Envirotech Systems IPO
Envirotech Systems Ltd
₹1,06,000 /2000 sharesMinimum Investment
Envirotech Systems IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹56.00 | ₹106.40 | ₹50.40 (90.00%) |
Envirotech Systems IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
13 Sep ‘24 - 19 Sep ‘24 | ₹1,06,000 | 2,000 | ₹53 - ₹56 |
Qualified Institutional Buyers | 0.00x |
Non-Institutional Investor | 0.00x |
Retail Individual Investor | 0.00x |
Total | 49.06x |
Envirotech Systems Limited is a manufacturer of acoustic products. The company’s primary activity is noise measurement and control for industrial and commercial settings. The company’s services include research, cost-benefit analysis, and engineering solutions, which are aimed at providing noise reduction strategies. The company’s product line consists of acoustic enclosures, noise test booths, engine test room acoustics, anechoic and semi-anechoic chambers, noise barriers made from polycarbonate or metal, echo barriers, acoustic louvres, and metal doors.;
Managing director
Mr. Manoj Kumar Gupta
Parent organisation
Envirotech Systems Ltd
Strengths & Financials of Envirotech Systems
The company offers its services pan-India.
The company claims to ensure quality through trained inspectors who oversee both product quality and final delivery.
The company claims to operate advanced manufacturing facilities that handle carbon steel, stainless steel, and alloy steel, using materials like rock wool and multiple sound-dampening and absorbing materials.
The company has completed projects in various industries like oil & gas, manufacturing, power generation, cement & steel, automobiles, and construction.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 17.52 crore in FY22 to Rs 27.15 crore in FY23 to Rs 45.02 crore in FY24, while PAT increased from Rs 1.06 crore in FY22 to Rs 2.57 crore in FY23 to Rs 11.43 crore in FY24.
Envirotech Systems Financials
*All values are in Rs. Cr
Application Details of Envirotech Systems IPO
Apply as | Price band | Apply upto |
---|
Regular | ₹53 - 56 | ₹2 Lakh |
High Networth Individual | ₹53 - 56 | ₹2 - 5 Lakh |
For Envirotech Systems IPO, eligible investors can apply as Regular.