Envirotech Systems IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Engineering sector. Share India Capital Services Private is the merchant banker of Envirotech Systems IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th April 2024.
Envirotech Systems IPO open date is 13th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.Envirotech Systems IPO size is Rs 30.24 Cr. crores with IPO price of Rs 56.00 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.
Share India Capital Services Private Limited is the book-running lead manager of the Envirotech Systems IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Share India Securities Limited for Envirotech Systems IPO.
Envirotech Systems IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
---|---|---|---|
LRSD Securities Private | 612,000.00 | ₹56.00 | ₹34,272,000.00 |
Rajasthan Global Securities | 614,000.00 | ₹56.00 | ₹34,384,000.00 |
Abundantia Capital VCC | 180,000.00 | ₹56.00 | ₹10,080,000.00 |
Envirotech Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Envirotech Systems IPO, based in New Delhi, operates in the Engineering sector with a focus on noise measurement and control solutions for industrial and commercial application. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Envirotech Systems IPO size is ₹ 30.24 Cr. Crores with fresh issue size of Rs 30.24 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Envirotech Systems IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Envirotech Systems IPO allotment status on the registrars website, Bigshare Services Private Limited. Envirotech Systems IPO refund dates are 23rd September 2024.
Envirotech Systems IPO is expected to be listed on 24th September 2024.
The upper price band for the Envirotech Systems IPO is set at ₹ 56.00 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 Envirotech Systems 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 Envirotech Systems 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 19th September 2024. After submission, funds are blocked until the basis of allotment of Envirotech Systems IPO is finalised.
The merchant banker for Envirotech Systems IPO is Share India Capital Services Private Limited . Share India Capital Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Envirotech Systems IPO RHP for further details.
The registrar for Envirotech Systems 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 Envirotech Systems IPO through their official website or helpline.
Envirotech Systems IPO was subscribed 91.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Envirotech Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Envirotech Systems Financial Review Page
Merchant Banker(s) of Envirotech Systems IPO: Share India Capital Services Private Limited
Envirotech Systems IPO subscription was 91.67 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.
Envirotech Systems IPO listed at a listing price of 111.70 against the offer price of 56.00.
The current market price of Envirotech Systems is 107.00.
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