Enviro Infra Engineers IPO GMP : Dates and Details
Enviro Infra Engineers Limited (EIEL) is an emerging engineering procurement & construction (EPC) organization primarily involved in environment based infrastructure projects. Robust on sustainability, innovation and technology, the company has positioned itself strategically to be key player this side in environmental engineering. EIEL offers integrated solutions and products in water and wastewater treatment sectors, solid waste and other environmental related systems. This paper examines the history, processes, on-going projects and accomplishment, affiliations, concern for environmental sustainability, issues experienced, and potential of the organization.
Enviro Infra Engineers Pvt. Ltd. Background
Enviro Infra Engineers Limited was started with the vision of responding to the increasing environmental needs arising from rapid urban development and Industrialization. When established, the company was formed for the purpose of facilitating a balance between economic development by offering engineering solutions and the protection of the environment. EIEL’s business values are the focus on innovation, quality, personal and business integrity, and customer focus.
The formation of the company was due to the growing awareness of the environment at the international level and at the regional level. Realizing that there is a need to establish improved environmental infrastructure, EIEL became known as leaders in creating superior approaches to water treatment, waste disposal and pollution prevention.
Core Services and area of expertise
EIEL is involved in several fields in the environmental infrastructure sector it’s main business, which is to design, build, finance and manage infrastructure.
The primary areas of expertise include:
Water and wastewater treatment
The design and construction of water and wastewater treatment plants are considered the company’s core service offering. Such systems make water free from pollutants and thus can be used again in industries, farms or homes. EIEL’s capabilities include:
- Effluent Treatment Plants (ETPs): Employed in an industrial application whereby the hot convection water is required to be re-circulated to the community systems or re-circulated back into the economy in the right condition.
- Sewage Treatment Plants (STPs): Proposing solutions for the small urban and large rural focusing on decentralized and centralized models respectively.
- Zero Liquid Discharge (ZLD) Systems: Sophisticated technologies that re-use 100% of the water used and provide zero discharge of liquids.
Solid Waste Management
The company has recorded decent progress in the handling of municipal and industrial solid wastes. EIEL provides concepts for systems that would address the issue of waste segregation and recycling as well as composting and energy recovery systems. This reduces dumping at the dumpsite and is an advocacy for green economy or cyclic use economy.
Air Pollution Control
EIEL presents new technologies for emission control in industries based on which industries can fulfill the environmental requirements. These are scrubbers, bag filters and electrostatic precipitators.
Renewable energy and Resource recovery
The company has the capability of producing energy from waste by methods such as anaerobic digestion, incineration, and gasification. These kinds of projects are propitious with worldwide attempts to break the dependency upon fossil fuels.
Key achievements and Notable projects
Enviro Infra Engineers Limited has successfully executed various incredible projects which evidence its technical competency and environmental consciousness. Some notable projects include:
- Industrial scale wastewater treatment plants.
Water Treatment and Effluent Treatment Sector: EIEL has installed and commissioned a number of large capacity STP/SEP for municipalities and industrial complexes. Most of these plants have not only aided in water purification but have also fulfilled the role of recharging ‘aquifers’ in dry areas.
- Solid waste management Integrated facilities
The firm integrates plants in a way that waste is transformed into composting and recycling, recyclable goods are separated and non- recycle material is converted into power. It is argued that such facilities should perform as tools for achieving positive results in sustainable urban waste management.
- International Ventures
Besides operation in India, EIEL has carried out its activities in nearby countries or regions of the world where water shortage and water pollution are some of the acute problems. The above mentioned projects demonstrate the work of the company in relation to different regulation and environment challenges.
- Technology Partnerships
EIEL has worked with worldwide technology partners to utilize up to date technology such as membrane bioreactor (MBR) for wastewater treatment and efficient anaerobic digesters for organic waste disposal.
Enviro Infra Engineers IPO Details
Enviro Infra Engineers IPO is the book-built issue of Rs 650.43 crores. It is a package comprising a new offer of 3.87 crore equity shares at Rs. 572.46 crore and an offer of sale of 0.53 crore equity shares at Rs.77.97 crore.
Enviro Infra Engineers IPO for subscription starts from November 22, 2024 till November 26, 2024. The credit limit for the Enviro Infra Engineers IPO has to be fixed on the Wednesday the week following the application – which will be Wednesday, November 27 2024. The Enviro Infra Engineers IPO will debut on BSE and NSE; the tentative listing will occur on Friday, November 29, 2024.
Enviro Infra Engineers IPO is priced in the band of ₹ 140 to ₹ 148. An application must be for a minimum of 101 Shares. The minimum level of investment that can be apprehended by the retail investor is ₹14,948. The minimum lots for sNII are 14 lots costing ₹ 1,41,400 for 1,414 shares and of bNII are 67 lots costing ₹ 5,01,516 for 6,767 shares.
The issue also contains a 100000 shares weighted average employee option price of Rs 13 to the issue price.
Enviro Infra Engineers IPO Details
IPO Date | Nov 22, 2024 to Nov 26, 2024 |
Listing Date | Nov 29, Friday |
Face Value | ₹10 per share |
Price Band | ₹140 to ₹148 per share |
Lot Size | 101 Shares |
Total Issue Size | 43,948,000 shares (aggregating up to ₹650.43 Cr) |
Fresh Issue | 38,680,000 shares (aggregating up to ₹572.46 Cr) |
Offer for Sale | 5,268,000 shares of ₹10 (aggregating up to ₹77.97 Cr) |
Employee Discount | Rs 13 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Shareholding pre issue | 136,850,000 |
Shareholding post issue | 175,530,000 |
Enviro Infra Engineers IPO Lots Allocation
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 101 | ₹14,948 |
Retail (Max) | 13 | 1313 | ₹194,324 |
S-HNI (Min) | 14 | 1,414 | ₹209,272 |
S-HNI (Max) | 66 | 6,666 | ₹986,568 |
B-HNI (Min) | 67 | 6,767 | ₹1,001,516 |
Enviro Infra Engineers Pvt. Ltd. IPO Dates & Timeline
IPO Open Date | Friday, November 22, 2024 |
IPO Close Date | Tuesday, November 26, 2024 |
Basis of Allotment | Wednesday, November 27, 2024 |
Initiation of Refunds | Wednesday, November 27, 2024 |
Credit of Shares to Demat | Thursday, November 28, 2024 |
Listing Date | Friday, November 29, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Enviro Infra Engineers IPO GMP: Enviro Infra Engineers IPO last GMP is ₹27, last updated Nov 21st 2024 01:01 PM. With the price band of 148.00, Enviro Infra Engineers IPO’s estimated listing price is ₹175 (cap price + today’s GMP).The expected percentage gain/loss per share is 18.24%.
Conclusion
Enviro Infra Engineers Limited is one among the rare companies that can be an exemplary model in the crusade of checks and balances to environmental pollution. They say that at the heart of the company’s strategies is the rationale that shows the people of the nation and the progress of the economy as well as the protection of the natural environment can be achieved. With the issues that humanity faces today such as water shortage, decentralization of waste disposal and full-scale pollution, a company like EIEL will be an important player in determining the future outlook in the face of the current crises. Being an organization that has committed its engineering services to the standards of efficiency and sustainable development, EIEL has become much more than just an engineering company.
Also Read : How to invest in SIP for Beginners ?
FAQ'S
Where can I find the latest GMP for Enviro Infra Engineers IPO ?
You can check the latest GMP on financial news websites, IPO-focused platforms, or by consulting brokers who track grey market activities.
Why is GMP important for IPO investors ?
GMP gives a rough idea of the expected listing price and potential gains. However, it should not be the sole criterion for investment, as it does not guarantee future performance.
Is GMP legally regulated ?
No, GMP operates in an unofficial and unregulated market. It’s based on demand and supply among traders and is not overseen by SEBI or any official body.
How is GMP calculated for an IPO like Enviro Infra Engineers ?
GMP is the difference between the grey market price and the IPO issue price. For example, if the IPO issue price is ₹100, and the GMP is ₹50, the grey market price is ₹150.
Should I invest in the IPO based on its GMP ?
While GMP indicates demand, your investment decision should rely on the company’s fundamentals, financial performance, and growth prospects rather than GMP alone.