Enviro Infra IPO subscription started on Friday, November 22nd, and will close on November 26th as per the schedule. The price band is set at ₹140 to ₹ 148 per share with a face value of ₹10.
Enviro Infra IPO Subscription Status
Enviro Infra IPO Subscribed over 2.08x on its first day till 5.00 PM on 22nd November.
- Enviro Infra IPO subscription QIB investors portion is 2.04 times, while NII subscribed 2.99 times and RII investors subscribed 1.71 times.
- The company has received bids for 6,41,67,320 shares against 3,07,93,600 shares on offer on the first day of subscription.
- Enviro Infra IPO Subscribed over 2.08x on its day 1.
About Enviro Infra IPO
Enviro Infra Private Limited was established in 2009 and specializes in the development of water and wastewater treatment plants. The company constructs and builds water, sewage, and common effluent treatment plants for both government and industrial sectors, addressing critical water-related needs. Over the past seven years, the company has successfully developed 26 wastewater treatment plants and water supply and sanitation projects across India, including 20 projects with a capacity of 10 MLD or higher. Moreover, It has a good ratio of financial statements such as the revenue of 2024 is 428.25 of 9 months, it was 338.10 %,223.53%, and 124.12% in FY 2023, 2022, 2021. Further, its EBITDA was 24.16 % in the previous year.
Enviro Infra Company Financial Report
The company reported revenue of ₹338.10 crores in 2023 against ₹223.53 crore in 2022. The company reported Profit of ₹55.34 crores in 2023 against Profit of ₹34.55 crores in 2022.
Enviro Infra IPO GMP:
Enviro Infra IPO GMP was ₹35 as of Friday, November 22nd. That indicates the IPO is trading at ₹183 with ₹35 premium in the grey market against the issue price of ₹148.
