Envirotech Systems will debut on September 13. An IPO of ₹30.24 crores is planned for Envirotech Systems, an SME. Envirotech Systems’ initial public offering (IPO) pricing range is set at ₹53 to ₹56, with a market lot of 2000 shares. The well-known provider of acoustic solutions is Envirotech Systems Limited, which was founded in 2007. The company has added more equipment throughout time, including a variety of new goods and creative acoustic solutions. Their product line includes numerous items such as the Automotive Noise Test Booth, Sliding Folding Partition, Acoustic Consultancy, Commercial Architectural Acoustic, Acoustic Door, Noise Barrier, and Acoustic Enclosure.
Envirotech Systems IPO Details:
| IPO Open Date: | September 13, 2024 |
| IPO Close Date: | September 17, 2024 |
| Face Value: | ₹10 Per Share |
| IPO Price Band: | ₹53 to ₹56 Per Share |
| Issue Size: | Approx ₹30.24 Crores, 5,400,000 Shares |
| Fresh Issue: | Approx ₹30.24 Crores, 5,400,000 Shares |
| Offer for Sale: | Approx ₹30 crore by issuing 54 lakh fresh equity shares. |
| Employee Discount: | ₹0 Per Share |
| Issue Type: | Book Built Issue IPO |
| IPO Listing: | SME & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Envirotech Systems Limited IPO Market Lot:
There is a bid limit of 2000 shares, as well as multiples of that amount. The table below displays the lowest and maximum share and amount commitments made by retail investors and HNIs.
| Category | Minimum Lot Size | Shares | Application Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹112,000 |
| Retail Maximum | 1 | 2000 | ₹112,000 |
| S-HNI Minimum | 2 | 4000 | ₹224,000 |
Envirotech Systems Limited IPO Dates:
- IPO Open Date: September 13, 2024
- IPO Close Date: September 17, 2024
- Basis of Allotment: September 18, 2024
- Refunds: September 19, 2024
- Credit to Demat Account: September 19, 2024
- IPO Listing Date: September 20, 2024
Promoters of Envirotech Systems Limited
- Mr. Manoj Kumar Gupta
- Mrs. Sindhu Gupta.
About Envirotech Systems Limited
Envirotech Systems Limited is an acoustic product manufacturer. The company’s main business is measuring and controlling noise in commercial and industrial settings.In order to provide noise reduction tactics, the organization offers engineering solutions, cost-benefit analysis, and research services. Acoustic enclosures, noise test booths, engine test room acoustics, anechoic and semi-anechoic chambers, noise barriers made of metal or polycarbonate, echo barriers, acoustic louvers, and metal doors are among the products offered by the company.
Envirotech Systems Limited Financial Performance (in ₹ Crores)
| Year | Revenue | Assets | PAT |
|---|---|---|---|
| 2022 | ₹1,848.54 | ₹1,386.51 | ₹105.73 |
| 2023 | ₹2,874.78 | ₹2,275.73 | ₹257.34 |
| 2024 | ₹4,687.95 | ₹3,867.47 | ₹,142.88 |
Envirotech Systems Limited Valuation (FY2024):
- EPS: ₹8.54
- P/E Ratio: N/A (not yet listed)
- RoNW: 58.29
- NAV: ₹14.64
Peer Group
- Lakshmi Machine Works Ltd
- Tega Industries Ltd
- Azad Engineering Ltd
- Rajoo Engineers Ltd
- The Anup Engineering Ltd
Company Promoters
- Manoj kumar Gupta and
- Sinshu Gupta
Envirotech Systems Limited IPO Registrar
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Lead Managers aka Merchant Bankers
- Yes Bank Ltd.
Company Address:
Envirotech Systems Limited
A-29, Block-A, Shyam Vihar Phase-I,
New Delhi – 110043
Phone: +0120-4337633
Email: cs@envirotechltd.com
Website: https://www.envirotechltd.com/
FAQs: Envirotech Systems Limited IPO:
How big is the Envirotech Systems Ltd. IPO issue size?
Envirotech Systems Ltd.’s issue size is 302400000.
When can I find out if my order for the Envirotech Systems Ltd. IPO was placed?
When your Envirotech Systems Ltd. IPO order is placed with the exchange, you will receive a notification from us.
When does the Envirotech Systems Ltd. initial public offering (IPO) open and close?
Envirotech Systems Ltd. initial public offering (IPO) will be open between 13 Sep and 18 Sep 2024.
What are the Envirotech Systems Ltd IPO’s lot size and minimum order quantity?
The minimum order quantity is 4000, and the lot size is 2000.
When is the Envirotech Systems Ltd. IPO being allotted?
The Envirotech Systems Ltd IPO’s allotment date is 16 Sep 2024.
Where will the IPO of Envirotech Systems Ltd. be listed?
The shares are proposed to be listed on the NSE-SME.
What does the Envirotech Systems Ltd. IPO “pre-apply” mean?
You can apply for the IPO two days before to the commencement of the subscription period if you use the pre-application option.
When will my order be placed for the Envirotech Systems Ltd IPO if I pre-apply?
As soon as the IPO bidding commences, your order will be placed on the exchange. A request for an UPI will be sent to you 24 hours after the bidding period begins.