Envirotech Systems IPO Details
| IPO Size | 30.24 |
| Price Range | ₹53 - ₹56 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹112000 |
| Pre IPO Promotor Holding | 96.48% |
| Post IPO Promotor Holding | 68.75% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Envirotech Systems IPO Timelines
13/09/2024
Start Date17/09/2024
End Date19/09/2024
Refund Initiation19/09/2024
Credit of Shares to Demat Ac20/09/2024
Listing DateEnvirotech Systems IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹112000 |
| Retail Maximum | 1 | 2000 | ₹112000 |
| HNI Minimum | 2 | 4000 | ₹224000 |
Envirotech Systems IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 68.12x | 188.14x | 64.16x | -- | 91.88x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹106.40 | ₹111.70 | ₹111.70 | ₹106.40 |
Envirotech Systems IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹18.50 | ₹17.06 | ₹1.06 |
| FY 2023 | ₹28.75 | ₹25.22 | ₹2.57 |
| FY 2024 | ₹46.88 | ₹31.28 | ₹11.43 |
About Company
Founded in 2007, Envirotech Systems Limited provides solutions to control and measure noise for various industrial and commercial needs. They design and supply custom enclosures to reduce noise from machinery and equipment, suitable for both indoor and outdoor use.
Their products include noise test booths, engine test room acoustics, anechoic and semi-anechoic chambers, acoustic enclosures, noise barriers, and metal doors.
Envirotech serves clients across India and has worked with industries like oil and gas, manufacturing, power generation, cement, steel, automotive, and construction. The company has over 98 employees.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2007 | Acoustic Products | Manoj Gupta |
Know Before Investing
Envirotech Systems IPO Strengths
- Envirotech Systems operates in the specialized field of noise measurement and control, which is essential for many industrial and commercial sectors. Their expertise and custom solutions cater to a specific market demand, potentially offering a competitive edge.
- The company has successfully completed projects in a variety of industries, including oil and gas, manufacturing, power generation, and more. This diversified client base can provide stability and reduce dependence on any single industry.
- Founded in 2007, Envirotech Systems has a history of delivering successful projects. Their experience and established reputation can enhance investor confidence in their capabilities and market position.
Envirotech Systems IPO Risks
- The company’s revenue is tied to industries that can be sensitive to economic fluctuations. Economic downturns or reduced industrial activity in sectors like construction or manufacturing could impact their business performance.
- Noise control solutions are subject to various environmental regulations and standards. Changes in regulations or compliance requirements could increase operational costs or affect project timelines.
- The market for noise control solutions is competitive, with potential competition from both established players and new entrants. Increased competition could pressure pricing and affect profitability.
Swot Analysis for Envirotech Systems IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Envirotech Systems Limited
A-29,Block A ,
Shyam Vihar Phase-I,
New Delhi,Delhi-110 043
India
Website: https://www.envirotechltd.com/
Phone: +0120-4337633
Email: [email protected]
IPO Registar Details
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]
FAQs
The key objectives of Envirotech Systems IPO are:
- Purchase Land and Building for setting up factory
- Funding of working capital requirements of the Company
- General Corporate Expenses
- Issue Expenses
- Share India Capital Services Private Limited
are the book-running lead managers for the Envirotech Systems IPO.