IPO

Envirotech Systems Limited IPO

NSE SME

Listed On: Sep 24, 2024 at ₹ 106.4

₹ 112000 /2000 Shares

Check Allotment
Envirotech Systems IPO Details

13 Sep, 2024

Open Date

19 Sep, 2024

Close Date

20 Sep, 2024

Allotment Date

24 Sep, 2024

Listing Date

Issue Price

₹53-56 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

106.4

Listing Date

2024-09-24

Market Lot

2000 Shares (₹112,000/-)

Lead Manager

Share India Capital Services Private Limited

Issue Size

5,400,000 shares(aggregating up to ₹30.24 Cr)

Retail Portion

35%

Subscription

91.88 times

IPO Docs

DRHP RHP

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.

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Envirotech Systems IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved940,000 / 706,0001,646,0003,292,000
Day 1 - 13-09-24 06:00 PM0.00 / 2.33 x4.43 x2.71 x
Day 2 - 16-09-24 06:00 PM0.00 / 3.12 x11.38 x6.36 x
Day 3 - 17-09-24 06:00 PM3.07 / 8.17 x23.38 x14.32 x
Day 4 - 18-09-24 06:00 PM3.07 / 12.05 x32.94 x19.93 x
Day 5 - 19-09-24 06:00 PM68.12 / 188.14 x64.16 x91.88 x
Total No. of Applications: 52,807 (Approx)

Envirotech Systems Valuations

EPS Pre IPO

₹8.54/-

EPS Post IPO

₹6.08/-

P/E Pre IPO

6.56

P/E Post IPO

9.21

ROE

58.29%

ROCE

62.43%

RoNW

58.29%

PAT Margin

24.72

Price to Book Value

3.83

Envirotech Systems Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets3,867.472,275.731,386.51
Revenue4,687.952,874.781,849.54
Profit After Tax1,142.88257.34105.73
Net Worth1,960.62661.73404.4
Reserves & Surplus621.62611.73354.4
Total Borrowing240.5260.67276.61

About The 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.

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Envirotech Systems - Promoter(s)

Pre Issue Share Holding: 96.48%

Post Issue Share Holding: 68.75%

Company Promoter(s)
  1. Mr. Manoj Kumar Gupta
  2. Mrs. Sindhu Gupta

Envirotech Systems IPO - Issue Objectives

  1. Purchase Land and Building for setting up factory
  2. Funding of working capital requirements of the Company
  3. General Corporate Expenses
  4. Issue Expenses

Other Details

Company Contact Details

Envirotech Systems

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

Phone: +91 0120-4337633

Email: cs@envirotechltd.com

Website: https://www.envirotechltd.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

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

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. The size of Envirotech Systems Limited IPO is 5,400,000 shares(aggregating up to ₹30.24 Cr).

Ans. The IPO price band is set between ₹53-56 per equity share.

Ans. To apply for Envirotech Systems Limited IPO 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 allotment status for Envirotech Systems Limited IPO here.