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Open
5 Jul 2024
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Close
9 Jul 2024
3
Allotment
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Listing
Fri, Jul 12, 2024
Price Band
₹78 to ₹82
Issue Size
62,52,800 shares (agg. up to ₹51 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Jul 12, 2024
Latest GMP
₹143
Est. Gain
174.39%
✦ AI Insight
GMP Trend
12-07-2024₹143Est. ₹225+174.39%
11-07-2024₹143Est. ₹225+174.39%
10-07-2024₹128Est. ₹210+156.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 221.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 83.03 | 64.79 | 46.48 |
| Total Income | 145.51 | 115.41 | 104.62 |
| Profit After Tax | 13.80 | 5.13 | 4.60 |
| NET Worth | 37.15 | 23.56 | 18.43 |
| Reserves and Surplus | 19.32 | 21.23 | 16.10 |
| Total Borrowing | 14.06 | 16.23 | 10.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GEM Enviro Management Ltd. | SME | ₹44.93 Cr | ₹75 | 15.76 | ₹149.62 | +99.49% | ₹37.05 (+0.68%) |
| Z-Tech (India) Ltd. | SME | ₹37.30 Cr | ₹110 | 13.27 | ₹105.00 | -4.55% | ₹576.65 (+2.84%) |
| Organic Recycling Systems Ltd. | SME | ₹50.00 Cr | ₹200 | 25.54 | ₹225.75 | +12.88% | ₹230.65 (+0.33%) |
| Hi-Green Carbon Ltd. | SME | ₹52.80 Cr | ₹75 | 13.13 | ₹80.85 | +7.80% | ₹134.85 (-2.78%) |
| EMS Ltd. | Mainboard | ₹321.25 Cr | ₹211 | null | ₹279.90 | +32.65% | ₹433.00 (-1.83%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the company; | 33.00 |
| 2 | Funding of capital expenditure requirements of the company towards purchase of new office Equipments; | 0.41 |
| 3 | General corporate purposes; | 4.91 |
About Effwa Infra IPO
Effwa Infra & Research Limited was founded in 2014 and provides engineering, consulting, procurement, construction and integrated project management services in the field of water pollution control, covering wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants. In addition, the company offers project organization, management, procurement, financing, and implementation as a consultant and expert. The focus is on ensuring environmentally friendly waste processing practices, including the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP) and Hazardous Waste Management. Infrastructure for the water management project includes design of the project, construction and procurement of raw materials including installation of wells including pump houses, laying of pipelines, electro-mechanical works, execution on site with overall project management till commissioning of the projects. The company offers its services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh
Contact Details
Effwa Infra & Research Ltd. AddressG.No.7, Vardhman Industrial ComplexLal Bahadur Shastri MargGokul NagarThane, Maharashtra, 400601+ 91 9833850052investor@effwa.co.inVisit Website