Enviro Infra Engineers Limited

Lot Size
1 Lot = 101 Qty
Min Investment
₹14948
Subscription
Oversubscribed
Listing Gain
49(Points)

IPO Details

Open Date
Nov 22, 2024
Close Date
Nov 26, 2024
Allotment Date
Nov 27, 2024
Allotment Date
Nov 27, 2024
Refund Initiation
Nov 27, 2024
Demat Transfer
Nov 28, 2024
Listing Date
Nov 29, 2024
Fresh Issue
572.46
Offer For Sale
77.97
Issue Price
₹140 to ₹148
Face Value
₹10
Issue Type
Fresh Issue
Total Issue Size
650.43 CR
QIB + NII Quota
50 + 15%
Retail Quota
35%
Listing On
NSE & BSE
Registrar
Bigshare Services Pvt Ltd
Check Allotment Status

Company Financial Rusult In Crore

PERIOD ASSET REVENUE PROFIT
30-Jun-2024 812.87 207.46 30.78
31-Mar-2024 761.19 738.00 110.54
31-Mar-2023 347.58 341.66 54.98
31-Mar-2022 148.27 225.62 34.55
DRHP DRAFT

About The Company

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 the 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 - Strength and Weakness

Strength

  1. 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.
  2. 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.
  3. 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.

Weakness

  1. The company mentioned in its RHP that it relies on third parties engaged in 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.
  2. Enviro Infra Engineers has experienced negative cash flows in the past and may continue to do so in the future.
  3. Any increase in the prices of construction materials and labor can have an adverse effect on the company’s business.
  4. The companys business is exposed to implementation risks and other uncertainties which may adversely affect its business, results of operations and financial condition.

 

 

 

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