Envirotech Systems Limited IPO
NSE SMEListed On: Sep 24, 2024 at ₹ 106.4
₹ 224000 /4000 Shares
*Min Investment
13 Sep, 2024
Open Date19 Sep, 2024
Close Date20 Sep, 2024
Allotment Date24 Sep, 2024
Listing DateEnvirotech Systems IPO Issue Details
- Issue Price ₹53-56 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 54,00,000 shares(aggregating up to ₹30.24 crore)
- Fresh Share 54,00,000 shares(aggregating up to ₹30.24 crore)
- Listing at NSE SME
- List Price 106.4
- Listing Date 2024-09-24
- Lead Manager Share India Capital Services Private Limited
- Registrar Bigshare Services Pvt Ltd
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 Reservation
Envirotech Systems IPO offers total 54,00,000 shares. Out of which 9,40,000 (17.41%) allocated to QIB, 7,06,000 (13.07%) allocated to NII,16,46,000 (30.48%) allocated to RII, NA (NA%) allocated to employees and 14,06,000 (26.04%) allocated to 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 Details
Envirotech Systems Limited IPO is an SME IPO, priced at ₹53-56 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 54,00,000 equity shares, aggregating up to ₹30.24 crores..
The IPO bidding window is open from Sep 13, 2024 to Sep 19, 2024. The allotment is expected to be finalized on Sep 20, 2024, and the tentative listing date is Sep 24, 2024.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,12,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,24,000.
Share India Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Share India Securities Limited will act as the market maker for this issue.
Envirotech Systems IPO Subscription Analysis And Details
| 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
Envirotech Systems Company Financials
| 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 |
About Envirotech Systems Company
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
Pre Issue Share Holding : 96.48%
Post Issue Share Holding : 68.75%
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 Details
Envirotech Systems
A-29, Block-A, Shyam Vihar Phase-I, New Delhi - 110043
+91 0120-4337633
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Envirotech Systems IPO - FAQs
Ans. Envirotech Systems Limited IPO is a SME IPO. The issue is priced at ₹53-56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 13, 2024, and closes on Sep 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Envirotech Systems Limited IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Envirotech Systems Limited IPO is 5,400,000 shares(aggregating up to ₹30.24 Cr).
Ans. The Envirotech Systems Limited IPO price band is set between ₹53-56 per equity share.
Ans. To apply for Envirotech Systems Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Envirotech Systems 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 Envirotech Systems Limited IPO is Sep 20, 2024.
Ans. The Envirotech Systems Limited IPO will be listed on Sep 24, 2024.
Ans. Follow the steps to check the Envirotech Systems Limited IPO allotment status online.
