Envirotech Systems IPO Details: Envirotech Systems is set to launch its IPO on September 13, 2024, with the subscription period closing on September 17, 2024. This IPO is a Book Built Issue, aiming to raise approximately ₹30.24 crores. The offering consists of a fresh issue amounting to ₹30.24 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The IPO price band is set between ₹53 and ₹56 per share, with allocation quotas of 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The shares are expected to be listed on the NSE on September 20, 2024, and the allotment date is scheduled for September 18, 2024.
Envirotech Systems has shown strong financial performance, with a revenue of ₹46.88 crores in 2024 compared to ₹28.75 crores
Envirotech Systems IPO Objectives:
The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:
- Purchase Land and Building for setting up factory
- Funding of working capital requirements of the Company
- General Corporate Expenses
- Issue Expenses
Envirotech Systems IPO Review (Apply or Not)
- Update soon
Envirotech Systems IPO Date & Price Band Details:
| IPO Open Date: | September 13, 2024 |
| IPO Close Date: | September 17, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹53 to ₹56 Per Share |
| Issue Size: | Approx ₹30.24 Crores |
| Fresh Issue: | Approx ₹30.24 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Envirotech Systems IPO Lot Size:
The minimum lot size for the Envirotech Systems IPO is 2,000 shares, requiring a minimum application amount of ₹112,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹112,000 |
| Retail Maximum | 1 | 2000 | ₹112,000 |
| HNI Minimum | 2 | 4000 | ₹224,000 |
Envirotech Systems IPO Timeline:
The Envirotech Systems IPO will open for subscription on September 13 and close on September 17. The allotment of shares will be finalized on September 18, with the IPO scheduled to list on the stock exchange on September 20.
| IPO Open Date: | September 13, 2024 |
| IPO Close Date: | September 17, 2024 |
| Basis of Allotment: | September 18, 2024 |
| Refunds: | September 19, 2024 |
| Credit to Demat Account: | September 19, 2024 |
| IPO Listing Date: | September 20, 2024 |
Envirotech Systems IPO GMP Today:
Envirotech Systems SME IPO last GMP is ₹0, last updated Sep 8th 2024 07:00 PM. With the price band of 56.00, Envirotech Systems SME IPO’s estimated listing price is ₹56 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.
Promoters of Envirotech Systems IPO
The promoters of Envirotech Systems Limited are Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta.
About Envirotech Systems Limited
Founded in 2007, Envirotech Systems Limited is a reputable provider of acoustic solutions, known for its diverse range of innovative products and services. The company has continually expanded its offerings to include various acoustic solutions such as Automotive Noise Test Booths, Sliding Folding Partitions, Commercial Architectural Acoustics, Acoustic Consultancy, Acoustic Doors, Noise Barriers, and Acoustic Enclosures. Leveraging modern technologies and equipment, the company operates from a factory space of over 21,520 sq. ft., catering to different aspects of its operations.
With a team of over 98 employees and a network of technical experts, Envirotech Systems provides cost-effective solutions to address acoustical challenges across multiple sectors. The company has delivered noise control solutions to a variety of industries, including cement, oil & gas, steel, and power generation, demonstrating its expertise in managing diverse industrial noise control needs.
Envirotech Systems IPO Company Financial Report
The company reported revenue of ₹46.88 crores in 2024 against ₹28.75 crores in 2023. The company reported a profit of ₹11.43 crores in 2024 against a profit of ₹2.57 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹18.50 | ₹17.06 | ₹1.06 | ₹13.87 |
| 2023 | ₹28.75 | ₹25.22 | ₹2.57 | ₹22.76 |
| 2024 | ₹46.88 | ₹31.28 | ₹11.43 | ₹38.67 |
Envirotech Systems IPO Valuation – FY2024
Check Envirotech Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 58.29% |
| ROCE: | 62.43% |
| EBITDA Margin: | 35.90% |
| PAT Margin: | 24.72% |
| Debt to equity ratio: | 0.46 |
| Earning Per Share (EPS): | ₹128.41 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 58.29% |
| Net Asset Value (NAV): | ₹220.29 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Envirotech Systems IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
Envirotech Systems IPO Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Phone: +0120-4337633
Email: cs@envirotechltd.com
Website: https://www.envirotechltd.com/
Envirotech Systems IPO FAQs
1. What are the Envirotech Systems IPO opening and closing dates?
The Envirotech Systems IPO will open for subscription on September 13, 2024, and close on September 17, 2024.
2. What is the price band for the Envirotech Systems IPO?
The price band for the Envirotech Systems IPO is set between ₹53 and ₹56 per share.
3. What is the lot size for the Envirotech Systems IPO?
The minimum market lot size for the Envirotech Systems IPO is 2,000 shares. Investors must apply for a minimum of one lot, which requires an application amount of ₹112,000.
4. What is the issue size of the Envirotech Systems IPO?
The Envirotech Systems IPO aims to raise approximately ₹30.24 crores. This includes a fresh issue of ₹30.24 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
5. What is the quota allocation for different investor categories in the Envirotech Systems IPO?
The IPO allocation is divided into 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI).
6. When will the Envirotech Systems IPO allotment be finalized?
The allotment of shares for the Envirotech Systems IPO is expected to be finalized on September 18, 2024.
7. When is the listing date for the Envirotech Systems IPO?
The Envirotech Systems IPO shares are scheduled to be listed on the NSE on September 20, 2024.
8. Who are the promoters of Envirotech Systems Limited?
The promoters of Envirotech Systems Limited are Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta.
9. What does Envirotech Systems Limited do?
Envirotech Systems Limited, established in 2007, specializes in providing a wide range of acoustic solutions, including products like Automotive Noise Test Booths, Sliding Folding Partitions, Commercial Architectural Acoustics, Acoustic Consultancy, Acoustic Doors, Noise Barriers, and Acoustic Enclosures.
10. How has Envirotech Systems performed financially in recent years?
Envirotech Systems reported a revenue of ₹46.88 crores in 2024, up from ₹28.75 crores in 2023. The company also reported a profit of ₹11.43 crores in 2024, compared to ₹2.57 crores in 2023.
11. What are the benefits of investing in the Envirotech Systems IPO?
Based on the company’s strong financial growth and its diverse portfolio of innovative acoustic solutions, the Envirotech Systems IPO could be a promising investment for long-term investors. However, potential investors should consider their financial goals and conduct thorough research before making any investment decisions.
