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Enviro Infra Engineers IPO; Must-Read GMP Updates You Need to Know, Find Out More!

Enviro Infra Engineers IPO offers shares at ₹140 to ₹148, with a Grey Market Premium of ₹32. The subscription runs from November 22 to November 26, 2024.
Enviro Infra Engineers IPO opens Nov 22-26, priced at ₹140-₹148, with no Grey Market Premium observed.
Enviro Infra Engineers IPO opens Nov 22-26, priced at ₹140-₹148, with no Grey Market Premium observed.

Enviro Infra Engineers IPO has a ₹32 Grey Market Value(GMP) as of November 21, 2024 with shares priced between ₹140 to ₹148. The IPO subscription window is set from November 22 to November 26, 2024.

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Enviro Infra Engineers Ltd IPO GMP Today

The Grey Market Premium (GMP) for Enviro Infra Engineers IPO is ₹32 as of November 21, 2024. This assessment coincides with a price from ₹140 to ₹148 per share for the IPO.

Enviro Infra Engineers Ltd IPO Review

Enviro Infra Engineers Limited, as of June 30, 2024, reported total assets of ₹812.87 crore and revenue of ₹207.46 crore. Profit After Tax (PAT) stood at ₹30.78 crore, showcasing solid financial performance. The company’s net worth reached ₹323 crore, reflecting strong business fundamentals.

Reserves and surplus grew to ₹186.29 crore, while total borrowings increased to ₹305.59 crore, indicating reliance on debt for operational or expansion needs. These figures highlight the company’s growth trajectory and financial resilience in maintaining robust revenue and profitability while managing higher liabilities.

To get a full IPO review, click here Enviro Infra Engineers IPO

Enviro Infra Engineers Ltd IPO Date

Enviro Infra Engineers Ltd will start accepting subscriptions from November 22 to November 26, 2024.

Enviro Infra Engineers Ltd IPO Price

Enviro Infra Engineers Ltd price range is from ₹140 to ₹148 per share with a face value of ₹10 each.

Enviro Infra Engineers Ltd

Enviro Infra Engineers specialises in designing, constructing, operating, and maintaining Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government bodies. Supported by Central Government schemes, it has completed 28 projects in seven years. As of June 30, 2024, its order book stands at ₹1,90,628.06 lakhs.

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How To Apply For Enviro Infra Engineers Ltd IPO?

To apply for the Enviro Infra Engineers Ltd IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Enviro Infra Engineers Ltd on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Enviro Infra Engineers Ltd IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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