fbpx

Envirotech Systems IPO GMP

Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

Chanakyanipothi.com, a legacy of 31 Years.
India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.

Table of Contents

Envirotech Systems listing Review

On 24th September 2024, the scrip is listed at Rs. 106.40, premium of 90% over the issue price.

Envirotech Systems IPO allotment Link

Subscription status of Envirotech Systems IPO

Envirotech Systems IPO (Day 2)

Price Rs. 56 Lot 2000 shares, Rs. 30.24 Crore

QIB NII x RII x Total x Applications
0.00 3.12 11.38 6.36 9,363 (11.38x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Envirotech Systems?

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, it has expanded its capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, it offers cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets. Its comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions

Get more information about the company @ https://www.envirotechltd.com/

Envirotech Systems IPO Details

IPO opens on  13 September 2024
IPO closes on  19 September 2024
Issue Type Book Built Issue IPO
Issue Size 5400000 Shares /
Rs 30.24 Crore
* Fresh Issue 5400000 Shares /
Rs 30.24 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 702000 Shares
Net offer to Public 4698000 Shares/
Rs.26.31 Crore
Face Value per share Rs. 10
Price Band Rs.53-56
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 2349000 26.31
NII  (15%)   704700   3.95
RII  (35%) 1644300   9.21
Total Shares  4698000 26.31
Retail portion will be oversubscribed by  822
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.112000
Min HNI Application  4000 Shares Rs.224000

Who are the Promoters of Envirotech Systems IPO?

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

What are the Objects of Envirotech Systems IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  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

Tentative timetable

IPO opens on 13 September 2024
IPO Closes on 19 September 2024
IPO Allotment on  20 September 2024
Refund Initiation  23 September 2024
Credit of Shares 23 September 2024
Listing on 24 September 2024
Registered Office of the Company
Envirotech Systems Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Who is the Lead Manager of this IPO?
Share India Capital Services Pvt ltd

Who is the Registrar to IPO?
Bigshare Services Limited

Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Envirotech Systems IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 18.50   1.06 0.81 70.81
2022-23 28.75   2.57 1.98 60.96
2023-24  46.88 11.43 8.54 20.90
Book Value of the
Share on 31.03.2024
Rs 14.64    
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 56    

IPO
Key Performance indicators

Price/EPS of 23-24 6.87
Price/BV Ratio
Price/BV after IPO  3.82


How Envirotech Systems IPO
compares with the Peers?

The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials

 

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Envirotech Systems IPO Review

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications.

Size:  Net size of the IPO is Rs.26.31 crore, comprising of 4698000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, the huge oversubscription may not be seen.
Financial Snapshot:
The company has shown sharp rise in its bottom-line in the year prior to the IPO.  
+ from fundamental angle: May Apply.
+ from grey market angle: ?

Quicklinks

Envirotech Systems IPO IPO GMP today allotment, review?

Envirotech Systems IPO IPO GMP grey market premium

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO
?

This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.

When will Envirotech Systems IPO subscription open?

Envirotech Systems IPO opens on September 13, 2024, and closes on September 17, 2024.

What is the lot size of Envirotech Systems IPO?

Envirotech Systems IPO lot size is 2000 Shares, and the minimum amount required is Rs.112000

How to apply for Envirotech Systems IPO?

You can apply in Excellent Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Excellent Wires IPO allotment?

The finalization of Basis of Allotment for Envirotech Systems IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.

When is Envirotech Systems IPO listing date?

Envirotech Systems IPO listing date is September 20, 2024.

What is the latest grey market premium of Envirotech Systems IPO?

 For latest GMP, Click

Subscription status of Envirotech Systems IPO

Envirotech Systems IPO (Day 2)

Price Rs. 56 Lot 2000 shares, Rs. 30.24 Crore

QIB NII x RII x Total x Applications
0.00 3.12 11.38 6.36 9,363 (11.38x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Envirotech Systems?

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, it has expanded its capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, it offers cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets. Its comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions

Get more information about the company @ https://www.envirotechltd.com/

Envirotech Systems IPO Details

IPO opens on  13 September 2024
IPO closes on  19 September 2024
Issue Type Book Built Issue IPO
Issue Size 5400000 Shares /
Rs 30.24 Crore
* Fresh Issue 5400000 Shares /
Rs 30.24 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 702000 Shares
Net offer to Public 4698000 Shares/
Rs.26.31 Crore
Face Value per share Rs. 10
Price Band Rs.53-56
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 2349000 26.31
NII  (15%)   704700   3.95
RII  (35%) 1644300   9.21
Total Shares  4698000 26.31
Retail portion will be oversubscribed by  822
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.112000
Min HNI Application  4000 Shares Rs.224000

Who are the Promoters of Envirotech Systems IPO?

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

What are the Objects of Envirotech Systems IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  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

Tentative timetable

IPO opens on 13 September 2024
IPO Closes on 19 September 2024
IPO Allotment on  20 September 2024
Refund Initiation  23 September 2024
Credit of Shares 23 September 2024
Listing on 24 September 2024
Registered Office of the Company
Envirotech Systems Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Who is the Lead Manager of this IPO?
Share India Capital Services Pvt ltd

Who is the Registrar to IPO?
Bigshare Services Limited

Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Envirotech Systems IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 18.50   1.06 0.81 70.81
2022-23 28.75   2.57 1.98 60.96
2023-24  46.88 11.43 8.54 20.90
Book Value of the
Share on 31.03.2024
Rs 14.64    
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 56    

IPO
Key Performance indicators

Price/EPS of 23-24 6.87
Price/BV Ratio
Price/BV after IPO  3.82


How Envirotech Systems IPO
compares with the Peers?

The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials

 

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Envirotech Systems IPO Review

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications.

Size:  Net size of the IPO is Rs.26.31 crore, comprising of 4698000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, the huge oversubscription may not be seen.
Financial Snapshot:
The company has shown sharp rise in its bottom-line in the year prior to the IPO.  
+ from fundamental angle: May Apply.
+ from grey market angle: ?

Quicklinks

Envirotech Systems IPO IPO GMP today allotment, review?

Envirotech Systems IPO IPO GMP grey market premium

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO
?

This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.

When will Envirotech Systems IPO subscription open?

Envirotech Systems IPO opens on September 13, 2024, and closes on September 17, 2024.

What is the lot size of Envirotech Systems IPO?

Envirotech Systems IPO lot size is 2000 Shares, and the minimum amount required is Rs.112000

How to apply for Envirotech Systems IPO?

You can apply in Excellent Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Excellent Wires IPO allotment?

The finalization of Basis of Allotment for Envirotech Systems IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.

When is Envirotech Systems IPO listing date?

Envirotech Systems IPO listing date is September 20, 2024.

Subscription status of Envirotech Systems IPO

Envirotech Systems IPO (Day 2)

Price Rs. 56 Lot 2000 shares, Rs. 30.24 Crore

QIB NII x RII x Total x Applications
0.00 3.12 11.38 6.36 9,363 (11.38x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Envirotech Systems?

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, it has expanded its capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, it offers cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets. Its comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions

Get more information about the company @ https://www.envirotechltd.com/

Who are the Promoters of Envirotech Systems IPO?

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

What are the Objects of Envirotech Systems IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  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 GMP grey market premium, review, Subscription, allotment, listing estimate

Envirotech Systems IPO Review

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications.

Size:  Net size of the IPO is Rs.26.31 crore, comprising of 4698000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, the huge oversubscription may not be seen.
Financial Snapshot:
The company has shown sharp rise in its bottom-line in the year prior to the IPO.  
+ from fundamental angle: May Apply.
+ from grey market angle: ?

Quicklinks

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO
?

This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.

When will Envirotech Systems IPO subscription open?

Envirotech Systems IPO opens on September 13, 2024, and closes on September 17, 2024.

What is the lot size of Envirotech Systems IPO?

Envirotech Systems IPO lot size is 2000 Shares, and the minimum amount required is Rs.112000

How to apply for Envirotech Systems IPO?

You can apply in Excellent Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Excellent Wires IPO allotment?

The finalization of Basis of Allotment for Envirotech Systems IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.

When is Envirotech Systems IPO listing date?

Envirotech Systems IPO listing date is September 20, 2024.

Subscription status of Envirotech Systems IPO

Envirotech Systems IPO (Day 2)

Price Rs. 56 Lot 2000 shares, Rs. 30.24 Crore

QIB NII x RII x Total x Applications
0.00 3.12 11.38 6.36 9,363 (11.38x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Envirotech Systems?

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, it has expanded its capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, it offers cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets. Its comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions

Get more information about the company @ https://www.envirotechltd.com/

Envirotech Systems IPO Details

IPO opens on  13 September 2024
IPO closes on  19 September 2024
Issue Type Book Built Issue IPO
Issue Size 5400000 Shares /
Rs 30.24 Crore
* Fresh Issue 5400000 Shares /
Rs 30.24 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 702000 Shares
Net offer to Public 4698000 Shares/
Rs.26.31 Crore
Face Value per share Rs. 10
Price Band Rs.53-56
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 2349000 26.31
NII  (15%)   704700   3.95
RII  (35%) 1644300   9.21
Total Shares  4698000 26.31
Retail portion will be oversubscribed by  822
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.112000
Min HNI Application  4000 Shares Rs.224000

Who are the Promoters of Envirotech Systems IPO?

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

What are the Objects of Envirotech Systems IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  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

Tentative timetable

IPO opens on 13 September 2024
IPO Closes on 19 September 2024
IPO Allotment on  20 September 2024
Refund Initiation  23 September 2024
Credit of Shares 23 September 2024
Listing on 24 September 2024
Registered Office of the Company
Envirotech Systems Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Who is the Lead Manager of this IPO?
Share India Capital Services Pvt ltd

Who is the Registrar to IPO?
Bigshare Services Limited

Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Envirotech Systems IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 18.50   1.06 0.81 70.81
2022-23 28.75   2.57 1.98 60.96
2023-24  46.88 11.43 8.54 20.90
Book Value of the
Share on 31.03.2024
Rs 14.64    
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 56    

IPO
Key Performance indicators

Price/EPS of 23-24 6.87
Price/BV Ratio
Price/BV after IPO  3.82


How Envirotech Systems IPO
compares with the Peers?

The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials

 

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Envirotech Systems IPO Review

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications.

Size:  Net size of the IPO is Rs.26.31 crore, comprising of 4698000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, the huge oversubscription may not be seen.
Financial Snapshot:
The company has shown sharp rise in its bottom-line in the year prior to the IPO.  
+ from fundamental angle: May Apply.
+ from grey market angle: ?

Quicklinks

Envirotech Systems IPO IPO GMP today allotment, review?

Envirotech Systems IPO IPO GMP grey market premium

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO
?

This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.

When will Envirotech Systems IPO subscription open?

Envirotech Systems IPO opens on September 13, 2024, and closes on September 17, 2024.

What is the lot size of Envirotech Systems IPO?

Envirotech Systems IPO lot size is 2000 Shares, and the minimum amount required is Rs.112000

How to apply for Envirotech Systems IPO?

You can apply in Excellent Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Excellent Wires IPO allotment?

The finalization of Basis of Allotment for Envirotech Systems IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.

When is Envirotech Systems IPO listing date?

Envirotech Systems IPO listing date is September 20, 2024.

What is the latest grey market premium of Envirotech Systems IPO?

 For latest GMP, Click

Subscription status of Envirotech Systems IPO

Envirotech Systems IPO (Day 2)

Price Rs. 56 Lot 2000 shares, Rs. 30.24 Crore

QIB NII x RII x Total x Applications
0.00 3.12 11.38 6.36 9,363 (11.38x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Envirotech Systems?

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, it has expanded its capabilities to include innovative acoustical product design and manufacturing. With over 98 employees and a network of technical experts, it offers cost-effective solutions for various acoustical challenges in industrial, commercial, architectural, and environmental markets. Its comprehensive services encompass research, cost-benefit analysis, and engineering solutions to provide you with the most efficient noise abatement solutions

Get more information about the company @ https://www.envirotechltd.com/

Envirotech Systems IPO Details

IPO opens on  13 September 2024
IPO closes on  19 September 2024
Issue Type Book Built Issue IPO
Issue Size 5400000 Shares /
Rs 30.24 Crore
* Fresh Issue 5400000 Shares /
Rs 30.24 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 702000 Shares
Net offer to Public 4698000 Shares/
Rs.26.31 Crore
Face Value per share Rs. 10
Price Band Rs.53-56
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 2349000 26.31
NII  (15%)   704700   3.95
RII  (35%) 1644300   9.21
Total Shares  4698000 26.31
Retail portion will be oversubscribed by  822
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.112000
Min HNI Application  4000 Shares Rs.224000

Who are the Promoters of Envirotech Systems IPO?

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

What are the Objects of Envirotech Systems IPO?

The Offer comprises of fresh issue of shares.

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  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

Tentative timetable

IPO opens on 13 September 2024
IPO Closes on 19 September 2024
IPO Allotment on  20 September 2024
Refund Initiation  23 September 2024
Credit of Shares 23 September 2024
Listing on 24 September 2024
Registered Office of the Company
Envirotech Systems Limited
A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi – 110043
Who is the Lead Manager of this IPO?
Share India Capital Services Pvt ltd

Who is the Registrar to IPO?
Bigshare Services Limited

Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Envirotech Systems IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 18.50   1.06 0.81 70.81
2022-23 28.75   2.57 1.98 60.96
2023-24  46.88 11.43 8.54 20.90
Book Value of the
Share on 31.03.2024
Rs 14.64    
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 56    

IPO
Key Performance indicators

Price/EPS of 23-24 6.87
Price/BV Ratio
Price/BV after IPO  3.82


How Envirotech Systems IPO
compares with the Peers?

The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials

 

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Envirotech Systems IPO Review

Envirotech Systems Limited is a leading acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications.

Size:  Net size of the IPO is Rs.26.31 crore, comprising of 4698000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, the huge oversubscription may not be seen.
Financial Snapshot:
The company has shown sharp rise in its bottom-line in the year prior to the IPO.  
+ from fundamental angle: May Apply.
+ from grey market angle: ?

Quicklinks

Envirotech Systems IPO IPO GMP today allotment, review?

Envirotech Systems IPO IPO GMP grey market premium

Envirotech Systems IPO FAQs

What is Envirotech Systems IPO
?

This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.

When will Envirotech Systems IPO subscription open?

Envirotech Systems IPO opens on September 13, 2024, and closes on September 17, 2024.

What is the lot size of Envirotech Systems IPO?

Envirotech Systems IPO lot size is 2000 Shares, and the minimum amount required is Rs.112000

How to apply for Envirotech Systems IPO?

You can apply in Excellent Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Excellent Wires IPO allotment?

The finalization of Basis of Allotment for Envirotech Systems IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.

When is Envirotech Systems IPO listing date?

Envirotech Systems IPO listing date is September 20, 2024.

Leave a Reply

Your email address will not be published. Required fields are marked *