Enviro Infra Engineers Ltd, founded in 2009, designs, builds, and maintains water and wastewater projects. It has completed over 28 projects since 2017.
The IPO will open for subscription on November 22, 2024, and close on November 26, 2024.
The total issue size is ₹650.43 crore, comprising a fresh issue of 3.87 crore shares worth ₹572.46 crore and an offer for sale of 0.53 crore shares worth ₹77.97 crore.
The price band is set at ₹140 to ₹148 per share, with a minimum investment of ₹14,948 for a lot of 101 shares.
The company will use IPO proceeds to fund working capital, invest an ongoing project, repay borrowings, and support acquisitions and general corporate purposes.
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