The much-anticipated allotment of Enviro Infra Engineers IPO shares is acceptable to beryllium finalized today, November 27, 2024. Investors who participated successful the IPO tin expect notifications regarding the presumption of their bids by tomorrow, November 28, via SMS, email, oregon alerts, arsenic funds get debited oregon IPO mandates are revoked.
Key details of the IPO
Enviro Infra Engineers offered its shares successful a terms set of Rs 140-148 per share, with a minimum batch size of 101 shares. Open for bidding from November 22 to November 26, the institution aimed to rise Rs 650.30 crore, which included a caller contented of Rs 572.46 crore and an offer-for-sale (OFS) of 52.68 lakh equity shares.
The IPO garnered an overwhelming response, oversubscribed 89.90 times overall:
- QIBs: 157.05 times
- NIIs: 153.80 times
- Employees: 37.77 times
- Retail investors: 24.48 times
How to cheque Enviro Infra Engineers IPO allotment status
Investors tin cheque their allotment presumption done 2 platforms:
1. Bombay Stock Exchange (BSE):
- Visit BSE IPO Allotment Status.
- Select Equity nether the contented type.
- Choose Enviro Infra Engineers Limited from the dropdown.
- Enter your exertion fig and PAN.
- Complete the CAPTCHA and deed Submit.
2. Bigshare Services Limited:
- Visit Bigshare IPO Portal.
- Select Enviro Infra Engineers Limited from the dropdown (if finalized).
- Choose a hunt option: Application number/CAF No, Beneficiary ID, oregon PAN ID.
- Enter the applicable details and CAPTCHA, past click Search.
About the company
Founded successful 2009, Enviro Infra Engineers specializes successful designing and maintaining water and wastewater attraction plants (WWTPs) and related infrastructure for authorities agencies. Its diversified and robust bid book, experienced promoters, and accordant execution person earned affirmative reviews from brokerages.
While the financials and maturation outlook stay strong, imaginable risks see reliance connected authorities contracts, capital-intensive operations, and expanding competition.