Effwa Infra & Research Limited IPO is set to launch on 5 July, 2024. The company initiated its business operations in the year 2014. It is engaged in the business of consulting, providing, construction, procurement and integrated project management services in the water pollution control field. The services of the company also includes covering wastewater and industrial effluent treatment, aeration systems, solid waste treatment and disposal, water treatment plants and hazardous waste management. Its services are offered in states like Chhattisgarh, Andhra Pradesh, Gujarat, Odisha, Maharashtra, West Bengal, Rajasthan, Madhya Pradesh etc.it has an employee base of 118 people.
Effwa Infra & Research Limited IPO : Key Details
Effwa Infra & Research Limited IPO is set to launch on 5 July, 2024. The subscription timeline extends till 9 July, 2024. The size for the IPO is Rs. 51.27 Crore. The IPO offers fresh issues worth Rs 43.60 Crore. Shares offered through offer for sale are worth Rs 7.68 Crore. The lot size is 1600 shares and the price is Rs. 78 to Rs 82 per share. The company is going to get listed at NSE SME Board. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is BigShare Services Private Limited..
Tabular Description of Effwa Infra & Research Limited IPO
| IPO OPENING DATE | 5 July, 2024 |
| CLOSING DATE FOR IPO | 9 July, 2024 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | Rs. 10 per share |
| IPO price band | Rs. 78 to Rs 82 per share |
| LOT SIZE | 1600 shares |
| MINIMUM ORDER QUANTITY | 1600 shares |
| ISSUE SIZE | Rs. 51.27 Crore |
| OFFER FOR SALE | Rs 7.68 Crore |
| FRESH ISSUE | Rs. 43.60 Crore |
| LISTING AT | NSE SME Board |
| LISTING DATE | 12 July, 2024 |
Effwa Infra & Research Limited IPO: IMPORTANT DATES
| IPO OPENING DATE | 5 July, 2024 |
| CLOSING DATE FOR IPO | 9 July, 2024 |
| IPO ALLOTMENT DATE | 10 July, 2024 |
| REFUNDS | 11 July, 2024 |
| DEMAT A/C CREDITED ON | 11 July, 2024 |
| IPO LISTING DATE | 12 July, 2024 |
Effwa Infra & Research Limited IPO begins for subscription from 5 July, 2024. The IPO subscription would continue till 9 July, 2024. The allotment status for the shareholders who applied would come on 10 July, 2024. The refunds for the ones who did not get allotment would be initiated on 11 July, 2024. The DEMAT accounts of shareholders would be credited on 11 July, 2024. The listing of the company would be completed on 12 July, 2024.
Effwa Infra & Research Limited IPO: Lead Managers
The lead managers are :
- Shreni Shares Limited
The minimum and maximum lot size for retail investors is 1600 shares, amounting to Rs. 131200. The minimum lot size for HNI is 3200 shares, amounting to Rs. 262400.
| Lots | Shares | Amount | |
| Retail (Minimum) | 1 | 1600 shares | Rs.131200 |
| Retail (Maximum) | 1 | 1600 shares | Rs.131200 |
| HNI (Minimum) | 2 | 3200 shares | Rs.262400 |
OBJECTIVES FOR THE IPO
- To meet the working capital requirements of the company
- To meet the capital expenditure of the company
- General Corporate Expenses
COMPANY FINANCIALS
| Particularly (in Rs. Lakhs) | 2021-22 | 2022-23 | 2023-24 | |
| Asset | 4648 | 6478 | 8302 | |
| Revenue | 10461 | 11541 | 14551 | |
| PAT | 459 | 513 | 1380 |
Effwa Infra & Research Limited had an asset base of 4648 Lakh Rs in the year 2022 which boosted to 6478 Lakh Rs in the year 2023. The asset base of the company was at 8302 lakh rs in the year 2024. The revenue of the firm was at 10461 Lakh Rs in the year 2022. This increased to 11541 Lakh Rs in the year 2023. The revenue of the firm boosted to 14551 Lakh Rs in the year 2024. The profit of the firm was at 459 Lakh Rs in the year 2022. The profit increased to 513 Lakh Rs in the year 2023. However in the year 2024 the profit boosted to 1380 Lakh Rs.
PROS
- The services of the company also includes covering wastewater and industrial effluent treatment, aeration systems, solid waste treatment and disposal, water treatment plants and hazardous waste management.
- Its services are offered in states like Chhattisgarh, Andhra Pradesh, Gujarat, Odisha, Maharashtra, West Bengal, Rajasthan, Madhya Pradesh etc.it has an employee base of 118 people.
Effwa Infra & Research Limited IPO Application Process with Zerodha
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
- Click the Effwa Infra & Research Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
