Effwa Infra and Research IPO Date, Review, Price, Allotment Details

Effwa Infra and Research IPO

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.

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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

ApplicationLotsSharesAmount
Retail (Min)11600₹ 1,31,200
Retail (Max)11600₹ 1,31,200
HNI (Min)23,200₹ 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 Ended31-Mar-2431-Mar-2331-Mar-22
Assets8,302.836,478.544,648.21
Revenue14,551.4611,541.3610,461.67
Profit After Tax1,380.06513.04459.99
Net Worth3,715.052,355.891,842.85
Reserves and Surplus1,932.012,123.321,610.28
Total Borrowing1,406.441,623.011,026.11

Key Performance Indicator

The market capitalization of Effwa Infra & Research IPO is ₹189.81 crore.

KPIValues
ROE45.46%
ROCE40.99%
Debt/Equity0.38
RoNW37.15%
P/BV3.93
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.

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