Envirotech Systems IPO Subscription Status: Envirotech Systems IPO is Open on 13 September 2024 and Close on 19 September 2024. Envirotech Systems IPO to Raise 5,400,000 shares (Approx ₹30.24 Cr) via IPO. The Fresh Issue is 5,400,000 Shares (Approx ₹30.24 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Envirotech Systems IPO is an SME IPO and Listed on NSE SME. Envirotech Systems IPO Price Band is Fixed at ₹56 Equity Share. Envirotech Systems IPO Lot Size is 2000 Shares.
Also Read: Envirotech Systems IPO GMP, Price, Date, Review & IPO Details
Envirotech Systems IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 9,40,000 | 28,88,000 | 3.07 |
| Non Institutional Buyers (NIIs) | 7,06,000 | 85,04,000 | 12.05 |
| Retail Individual Buyers (RIIs) | 16,46,000 | 5,42,12,000 | 32.94 |
| Anchor Investor | 14,06,000 | 14,06,000 | 1 |
| Market Maker | 7,02,000 | 7,02,000 | 1 |
| Total | 32,92,000 | 6,56,04,000 | 19.93 |
Envirotech Systems IPO Subscription Status day-by-day-
| Categories | 13 Sep | 16 Sep | 17 Sep | 18 Sep | 19 Sep |
|---|---|---|---|---|---|
| QIB | 0.00 | 0.00 | 3.07 | 3.07 | 0.00 |
| NII | 2.33 | 3.12 | 8.17 | 12.05 | 0.00 |
| RII | 4.43 | 11.38 | 23.38 | 32.94 | 0.00 |
| Total | 2.71 | 6.36 | 14.32 | 19.93 | 0.00 |
About IPO :
Envirotech Systems 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 holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Envirotech Systems Review From MoneyMintIdea –
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