 shares
(aggregating up to ₹572.46 crore)
Offer for sale (OFS)
52,68,000 shares
(aggregating up to ₹77.97 crore)
Listing at
BSE, NSE
List price
220.0(NSE)
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Hem Securities Limited

Market Lot Size

Investors can bid for a minimum of 101 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) 1 101 ₹14,948
Retail(max) 13 1313 ₹1,94,324

Enviro Infra Engineers IPO Documents

Enviro Infra Engineers IPO Reservation

Enviro Infra Engineers IPO reservation details show category-wise allocation of shares. Out of the total 43,948,000 shares, approximately 19.95% are reserved for QIB, 14.97% for NII, 34.92% for retail investors, 0.23% for employees, and 29.93% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 13,154,400 (29.93%)
QIB Shares Offered 8,769,600 (19.95%)
NII (HNI) Shares Offered 6,577,200 (14.97%)
bHNI > ₹10L 4,384,800 (9.98%) 3,100
sHNI < ₹10L 2,192,400 (4.99%) 1,550
Retail Shares Offered 15,346,800 (34.92%) 151,948
Employee Shares Offered 100,000 (0.23%)
Total Shares Offered 43,948,000 (100%)

Enviro Infra Engineers IPO Analytics

Enviro Infra Engineers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Enviro Infra Engineers IPO Subscription Status

Enviro Infra Engineers 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
bHNI
sHNI
Retail Total
Shares Offered / Reserved 8,769,600
6,577,200
4,384,800
2,192,400
15,346,800 30,793,617
Day 1 22-11-24 05:00 PM
2.04 x
2.98x
2.75x
3.45x
1.70 x 2.08 x
Day 2 25-11-24 05:00 PM
2.58 x
34.60x
37.05x
29.70x
8.73 x 12.52 x
Day 3 26-11-24 05:00 PM
157.05 x
153.78x
177.97x
105.41x
24.41 x 89.86 x
Total No. of Applications
bHNI sHNI Retail
33,34,560 (Approx) —x —x 20.01x

Enviro Infra Engineers Valuations

Earnings

EPS Pre IPO
8.08
EPS Post IPO
7.01
P/E Pre IPO
18.32
P/E Post IPO
21.1

Returns

ROE
51.68%
ROCE
32.34%
RoNW
37.83%
PAT Margin
15.17

Fundamentals

Debt / Equity
0.80
Price / Book
6.89

Data sourced from DRHP / RHP • For educational purposes only

Enviro Infra Engineers Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 761.19 347.58 148.27
Revenue 738 341.66 225.62
Profit After Tax 110.54 54.98 34.55
Net Worth 292.18 126.51 71.62
Reserves & Surplus 155.51 101.11 69.31
Total Borrowing 233.59 64.54 18.11

Enviro Infra Engineers Company & Offer Insights

About Enviro Infra Engineers

Enviro Infra Engineers is a cutting-edge EPC company delivering end-to-end solutions in the design, construction, operation, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government bodies all over India. It specializes in a wide range of services with the production of advanced WWTPs that include STPs, sewerage schemes, and CETPs. In turn, its WSSPs include water treatment plants, pumping stations, and pipelines. Most of its projects are ZLD-compliant, wherein the treated water can be reused for horticulture, industrial purposes, washing, and refrigeration.

Enviro Infra Engineers is devoted and enthusiastic about helping India achieve sustainable water management goals - current projects either receive partial funding from the Central Government through initiatives such as the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) or fully funded under the NMCG. In the rural areas, funding for water supply projects comes under Jal Jeevan Mission (JJM) with co-financing support from the states and ULBs.

The company has successfully developed 26 WWTPs and WSSPs, of which 20 have been large projects sized above 10 MLD. Until 31 December 2023, the order book stood at 21 ongoing projects worth ₹ 2,341.14 crores, underlining the footprint in the Indian water and wastewater treatment sector by Enviro Infra Engineers.

Enviro Infra Engineers Promoter(s)

Sanjay Jain, Manish Jain, Ritu Jain, Shachi Jain are the company's promoters of Enviro Infra Engineers.

Enviro Infra Engineers IPO Issue Objectives

To meet the Working Capital Requirements
Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode
Repayment/prepayment in full or in part, of certain of our outstanding borrowings
Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Enviro Infra Engineers IPO - Anchor Investors

Enviro Infra Engineers mobilises Rs 195 crore via anchor book.

Quant Mutual Fund is the biggest anchor investor, investing Rs 25 crore for 16.98 lakh shares, followed by Motilal Oswal MF which bought 13.51 lakh shares worth Rs 20 crore.

Abakkus Diversified Alpha Fund, LIC Mutual Fund, Singularity Equity Fund, Finavenue Capital Trust, Nuvama, NAV Capital VCC, Smart Horizon Opportunity Fund, and Vijit Growth Fund invested in achor book.

Enviro Infra Engineers IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Enviro Infra 23.9 23.6 37.8% 738
EMS Limited 4.74 24.4 22.9% 885
Ion Exchange 8.51 43.4 21.1% 2,548
Va Tech Wabag 5.36 40.5 13.8% 2,965
Vishnu Prakash R 4.51 27.8 23.6% 1,491

Enviro Infra Engineers IPO - Strengths and Risks

Enviro Infra Engineers IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

The company is increasing its presence in existing geographies such as Gujarat, Rajasthan, Punjab, Karnataka, Haryana, Uttar Pradesh, Madhya Pradesh and Chhattisgarh by undertaking new projects.
Enviro Infra Engineers has a diversified order book of 21 projects across India with an aggregate value of ₹ 1,906.28 crore, as of June 30, 2024.
The company claims in its RHP that it has in-house execution capabilities with timely delivery and established track record enabling consistent increase in eligibility for high value project tenders The company uses advanced technologies for constructing and installing WWTPs and WSSPs.

Risks

The company mentioned in its RHP that it relies on third parties engaged in the civil construction activities for installing its Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs). Factors upsetting the performance of their obligations could adversely affect the company’s projects.
Enviro Infra Engineers has experienced negative cash flows in the past and may continue to do so in the future.
Any increase in the prices of construction materials and labour can have an adverse effect on the company’s business.
The company’s business is exposed to implementation risks and other uncertainties which may adversely affect its business, results of operations and financial condition.

Contact Information

Contact Details

Enviro Infra Engineers

+91 11 4059 1549

cs@eiepl.in

http://www.eiel.in/

Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North West 110085

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Enviro Infra Engineers IPO is a book-built IPO worth ₹650.43 crore. The price band is ₹140–₹148 per share. The IPO opens on Nov 22, 2024 and closes on Nov 26, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The price band of Enviro Infra Engineers IPO is ₹140 to ₹148 per share.

The lot size of Enviro Infra Engineers IPO is 101 shares.

The minimum investment for Enviro Infra Engineers IPO is approximately ₹14,948 based on the upper price band .

Enviro Infra Engineers IPO opens on Nov 22, 2024 and closes on Nov 26, 2024.

The allotment date of Enviro Infra Engineers IPO is Nov 27, 2024.

Enviro Infra Engineers IPO is expected to be listed on Nov 29, 2024, on BSE and NSE .

Enviro Infra Engineers IPO listed on Nov 29, 2024. It was issued at ₹220.0(NSE) and is currently around ₹184.90 as on 5-Jun-2026 3:30 PM, which is approximately 24.9% versus issue price. The 52-week high is ₹306.40.

Based on listing and post-listing performance, Enviro Infra Engineers IPO delivered around 24.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Enviro Infra Engineers IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Enviro Infra Engineers IPO valuation snapshot: P/E 21.1, EPS 7.01, P/B 6.89, RoNW 37.83%, and market cap N/A.

To apply for Enviro Infra Engineers 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 Enviro Infra Engineers 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 Enviro Infra Engineers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Enviro Infra Engineers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Enviro Infra Engineers IPO allotment status on IPO Ji for quick and easy access.