Enviro Infra Engineers Limited IPO: A Comprehensive Overview

Enviro Infra Engineers Limited, a leading name in wastewater treatment solutions, has launched its IPO under the SME category, garnering significant attention from investors. Specializing in designing, engineering, construction, and operation of wastewater treatment plants, the company is poised to make a mark in the burgeoning environmental engineering sector.

Here’s a detailed look at the Enviro Infra Engineers Limited IPO, including its strengths, financial performance, and key investment considerations.

Enviro Infra Engineers Limited IPO Details

The IPO is a fresh issue of equity shares worth ₹ 42.72 crore, available from November 15, 2024, to November 20, 2024. Priced between ₹ 150 to ₹ 160 per share, the offering targets listing on NSE SME, providing investors with an opportunity to be part of the expanding wastewater treatment industry.

Key details include:

• IPO Issue Type: Book Built Issue

• Face Value: ₹ 10 per share

• Lot Size: 800 shares

• Listing Exchange: NSE SME

• Fresh Issue Size: ₹ 42.72 crore

Investors can bid for a minimum of one lot, requiring ₹ 120,000 at the upper price band. The allotment will be finalized on November 25, 2024, and the listing is expected on November 29, 2024.

Company Overview

Enviro Infra Engineers Limited, established in 2007, has cemented its reputation as a trusted provider of wastewater management solutions. With a portfolio encompassing effluent treatment plants, sewage treatment facilities, and waste-to-energy projects, the company addresses critical environmental challenges. Its solutions cater to municipal corporations, industrial units, and public sector entities, emphasizing efficiency and sustainability.

Strengths of Enviro Infra Engineers Limited

1. Established Expertise: Over 15 years of experience in wastewater management and environmental engineering.

2. Diverse Client Base: The company works with municipalities, industrial clients, and public-sector undertakings.

3. Sustainability Focus: Contributing to India’s environmental goals through innovative and sustainable wastewater solutions.

4. Strong Financial Growth: A consistent increase in revenue and profit margins, highlighting robust operational efficiency.

Financial Performance

The company has shown impressive growth in recent years. For FY2024, Enviro Infra Engineers Limited reported:

• Total Revenue: ₹ 88.56 crore

• Profit After Tax (PAT): ₹ 9.42 crore

• Net Worth: ₹ 47.13 crore

The steady financial growth reflects the company’s ability to execute large-scale projects efficiently and meet industry demands.

IPO Objectives

The proceeds from the IPO will be used to:

1. Expand the company’s operational capabilities.

2. Enhance working capital requirements.

3. Invest in advanced technology for wastewater treatment.

4. General corporate purposes.

Risks and Considerations

• Dependence on Government Contracts: A significant portion of revenue comes from government projects, which may be subject to policy changes or delays.

• Competition: Operating in a competitive landscape with established players in wastewater management.

• Sector-Specific Risks: Economic downturns or environmental policy shifts could impact project execution and demand.

Why Invest in Enviro Infra Engineers Limited IPO?

Investors seeking exposure to the environmental engineering sector may find this IPO attractive due to the company’s robust financials, established market presence, and alignment with India’s sustainability goals. The IPO offers an opportunity to invest in a company at the forefront of addressing critical environmental challenges.

Conclusion

Enviro Infra Engineers Limited IPO presents an exciting investment opportunity in the environmental engineering sector, backed by strong financial performance and a proven track record in wastewater management. As India continues to focus on sustainability and infrastructure development, the company is well-positioned to capitalize on these trends. While risks such as reliance on government contracts and competition exist, its innovative approach and growth prospects make it a worthwhile consideration for long-term investors.

For detailed insights and expert guidance on IPO investments, check out Finowings Training Academy—your trusted partner in understanding market dynamics and making informed financial decisions. Don’t forget to open your Demat account and apply for this IPO before the closing date!