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
Table of Contents
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 |
Envirotech Systems Financial Performance
| Â | 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 |
Envirotech Systems Offer News
- Envirotech Systems RHP
- Envirotech Systems Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
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 |
Envirotech Systems IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 23 September 2024 | 32 | – | 52,000 |
| 20 September 2024 | 25 | – | 40,000 |
Envirotech Systems IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 9,40,000 | 7,06,000 | 16,46,000 | 32,92,000 |
| 19 Sep 2024 | 68.12 | 188.14 | 64.16 | 91.88 |
| 18 Sep 2024 | 3.07 | 13.84 | 34.26 | 20.98 |
| 17 Sep 2024 | 3.07 | 9.12 | 23.18 | 14.42 |
| 16 Sep 2024 | 0.00 | 5.55 | 14.10 | 8.24 |
| 13 Sep 2024 | 0.00 | 2.29 | 4.19 | 2.59 |
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.
Envirotech Systems IPO Allotment Status
Envirotech Systems IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
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 | INR 106.40 per share (up 90%) |
| Closing Price on NSE SME | INR 111.70 per share (up 99.46%) |
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:Â [email protected]
Website:Â www.shareindia.com
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:Â [email protected]
Website:Â www.bigshareonline.com
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
IPO FAQs
What is Envirotech Systems’ offer size?
Envirotech Systems’ offer size is INR 28.62 – 30.24 crores.
What is Envirotech Systems IPO price band?
Envirotech Systems public offer price is INR 53 – 56 per share.
What is the lot size of Envirotech Systems Offer?
Envirotech Systems offer lot size is 2,000 shares.
What is Envirotech Systems IPO GMP today?
Envirotech Systems IPO GMP today is INR 32 per share.
What is Envirotech Systems kostak rate today?
Envirotech Systems kostak rate today is INR NA per application.
What is Envirotech Systems Subject to Sauda rate today?
Envirotech Systems is Subject to Sauda rate today is INR 52,000 per application.
