Effwa Infra & Research IPO - AstroIPO

Effwa Infra & Research IPO


July 2, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Effwa Infra & Research Ltd., an engineering and construction company in the infrastructure sector, is launching its Initial Public Offering (IPO) from July 5 to July 9, 2024. The company aims to raise between Rs. 35.13 crore and Rs. 36.93 crore through this book-building issue.

The IPO price band is set at Rs. 78 to Rs. 82 per share, with a face value of Rs. 10. Effwa Infra & Research is offering 45.04 lakh shares, and the minimum application size is 1600 shares. The maximum retail subscription allowed is Rs. 5,00,000.

After the IPO closes, Effwa Infra & Research’s shares are slated to list on the National Stock Exchange (NSE) on July 12, 2024.

This offering gives a chance to add an infrastructure company to one’s holdings. As India continues to focus on infrastructure development, companies like Effwa Infra & Research could benefit from increased project opportunities.

Effwa Infra & Research IPO Details

IPO Size 51.27
Price Range ₹78 - ₹82
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount ₹90 per share (0.56% Reserve)
Listing at NSE
Minimum Quantity 1600 shares
Investment (cut-off price) ₹131,200
Pre IPO Promotor Holding 99.99%
Post IPO Promotor Holding 72.99%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Effwa Infra & Research IPO Timelines

05/07/2024
Start Date
09/07/2024
End Date
10/07/2024
Allotment Date View Status
11/07/2024
Refund Initiation
11/07/2024
Credit of Shares to Demat Ac
12/07/2024
Listing Date

Effwa Infra & Research IPO Lot Size

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 Subscription Status

QIB NII Retail EMP Total
166.56 x 477.63 x 323.81 x -- 313.73 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹155.80 ₹163.55 ₹163.55 ₹155.80

Effwa Infra & Research IPO Company Financials

Year Total Income Total Expense PAT
2022 ₹104.62 ₹98.56 ₹4.60
2023 ₹115.41 ₹108.39 ₹5.13
2024 ₹145.51 ₹126.70 ₹13.80

About Company

Established in 2014, Effwa Infra & Research Limited offers a range of services related to water pollution control, including engineering, consulting, procurement, construction, and integrated project management. These services encompass solid waste treatment and disposal, aeration systems, hazardous waste management, wastewater and industrial effluent treatment, and water treatment plants.

The business also provides consulting and expert services for project organization, management, procurement, finance, and execution. Assuring ecologically safe waste processing procedures is the main goal. This includes managing hazardous waste management, sewage treatment and remediation, water treatment and distribution, and effluent treatment plants (ETP).

Incorporation Date Sector Managing Director
2014 Infrastructure Varsha Kamal

Know Before Investing

Effwa Infra & Research IPO Strengths

  • Established a track record for prompt implementation.
  • Complete water solution supplier.
  • We have in-house competence in developing and engineering water management infrastructure projects.
  • Their outsourcing methodology has resulted in lower project investments and capital expenditures.
  • Experienced Promoter and Management Team.
  • Advanced technologies are used in building and installation.

Effwa Infra & Research IPO Risks

  • Delays in completion of its current and future projects and time overrun could have adverse effects.
  • Majority of its revenue comes from a limited number of clients.
  • Depends on various third parties, including its contractors and independent service provider.
  • Certain outstanding litigation

Swot Analysis for Effwa Infra & Research IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Effwa Infra & Research Limited

G. No. 7, Vardhman Industrial Complex,
Lal Bahadur Shastri Marg, Gokul Nagar,
Thane West, Thane – 400601

Phone: + 91 9833850052

Email: [email protected]

Website: https://www.effwa.co.in/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: [email protected]

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Effwa Infra & Research IPO are:

  • Funding working capital requirements of their company.
  • Funding of capital expenditure requirements of their company towards purchase of office Equipments.
  • General corporate purposes.

Shreni Shares Pvt Ltd. is the book-running lead managers for the Effwa Infra & Research IPO.

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