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Effwa Infra & Research IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Engineering - EPC sector. Shreni Shares is the merchant banker of Effwa Infra & Research IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th May 2024.
Effwa Infra & Research IPO open date is 5th July 2024 and close date is 9th July 2024. IPO Allotment Date is 10th July 2024 and Listing date is 12th July 2024.
IPO
Size:
₹51.27
Cr.
Avg IPO Size (Sector Based)
: ₹
31.62 cr.
Sector: Engineering - EPC
SME IPO so far:
20
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹
145.51
cr 
PE
Ratio:
13.75x
Average Sector PE Ratio: 13.10x
Effwa Infra & Research IPO size is Rs 51.27 Cr. crores with IPO price of Rs 82.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Effwa Infra & Research IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Effwa Infra & Research IPO.
Effwa Infra & Research IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Craft Emerging Market | 249,600.00 | ₹82.00 | ₹20,467,200.00 |
| Beacon Stone Capital | 249,600.00 | ₹82.00 | ₹20,467,200.00 |
| Nav Capital Vcc | 249,600.00 | ₹82.00 | ₹20,467,200.00 |
| Saint Capital Fund | 150,400.00 | ₹82.00 | ₹12,332,800.00 |
| Bengal Finance and | 244,800.00 | ₹82.00 | ₹20,073,600.00 |
| Next Orbit Ventures | 481,600.00 | ₹82.00 | ₹39,491,200.00 |
| Ashika Global Securities | 123,200.00 | ₹82.00 | ₹10,102,400.00 |
Effwa Infra & Research IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Effwa Infra & Research IPO, based in Mumbai, operates in the Engineering - EPC sector with a focus on Engineering EPC. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Effwa Infra & Research IPO size is ₹ 51.27 Cr. Crores with fresh issue size of Rs 51.27 Cr. Crores and Offer for sale being 51.27..
The IPO allotment date for Effwa Infra & Research IPO is expected to be 10th July 2024, after the finalization of basis of allotment. Investors can check Effwa Infra & Research IPO allotment status on the registrars website, Bigshare Services Private Limited. Effwa Infra & Research IPO refund dates are 11th July 2024.
Effwa Infra & Research IPO is expected to be listed on 12th July 2024.
The upper price band for the Effwa Infra & Research IPO is set at ₹ 82.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Effwa Infra & Research IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Effwa Infra & Research IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th July 2024. After submission, funds are blocked until the basis of allotment of Effwa Infra & Research IPO is finalised.
The merchant banker for Effwa Infra & Research IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Effwa Infra & Research IPO RHP for further details.
The registrar for Effwa Infra & Research IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Effwa Infra & Research IPO through their official website or helpline.
Effwa Infra & Research IPO was subscribed 313.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Effwa Infra & Research IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Effwa Infra & Research Financial Review Page
Merchant Banker(s) of Effwa Infra & Research IPO: Shreni Shares Limited
Effwa Infra & Research IPO subscription was 313.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Effwa Infra & Research IPO listed at a listing price of 163.55 against the offer price of 82.00.
The current market price of Effwa Infra & Research is 239.95.
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