Envirotech Systems Ltd
Price Range
₹53 - ₹56
Min. Quantity
2,000
Closes on
19 September 2024
Min. investment
₹1,12,000/2,000 Shares
Envirotech Systems Ltd IPO Timeline
Envirotech Systems Limited was originally incorporated as 'Envirotech Gensets Private Limited' as a Private Limited Company vide Certificate dated February 09, 2007, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Through Special Resolution, the Company name changed to 'Envirotech Systems Private Limited' vide fresh Certificate of Incorporation dated June 10, 2009 issued by the Registrar of Companies to the Company. Thereafter, Company got converted from a Private Limited to Public Limited and the name changed to Envirotech Systems Limited' through fresh Certificate of Incorporation, which was issued to Company by the Registrar of Companies, NCT of Delhi and Haryana dated June 3, 2022.
| Event | Date |
|---|---|
| Envirotech Systems Ltd IPO Opening Date | 13 September 2024 |
| Envirotech Systems Ltd IPO Closing Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refunds | 23 September 2024 |
| Credit of Shares to Demat | 23 September 2024 |
| Envirotech Systems Ltd IPO Listing Date | 24 September 2024 |
Envirotech Systems Ltd IPO Details
| Envirotech Systems Ltd IPO Date | 13 September 2024 to 19 September 2024 |
| Envirotech Systems Ltd IPO Face Value | ₹10 per share |
| Envirotech Systems Ltd IPO Price | ₹53 to ₹56 per share |
| Envirotech Systems Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.24 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.24 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Manoj Kumar Gupta, Sindhu Gupta |
Envirotech Systems Ltd IPO Lot Size
The Envirotech Systems Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,12,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,12,000 |
| Maximum | 1 | 2,000 | ₹1,12,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Quality Assurance of its Services.
- Established relationship with existing client.
- Scalable Business Model.
Company Financials
Envirotech Systems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 38.67 | 46.88 | 11.43 |
| 03-2023 | 22.76 | 28.75 | 2.57 |
| 03-2022 | 13.87 | 18.5 | 1.06 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase Land and Building for setting up factory
- Funding of working capital requirements
- General corporate expenses
Envirotech Systems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 68.32% |
| Post Issue Share Holding | 48.68% |
Envirotech Systems Ltd IPO Subscription Status (Bidding Detail)
The Envirotech Systems Ltd IPO is subscribed 75.7311 times on 19 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 75.7311 |
Envirotech Systems Ltd IPO Prospectus
Envirotech Systems Ltd IPO Listing Date
| Listing Date | 24 September 2024 |
| BSE Script | 93018 |
| NSE Symbol | ENVIRO |
| Listing In | NSE - SME |
| ISIN | INE0SUH01015 |
| IPO Price | ₹56 |
| Face Value | ₹10 |
Company Contact Information
A 29 Block AShyam Vihar Phase I,Delhi-110043
Phone: 0120-433 7633/433 7439
Email: cs@envirotechltd.com
Website: www.envirotechltd.com
Envirotech Systems Ltd IPO Registrar
Envirotech Systems Ltd IPO Lead Manager(s)
- Share India Capital Services Pvt Ltd
FAQ
What is the issue size of Envirotech Systems Ltd IPO?
I have pre-applied for Envirotech Systems Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.