Enviro Infra Engineers Limited IPO GMP

Enviro Infra Engineers Limited ("EIEL”) is in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies.

Enviro Infra Engineers, an Book Built Issue amounting to ₹650.43 Crores, consisting an Fresh Issue of 386.80 Lakh Shares worth ₹572.33.00 Crores and an Offer for Sale of 52.68 Lakh Shares totaling to ₹77.97 Crores. The subscription period for the Enviro Infra Engineers IPO opens on November 22, 2024, and closes on November 26, 2024. The allotment is expected to be finalized on or about Wednesday, November 27, 2024, and the shares will be listed on the BSE and NSE with a tentative listing date set on or about Friday, November 29, 2024.

The Share price band of Enviro Infra Engineers IPO is set at ₹140 to ₹148 per equity share, with a minimum lot size of 101 shares. Retail investors are required to invest a minimum of ₹14,948 while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (1414 shares), amounting to ₹2,09,272. The Market Capitalisation of the Enviro Infra Engineers at IPO price of ₹148 per equity share will be ₹ 2,597.84 Crore.

Hem Securities Limited are the book-running lead manager while Bigshare Services Pvt. Limited is the registrar for the Issue. 

Enviro Infra Engineers Limited IPO GMP Today
The Grey Market Premium of Enviro Infra Engineers Limited IPO is expected to be ₹45 (30%) based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Enviro Infra Engineers Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 26 November 2024, the Enviro Infra Engineers IPO live subscription status shows that the IPO subscribed 89.90 times on its Final day of subscription period. Check the Enviro Infra Engineers IPO Live Subscription Status Today at BSE.

Enviro Infra Engineers Limited IPO Anchor Investors Report
Enviro Infra Engineers  has raised ₹194.69 Crore from Anchor Investors at a price of ₹148 per shares in consultation of the Book Running Lead Managers. The company allocated 1,31,54,400 equity shares to the Anchor Investors. Check Full list of Enviro Infra Engineers Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Enviro Infra Engineers Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Enviro Infra Engineers IPO allotment date is 27 November, 2024, Wednesday. Enviro Infra Engineers IPO Allotment will be out on 27th November, 2024 and will be live on Registrar Website from the allotment date. Check Enviro Infra Engineers Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Enviro Infra Engineers Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Enviro Infra Engineers  Limited IPO
Enviro Infra Engineers  Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹18,100.00 Lakhs will be used to to meet the Working Capital Requirements
2. ₹3,000.00 Lakhs towards Infusion of funds in company’s Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mod
3. ₹12,000.00 Lakhs for repayment/prepayment in full or in part, of certain of company’s outstanding borrowings
4. Balance for funding inorganic growth through unidentified acquisitions and general corporate purposes.

Refer to Enviro Infra Engineers IPO Limited RHP for more details about the Company.