A-29, Block-A,
Shyam Vihar Phase-I,
New Delhi - 110043
Phone: +0120-4337633
Email: cs@envirotechltd.com
Website: https://www.envirotechltd.com/
Last updated on 19-Sep-2024 17:01:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 940000 | 64030000 | 68.12 |
| NIB | 706000 | 132826000 | 188.14 |
| RETAIL | 1646000 | 105614000 | 64.16 |
| Total | 3292000 | 302470000 | 91.88 |
| Retail Apps | 52807 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹14.14 | @8% ₹16.16 | @9% ₹18.19 | @10% ₹20.21 | @11% ₹22.23 | @12% ₹24.25 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 112000 | 823 |
| HNI | 2 | 4000 | 224000 | 353 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 30.48% | 1646000 |
| NII (HNI) | 13.07% | 706000 |
| Anchor | 26.04% | 1406000 |
| QIB | 17.41% | 940000 |
| Market Maker | 13.00% | 702000 |
| Total | 100.00% | 5400000 |
Envirotech Systems IPO Details
| Issue Size | 5,400,000 shares (aggregating up to ₹30.24 Cr) |
| Fresh Issue | 5,400,000 shares (aggregating up to ₹30.24 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 13,390,000 |
| Share holding post issue | 18,790,000 |
| Market Maker portion | 702,000 shares Share India Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 58.29% | 38.89% | 26.14% |
| ROCE | 62.43% | 29.77% | 27.39% |
| RONW | 58.29% | 38.89% | 26.14% |
| D/E | 0.46 | 1.38 | 1.33 |
| EPS (basic) | 8.54 | 1.98 | 0.81 |
| P/E Pre IPO | 6.56 | ||
| P/E Post IPO | 9.21 |
Financial Statement (Restated)
Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 3,867.47 | 2,275.73 | 1,386.51 | |||||||||||||||||||||||||||
| Revenue | 4,687.95 | 2,874.78 | 1,849.54 | |||||||||||||||||||||||||||
| Profit | 1,142.88 | 257.34 | 105.73 | |||||||||||||||||||||||||||
| Net Worth | 1,960.62 | 661.73 | 404.4 | |||||||||||||||||||||||||||
| Reserves | 621.62 | 611.73 | 354.4 | |||||||||||||||||||||||||||
| Borrowing | 240.5 | 260.67 | 276.61 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Company
Founded in 2007, Envirotech Systems Limited specializes in noise measurement and control solutions for industrial and commercial applications, offering products like Noise Test Booths, Acoustic Enclosures, and Noise Barriers. Serving industries such as oil and gas, manufacturing, and power generation, the company benefits from its early entry into the acoustic insulation sector, backed by over two decades of experience from its promoters. With a focus on R&D, certified products, and strategic partnerships, Envirotech ensures innovative and reliable solutions. The company employs over 98 people and maintains a strong market presence across India.
Strength
Experienced Promoters and Management: Over two decades of industry expertise, providing deep market insight and leadership.
Quality Assurance: Rigorous testing and government certifications ensure high reliability and standards across all products.
Strong Client Relationships: Established ties with diverse industries, reinforcing trust and a consistent customer base.
Weakness
Ongoing Legal Proceedings: Involvement in legal cases could adversely impact the company’s operations and financial condition.
Promoter Loan Default: A promoter’s default on a personal loan could affect the company’s reputation and financial stability.
Unowned Registered Office: Operating from a non-owned office may pose risks related to stability and operational continuity.