Enviro Infra Engineers ltd IPO
About Enviro Infra Engineers
Founded in 2009,Enviro infra engineers is involved in the design, construction, operation, and maintenance of water and wastewater treatment facilities as well as water supply scheme projects for government entities. The company's project include sewage treatment plants, sewage scheme and common effluent treatment plants within the waste water treatment sector. For water supply schemes, the company's services extend to water treatment plants, along with the installation of pumping of pumping stations and pipeline laying to ensure efficient water distribution.
Enviro infra engineers bids in tenders floated by state governments and urban local bodies to develop water and wastewater treatment projects, either through engineering, procurement and construction or hybrid annuity model contracts. The company often executes these projects independently but also forms joint ventures with other infrastructure and construction firms to bid on and complete the projects.
Financial of Enviro Infra Engineers IPO
Face value 10rs per share
Price band 140rs to 148rs per share
Lot size 101 shares
Total issue size 650.43cr
Fresh issue 572.45cr
Offer for sale 77.97cr
Employee Discount Rs 13 per share
On 31 March 2022
Assets = 148.27 cr
Revenue= 225.62cr
Profit after tax = 34.55cr
Net worth = 71.62cr
Reserves and surplus= 69.31cr
Total borrowing = 18.11cr
On 31 March 2023
Assets = 347.58cr
Revenue= 341.66cr
Profit after tax = 54.98cr
Net worth = 126.51cr
Reserves and surplus= 101.11cr
Total borrowing = 64.54cr
On 30 June 2024
Assets = 812.87cr
Revenue = 207.46cr
Profit after tax = 30.78cr
Net worth = 323cr
Reserves and surplus = 186.29cr
Total borrowing = 305.59cr
Enviro Infra Engineers IPO
Assets are continuously increasing but revenue decrease on 30 June 2024 and profit after tax is not more and net worth is ok and reserves and surplus countinue increase and total borrowing increases year by year.