Envirotech Systems IPO GMP, Price, Date, Review & IPO Details

Envirotech Systems IPO
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Envirotech Systems IPO GMP : Envirotech Systems IPO GMP is Open on 13 September 2024 and Close on 18 September 2024. Envirotech Systems IPO to Raise 5,400,000 shares (Approx ₹30.24 Cr) via IPO. The Fresh issue of 5,400,000 shares (Approx ₹30.24 Cr).

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, we have expanded our capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, we offer cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets.

Our comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions. Envirotech Systems Limited offers its services across India, catering to a diverse range of industrial and commercial clients. While we also export some products, the revenue generated from these exports is not a significant portion of our overall revenue.

Envirotech Systems Limited specializes in manufacturing products tailored to meet customer demands, offering customized solutions for various noise control requirements. Our products are designed and fabricated according to the specific needs of our clients, ensuring optimal performance and efficiency. While we provide our services PAN India, our focus remains on delivering bespoke solutions that align with individual customer requirements.

This customer-centric approach has enabled us to establish long-term relationships with our clients, who trust us to deliver high-quality, customized products that meet their unique needs. We are committed to excellence and customer satisfaction through the use of the latest technology and continuous quality improvement. With a track record of over various successful projects in industries such as Oil & Gas, Manufacturing, Power Generation, Cement & Steel, Automobile, and Construction, ESL continue to expand both domestically and internationally.

To drive innovation and cost-effectiveness, our well-established R&D department employs computer-aided tools and efficient personnel. Our research activities focus on market research, continual product development, and improved product and production technologies. At Envirotech Systems Limited, we deliver professional and concise solutions for noise control needs.

Our Products-

  •  Gas turbines
  •  Steam turbines
  •  Compressors
  •  Diesel Generator
  •  Pumps
  •  Conveyor
  •  Fin Press Machine
  •  Air Compressor
  •  Forging Machine
  •  CNC Machine
  •  Scarfing Machine
  •  Other Noise Generating Industrial Machines

Envirotech Systems IPO Date & Price Band Details

IPO Open Date 13 Sep 2024
IPO Close Date 18 Sep 2024
IPO Size 5,400,000 shares (Approx ₹30.24 Cr)
Fresh Issue 5,400,000 shares (Approx ₹30.24 Cr)
Lot Size 2000 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹53 to ₹56 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Envirotech Systems IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹112,000
Retail Maximum 1 2000 ₹112,000
S-HNI Minimum 2 4000 ₹224,000

Object of the Issue

  1. Purchase Land and Building for setting up factory.
  2. Funding of working capital requirements of the Company.
  3. General Corporate Expenses.
  4. Issue Expenses.

Envirotech Systems IPO Allotment & Listings (Details)

IPO Open Date 13 Sep 2024
IPO Close Date 18 Sep 2024
Basis of Allotment 19 Sep 2024
Refunds 20 Sep 2024
Credit to Demat Account 20 Sep 2024
IPO Listing Date 23 Sep 2024

Envirotech Systems Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹46.88 ₹31.28 ₹11.43
2023 ₹28.75 ₹25.22 ₹2.57
2022 ₹18.50 ₹17.06 ₹1.06

Our Company Promoters

  1. Mr. Manoj Kumar Gupta 
  2. Ms. Sindhu Gupta

Qualitative Factors

  • Experienced Promoters and Management Team.
  • Quality Assurance of our Services.
  • Established relationship with existing client.
  • Scalable Business Model.

Also Read: SPP Polymers IPO

Envirotech Systems Company Contact Details

A-29, Block-A, Shyam Vihar Phase-I, New Delhi, India, 110043
Tel. No.: 0120-4337633/ 4337439
E-mail: support@esplonline.com
Website: www.envirotechltd.com

Envirotech Systems Lead Manager

SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED
A-15, Basement, Sector-64, Noida – 201301, Uttar Pradesh, India;
Tel: +91 0120-4910000;
Email: kunal.bansal@shareindia.co.in
Investor Grievance ID: info@shareindia.com
Website: www.shareindia.com

Envirotech Systems IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
302, Kusal Bazar, Nehru Place, New Delhi, Delhi 110019
Tel. No.: 011-42425004
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C.

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