The IPO of Enviro Infra Engineers Limited will open on November 22. Investors will be able to bid for this public issue till November 26. On November 29, the company’s shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The size of this issue is Rs 650.43 crore. The company plans to issue a total of 4,39,48,000 shares. This includes a fresh issue of 3,86,80,000 new shares, while the promoters will sell 52,68,000 shares. The face value of each share has been fixed at ₹ 10.
How much minimum and maximum money can be invested in Enviro Infra?
The company has fixed the price band from ₹ 140 to ₹ 148 per share. There will be 101 shares in one lot. Investors can bid for a minimum of 101 shares and thereafter in multiples of this number. A retail investor will need at least ₹14,948 to bid for one lot (101 shares) in the IPO of Enviro Infra Engineers.
At the same time, retail investors can apply for a maximum of 14 lots i.e. 1,414 shares. For this, investors will have to invest ₹209,272 according to the upper price band.
Will Enviro Infra use the funds
The company will use the money raised from this IPO for many important tasks. These include meeting its daily needs, investing in EIEL Mathura Infra Engineers Private Limited, and building a 60 MLD sewage treatment plant in Mathura. Along with this, the company will repay some of its old debts and invest money for general business purposes.
How has the financial performance of the company been
If we look at the financial performance of Enviro Infra Engineers Limited, the company has consistently performed well in the last three financial years. In 2022, the company’s consolidated total income was ₹225.62 crores and net profit was ₹34.55 crores.
It increased to ₹341.66 crores and ₹55.34 crores in 2023. In 2024, the company reported revenue of ₹738.00 crores and net profit of ₹108.57 crores. In the first quarter of 2025, the company reported revenue of ₹207.46 crores and net profit of ₹29.97 crores.
The company works in water and wastewater treatment plants
Enviro Infra Engineers Limited (EIEL) designs, constructs, operates, and maintains water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs). This work is mostly done for government institutions.
The company’s WWTP comprises sewage treatment plants (STP), sewerage schemes (SS), and common effluent treatment plants (CETP). In contrast, WSSP comprises water treatment plants (WTP), pumping stations, and pipelines for water supply.
