Effwa Infra & Research Limited IPO : Important Dates

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 :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Effwa Infra & Research Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. 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.