Envirotech Systems IPO GMP, Review, Price, Allotment

Last updated on September 16, 2024

Envirotech Systems IPO description – Incorporated in 2007, Envirotech Systems is a leading manufacturer of acoustic products, specializing in noise measurement and control solutions for industrial and commercial applications. Envirotech Systems specializes in designing and supplying custom enclosures for noise reduction in machinery and mechanical equipment, suitable for both indoor and outdoor use. The company’s product range includes Noise Test Booths, Engine Test Room Acoustics, Anechoic and Semi-Anechoic Chambers, Acoustic Enclosures, Envirotech Noise Barriers, Polycarbonate Noise Barriers, Metallic Noise Barriers, Echo Barriers, Acoustic Louvers, and Envirotech Metal Doors.

The company provides its services across India and has a proven track record of successful projects in industries such as oil and gas, manufacturing, power generation, cement and steel, automotive, and construction. As of 2 September 2024, the company employs over 98 people.

Promoters of Envirotech Systems – Mr. Manoj Kumar Gupta, and Ms. Sindhu Gupta

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Envirotech Systems IPO Details

Envirotech Systems IPO Dates	13 – 19 September 2024
Envirotech Systems Issue Price	INR 53 – 56 per share
Fresh issue	54,00,000 shares (INR 28.62 – 30.24 crore)
Offer For Sale	NIL
Total IPO size	54,00,000 shares (INR 28.62 – 30.24 crore)
Minimum bid (lot size)	2,000 shares (INR 1,12,000)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE EMERGE

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Envirotech Systems Financial Performance

	FY 2022	FY 2023	FY 2024
Revenue	17.52	27.15	45.02
Expenses	17.06	25.22	31.28
Net income	1.06	2.57	11.43

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Envirotech Systems Offer News

• Envirotech Systems RHP
• Envirotech Systems Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• Highest SME IPO Subscription in 2024

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Envirotech Systems Valuations & Margins

	FY 2022	FY 2023	FY 2024
EPS	0.81	1.98	8.54
PE ratio	–	–	6.21 – 6.56
RONW (%)	26.14	38.89	58.29
NAV	3.11	5.09	14.64
ROCE (%)	27.39	29.77	62.43
EBITDA (%)	10.85	14.33	35.90
Debt/Equity	1.33	1.38	0.46

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Envirotech Systems IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
Coming soon	–	–	–

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Envirotech Systems IPO Subscription – Live Updates

The market maker reservation portion of 7,02,000 shares and anchor allocation of 14,06,000 shares are not included in the above calculations.

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Envirotech Systems IPO Allotment Status

Envirotech Systems IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

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Envirotech Systems IPO Dates & Listing Performance

IPO Opening Date	13 September 2024
IPO Closing Date	19 September 2024
Finalization of Basis of Allotment	20 September 2024
Initiation of refunds	23 September 2024
Transfer of shares to demat accounts	23 September 2024
IPO Listing Date	24 September 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

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Envirotech Systems Offer Lead Manager

SHARE INDIA CAPITAL SERVICES PVT. LTD.
A-15, Sector-64, Noida
–201301, Uttar Pradesh, India
Phone: +91-0120-4910000
Email: [email protected]
Website: www.shareindia.com

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Envirotech Systems Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com

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Envirotech Systems Issue Contact Details

ENVIROTECH SYSTEMS LIMITED
B1a 19 1st Flr, Sec 51 Noida,
Uttar Pradesh, India, 201301
Phone: 0120-4337633 / 4337439
E-mail: [email protected]
Website: www.envirotechltd.com

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