Envirotech Systems IPO Date, Review, Price, Allotment Details

Envirotech Systems IPO is opening for subscription on September 13, 2024, and closing on September 18, 2024. This NSE SME IPO aims to raise ₹30.24 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Envirotech Systems IPO is fixed at ₹53 – ₹56 Per Share, with a market lot of 2000 share. The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Envirotech Systems IPO Allotment will done on September 19, 2024, and Envirotech Systems IPO listing date is September 23, 2024.

 

Envirotech Systems Company Profile

Founded in February 2007, Envirotech Systems Limited is a leading manufacturer of acoustic products, specializing in noise measurement and control for industrial and commercial applications. With over 98 employees and a network of experts, the company offers cost-effective acoustic solutions across various sectors in India.

Product Offerings

Envirotech provides customized acoustic enclosures for noise reduction in machinery, designed for both indoor and outdoor applications. Their products cater to noise sources such as gas turbines, compressors, diesel generators, air compressors, CNC machines, and more.

Key Strengths

• Experienced management and promoters.
• Strong relationships with existing clients.
• High-quality services with a scalable business model.

 

Envirotech Systems IPO GMP

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Envirotech Systems IPO Objectives

The funds raised through the IPO will be utilized for:

1. Purchasing land and buildings for a new factory.
2. Funding the company’s working capital.
3. General corporate expenses.
4. Covering IPO-related expenses.

 

Envirotech Systems IPO Key Details

• Envirotech Systems IPO Open Date: September 13, 2024
• Envirotech Systems IPO Close Date: September 18, 2024
• Envirotech Systems IPO Size: Approximately ₹30.24 Crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• Envirotech Systems IPO Price Band: ₹53 – ₹56 Per Equity Share
• Envirotech Systems IPO Listing on: NSE SME IPO
• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

 

Envirotech Systems IPO Timeline

• Envirotech Systems IPO Open Date: September 13, 2024
• Envirotech Systems IPO Close Date: September 18, 2024
• Basis of Allotment: September 19, 2024
• Refunds: September 20, 2024
• Credit to Demat Account: September 20, 2024
• Envirotech Systems IPO Listing Date: September 23, 2024

 

How to Apply for Envirotech Systems IPO

Investors can apply for the Envirotech Systems IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Envirotech Systems Financial Performance (in Crores)

• Year 2022: Revenue ₹18.50, Expense ₹17.06, Profit After Tax ₹1.06, Assets ₹13.87
• Year 2023: Revenue ₹28.75, Expense ₹25.22, Profit After Tax ₹2.57, Assets ₹22.76
• Year 2024: Revenue ₹46.88, Expense ₹31.28, Profit After Tax ₹11.43, Assets ₹38.67

 

Envirotech Systems Valuation FY2024

• Return on Equity (ROE): 58.29%
• Return on Capital Employed (ROCE): 62.43%
• EBITDA Margin: 35.90%
• Profit After Tax (PAT) Margin: 24.72%
• Debt-to-Equity Ratio: 0.46
• Earnings Per Share (EPS): ₹128.41
• Net Asset Value (NAV): ₹220.29

 

Envirotech Systems Peer Group

• N/A

 

Envirotech Systems Company Promoters

• Mr. Manoj Kumar Gupta
• Mrs. Sindhu Gupta

 

Envirotech Systems IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Envirotech Systems IPO Allotment Status Check

• Check the Envirotech Systems IPO allotment status on the Bigshare Serviceswebsite.

 

Envirotech Systems IPO Allotment Link

• Check the Envirotech Systems IPO allotment on the Check Ipo Allotment website.

 

Envirotech Systems IPO Lead Managers (Merchant Bankers)

• Share India Capital Services Private Limited

Envirotech Systems Company Address

A-29,Block A ,
Shyam Vihar Phase-I,
New Delhi,Delhi-110 043 India
Website: https://www.envirotechltd.com/
Phone: +0120-4337633
Email: cs@envirotechltd.com

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO?

Envirotech Systems IPO is an NSE SME IPO. They are going to raise ₹30.24 Crores via IPO. The issue is priced at ₹53 – ₹56 Per equity share. The IPO is to be listed on NSE.

 

When will the Envirotech Systems IPO open?

The IPO is to open on September 13, 2024, for NII, and Retail Investors.

 

What is Envirotech Systems IPO Investors Portion?

The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.

 

How to Apply for the Envirotech Systems IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the Envirotech Systems IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Envirotech Systems IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Envirotech Systems IPO Size?

Envirotech Systems IPO size is ₹30.24 Crores.

 

What is Envirotech Systems IPO Price Band?

Envirotech Systems IPO Price Band is ₹53 – ₹56 Per equity share.

 

What is Envirotech Systems IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 share with ₹112,000.

 

What is Envirotech Systems IPO Allotment Date?

Envirotech Systems IPO allotment date is September 19, 2024.

 

What is Envirotech Systems IPO Listing Date?

Envirotech Systems IPO listing date is September 23, 2024. The IPO to list on NSE SME IPO.