
Industrials · NSE / BSE
Enviro Infra Engineers Limited, founded in 2009, is engaged in designing, constructing, operating, and maintaining Water and Waste-Water Treatment Plants (WWTPs) and Water Supply Projects (WSSPs) for government agencies across India. The company builds STPs, CETPs, Sewerage Schemes, WTPs, pumping stations, and pipelines, mainly through EPC and HAM tender-based projects floated by state governments and Urban Local Bodies. With an in-house team of 180 engineers, supported by external experts, Enviro Infra Engineers has completed 28 WWTP and WSSP projects in the last seven years, including 22 major projects of 10 MLD or above, as of June 30, 2024.
Price Band
₹140 – ₹148
Issue Size
₹650 Cr
Lot Size
101 shares
GMP
+38.5%
Est. Listing
₹205
at current GMP
Subscribed
89.90x
overall
Open
22 Nov 2024
Close
26 Nov 2024
Allotment
27 Nov 2024
Refund
28 Nov 2024
Demat Credit
29 Nov 2024
Listing
29 Nov 2024
Overall Subscription
89.90x
Total Demand
QIB Multiplier
31.07x
Institutions & Funds
NII / HNI
129.89x
High Net-Worth
Retail (RII)
20.23x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 8,769,600 | 272,471,472 | 31.07x |
| Non-Institutional (NII / HNI) | 6,577,200 | 854,312,508 | 129.89x |
| Retail Individual (RII) | 15,346,800 | 310,465,764 | 20.23x |
| Employee Quota | 10,000 | 315,500 | 31.55x |
| Total | 30,703,600 | 1,437,565,244 | 89.90x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 151,949 | 3,720,050 | 24.48x |
| HNIs(10L +) | 3,101 | 551,871 | 177.97x |
| HNIs (2-10L) | 1,550 | 163,534 | 105.51x |
| Total Applications | 156,600 | 4,435,455 | 28.32x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Enviro Infra Engineers Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹650.43 Crores. The shares are offered at a price band of ₹140 to ₹148 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 101 shares (approx. ₹14,948 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-11-29, while un-allotted funds or UPI block mandates will be released on 2024-11-28.
The latest Grey Market Premium (GMP) for Enviro Infra Engineers Limited IPO is ₹57 per equity share. Based on the upper price band of ₹140 to ₹148 per equity share, the estimated listing price is ₹205 (+38.5% expected listing gain).
With a lot size of 101 shares and current GMP of ₹57, the expected profit per application lot is approx ₹5,757 (+38.5% gain). Minimum application cost is approx ₹14,948.
The Enviro Infra Engineers Limited IPO aggregate issue size is ₹650.43 Crores with an equity price band set at ₹140 to ₹148 per equity share. The retail lot size is 101 shares requiring a minimum capital outlay of approx. ₹14,948.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 89.90x (Retail: 20.23x, QIB: 31.07x, NII: 129.89x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-11-27. Investors can verify status using PAN card or application number.
Enviro Infra Engineers Limited shares are scheduled to list on NSE and BSE on 2024-11-29.