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:
- Funding working capital requirements of the company;
- Funding of capital expenditure requirements of the company towards the purchase of new office Equipment; and
- General corporate purposes.
Effwa Infra and Research Limited Financial Information (Restated Consolidated)
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|
Assets | 8,302.83 | 6,478.54 | 4,648.21 |
Revenue | 14,551.46 | 11,541.36 | 10,461.67 |
Profit After Tax | 1,380.06 | 513.04 | 459.99 |
Net Worth | 3,715.05 | 2,355.89 | 1,842.85 |
Reserves and Surplus | 1,932.01 | 2,123.32 | 1,610.28 |
Total Borrowing | 1,406.44 | 1,623.01 | 1,026.11 |
Amount in ₹ Lakhs |
Effwa Infra and Research Limited Day-wise IPO GMP Trend
GMP Date | IPO Price | GMP Movement | Estimated Listing Price | Last Updated |
---|---|---|---|---|
12-07-2024 Listing | 82.00 | ₹143 – No Change | ₹225 (174.39%) | 12-Jul-2024 9:27 |
11-07-2024 | 82.00 | ₹143 – Up | ₹225 (174.39%) | 11-Jul-2024 10:56 |
10-07-2024 Allotment | 82.00 | ₹128 – Up | ₹210 (156.1%) | 10-Jul-2024 10:53 |
09-07-2024 Close | 82.00 | ₹120.50 – Up | ₹202.5 (146.95%) | 9-Jul-2024 9:29 |
08-07-2024 | 82.00 | ₹120 – Up | ₹202 (146.34%) | 8-Jul-2024 14:31 |
07-07-2024 | 82.00 | ₹95 – No Change | ₹177 (115.85%) | 7-Jul-2024 23:27 |
06-07-2024 | 82.00 | ₹95 – Up | ₹177 (115.85%) | 6-Jul-2024 6:03 |
05-07-2024 Open | 82.00 | ₹90 – Up | ₹172 (109.76%) | 5-Jul-2024 10:31 |
04-07-2024 | 82.00 | ₹85 – Up | ₹167 (103.66%) | 4-Jul-2024 10:27 |
03-07-2024 | 82.00 | ₹80 – Up | ₹162 (97.56%) | 3-Jul-2024 10:30 |
02-07-2024 | 82.00 | ₹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 Size | 1600 Shares |
Issue Size | ₹51.27 Cr |
Fresh Issue | ₹43.60 Cr |
Issue Type | Book Build Issue |
IPO Listing At: | NSE SME |
Effwa Infra and Research Limited SME IPO Timeline (Tentative Schedule)
Event | Tentative Date |
---|---|
Opening Date | 5th Jul 2024 |
Closing Date | 9th Jul 2024 |
Basis of Allotment Date | 10th Jul 2024 |
Refunds Initiation | 11th Jul 2024 |
Credit of Shares to Demat | 11th Jul 2024 |
SME IPO Listing Date | 12th Jul 2024 |