Enviro Infra Engineers Share Price Highlights: Stock settles 5.8% lower after listing at 48.6% premium

5 min read | Updated on November 29, 2024, 15:44 IST

SUMMARY

Enviro Infra Engineers Share Price Highlights: On Friday, Enviro Infra Engineers shares were listed at ₹220 apiece on the National Stock Exchange (NSE), a premium of 48.65% to the issue price of ₹148 a unit.

Established in 2009, Enviro Infra Engineers Ltd specialises in designing, constructing, and maintaining water and Wastewater treatment infrastructure.

Established in 2009, Enviro Infra Engineers Limited specialises in designing, constructing, and maintaining water and Wastewater treatment infrastructure.

Enviro Infra Engineers Share Price Live Update at 3:35 pm: Enviro Infra Engineers shares settled 5.84% lower at ₹207.16 apeice on the NSE.

Enviro Infra Engineers Share Price Live Update at 3:09 pm: Shares of Enviro Infra Engineers fall 5.59% to ₹207.7 apiece on the NSE.

Enviro Infra Engineers Share Price Live Update at 2:35 pm: Trade information

Traded volume: 516.77 lakh
Traded value: ₹1,133.02 crore
Total market capitalisation: ₹3,663.84 crore

Enviro Infra Engineers Share Price Live Update at 1:53 pm: Price information

Current price: ₹210.1 (-4.5%)
Open: ₹220
High: ₹233.7
Low: ₹206.41
Issue price: ₹148

Enviro Infra Engineers Share Price Live Update at 1:14 pm: The market capitalisation of the company stands at ₹1,072.38 crore as shares are down 3.79%.

Enviro Infra Engineers Share Price Live Update at 12:53 pm: Shares of Enviro Infra Engineers fall 3.5% to ₹212.3 a unit on the NSE.

Enviro Infra Engineers Share Price Live Update at 12:09 pm: Trade information

Traded volume: 469.46 lakh
Traded value: ₹1,033.61 crore
Total market capitalisation: ₹3,749.67 crore

Enviro Infra Engineers Share Price Live Update at 11:34 am: Price information

Current price: ₹212.25 (-3.52%)
Open: ₹220
High: ₹233.7
Low: ₹206.41
Issue price: ₹148

Enviro Infra Engineers Share Price Live Update at 11:11 am: The company's market capitalisation stands at ₹3,750.37 crore as shares declined 2.8% to ₹213.66 apiece on the NSE.

Enviro Infra Engineers Share Price Live Update at 10:50 am: Enviro Infra Engineers shares slumped 5.7% to ₹207.3 apiece on the NSE.

Enviro Infra Engineers Share Price Live Update at 10:18 am: Shares of Enviro Infra Engineers are down 0.6% at ₹218.68 apiece after listing at a 48.6% premium on the NSE.

Enviro Infra Engineers Share Price Live Update at 10:03 am: After listing at 48.6% premium, shares of Enviro Infra Engineers jumped 5% to ₹231.12 on the NSE.

Enviro Infra Engineers Share Price Live Update at 9:50 am: The stock debuted at a premium of 47.3% at ₹218 on the BSE.

Enviro Infra Engineers Share Price Live Update at 9:44 am: Enviro Infra Engineers shares were listed at ₹220 a unit on the National Stock Exchange (NSE) on Friday, a premium of 48.6% to the issue price of ₹148 apiece.

Enviro Infra Engineers IPO Listing, Share Price Live Update at 9:22 am: Risks

The company's business is working capital intensive, and insufficient cash flows can negatively affect its operations.
It relies on third-party companies for its project execution and implementation.
Surge in labour costs and construction materials prices can impact business and revenue.

Enviro Infra Engineers IPO Listing, Share Price Live Update at 8:58 am: Strengths

In-house execution capabilities
Diversified order book of 21 projects across India, valued at ₹1,906.28 crore.
Advanced technology used in the construction and installation of WWTPs or WSSPs,
Between FY22 and FY24, the company saw a CAGR increase of more than 48% in its revenue and 46.5% in its net profit.

Enviro Infra Engineers IPO Listing, Share Price Live Update at 8:44 am: Financials

Particulars	FY22	FY23	FY24	Q1 FY25
Revenue	₹223.5 crore	₹338.1 crore	₹728.9 crore	₹205.1 crore
Net Profit	₹34.5 crore	₹55.3 crore	₹108.5 crore	₹29.9 crore

Enviro Infra Engineers IPO Listing, Share Price Live Update at 8:20 am: Objective

Working capital requirements
Fund subsidiary, EIEL Mathura Infra Engineers Pvt Ltd, to build the Mathura Sewerage Scheme project
Repayment of outstanding debt
Finance the inorganic growth through unidentified acquisitions
General corporate purposes.

Enviro Infra Engineers IPO Listing, Share Price Live Update at 8:04 am: Price band

The IPO price band was set between ₹140 to ₹148 per share.

Enviro Infra Engineers IPO Listing, Share Price LIVE: Shares of Enviro Infra Engineers Limited will debut on Friday on the NSE and the BSE. The issue got a robust response during the three-day bidding period, followed by the finalisation of the Enviro Infra Engineers IPO allotment status on Wednesday.

The offer received a total subscription of 89.90 times, with bids for 2,76,83,13,747 equity shares compared to 3,07,93,600 shares on offer.

Category	Number of Times Subscription
Qualified Institutional Buyers (QIBs)	157.05
Non-institutional Investors	153.80
Retail Individual Investors (RIIs)	24.48
Total	89.90

The ₹650 crore Enviro Infra Engineers IPO was a fresh issuance of nearly 3.90 crore shares and an offer-for-sale (OFS) component of 52.68 lakh shares. The funds raised will be used for working capital requirements, clearing debt, infusing into the company's subsidiary, and general corporate purposes.

Enviro Infra Engineers IPO Listing Date: Key things to know before debut on NSE, BSE

Enviro Infra Engineers IPO: Listing date and time

Enviro Infra Engineers shares will be listed on the NSE and the BSE on Friday, November 29, at 10 am.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

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Enviro Infra Engineers Share Price Highlights: Stock settles 5.8% lower after listing at 48.6% premium

Enviro Infra Engineers IPO: Listing date and time

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