Enviro Infra Engineers Limited IPO
Enviro Infra Engineers Limited specializes in the designing, construction, operation, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities and bodies across India. These projects are crucial for addressing urban and rural water management needs and include components such as:
i. Wastewater Treatment Plants (WWTPs)
ii. Water Supply Scheme Projects (WSSPs)
Sustainability Focus
The majority of their STPs and CETPs are equipped with Zero Liquid Discharge (ZLD) compliance, ensuring that treated water can be reused for horticulture, industrial processes, refrigeration, and washing, minimizing water wastage and environmental impact.
Funding and Collaboration
Their projects benefit from substantial funding and support from both central and state governments. Key schemes include:
i. Urban Areas:
a. Atal Mission for Rejuvenation and Urban Transformation (AMRUT): Supports urban infrastructure development, including WWTPs and WSSPs.
b. National Mission for Clean Ganga (NMCG): Focuses on rejuvenating the Ganga River through water treatment initiatives.
ii. Rural Areas:
a. Jal Jeevan Mission (JJM): Ensures access to safe and adequate drinking water in rural areas.
Project Delivery Models
They execute projects through:
i. Engineering, Procurement, and Construction (EPC): Traditional contracting model where they handle end-to-end project delivery.
ii. Hybrid Annuity Model (HAM): A model that blends EPC and public-private partnership (PPP) structures for shared risk and investment.
Competitive Edge
Their combination of government-backed funding, in-house expertise, and sustainable project designs positions them as a leader in water and wastewater infrastructure. By leveraging innovative technologies and government initiatives, they aim to contribute to India’s water management goals while ensuring environmental sustainability and public welfare.
Objects of the Enviro Infra Engineers Limited IPO:
Enviro Infra Engineers Limited IPO Details:
Open Date: | Nov 22 2024 |
Close Date: | Nov 26 2024 |
Total Shares: | 43,948,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 650.43 Cr. |
Lot Size: | 101 Shares |
Issue Price: | ₹ 140 - 148 Per Equity Share |
Listing At: | NSE,BSE |
Listing Date: | Nov 29 2024 |
Promoters And Management:
Financials of Enviro Infra Engineers Limited IPO:
Particulars | For 3MFY2024 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
Revenue | 205.18 | 728.91 | 338.10 | 223.52 |
EBITDA | 51.28 | 169.32 | 81.68 | 50.02 |
EBITDA Margin | 24.99% | 23.22% | 24.15% | 22.37% |
PAT | 29.96 | 108.56 | 55.33 | 34.54 |
PAT Margins | 14.60% | 14.89% | 16.36% | 15.45% |
CFOA | (103.41) | (69) | 101.08 | 41.59 |
Cash Conversion Ratio (OCF/EBITDA) | Negative | Negative | 123.75% | 83.14% |
Comparison With Peers:
Companies ( fig. in cr) | Revenue | EBITDA | PAT | D/E Ratio | MCap | P/E |
Enviro Infra Engineers (FY 2024) | 728 | 169 (23.22%). | 108 (14.89%) | 0.80 | 2598 | 23.93 |
EMS Limited (TTM) | 885 | 233 (26.32%) | 172 (19.43%). | 0.09 | 4,202. | 24.40 |
ION Exchange Limited (TTM) | 2,548 | 295 (11.57%) | 215 (8.43%) | 0.20 | 9,514 | 44.20 |
Va Tech Wabag Limited (TTM) | 2,965 | 387 (13.05%) | 266 (8.97%) | 0.22 | 10,566 | 40.60 |
Vishnu Prakash R Punglia Limited (TTM) | 1,491 | 221 (14.82%) | 123 (8.25%) | 0.74 | 3,481 | 28.30 |
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Applied along with friends and family, not allotted. Will buy on listing for long term relationship
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