IPO

Envirotech Systems Ltd. IPO

Envirotech Systems Ltd., established in 2007, operates in the Non Conventional Energy - Generation/Support Equip sector. The company's IPO opened on September 13, 2024 and closed on September 17, ... Read more

Min Investment
₹ 1,12,000 / 2000 shares
Price Range
₹53 - ₹ 56
Bidding Dates
13 Sep '24 - 17 Sep '24
Total Issue Value
30.24 Cr
Lot Size
2,000
Total Issue Size
30.24 Cr
Listing At
NSE SME
Subscription
75.45 times
NSE Price
122.55 (118.84%)

IPO Timeline

  • 13 Sep 2024
    Bidding Starts
  • 17 Sep 2024
    Bidding Ends
  • 19 Sep 2024
    Allotment Finalization
  • 23 Sep 2024
    Listing

About Envirotech Systems Ltd.

Envirotech Systems Limited is a leading acoustic engineering 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 ... Read more

Parent organisation
Founded
Envirotech Systems Ltd.
2007

Envirotech Systems Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 14,06,000 (26.04%)
Market Makers 7,02,000 (13%)
Non Institutional Investors 7,06,000 (13.07%)
Qualified Institutional Buyers (QIBs) 9,40,000 (17.41%)
Retail Individual Investors (RIIs) 16,46,000 (30.48%)

Envirotech Systems Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 46.88 Cr 11.43 Cr 6.22 Cr
31 Mar 2023 28.75 Cr 2.57 Cr 6.12 Cr
31 Mar 2022 18.50 Cr 1.06 Cr 3.54 Cr

Envirotech Systems Ltd. Background

Major Events And Milestones
  • 2007
    Incorporated as a Private Limited Company
  • 2009
    Change in name of the Company from Envirotech Gensets Private Ltd. To Envirotech Systems Private Ltd.
  • 2012
    Set up of First Manufacturing Plant in Noida
  • 2018
    Expansion of Manufacturing plant in Noida
  • 2022
    Converted from Private Limited Company to Public Limited Company
Envirotech Systems Ltd. Object of Issues

1. Purchase of Land to set up Factory
3. To Meet Working Capital Requirement
4. General Corporate Expenses
5. To Meet the Issue Expenses

Envirotech Systems Ltd. IPO Listing Details
Listing Date
23 Sep 2024
NSE Symbol
ENVIROTECH
ISIN
INE0SUH01015
Final Issue Price
₹ 56
Envirotech Systems Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 56.00
Open - ₹ 106.40
Low - ₹ 106.40
High - ₹ 111.70
Last Trade - ₹ 111.70
Envirotech Systems Ltd. Company Promoters

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

Industry Overview

India’s Acoustics market i.e. NVH (Noise, Vibration, and Harshness) Testing market has valued at USD 141 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.33% through 2029. The Noise, Vibration, and Harshness (NVH) Testing market in India ... Read more

Envirotech Systems Ltd. Contact Details
Address: A-29, Block-A ,Shyam Vihar Phase-I, Delhi, India, Delhi Delhi - 110043
Phone no:
Envirotech Systems Ltd. IPO Registrar
Big Share Services Pvt. Ltd.
302, Kusal Bazar, Nehru Place, New Delhi Delhi - 110019
42425004
Envirotech Systems Ltd. IPO Lead Manager(s)
Share India Capital Services Pvt. Ltd.
A-15, Sector-64, Noida Uttar Pradesh - 201301
4910000

FAQs

When does Envirotech Systems Ltd. IPO opens and closes?

Envirotech Systems Ltd. IPO opens from 13th September to 17th September 2024.

What is the size of Envirotech Systems Ltd. IPO?

The size of the Envirotech Systems Ltd. IPO is ₹30.24 Cr.

What is the price range of Envirotech Systems Ltd. IPO?

The price range of Envirotech Systems Ltd. IPO is at ₹53 to ₹56 per share.

What is the minimum investment and lot size required for the Envirotech Systems Ltd. IPO?

The minimum investment required is ₹1,12,000 and minimum lot size is 2000 shares.

When is Envirotech Systems Ltd. IPO listing date?

The Envirotech Systems Ltd. IPO will be listed on 23rd September 2024.

What is the objective of Envirotech Systems Ltd. IPO?

1. Purchase of Land to set up Factory
3. To Meet Working Capital Requirement
4. General Corporate Expenses
5. To Meet the Issue Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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