Effwa Infra & Research IPO Details: Effwa Infra & Research Limited has announced the dates for its upcoming IPO, which will be open from July 5 to July 9. This NSE SME IPO aims to raise ₹51.27 crores, with a price band set between ₹78 to ₹82 per share and a minimum lot size of 1600 shares.
Founded in 2014, Effwa Infra & Research Limited (EIRL) specializes in engineering, consultancy, procurement, construction, and integrated project management services in the field of water pollution control. Their expertise includes sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. EIRL also offers consultancy and advisory services covering project organization, management, equipment procurement, funding, and execution, supporting the entire project lifecycle from inception and design to implementation and supervision.
EIRL is ISO 9001:2015 certified and focuses on providing comprehensive solutions for effluent and sewage treatment with recycling, water treatment, integrated municipal solid waste management, hazardous waste incineration, and bioremediation of lakes. The company also offers end-to-end project management solutions for environmental preservation, emphasizing eco-friendly waste processing practices, including Effluent Treatment Plant Management (ETP), Sewage Treatment and Reclamation (STP), Water Treatment and Distribution (WTP), and hazardous waste management.
EIRL operates both domestically and internationally, with a presence in eight Indian states—Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan—and a Special Economic Zone at Adani Port. The company’s financial performance for the fiscal years ending March 31, 2022, 2023, and 2024 reflects its extensive market reach.
Effwa Infra & Research IPO Objectives:
The Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
- Funding working capital requirements of the company;
- Funding of capital expenditure requirements of the company towards the purchase of new office Equipment; and
- General corporate purposes.
Effwa Infra & Research IPO Review (Apply or Not)
- May Apply
Effwa Infra & Research IPO Date & Price Band 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 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Effwa Infra & Research IPO Lot Size:
Effwa Infra & Research Limited’s IPO has a minimum market lot size of 1600 shares, requiring an application amount of ₹131,200.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹131,200 |
| Retail Maximum | 1 | 1600 | ₹131,200 |
| S-HNI Minimum | 2 | 3200 | ₹262,400 |
Effwa Infra & Research IPO Timeline:
Effwa Infra & Research Limited’s IPO will open on July 10 and close on July 12. The IPO allotment date is set for June 10, with the company’s shares expected to be listed on 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 & Research IPO GMP Today:
The last Grey Market Premium (GMP) for Effwa Infra and Research SME IPO is ₹70. Given the IPO’s price band of ₹78 to ₹82, the estimated listing price is approximately ₹152 (cap price of ₹82 plus today’s GMP of ₹70). This implies an expected gain of around 85.37% per share.
Effwa Infra & Research Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹104.62 | ₹98.56 | ₹4.60 |
| 2023 | ₹115.41 | ₹108.39 | ₹5.13 |
| 2024 | ₹145.51 | ₹126.70 | ₹13.80 |
Effwa Infra & Research IPO Valuation – FY2024
Check Effwa Infra & Research IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.74 per Equity Share |
| Price/Earning P/E Ratio: | [●] |
| Return on Net Worth (RoNW): | 37.15% |
| Net Asset Value (NAV): | ₹20.84 per Equity Share |
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: http://www.bigshareonline.com/ipo_status.html
Effwa Infra & Research IPO Allotment Status
Check Effwa Infra & Research IPO allotment status on Bigshare website URL. Click Here
Effwa Infra & Research IPO Lead Managers aka 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: https://www.effwa.co.in/
Effwa Infra & Research IPO FAQs
What are the IPO opening and closing dates?
- The Effwa Infra & Research IPO will open on July 10 and close on July 12, 2024.
2. What is the price band for the IPO?
- The price band for the Effwa Infra & Research IPO is set between ₹78 and ₹82 per share.
3. What is the minimum market lot size for the IPO?
- The minimum market lot size is 1600 shares.
4. What is the application amount required for the minimum lot?
- The application amount for the minimum lot of 1600 shares is ₹131,200.
5. When is the IPO allotment date?
- The IPO allotment date is June 10, 2024.
6. When is the expected listing date for the shares?
- The shares are expected to be listed on June 15, 2024.
7. What is the last reported Grey Market Premium (GMP) for the IPO?
- The last reported GMP for Effwa Infra & Research IPO is ₹70, as of July 3, 2024, at 6:26 PM.
8. What is the estimated listing price of the IPO?
- Based on the GMP of ₹70 and the cap price of ₹82, the estimated listing price is approximately ₹152 per share.
9. What is the expected percentage gain per share?
- The expected percentage gain per share is around 85.37%.
10. What is Effwa Infra & Research Limited’s business focus?
- Effwa Infra & Research Limited specializes in engineering, consultancy, procurement, construction, and integrated project management services in water pollution control. Their services include sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants.
11. Is Effwa Infra & Research Limited ISO certified?
- Yes, Effwa Infra & Research Limited is ISO 9001:2015 certified.
12. In which markets does the company operate?
- Effwa Infra & Research Limited operates both in domestic and international markets, including eight Indian states—Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan—and a Special Economic Zone at Adani Port.
13. What services does Effwa Infra & Research Limited offer?
- The company offers comprehensive solutions for effluent and sewage treatment with recycling, water treatment, integrated municipal solid waste management, hazardous waste incineration, and bioremediation of lakes. They also provide end-to-end project management solutions for environmental preservation.
