The Enviro Infra Engineers IPO has been a highly anticipated event, receiving an overwhelming response from investors. With a total subscription of 89.90 times, the public issue has demonstrated immense investor confidence across all categories. This detailed guide provides an overview of the IPO’s performance, allotment process, timeline, and subscription details, along with step-by-step instructions on how to check the IPO allotment status through different platforms.
Overview of Enviro Infra Engineers IPO
Enviro Infra Engineers Limited, a company specializing in infrastructure and environmental solutions, launched its initial public offering (IPO) to raise ₹650.43 crores. This comprises a fresh issue of ₹572.46 crores and an offer for sale (OFS) worth ₹77.97 crores. The IPO price band was set between ₹140 and ₹148 per share, with a ₹13 per share discount for employees. The minimum lot size was 101 shares, requiring a retail investor to invest at least ₹14,948.
Key Features:
- Opening Date: November 22, 2024
- Closing Date: November 26, 2024
- Allotment Date: November 27, 2024
- Listing Date: November 29, 2024
- Registrar: Bigshare Services Pvt Ltd
- Book Running Lead Manager: Hem Securities Limited
The overwhelming investor interest, reflected in the staggering subscription numbers, highlights the company’s potential and market confidence in its growth.
Enviro Infra IPO Subscription Status
Day-by-Day Subscription Details
- Day 1 (November 22, 2024):
- Total Subscription: 2.09 times
- Qualified Institutional Buyers (QIB): 2.04 times
- Non-Institutional Investors (NII): 2.99 times
- Retail Investors: 1.73 times
- Employees: 3.22 times
- Day 2 (November 25, 2024):
- Total Subscription: 12.58 times
- QIB: 2.58 times
- NII: 34.66 times
- Retail Investors: 8.82 times
- Employees: 13.83 times
- Day 3 (November 26, 2024):
- Total Subscription: 89.90 times
- QIB: 157.05 times
- NII: 153.80 times (Big NIIs: 177.97 times, Small NIIs: 105.47 times)
- Retail Investors: 24.48 times
- Employees: 37.77 times
The IPO witnessed exceptional participation, especially from institutional investors, with QIBs leading at 157.05 times subscription. Retail investors and employees also displayed robust enthusiasm, reflecting the widespread appeal of the offering.
How to Check Enviro Infra Engineers IPO Allotment Status
Investors can check their IPO allotment status using multiple methods: through the registrar’s website, the BSE portal, their bank account, or their Demat account. Here’s a detailed step-by-step guide for each method:
Bigshare Services Pvt Ltd is the registrar for the Enviro Infra Engineers IPO. Investors can check their allotment status by following these steps:
- Visit: Bigshare IPO Allotment Page
- Select IPO: From the dropdown menu, choose “Enviro Infra IPO.”
- Choose Identification Mode: Select from PAN ID, Demat Account number, or Application number.
- Application Type: Pick “ASBA” or “Non-ASBA.”
- Fill Details: Enter the relevant details as per the selected mode.
- Captcha: Complete the security captcha.
- Submit: Click on “Submit” to view your allotment status.
2. Bombay Stock Exchange (BSE) Website
The Bombay Stock Exchange (BSE) offers a simple method to check IPO allotment status:
- Visit: BSE IPO Status Page
- Issue Type: Select “Equity.”
- Issue Name: Choose “Enviro Infra Limited” from the dropdown menu.
- Enter Details: Provide your application number and PAN ID.
- Verification: Select “I am not a robot” and complete the verification.
- Submit: Click the “Search” button to view your status.
3. Bank Account
Many banks provide IPO allotment status within their internet banking platforms:
- Log In: Access your bank’s internet banking or mobile app.
- Navigate to IPO Section: Locate the “IPO Services” or “Application Status” section.
- Enter Details: Provide required details such as PAN or application number.
- Check Status: View the allotment status displayed in the IPO section.
4. Demat Account
Investors can also verify allotment status through their Demat accounts:
- Log In: Open your Depository Participant (DP) platform via mobile app or website.
- Locate IPO Section: Find the “IPO” or “Portfolio” section.
- Check Status: Review the status of shares allotted in the IPO section.
- Registrar Verification: If no shares are visible, cross-verify with the registrar’s website.
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Enviro Infra Engineers IPO Key Events Timeline
Event | Indicative Date |
IPO Open Date | November 22, 2024 |
IPO Close Date | November 26, 2024 |
Allotment Date | November 27, 2024 |
Refund Initiation | November 27, 2024 |
Credit of Shares to Demat | November 28, 2024 |
Listing Date | November 29, 2024 |
Enviro Infra Engineers IPO Price and Lot Details
- Price Band: ₹140-₹148 per share
- Employee Discount: ₹13 per share
- Minimum Lot Size: 101 shares
- Minimum Investment: ₹14,948 for retail investors
For Non-Institutional Investors:
- Small NIIs: 14 lots (1,414 shares) – ₹209,272
- Big NIIs: 67 lots (6,767 shares) – ₹1,001,516
Conclusion
The Enviro Infra Engineers IPO has been a resounding success, with extraordinary subscription numbers across all investor categories. The allotment status will reveal the distribution of shares to successful applicants, marking the next phase of investor engagement with the company.
Whether you’re a retail investor, institutional buyer, or employee applicant, the above methods provide easy ways to check your allotment status. With the listing scheduled for November 29, 2024, the IPO is poised to make a significant impact on the market. Stay updated and prepare to watch the company’s journey post-listing.
FAQS
- How can I check the allotment status for Enviro Infra IPO?
You can check the allotment status via the registrar’s website (Bigshare Services Pvt Ltd), BSE website, your bank account, or your Demat account by following the prescribed steps for each platform. - What is the Enviro Infra IPO price band and minimum lot size?
The price band for the IPO is set at ₹140 to ₹148 per share, with a minimum lot size of 101 shares requiring a retail investment of ₹14,948. - When will the Enviro Infra IPO shares be listed?
The shares are scheduled to be listed on BSE and NSE on 29th November 2024. - What was the overall subscription rate for the Enviro Infra IPO?
The IPO received an overwhelming response with a total subscription rate of 89.9 times across all categories. - Who is the registrar for Enviro Infra IPO?
Bigshare Services Pvt Ltd is the official registrar for the Enviro Infra IPO.