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Open
13 Sep 2024
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Close
19 Sep 2024
3
Allotment
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Listing
Tue, Sep 24, 2024
Price Band
₹53 to ₹56
Issue Size
54,00,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Sep 24, 2024
Latest GMP
₹47
Est. Gain
83.93%
✦ AI Insight
GMP Trend
24-09-2024₹47Est. ₹103+83.93%
23-09-2024₹47Est. ₹103+83.93%
22-09-2024₹47Est. ₹103+83.93%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 64.33x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 38.67 | 22.76 | 13.87 |
| Total Income | 46.88 | 28.75 | 18.50 |
| Profit After Tax | 11.43 | 2.57 | 1.06 |
| NET Worth | 19.61 | 6.62 | 4.04 |
| Reserves and Surplus | 6.22 | 6.12 | 3.54 |
| Total Borrowing | 2.41 | 2.61 | 2.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shubhshree Biofuels Energy Ltd. | SME | ₹16.56 Cr | ₹119 | 13.89 | ₹198.45 | +66.76% | ₹341.00 (+0.00%) |
| Aeron Composite Ltd. | SME | ₹56.10 Cr | ₹125 | 23.69 | ₹157.50 | +26.00% | ₹81.70 (-1.27%) |
| Associated Coaters Ltd. | SME | ₹5.11 Cr | ₹121 | 20.72 | ₹134.90 | +11.49% | ₹92.00 (+0.00%) |
| Aimtron Electronics Ltd. | SME | ₹87.02 Cr | ₹161 | 27.13 | ₹253.05 | +57.17% | ₹1,383.75 (-0.41%) |
| Vilas Transcore Ltd. | SME | ₹95.26 Cr | ₹147 | 13.12 | ₹225.75 | +53.57% | ₹383.60 (+3.10%) |
| Storage Technologies & Automation Ltd. | SME | ₹29.95 Cr | ₹78 | 48.45 | ₹153.05 | +96.22% | ₹39.70 (+3.93%) |
| Creative Graphics Solutions India Ltd. | SME | ₹54.40 Cr | ₹85 | 17.59 | ₹176.25 | +107.35% | ₹133.05 (-2.42%) |
| Gabriel Pet Straps Ltd. | SME | ₹8.06 Cr | ₹101 | 35.94 | ₹120.75 | +19.55% | ₹108.30 (-5.00%) |
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹227.00 (+2.18%) |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹41.32 (-0.41%) |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹109.00 (+1.87%) |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹1,994.40 (+1.76%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase Land and Building for setting up factory | 12.00 |
| 2 | Funding of working capital requirements of the Company | 8.00 |
| 3 | General Corporate Expenses |
About Envirotech Systems IPO
Founded in 2007, Envirotech Systems Limited manufactures noise measurement and control solutions for industrial and commercial applications. Envirotech Systems specializes in the design and supply of custom enclosures for noise reduction in machinery and mechanical equipment, suitable for both indoor and outdoor applications. The company's product list includes Noise Test Booth, Engine Test Room Acoustics, Anechoic & Semi-anechoic Chamber, Acoustic Enclosure, Envirotech Noise Barriers, Poly Carbonate Noise Barriers, Metallic Noise Barrier, Echo Barrier, Acoustic Louvers, And Envirotech Metal Doors. The company offers its services across India and has a track record of successful projects in industries such as oil and gas, manufacturing, power generation, cement and steel, automotive and construction. Competitive Strengths: Early entry into the Acoustic Insulation sector has given the company a distinct competitive advantage. The promoters have more than two decades of valuable experience in the industry, giving the company an in-depth understanding of market dynamics. An accomplished technical team with a wealth of experience in project execution ensures competent project execution
Contact Details
Envirotech Systems Ltd. AddressA-29, Block-AShyam Vihar Phase-INew Delhi, New Delhi, 110043+0120-4337633cs@envirotechltd.comVisit Website