Envirotech Systems IPO Date, Review, Price, Allotment Details

Envirotech Systems IPO open date is September 13, 2024 and the IPO will close on September 19, 2024. Envirotech Systems IPO is a Book Built Issue. The company to raise around ₹30.24 crores via IPO that comprises fresh issue of ₹30.24 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Envirotech Systems IPO price band is ₹53 to ₹56 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Envirotech Systems IPO to list on NSE on September 24, 2024. The allotment of Envirotech Systems IPO date is September 20, 2024.

The company reported revenue of ₹46.88 crores in 2024 against ₹28.75 crore in 2023. The company reported profit of ₹11.43 crores in 2024 against profit of ₹2.57 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Envirotech Systems IPO

Envirotech Systems IPO Details

IPO Open Date:September 13, 2024
IPO Close Date:September 19, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹53 to ₹56 Per Share
Issue Size:Approx ₹30.24 Crores
Fresh Issue:Approx ₹30.24 Crores
Offer for Sale:NA
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Envirotech Systems IPO IPO Market Lot

The Envirotech Systems IPO minimum market lot is 2000 shares with ₹112,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹112,000
Retail Maximum12000₹112,000
HNI Minimum24000₹224,000

Envirotech Systems IPO Dates

The Envirotech Systems IPO date is September 13 and the close date is September 19. The Envirotech Systems IPO allotment will be finalized on September 20 and the IPO listing on September 24.

IPO Open Date:September 13, 2024
IPO Close Date:September 19, 2024
Basis of Allotment:September 20, 2024
Refunds:September 23, 2024
Credit to Demat Account:September 23, 2024
IPO Listing Date:September 24, 2024

Promoters of Envirotech Systems IPO

The promoters of the company are Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta.

About Envirotech Systems IPO

Envirotech Systems Limited was established in 2007 and is a well-known company that provides acoustic solutions. Over time the company has expanded machineries to include many new products and innovative solutions for acoustic solutions. They provide many products like Automotive Noise Test Booth, Sliding Folding Partition, Commercial Architectural Acoustic, Acoustic Consultancy, Acoustic Door, Noise Barrier, and Acoustic Enclosure. The company is using modern technologies and equipment and their factory has a workspace area covering over 21520 sq. ft. for different purposes. With over 98 employees and a network of technical experts, they offer cost-effective solutions for various acoustical challenges in various markets. The company has provided noise control solutions for many industrial sectors like cement, oil & gas, and steel and power generation.

Envirotech Systems IPO Company Financial Report

The company reported revenue of ₹46.88 crores in 2024 against ₹28.75 crores in 2023. The company reported a profit of ₹11.43 crores in 2024 against a profit of ₹2.57 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹18.50₹17.06₹1.06₹13.87
2023₹28.75₹25.22₹2.57₹22.76
2024₹46.88₹31.28₹11.43₹38.67

Envirotech Systems IPO Valuation – FY2024

Check Envirotech Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:58.29%
ROCE:62.43%
EBITDA Margin:35.90%
PAT Margin:24.72%
Debt to equity ratio:0.46
Earning Per Share (EPS):₹128.41 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):58.29%
Net Asset Value (NAV):₹220.29

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANA– Cr.
NANANANANA– Cr.

Objects of the Issue

  • Purchase Land and Building for setting up factory
  • Funding of working capital requirements of the Company
  • General Corporate Expenses
  • Issue Expenses

Envirotech Systems IPO Review

  • IPO Watch – May Apply
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  • IDBI Capital –
  • Marwadi Shares –
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  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Envirotech Systems IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited

Company Address

Envirotech Systems IPO Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Phone: +0120-4337633
Email: [email protected]
Website: https://www.envirotechltd.com/

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO?

Envirotech Systems IPO is a SME IPO. The company is going to raise ₹30.24 Crores via IPO. The issue is priced at ₹53 to ₹56 pr equity share. The IPO is to be listed on NSE.

When Envirotech Systems IPO will open for subscription?

The IPO is to open on September 13, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 19, 2024.

What is Envirotech Systems IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Envirotech Systems IPO?

You can apply for Envirotech Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Envirotech Systems IPO Issue Size?

Envirotech Systems IPO issue size is ₹30.24 crores.

What is Envirotech Systems IPO Price Band?

Envirotech Systems IPO Price Band is ₹53 to ₹56.

What is Envirotech Systems IPO Lot Size?

The minimum bid is 2000 Shares with ₹112,000 amount.

What is the Envirotech Systems IPO Allotment Date?

Envirotech Systems IPO allotment date is September 20, 2024.

What is the Envirotech Systems IPO Listing Date?

Envirotech Systems IPO listing date is September 24, 2024. The IPO is to list on NSE.

Note: The Envirotech Systems IPO price band and date are officially announced. The (Envirotech Systems IPO grey market premium) will be added to the IPO GMP page as it will start).
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