Effwa Infra and Research Limited SME IPO

Issue Size (Net)
up to ₹51.27 Cr

Price Band
₹78.00-82.00 Per Share

Issue Opens
5th Jul 2024

Issue Closes
9th Jul 2024

About Company – Effwa Infra and Research

Effwa Infra & Research Limited was established in 2014 and is active in engineering, consultancy, procurement, construction and integrated project management in the field of water pollution control, including wastewater and industrial effluent treatment, waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants. In addition, they also act as consultants and offer a range of services that include project organization, management, equipment procurement, financing and project implementation.

The company operates under the 4R concept, i.e. Reducing, Recycling, Reusing and Rehabilitating. It provides technological solutions to a range of industries, enabling them to achieve zero discharge through the recovery and reuse of water from wastewater streams. The company serves the following industries: Textiles, leather, paper, food, dairy, chemicals, dyes and intermediates, steel, mining, energy, pharmaceuticals and bulk drugs, sugar, distilleries, fertilizers, pesticides, ceramics, petrochemicals and many others. In addition, the focus on achieving ZLD demonstrates a commitment to minimizing environmental impact and maximizing resource efficiency, which can be attractive to environmentally conscious companies and regulators.

The company’s main focus is to strengthen its prospects in the execution of wastewater treatment plants with recycling, wastewater treatment plants with zero discharge systems and wastewater treatment plant projects. The company started with a project of 3 MLD and has increased its capacity to 135 MLD. The company has demonstrated its execution capabilities on large EPC contracts such as the construction of a 135 MLD water treatment plant in Odisha for the Sukinda mine. The average execution time for EPC projects is between 18 and 24 months. For O&M projects, the average execution time varies between one year and five years.

Effwa Infra and Research SME IPO Strengths

  • Established track record for timely execution.
  • Strong Order Book.
  • Complete water solutions provider.
  • In-house expertise in designing and engineering of water management infrastructure projects.
  • Lower investments and capital expenditure in our projects due to our outsourcing model.
  • Experienced Promoter and management team.
  • Use of advanced technologies.
  • Brand Acceptance for Equipments & Services.

Effwa Infra and Research SME IPO Objective

The Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:

  1. Funding working capital requirements of the company;
  2. Funding of capital expenditure requirements of the company towards the purchase of new office Equipment; and
  3. General corporate purposes.

Effwa Infra and Research Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,302.836,478.544,648.21
Revenue14,551.4611,541.3610,461.67
Profit After Tax1,380.06513.04459.99
Net Worth3,715.052,355.891,842.85
Reserves and Surplus1,932.012,123.321,610.28
Total Borrowing1,406.441,623.011,026.11
Amount in ₹ Lakhs

Effwa Infra and Research Limited Day-wise IPO GMP Trend

GMP DateIPO PriceGMP MovementEstimated Listing PriceLast Updated
12-07-2024 Listing82.00₹143 – No Change₹225 (174.39%)12-Jul-2024 9:27
11-07-202482.00₹143 – Up₹225 (174.39%)11-Jul-2024 10:56
10-07-2024 Allotment82.00₹128 – Up₹210 (156.1%)10-Jul-2024 10:53
09-07-2024 Close82.00₹120.50 – Up₹202.5 (146.95%)9-Jul-2024 9:29
08-07-202482.00₹120 – Up₹202 (146.34%)8-Jul-2024 14:31
07-07-202482.00₹95 – No Change₹177 (115.85%)7-Jul-2024 23:27
06-07-202482.00₹95 – Up₹177 (115.85%)6-Jul-2024 6:03
05-07-2024 Open82.00₹90 – Up₹172 (109.76%)5-Jul-2024 10:31
04-07-202482.00₹85 – Up₹167 (103.66%)4-Jul-2024 10:27
03-07-202482.00₹80 – Up₹162 (97.56%)3-Jul-2024 10:30
02-07-202482.00₹63 – Up₹145 (76.83%)2-Jul-2024 23:23
01-07-2024₹0 – No Change₹ (0%)1-Jul-2024 9:32
 

Effwa Infra and Research Limited SME IPO Details

SME IPO Issue Opening Date:5th Jul 2024
SME IPO Issue Closing Date:9th Jul 2024
SME IPO Issue Price:₹78.00-82.00 Per Share
Face Value₹10 Per Equity Share
Lot Size1600 Shares
Issue Size₹51.27 Cr
Fresh Issue₹43.60 Cr
Issue TypeBook Build Issue
IPO Listing At:NSE SME

Effwa Infra and Research Limited SME IPO Timeline (Tentative Schedule)

EventTentative Date
Opening Date5th Jul 2024
Closing Date9th Jul 2024
Basis of Allotment Date10th Jul 2024
Refunds Initiation11th Jul 2024
Credit of Shares to Demat11th Jul 2024
SME IPO Listing Date12th Jul 2024

Prospectus File

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