Effwa Infra IPO Details ( Effwa Infra & Research Limited IPO Review )
(5 July 2024 – 9 July 2024)
Effwa Infra & Research Limited, founded in 2014, specializes in engineering, consulting, procurement, construction, and project management services for water pollution control. The company focuses on wastewater and industrial effluent treatment, solid waste management, aeration systems, hazardous waste management, and water treatment plants.
Effwa offers comprehensive project services including organization, management, procurement, financing, and implementation, ensuring environmentally friendly practices. Their expertise includes Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), Water Treatment and Distribution (WTP), and Hazardous Waste Management.
Their infrastructure services cover project design, construction, procurement of raw materials, installation of wells and pump houses, pipeline laying, electro-mechanical works, and overall project management until commissioning.
Effwa operates in Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, as well as in Special Economic Zones like Adani Ports, and internationally.
As of March 31, 2024, Effwa has completed over 45 water management projects for public sector undertakings, municipal corporations, state governments, and private companies.
The company employs over 118 people, including 12 engineers specializing in planning, design, and construction of wastewater treatment and recycling systems, with a focus on zero discharge systems and water transport. Additionally, 76 engineers work in civil, mechanical, and electrical engineering, instrumentation and automation, piping, safety, and quality control.
Effwa Infra & Research Limited IPO Competitive Strength
- Established track record for timely execution
- Our Order Book
- Complete water solutions provider
- In-house expertise in designing and engineering of water management infrastructure projects
- Lower investments and capital expenditure in our projects due to our outsourcing model
- Experienced Promoter and management team
- Use of advanced technologies
- Brand Acceptance for Equipments & Services
Effwa Infra IPO Financials Performance ( Results )
Effwa Infra & Research Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-22 | 4,648.21 | 10,461.67 | 459.99 | 1,842.85 | 1,610.28 | 1,026.11 |
| 31-Mar-23 | 6,478.54 | 11,541.36 | 513.04 | 2,355.89 | 2,123.32 | 1,623.01 |
| 31-Mar-24 | 8,302.83 | 14,551.46 | 1,380.06 | 3,715.05 | 1,932.01 | 1,406.44 |
Objective of Effwa Infra IPO Issue
- Funding working capital requirements of the company;
- Funding of capital expenditure requirements of the company towards the purchase of new office Equipment; and
- General corporate purposes.
Effwa Infra IPO Basic Details
| IPO Date | July 5, 2024 to July 9, 2024 |
| Listing Date | Friday, July 12, 2024 |
| Face Value | ₹10 per share |
| Price | ₹78 to ₹82 per share |
| Lot Size | 1600 shares |
| Issue Size | 6,252,800 shares of ₹10 (aggregating up to ₹51.27 Cr) |
| Fresh Issue | 5,316,800 shares of ₹10 (aggregating up to ₹43.60 Cr) |
| Offer for Sale | 936,000 shares of ₹10 (aggregating up to ₹7.68 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,830,367 |
| Share holding post issue | 23,147,167 |
| Company Promoters | Dr. Varsha Subhash Kamal and Mr. Subhash Ramavtar Kamal |
Effwa Infra IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Effwa Infra & Research IPO Timetable
Effwa Infra & Research IPO will open on July 5, 2024 and close on July 9, 2024. You can join Effwa Infra & Research IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 5 July 2024 (Friday) |
| Closing Date | 9 July 2024 (Tuesday) |
| Basis of Allotment | 10 July 2024 (Wednesday) |
| Initiation of Refunds | 11 July 2024 (Thursday) |
| Credit of Shares to Demat | 11 July 2024 (Thursday) |
| Listing Date | 12 July 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 9 July 2024 |
Effwa Infra IPO Lot Size
For retail investors in Effwa Infra IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹131,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹131,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹131,200 |
| Retail (Max) | 1 | 1600 | ₹131,200 |
| S-HNI (Min) | 2 | 3200 | ₹262,400 |
Effwa Infra IPO Promoter Holding
The company’s promoters include Dr. Varsha Subhash Kamal and Mr. Subhash Ramavtar Kamal.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.99% |
Effwa Infra & Research Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 189.81 |
| Earning Per Share (EPS) | ₹7.74 per Equity Share |
| Net Asset Value (NAV) | ₹20.84 per Equity Share |
| P/E Ratio (P/E) (x) | 10.59 |
| Post P/E Ratio (P/E) (x) | 13.75 |
| Return on Net Worth (RoNW) (%) | 37.15 |
| Return on equity (ROE) (%) | 45.46 |
| Return on Capital Employed (ROCE) (%) | 40.99 |
| Debt/Equity Ratio | 0.38 |
| Price/Book Value Ratio | 3.93 |
Effwa Infra IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹70 | – | – |
| 2 July 2024 | ₹70 | – | – |
Effwa Infra IPO Detail Video:
No Link Available
Effwa Infra IPO Subscription Status (Bidding Detail)
The Effwa Infra IPO on July 9, 2024 at 6:19:55 PM was subscribed 313.65 times, with the retail category being subscribed 323.81 times, the NII (Non-Institutional Investor) category being subscribed 477.27 times, QIB (Qualified-Institutional Buyers) category being subscribed 166.56 times.
| Category | Subscription |
| QIB | 166.56x |
| NII | 477.27x |
| Retail | 323.81x |
| Total | 313.65x |
Effwa Infra IPO Prospectus
| Effwa Infra IPO DRHP | Download |
| Effwa Infra IPO RHP | Download |
| Effwa Infra IPO Anchor Investors Details PDF | Download |
Effwa Infra IPO Rating
| Our Rating | 3.5/5.0 |
Effwa Infra Company Contact Information
Effwa Infra & Research Limited
Registered Office: G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601, Maharashtra, India
Telephone: + 91 9833850052
Email: investor@effwa.co.in
Website: www.effwa.co.in
Contact Person: Mr. Dhaval H Mirani, Company Secretary and Compliance Officer
The Promoters of Our Company Are Dr. Varsha Subhash Kamal and Mr. Subhash Ramavtar Kamal
Effwa Infra IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali CavesRoad, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration No.: INR000001385
Effwa Infra IPO Lead Manager
Shreni Shares Limited (Formerly Known as Shreni Shares Private Limited)
Registered Office: No. 217, Hive 67 Icon, Poisar Gymkhana Road, Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West, Mumbai – 400067, Maharashtra, India.
Telephone: 022 – 2089 7022
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Contact Person: Ms. Tanya Goyal
Website: www.shreni.in
SEBI Registration Number: INM000012759
Effwa Infra IPO FAQs
What is the lot size of Effwa Infra IPO?
The total size of Effwa Infra IPO is ₹51.27 crores out of which ₹ crores is fresh issue and ₹ crores is offer for sale (OFS).
When will Effwa Infra IPO start?
Effwa Infra IPO will open from 5 July 2024 and IPO will close on 9 July 2024.
What is the open date of Effwa Infra IPO?
Effwa Infra IPO will open date from 5 July 2024.
What is the last date ( close date ) of Effwa Infra IPO?
Effwa Infra IPO will close from 9 July 2024.
What is the price band of Effwa Infra IPO?
Effwa Infra IPO price band is ₹78 to ₹82. ( Upper Price Band: ₹82, Lower Price Band: ₹78 )
What is the minimum amount required to apply for Effwa Infra IPO?
The minimum investment for retailers to apply for Effwa Infra IPO is ₹131,200 and the maximum investment is ₹131,200.
What is going on gray market premium of Effwa Infra IPO?
View gray market premium of Effwa Infra IPO by Clicking Here
How much is the GMP of Effwa Infra IPO?
Watch Effwa Infra IPO GMP Today: Click Here
What is the allotment date of Effwa Infra IPO?
The allotment date of Effwa Infra IPO is 10 July 2024.
How to check allotment status in Effwa Infra IPO?
To check the allotment status of Effwa Infra IPO, first of all go to the registrar website by clicking here, select your bad Effwa Infra IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Effwa Infra IPO?
The listing date of Effwa Infra IPO is 12 July 2024.
How much will be the listing gain in Effwa Infra IPO?
View listing gain of Effwa Infra IPO by Clicking Here
How much time Effwa Infra IPO is subscribed?
Total 313.65 times subscribed in Effwa Infra IPO out of which 323.81 times subscription was done in retail quota, 477.27 times subscription in NII quota and 166.56 times subscription in QIB quota.
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