The Effwa Infra and Research IPO date is set. The IPO will open on July 5 and close on July 9. Effwa Infra & Research is launching an NSE SME IPO to raise ₹51.27 crores. The IPO price band is set between ₹78 and ₹82, with a market lot of 1600 shares.
Effwa Infra and Research Limited, founded in 2014, is a company specializing in engineering, consultancy, procurement, construction, and integrated project management services. Their focus areas include water pollution control, sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. Additionally, they offer consultancy and advisory services, covering project organization, management, equipment procurement, funding, and project execution. Their expertise encompasses the entire project lifecycle, from registration and design to implementation, supervision, and finalizing contract terms.
The company operates in both domestic and international markets, spanning eight states and a Special Economic Zone. These regions include Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan. The Special Economic Zone includes Adani Port. The sales data for these regions is based on the financial years ending on March 31, 2024, 2023, and 2022.
Effwa Infra & Research Limited (EIRL) is ISO 9001:2015 certified, specializing in Engineering, Procurement, Construction, Commissioning, and Operation & Maintenance services for effluent and sewage treatment, recycling, water treatment, integrated municipal solid waste management, hazardous waste incineration, and lake bioremediation. EIRL offers comprehensive project management solutions for environmental preservation, focusing on environmentally friendly waste processing practices, including Effluent Treatment Plant Management (ETP), Sewage Treatment and Reclamation (STP), Water Treatment and Distribution (WTP), and hazardous waste management..
Objectives of the Issue:
Funding the company’s working capital requirements.
Financing capital expenditures for the purchase of new office equipment.
General corporate purposes.
Effwa Infra and Research IPO Review
To be updated soon.
Effwa Infra and Research IPO Details
| IPO Open: | July 5, 2024 |
| IPO Close: | July 9, 2024 |
| IPO Size: | Approx ₹51.27 Crores, 6,252,800 Equity Shares |
| Fresh Issue: | Approx ₹43.60 Crores, 5,316,800 Equity Shares |
| Offer for Sale: | Approx ₹7.68 Crores, 936,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹78 to ₹82 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Effwa Infra and Research IPO Lot Size
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The table below outlines the minimum and maximum investment for retail investors and HNIs, in terms of shares and amount
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹ 1,31,200 |
| Retail (Max) | 1 | 1600 | ₹ 1,31,200 |
| HNI (Min) | 2 | 3,200 | ₹ 2,62,400 |
Effwa Infra and Research IPO Dates
The Effwa Infra & Research IPO will open on July 10 and close on July 12. The allotment date is set for June 10, with the potential listing date being June 15.
| IPO Open Date: | July 5, 2024 |
| IPO Close Date: | July 9, 2024 |
| Basis of Allotment: | July 10, 2024 |
| Refunds: | July 11, 2024 |
| Credit to Demat Account: | July 11, 2024 |
| IPO Listing Date: | July 12, 2024 |
Effwa Infra and Research Limited Financials
Between the financial years ending March 31, 2023, and March 31, 2024, Effwa Infra & Research Limited’s revenue increased by 26.08%, and profit after tax (PAT) rose by 169%.
| Amount in ₹ Lakhs | |||
| Period Ended | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 8,302.83 | 6,478.54 | 4,648.21 |
| Revenue | 14,551.46 | 11,541.36 | 10,461.67 |
| Profit After Tax | 1,380.06 | 513.04 | 459.99 |
| Net Worth | 3,715.05 | 2,355.89 | 1,842.85 |
| Reserves and Surplus | 1,932.01 | 2,123.32 | 1,610.28 |
| Total Borrowing | 1,406.44 | 1,623.01 | 1,026.11 |
Key Performance Indicator
The market capitalization of Effwa Infra & Research IPO is ₹189.81 crore.
| KPI | Values |
| ROE | 45.46% |
| ROCE | 40.99% |
| Debt/Equity | 0.38 |
| RoNW | 37.15% |
| P/BV | 3.93 |
| PAT Margin (%) | 9.51 |
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Peer Group:
- VA Tech Wabag Limited
- EMS Limited
Company Promoters:
Dr. Varsha Subhash Kamal
Mr. Subhash Ramavtar Kamal
Effwa Infra & Research IPO Registrar:
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: Bigshare Services IPO Status
Effwa Infra & Research IPO Allotment Status:
Check Effwa Infra & Research IPO allotment status on the Bigshare website.
Effwa Infra & Research IPO Lead Managers (Merchant Bankers):
Shreni Shares Limited
Company Address:
Effwa Infra & Research Limited
G. No. 7, Vardhman Industrial Complex,
Lal Bahadur Shastri Marg, Gokul Nagar,
Thane West, Thane – 400601
Phone: +91 9833850052
Email: investor@effwa.co.in
Website: Effwa Infra & Research
Effwa Infra & Research IPO FAQs:
What is Effwa Infra & Research IPO?
Effwa Infra & Research IPO is an NSE SME IPO. They are raising ₹51.27 Crores via IPO. The issue price is ₹78 to ₹82 per equity share. The IPO will be listed on NSE.
When will Effwa Infra & Research IPO open?
The IPO will open on July 5, 2024, for QIBs, NIIs, and Retail Investors.
What is the investors’ portion for Effwa Infra & Research IPO?
QIBs have 50%, NIIs have 15%, and Retail investors have 35%.
How to apply for Effwa Infra & Research IPO?
You can apply for Effwa Infra & Research IPO via ASBA online through your bank account or via UPI through your stock brokers. Offline applications can also be made through your stock brokers by filling out the offline form.
