IPO

Effwa Infra & Research Limited IPO

NSE SME

Listed On: Jul 12, 2024 at ₹ 155.8

₹ 131200 /1600 Shares

Check Allotment

Effwa Infra & Research Limited IPO Details

05 Jul, 2024

Open Date

09 Jul, 2024

Close Date

10 Jul, 2024

Allotment Date

12 Jul, 2024

Listing Date

Issue Price

₹78-82 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

155.8

Listing Date

2024-07-12

Market Lot

1600 Shares (₹131,200/-)

Lead Manager

Shreni Shares Limited

Issue Size

6,252,800 shares(aggregating up to ₹51.27 Cr)

Retail Portion

35%

Subscription

313.73 times

IPO Docs

DRHP RHP

Effwa Infra & Research Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,168,000 / 920,0002,091,2004,179,200
Day 1 - 05-07-24 06:00 PM0.00 / 10.66 x30.03 x17.37 x
Day 2 - 08-07-24 06:00 PM0.36 / 42.36 x90.96 x54.94 x
Day 3 - 09-07-24 06:00 PM166.56 / 477.63 x323.81 x313.73 x
Total No. of Applications: 4,61,456 (Approx)

Effwa Infra & Research Limited Valuations

EPS Pre IPO

₹7.74/-

EPS Post IPO

₹5.96/-

P/E Pre IPO

10.59

P/E Post IPO

13.75

RoNW

37.15%

Effwa Infra & Research Limited Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets8,302.836,478.544,648.21
Revenue14,551.4611,541.3610,461.67
Profit After Tax1,380.06513.04459.99

About The Company

Effwa Infra & Research Limited was founded in 2014 and provides engineering, consulting, procurement, construction and integrated project management services in the field of water pollution control, covering wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants.

In addition, the company offers project organization, management, procurement, financing, and implementation as a consultant and expert. The focus is on ensuring environmentally friendly waste processing practices, including the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP) and Hazardous Waste Management.

Infrastructure for the water management project includes design of the project, construction and procurement of raw materials including installation of wells including pump houses, laying of pipelines, electro-mechanical works, execution on site with overall project management till commissioning of the projects.

The company offers its services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh and Rajasthan as well as in the Special Economic Zone, which includes Adani Ports, and in the international market.

As of March 31, 2024, the company has successfully completed over 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies.

As of March 31, 2024, the company employed over 118 people, including 12 engineers in the areas of planning, design, and construction of wastewater treatment and recycling systems with a focus on zero discharge systems with transport systems for secondary treated wastewater and fresh water and 76 engineers in the areas of civil, mechanical and electrical engineering, instrumentation and automation, piping and safety and quality control.

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Effwa Infra & Research Limited - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 72.99%


Company Promoter(s)

  1. Dr. Varsha Subhash Kamal
  2. Mr. Subhash Ramavtar Kamal

Effwa Infra & Research Limited IPO - Issue Objectives

  1. Funding working capital requirements of the company
  2. Funding of capital expenditure requirements of the company towards the purchase of new office Equipment
  3. General corporate purposes.

Other Details

Company Contact Details

Effwa Infra & Research Limited

G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601

Phone: Thane West, Thane – 400601

Email: investor@effwa.co.in

Website: https://www.effwa.co.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Effwa Infra & Research Limited IPO - FAQs

Ans. Effwa Infra & Research Limited IPO is a SME IPO. The issue is priced at ₹78-82 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 5, 2024, and closes on Jul 9, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Effwa Infra & Research Limited IPO opens on Jul 5, 2024 and closes on Jul 9, 2024.

Ans. The size of Effwa Infra & Research Limited IPO is 6,252,800 shares(aggregating up to ₹51.27 Cr).

Ans. The IPO price band is set between ₹78-82 per equity share.

Ans. To apply for Effwa Infra & Research Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Effwa Infra & Research Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Effwa Infra & Research Limited IPO is Jul 10, 2024.

Ans. The Effwa Infra & Research Limited IPO will be listed on Jul 12, 2024.

Ans. Follow the steps to check the allotment status for Effwa Infra & Research Limited IPO here.