Enviro Infra Engineers IPO receives bid worth over ₹40,000 crore, issue booked 89.9 times; check allotment and listing date

Enviro Infra Engineers IPO was subscribed nearly 90 times on the last day of subscription on Tuesday, November 26.

The mainboard issue received bids for more than 276.83 crore shares against the 3.07 crore shares on offer, leading to an overall subscription of 89.9 times.

The subscription window for Enviro Infra Engineers IPO opened on Friday, November 22. Investors who have applied for the mainboard issue are waiting for the company to finalise the allotment status of the issue.

Enviro Infra Engineers IPO share allotment status is likely to be finalised on Wednesday, November 27.

Enviro Infra Engineers IPO share allotment status can be checked on the official website of the registrar Bigshare Services Pvt Ltd. The share allotment status of Enviro Infra Engineers IPO can also be checked on the BSE and NSE websites.

• Visit the NSE IPO allotment status page at www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Enter your username and password (New users will need to register and create a login id to proceed)
• Choose ‘Enviro Infra Engineers Limited’ from the drop-down menu
• Enter PAN details
• Enter the IPO application Number
• Click the ‘I am not a Robot’ checkbox
• Click the ‘Submit’ button

Alternatively, investors can check Enviro Infra Engineers IPO share allotment status on the BSE website using their PAN details and IPO application number.

• Go to the official website of Bigshare Services: https://ipo.bigshareonline.com/IPO_Status.html
• Choose 'Enviro Infra Engineers’ from the dropdown menu for company names
• Select any one of the following options— Application Number, Beneficiary ID or PAN— and enter the details to verify
• Enter the captcha
• Click the search button to check the share allotment status.

Enviro Infra Engineers IPO subscription details

Enviro Infra Engineers IPO’s retail portion was subscribed 24.4 times as investors placed bids for over 37.5 crore shares against the 1.53 crore shares set aside for the category.

Non-Institutional Investors (NIIs) placed bids for over 101.15 crore shares against the 65.77 lakh shares set aside for the category, leading to a subscription of 153.8 times.

Qualified Institutional Buyers (QIBs) booked their quota 157.05 times. The QIBs applied for more than 137.72 crore shares against 87.69 lakh shares reserved for them. Company employees subscribed their quota 37.77 as they applied for over 37.76 lakh shares compared to the 1 lakh shares set aside for them.

Enviro Infra Engineers IPO listing date

After finalising the share allotment status, the company will initiate refunds for the unsuccessful bidders on Wednesday, November 27. Successful bidders will receive shares of Enviro Infra Engineers Limited in their demat accounts on Thursday, November 28. Shares of Enviro Infra Engineers will be listed on the NSE and BSE. The company’s shares are likely to make their debut on Friday, November 29.

Enviro Infra Engineers IPO Details

Enviro Infra Engineers IPO, worth ₹650.43 crore, consisted of a fresh issuance of 3.87 crore shares, amounting to ₹572.46 crore, and an offer-for-sale (OFS) portion of 53 lakh shares, aggregating to ₹77.97 crore.

The IPO price band was set at ₹140 to ₹148 per share. The minimum application size for retail investors was 1 lot or 101 shares, aggregating to an investment of ₹14,948.

About Enviro Infra Engineers Limited

Enviro Infra Engineers Limited was established in 2009. The company designs, constructs, operates and maintains Waste-Water Treatment Plants (WWTPs) and Water Supply Projects (WSSPs).