Envirotech Systems IPO

Envirotech Systems is an NSE SME IPO listed on the NSE SME platform, priced at ₹53–₹56 per share. The stock debuted at ₹106.4, delivering a listing gain of 90.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,12,000.

Envirotech Systems Limited IPO

NSE SME Listed
₹1,12,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 13, 2024 – Sep 19, 2024
Price band
₹53-56 per equity share
Minimum Investment
₹1,12,000
Issue size
₹30.24 Cr
Lot size
2000
Allotment Date
Sep 20, 2024
Listing
Sep 24, 2024
Listing At
NSE SME

IPO timeline

  1. Sep 13, 2024

    Open Date

    Completed

  2. Sep 19, 2024

    Close Date

    Completed

  3. Sep 20, 2024

    Allotment Date

    Completed

  4. Sep 24, 2024

    Listing Date

    Completed

Envirotech Systems IPO Essentials

Envirotech Systems IPO Details

Envirotech Systems IPO is priced at ₹53-56 per share with a total issue size of 30.24 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹53-56 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
5,400,000 shares(aggregating up to ₹30.24 Cr)
Total issue size
54,00,000 shares
(aggregating up to ₹30.24 crore)
Fresh issue
54,00,000 shares
(aggregating up to ₹30.24 crore)
Listing at
NSE SME
List price
106.4
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Share India Capital Services Private Limited

Market Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹1,12,000
Retail(max) 1 2000 ₹1,12,000
NII (min) 2 4,000 ₹2,24,000

Envirotech Systems IPO Documents

Envirotech Systems IPO Reservation

Envirotech Systems IPO reservation details show category-wise allocation of shares. Out of the total 54,00,000 shares, approximately 17.41% are reserved for QIB, 13.07% for NII, 30.48% for retail investors, 13% for market maker, and 26.04% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 14,06,000 (26.04%)
Market Maker Shares Offered 7,02,000 (13%)
QIB Shares Offered 9,40,000 (17.41%)
NII (HNI) Shares Offered 7,06,000 (13.07%)
Retail Shares Offered 16,46,000 (30.48%)
Total Shares Offered 54,00,000 (100%)

Envirotech Systems IPO Analytics

Envirotech Systems IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Envirotech Systems IPO Subscription Status

Envirotech Systems 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 940,000 / 706,000 1,646,000 3,292,000
Day 1 13-09-24 06:00 PM
(0.00 / 2.33) x 4.43 x 2.71 x
Day 2 16-09-24 06:00 PM
(0.00 / 3.12) x 11.38 x 6.36 x
Day 3 17-09-24 06:00 PM
(3.07 / 8.17) x 23.38 x 14.32 x
Day 4 18-09-24 06:00 PM
(3.07 / 12.05) x 32.94 x 19.93 x
Day 5 19-09-24 06:00 PM
(68.12 / 188.14) x 64.16 x 91.88 x

Envirotech Systems Valuations

Earnings

EPS Pre IPO
₹8.54/-
EPS Post IPO
₹6.08/-
P/E Pre IPO
6.56
P/E Post IPO
9.21

Returns

ROE
58.29%
ROCE
62.43%
RoNW
58.29%
PAT Margin
24.72

Fundamentals

Price / Book
3.83

Data sourced from DRHP / RHP • For educational purposes only

Envirotech Systems Financials( In Lakhs)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 3,867.47 2,275.73 1,386.51
Revenue 4,687.95 2,874.78 1,849.54
Profit After Tax 1,142.88 257.34 105.73
Net Worth 1,960.62 661.73 404.4
Reserves & Surplus 621.62 611.73 354.4
Total Borrowing 240.5 260.67 276.61

Envirotech Systems Company & Offer Insights

About Envirotech Systems

Envirotech Systems Limited has been in business since 2007, manufacturing noise measurement and control solutions for industrial and commercial applications.

Envirotech Systems is a company that specializes in the design and supply of custom enclosures for noise reduction in machinery and mechanical equipment, both indoor and outdoor. The product list of the company includes Noise Test Booth, Engine Test Room Acoustics, Anechoic & Semi-anechoic Chamber, Acoustic Enclosure, Envirotech Noise Barriers, Poly Carbonate Noise Barriers, Metallic Noise Barrier, Echo Barrier, Acoustic Louvers, And Envirotech Metal Doors.

The company services all over India and has a portfolio full of successful projects in the oil and gas industry, manufacturing, power generation, cement and steel, and automotive and construction companies.

The company currently has more than 98 employees.

Envirotech Systems Promoter(s)

Mr. Manoj Kumar Gupta, Mrs. Sindhu Gupta are the company's promoters of Envirotech Systems.

Envirotech Systems IPO Issue Objectives

Purchase Land and Building for setting up factory
Funding of working capital requirements of the Company
General Corporate Expenses
Issue Expenses

Contact Information

Contact Details

Envirotech Systems

+91 0120-4337633

cs@envirotechltd.com

https://www.envirotechltd.com/

A-29, Block-A, Shyam Vihar Phase-I, New Delhi - 110043

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

Envirotech Systems IPO is a book-built IPO worth ₹30.24 crore. The price band is ₹53–₹56 per share. The IPO opens on Sep 13, 2024 and closes on Sep 19, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Envirotech Systems IPO is ₹53 to ₹56 per share.

The lot size of Envirotech Systems IPO is 2000 shares.

The minimum investment for Envirotech Systems IPO is approximately ₹1,12,000 based on the upper price band .

Envirotech Systems IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.

The allotment date of Envirotech Systems IPO is Sep 20, 2024.

Envirotech Systems IPO is expected to be listed on Sep 24, 2024, on NSE SME Platform.

Envirotech Systems IPO valuation snapshot: P/E 9.21, EPS ₹6.08/-, P/B 3.83, RoNW 58.29%, and market cap N/A.

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

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