effwa infra ipo

Effwa Infra & Research IPO

  • Status: Closed
  • RHP:
  • ₹ 124,800 / 1600 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    12 Jul 2024

  • Listing Price

    ₹ 155.80

  • Listing Change

    inf%

  • Last Traded Price

    ₹ 235.00

IPO Details

  • Open Date

    05 Jul 2024

  • Close Date

    09 Jul 2024

  • IPO Price Range

    ₹ 78 to ₹82

  • IPO Size

    ₹ 51.27 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    12 Jul 2024

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Effwa Infra & Research IPO Subscription Status

Last Updated: 10 July 2024 10:34 AM by 5Paisa

Last Updated: 9th July 2024, 17:48 PM by 5paisa

Effwa Infra & Research IPO is set to open on 5 July 2024 and will close on 9 July 2024. The company offers engineering, consulting, procurement, construction, and integrated project management services for water pollution control, including wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment facilities.

The IPO includes a fresh issue of 5,316,800 shares aggregating up to ₹43.60 Cr and an offer for sale of 936,000 shares of ₹10 aggregating up to ₹7.68 Cr. The price range is ₹78-₹82 per share and the lot size is 1600 shares. 

The allotment is scheduled to be finalized on 10 July 2024. It will go public on NSE SME, with a tentative listing date of 12 July 2024.

Shreni Shares Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar. 

Objectives Of Effwa Infra & Research IPO

Funding working capital requirements of the company.
Funding of capital expenditure requirements of the company towards the purchase of new office Equipment.
General corporate purposes.
 

Effwa Infra & Research IPO Size

Types Size (₹Cr)
Total IPO size 51.27
Offer for sale 43.60
Fresh issue 7.68

Effwa Infra & Research IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 ₹131200
Retail (Max) 1 1600 ₹131200
S-HNI (Min) 2 3,200 ₹262400

Effwa Infra & Research IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)
QIB 166.56 1,168,000 19,45,47,200 1,595.29
NII (HNI) 477.27 920,000 43,90,92,800 3,600.56
Retail 323.81 2,091,200 67,71,55,200 5,552.67
Total 313.65 4,179,200 1,31,07,95,200 10,748.52

Effwa Infra & Research IPO Anchor Allocation

Anchor Bid Date 4 July 2024
Total no. of shares offered 17,48,800
Portion Size for Anchor Investors 14.34 Cr.
Lock in Period for 50% shares (30 days) 9 August 2024
Lock in Period for rest of shares (90 days) 8 October 2024

Established in 2014, Effwa Infra & Research Limited offers a range of services related to water pollution control, including engineering, consulting, procurement, construction, and integrated project management. These services encompass solid waste treatment and disposal, aeration systems, hazardous waste management, wastewater and industrial effluent treatment, and water treatment plants.

The business also provides consulting and expert services for project organization, management, procurement, finance, and execution. Assuring ecologically safe waste processing procedures is the main goal. This includes managing hazardous waste management, sewage treatment and remediation, water treatment and distribution, and effluent treatment plants (ETP).

The water management project's infrastructure consists of the following: project design, construction, and raw material procurement, as well as the installation of wells and pump houses, pipeline laying, electro-mechanical works, on-site execution, and overall project management through project commissioning.

The firm provides services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, as well as the Special Economic Zone, which comprises Adani Ports, and the international market.

Peer Comparison

Ems Limited
Va Tech Wabag Ltd

For More Information
Webstory on Effwa Infra & Research IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY24 FY23 FY22
Revenue from operations 145.51 115.41 104.61
EBITDA 13.80     5.13 4.59
PAT 18.81 7.02 6.05
Particulars (in Rs. Crores) FY24 FY23 FY22
Total Assets 8302.83 6478.54 4648.21
Share Capital 17.83 2.33 2.33
Total Borrowings 1406.44 1623.01 1026.11
Particulars (in Rs. Crores) FY24 FY23 FY22
Net cash generated from / (used in) operating activities 5.12 -4.67 4.46
Net cash from / (used in) investing activities -0.90 -2.40 -3.68
Net cash flow from / (used in) financing activities -4.16 4.00 0.55
Net increase (decrease) in cash and cash equivalents 0.06 -3.06 0.45


Strengths

1. Established a track record for prompt implementation.
2. Order book.
3. Complete water solution supplier.
4. We have in-house competence in developing and engineering water management infrastructure projects.
5. Our outsourcing methodology has resulted in lower project investments and capital expenditures.
6. Experienced Promoter and Management Team.
7. Advanced technologies are used in building and installation.
 

Risks

1. Delays in completion of its current and future projects and time overrun could have adverse effects.
2. Majority of its revenue comes from a limited number of clients.
3. Depends on various third parties, including its contractors and independent service provider.
4. Certain outstanding litigation
 

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FAQs

Effwa Infra & Research IPO opens from 5th July to 9th July 2024.

The size of Effwa Infra & Research IPO is ₹51.27 Cr.
 

The price band of Effwa Infra & Research IPO is fixed at ₹78 to ₹82 per share. 
 

To apply for Effwa Infra & Research IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for Effwa Infra & Research IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Effwa Infra & Research IPO is 1600 shares and the investment required is ₹1,31,200.
 

The share allotment date of Effwa Infra & Research IPO is 10th July 2024
 

The Effwa Infra & Research IPO will be listed on 12th July 2024.
 

Shreni Shares Limited is the book-running lead manager for Effwa Infra & Research IPO.
 

Effwa Infra & Research plans to utilize the raised capital from the IPO to:

Funding working capital requirements of the company
Funding of capital expenditure requirements of the company towards the purchase of new office Equipment
General corporate purposes.