Effwa Infra & Research IPO Review

 
Effwa Infra & Research IPO Review

IPO Open Date: July 5, 2024

IPO Close Date: July 9, 2024

IPO Price: ₹78 to ₹82 per share

Lot Size: 1600 Shares

Listing: July 12, 2024

Effwa Infra & Research is scheduled to hit the market on July 5, 2024 and close on July 9, 2024. Effwa Infra & Research plans to raise around ₹51.27 Cr through an IPO with a sale of up to 6,252,800 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.

Effwa Infra & Research Limited, established in 2014, specializes in providing a wide range of services related to water pollution control. These services include engineering, consulting, procurement, construction, and integrated project management for various aspects like wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment plants. The company also excels in project organization, management, procurement, financing, and implementation as consultants, with a strong emphasis on environmentally friendly waste processing practices such as Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP), and Hazardous Waste Management.

Operating across several states in India and internationally, Effwa Infra & Research Limited has successfully completed over 45 water management infrastructure projects by March 31, 2024. The company employs a dedicated team of over 118 professionals, including engineers specializing in planning, design, and construction of wastewater treatment and recycling systems aimed at zero discharge practices. Furthermore, the team consists of engineers with expertise in civil, mechanical, and electrical engineering, instrumentation and automation, piping, safety, and quality control to ensure the successful execution of projects from conception to commissioning.

Effwa Infra & Research


Effwa Infra & Research IPO Details

Effwa Infra & Research IPO opens on July 05, 2024, and closes on July 09, 2024. The Listing date for Effwa Infra & Research IPO is on July 12, 2024. The price band for IPO is ₹78 to ₹82 per share and lot size of 1600 Shares.

IPO DateJuly 05, 2024 to July 09, 2024
Listing DateJuly 12, 2024
Price₹78 to ₹82  per share
Lot Size1600 Shares
Issue Size₹51.27 Cr
Face Value₹10 per share

Effwa Infra & Research IPO Tentative Timetable

Effwa Infra & Research opening date is July 05, 2024 and close date is July 09, 2024. The IPO allotment date is July 10, 2024. The refund initiation of IPO is on July 11, 2024. The credit of shares in demat account is on July 11, 2024. The listing date is on July 12, 2024.

EventDate
IPO OpeningJuly 05, 2024
IPO ClosingJuly 09, 2024
IPO Allotment DateJuly 10, 2024
Refund InitiationJuly 11, 2024
Shares Credit to DematJuly 11, 2024
Lisiting DateJuly 12, 2024

Effwa Infra & Research IPO Lot Size

Lot Size of this IPO is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹131,200).

CategoryLotsSharesAmount
Retail(Minimum)11600₹131,200
Retail(Maximum)11600₹131,200
HNI (Minimum)23200₹262,400

Effwa Infra & Research IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding72.99%

Effwa Infra & Research IPO Review

Effwa Infra & Research Limited, founded in 2014, specializes in engineering, consulting, procurement, construction, and integrated project management services in water pollution control. The company's focus includes wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment plants. Effwa Infra also provides project organization, management, procurement, financing, and implementation services, ensuring environmentally friendly waste processing practices. Their infrastructure projects involve the design, construction, and procurement of raw materials, as well as the installation of wells, pump houses, pipelines, and electro-mechanical works.

Effwa Infra operates in several states across India, including Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, as well as in Special Economic Zones like 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, state governments, and private companies. The company employs over 118 people, including 12 engineers specializing in the planning, design, and construction of wastewater treatment and recycling systems, with a focus on zero discharge systems, and 76 engineers in civil, mechanical, electrical engineering, instrumentation, automation, piping, and safety and quality control.

Effwa Infra & Research Limited has shown significant financial growth, with a revenue increase of 26.08% and a profit after tax (PAT) rise of 169% between the financial years ending March 31, 2023, and March 31, 2024. As of March 31, 2024, the company's total assets were ₹8,302.83 lakh, with a net worth of ₹3,715.05 lakh, and total borrowings of ₹1,406.44 lakh. The company aims to raise funds through its IPO to finance working capital requirements, purchase new office equipment, and cover general corporate expenses. The market capitalization post-IPO is projected to be ₹189.81 crore, with a post-issue P/E ratio of 13.75. Key performance indicators include a return on equity (ROE) of 45.46%, return on capital employed (ROCE) of 40.99%, and a debt-to-equity ratio of 0.38.

Effwa Infra & Research IPO Subscription Status (Bidding Details)

Table not found

Effwa Infra & Research IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Effwa Infra & Research IPO FAQs

What is Effwa Infra & Research IPO?

Effwa Infra & Research is issuing 6,252,800 equity shares with a face value of ₹10 each, totaling up to ₹51.27 Cr. The shares are being offered at a price of ₹78 to ₹82 each, with a minimum order quantity of 1600 shares.

Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Effwa Infra & Research IPO will open?

Effwa Infra & Research will open on July 05, 2024 for QIB, NII, and Retail Investors.

When Effwa Infra & Research IPO will end?

Effwa Infra & Research will end on July 09, 2024.

What is Effwa Infra & Research IPO Size?

Effwa Infra & Research IPO size is 51.27 Cr.

What is Effwa Infra & Research IPO Price Band?

Effwa Infra & Research price band is ₹78 to ₹82 per share.

What is the Effwa Infra & Research IPO Allotment Date?

Effwa Infra & Research allotment date is July 10, 2024.

What is the Effwa Infra & Research IPO Listing Date?

Effwa Infra & Research listing date is July 12, 2024. The IPO is to be listed on BSE and NSE.

How to Effwa Infra & Research IPO through Zerodha?

To apply for the IPO “Effwa Infra & Research” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Effwa Infra & Research IPO through Upstox?

To apply for the IPO “Effwa Infra & Research” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Effwa Infra & Research IPO Allotment Status?

For Effwa Infra & Research IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Effwa Infra & Research IPO GMP?

You can check out here: Effwa Infra & Research IPO GMP

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About Ishika Agarwal

Ishika Agarwal is a seasoned financial writer with a strong background in the stock market and investment sector. Ishika has a passion for analyzing and interpreting complex financial data to provide valuable insights to her readers.

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