Enviro Infra Engineers IPO Details, Financials, Valuation & Peers
Explore Enviro Infra Engineers IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Enviro Infra Engineers Limited specializes in designing, constructing, operating, and maintaining Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities and bodies across India. Their projects, including Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs), utilize advanced processes like Zero Liquid Discharge (ZLD) for sustainability. The company also focuses on Water Treatment Plants (WTPs) and related infrastructure under government-backed initiatives like AMRUT, NMCG, and Jal Jeevan Mission (JJM). With a robust in-house team of engineers and a track record of delivering 28 WWTPs and WSSPs, the company combines technical expertise with a focus on sustainable solutions, such as integrating solar power and compressed biogas (CBG) plants.
Key Points:
- Core Business
- Specialized in Water and Wastewater Treatment Plants WWTPs (STPs, CETPs, SS) and WSSPs (WTPs, pipelines, pumping stations).
- Expertise in Zero Liquid Discharge (ZLD) compliant processes.
- Focus on sustainable development with renewable energy integrations like solar and CBG.
- Government Collaboration
- Executes projects under central and state government schemes, including AMRUT, NMCG, and JJM.
- Extensive experience working with Urban Local Bodies (ULBs) and State Governments.
- Operational Strengths
- Completed 28 WWTPs and WSSPs in seven years, with 22 projects exceeding 10 MLD capacity.
- Current order book of 21 projects valued at ₹1,906.28 crore.
- Self-reliant operations with an in-house team of 180 engineers supported by third-party consultants.
- Joint Ventures
- Partners with other infrastructure companies to enhance technical and financial capabilities.
- Currently executing five projects in collaboration with joint venture partners.
- Sustainability Initiatives
- Installed solar power plants for captive use and grid supply.
- Developing Compressed Bio Gas (CBG) plants at projects in Jodhpur and Jaipur.
- Seven ongoing projects classified as "Projects contributing to Sustainable Development."
- Comprehensive Services
- End-to-end project lifecycle management, including design, procurement, construction, commissioning, and post-commissioning operations and maintenance.
Objects of the Issue
- To meet the Working Capital Requirements;
- Infusion of funds in the 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 Mode.
- Repayment/prepayment in full or in part, of certain of the outstanding borrowings;
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 22 Nov - 26 Nov 2024 |
| IPO Price Band | ₹140 - ₹148 per share |
| Fresh Issue | 3,86,80,000 shares (₹572.46 crore) |
| Offer For Sale | 52,68,000 shares (₹77.97 crore) |
| Total IPO Size | ₹650.43 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 22 Nov 2024 |
| IPO Closing Date | 26 Nov 2024 |
| Basis Of Allotment | 27 Nov 2024 |
| Refunds | 28 Nov 2024 |
| Demat Transfer | 28 Nov 2024 |
| IPO Listing Date | 29 Nov 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 225.62 | 341.66 | 738.00 | 207.46 |
| Total Expenses | 179.55 | 267.07 | 588.19 | 164.34 |
| Net Profit/Loss | 11.52 | 19.25 | 41.24 | 13.15 |
| NPM (*) | 15.46 | 16.26 | 15.17 | 15.00 |
| Total Assets | 148.27 | 347.58 | 761.19 | 812.87 |
| Total Liabilities | 76.63 | 220.70 | 470.60 | 492.25 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | 2.70 | 4.29 | 8.13 | 2.25 |
| ROE (%) | 63.58 | 55.50 | 51.68 | 10.07 |
| ROCE (%) | 56.16 | 43.33 | 32.34 | 8.24 |
| D/E Ratio | 0.25 | 0.51 | 0.80 | 0.95 |
| Current Ratio | 1.67 | 1.45 | 1.54 | 1.72 |
| EBITDA MARGIN (%) | 22.38 | 24.16 | 23.23 | 24.99 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Enviro Infra Engineers Limited | 728.92 | 18.20 | 8.13 | 37.83 | 21.48 |
| EMS Limited | 793.31 | 25.92 | 29.38 | 19.09 | 143.73 |
| ION Exchange Limited | 2,347.85 | 38.68 | 16.53 | 19.23 | 69.40 |
| Va Tech Wabag Limited | 2,856.40 | 43.90 | 39.49 | 13.50 | 292.43 |
| Vishnu Prakash R Punglia Limited | 1,473.87 | 25.31 | 10.95 | 16.95 | 57.85 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not less than 50% |
| Non-Institutional Investor (NII/HNI) | Not more than 15% |
| Retail Individual Investor (RII) | Not more than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 157.05 |
| Non-Institutional Investor (NII/HNI) | 153.8 |
| Retail Individual Investor (RII) | 24.48 |
| Total | 89.9 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- SANJAY JAIN
- MANISH JAIN
- RITU JAIN
- SHACHI JAIN
Lead Managers
- Hem Securities Limited
Company Address
Enviro Infra Engineers Limited
Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North West 110085, India
Phone: +91 11 4059 1549
Email: cs@eiepl.in
Website: www.eiel.in
FAQs
- What is the issue size of the Enviro Infra Engineers IPO?The Enviro Infra Engineers IPO has an issue size of ₹650.43 crore. This includes a fresh issue of 3,86,80,000 shares (₹572.46 crore) and an offer for sale (OFS) of 52,68,000 shares (₹77.97 crore).
- What is the price band of the Enviro Infra Engineers IPO?The price band for the Enviro Infra Engineers IPO is ₹140 - ₹148 per share.
- What are the bidding dates for the Enviro Infra Engineers IPO?The Enviro Infra Engineers IPO will open for bidding on 22 Nov 2024 and close on 26 Nov 2024.
- What is the allotment date for the Enviro Infra Engineers IPO?The allotment date for the Enviro Infra Engineers IPO is 27 Nov 2024.
- What is the minimum lot size and investment required for the Enviro Infra Engineers IPO?The minimum lot size for the Enviro Infra Engineers IPO is 101 shares and the minimum investment required is ₹14,948.
- What is the listing date for the Enviro Infra Engineers IPO?The listing date for the Enviro Infra Engineers IPO is 29 Nov 2024.
- What is the Enviro Infra Engineers IPO grey market premium?The grey market premium (GMP) for the Enviro Infra Engineers IPO is currently at ₹57, with an expected listing gain of approximately 38.51%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.