Enviro Infra Engineers IPO details, Date, Price, GMP, Review

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Enviro Infra Engineers IPO details Today : Enviro Infra Engineers IPO details Today is Open on [.] 2024 and Close on [.] 2024. Enviro Infra Engineers IPO to Raise [.] shares (Approx ₹[.] Cr) via IPO. The Fresh issue of [.] shares (Approx ₹[.] Cr). 

We are in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants  and Water Supply Scheme Projects  for government authorities/bodies. WWTPs include Sewage Treatment Plants ,Sewerage Schemes  and Common Effluent Treatment Plants while WSSPs include Water Treatment Plants (WTPs)alongwith pumping stations and laying of pipelines for supply of water (collectively, “Projects”).

The treatment process installed at most of the STPs and CETPs is Zero Liquid Discharge (ZLD) compliant and the treated water can be used for horticulture, washing, refrigeration and other process industries.WWTPs and WSSPs are partly funded by the Central Government under schemes like the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and fully funded under the National Mission of Clean Ganga (NMCG) for projects in urban areas.

WSSPs are similarly funded by the Central Government schemes like the Jal Jeevan Mission (JJM) for rural areas of the country. The states or Urban Local Bodies (ULBs) under their respective schemes fund the WWTPs and WSSPs alongwith the Central Government. Our Company bids for tenders issued by State Governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. As on December 31, 2023, we have successfullydeveloped 26WWTPs and WSSPs across Indiain past seven (7) years which includes 20projects with 10 MLD capacity and above.

We have an in-house team for designing, engineering and construction which makes us self-reliant on all aspects of our business. We have a team of 163 engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down bythe industry and government agencies & departments. We also have our own team for civil construction works thereby reducing dependence on third parties. The scope of our services typically includes design and engineering of the projects, procurement of raw materials, execution at site with overall project management up to the commissioning of projects.

Post commissioning, operations and maintenance of these plants for a certain period of time is generally a part of the award. We have a team of dedicated engineers and personnel focused on operations and maintenance of completed projects.In addition to the execution of projects independently, we also enter into joint ventures with other infrastructure and construction companies to jointly bid and execute projects.

Joint ventures or partnerships enable us to achieve pre-qualification, both technical and/or financial, with our joint venture partner at the time of the bid and where the bid is successful, we also execute the project with our joint venture partner considering the technical skill and qualification of the joint venture partner required to execute a particular project. As on December 31, 2023, we are executing 5 WWTPs and WSSPs projects in partnership with our joint venture partners. In line with government policies and industry trends, we are taking various initiatives towards “Waste to Energy” in our projects to reduce our carbon footprint and contribute to environmental sustainability.

We have installed solar power plants at some of our projectsand the solar power generated by these plants is being used for captive utilisation or supplied to the power grid.Government authorities arealsoproviding for the installation of Compressed Bio Gas (CBG) plant to produce CBG from STPin bids for new projects and we are in the process of installing CBG plants at our ongoing projects at Jodhpur and Jaipur in Rajasthan. The CBG generated and purified will be directly sold to the Oil Marketing Companies (OMCs)in public sector or used for power generation once STPs are established and running.

By integrating solar power plants and/orCompressed Bio Gas (CBG) plants into our projects, we are now focussing on “Projects contributing to Sustainable Development”. Out of our existing Order Book of 21 WWTPs and WSSPs, 8projects are “Projects contributing to Sustainable Development”. Return on Net Worth is ratio of Profit after Tax and Net Worth. Debt Equity Ratiois calculated as total outstanding debt obligations to the value of its shareholders’ equity.

Object of the Issue

  1. To meet the Working Capital Requirements.
  2. Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh including Operation & maintenance for 15 years through Hybrid Annuity Based PPP Mode.
  3. Repayment/prepayment in full or in part, of certain of our outstanding borrowings.
  4. Funding for future projects and general corporate purposes.

Our Company Promoters

  1. Sanjay Jain
  2. Manish Jain
  3. Ritu Jain
  4. Shachi Jain

Qualitative Factors

  • In house designing, engineering and execution team.
  • Increasing presence in existing geographies with new projects.
  • Diversified Order Book of projects across India.
  • In-house execution capabilities with timely delivery and established track record enabling consistent increase in eligibility for high value project tenders.
  • Use of advanced technologies in the construction and installation of WWTPs and WSSPs.
  • Experienced Promoters and senior management team.
  • Consistent financial performance.

Comparison of Accounting Ratios with Listed Industry Peers

  • Enviro Infra Engineers Limited
  • EMS Limited
  • ION Exchange Limited
  • Va Tech Wabag Limited
  • Vishnu Prakash R Punglia Limited

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Enviro Infra Engineers Company Contact Details

Unit No 201, Second Floor, Plot No. B,
CSC/OCF-01, RG Metro Arcade,
Sector -11, Rohini,
Delhi North West 110085, India
Telephone No.:+91-011-40591549
E-mail:cs@eiepl.in
Website: www.eiel.in

Enviro Infra Engineers IPO Registrar

Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai –400093,
Telephone:+91 22 6263
E-mail: ipo@bigshareonline.com
Investor grievance e-mail:investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person:Babu RaphaelC

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