Enviro Infra Engineers Limited has become a popular choice for investors, thanks to its robust business model and impressive financial performance. The company specializes in water and wastewater management, aligning its operations with sustainability goals and government projects. This blog provides an in-depth look at its IPO, business details, financials, and a month-by-month Enviro Infra Engineers share price target from 2024 to 2040.
Enviro Infra Engineers IPO Details
The IPO of Enviro Infra Engineers opened on November 22, 2024, and will close on November 26, 2024. The details are:
| Parameter | Details |
|---|---|
| IPO Size | ₹650.3 crore |
| Fresh Issue | ₹572.46 crore (3,86,80,000 shares) |
| Offer for Sale (OFS) | 52,68,000 shares by promoters |
| Price Band | ₹140-₹148 per share |
| Lot Size | 101 shares (₹14,948 at upper band) |
| GMP | ₹38 (approx. 25.68% premium) |
| Listing Date | November 29, 2024 |
The IPO aims to raise funds for working capital, debt repayment, and acquisitions, all of which are crucial for the company’s growth trajectory.
Enviro Infra Engineers Business Overview
Founded in 2009, Enviro Infra Engineers Limited is a leading player in sustainable water infrastructure projects. The company specializes in sewage treatment plants, effluent treatment plants, and water supply projects. Their innovative solutions align with key government initiatives such as the Jal Jeevan Mission and AMRUT Mission.
| Key Metrics | Details |
|---|---|
| Projects Completed | 28 |
| Order Book Value | ₹1,906.28 crore |
| Employees | 939 |
Enviro Infra Engineers Financial Performance
The company has showcased remarkable financial growth over the years:
| Financial Metric | FY 2021-22 | FY 2022-23 | FY 2023-24 (Projected) |
|---|---|---|---|
| Revenue (₹ Cr.) | 223.53 | 338.10 | 728.91 |
| Profit After Tax (₹ Cr.) | 34.54 | 55.33 | 108.56 |
| EBITDA Margin (%) | 22.37% | 24.15% | 23.22% |
This financial growth underscores its operational efficiency and strong market presence.
Enviro Infra Engineers Share Price Target (Month-Wise)
Below are the month-by-month price targets for the years 2024 to 2040:
Enviro Infra Engineers Share Price Target 2024
| Month | Price (₹) |
|---|---|
| January | IPO not listed |
| February | IPO not listed |
| March | IPO not listed |
| April | IPO not listed |
| May | IPO not listed |
| June | IPO not listed |
| July | IPO not listed |
| August | IPO not listed |
| September | IPO not listed |
| October | IPO not listed |
| November | 222 |
| December | 225 |
Enviro Infra Engineers Share Price Target 2025
| Month | Price (₹) |
|---|---|
| January | 230 |
| February | 235 |
| March | 240 |
| April | 245 |
| May | 250 |
| June | 260 |
| July | 270 |
| August | 280 |
| September | 290 |
| October | 295 |
| November | 298 |
| December | 300 |
Enviro Infra Engineers Share Price Target 2026
| Month | Price (₹) |
|---|---|
| January | 310 |
| February | 320 |
| March | 330 |
| April | 340 |
| May | 350 |
| June | 360 |
| July | 370 |
| August | 380 |
| September | 390 |
| October | 400 |
| November | 410 |
| December | 420 |
Enviro Infra Engineers Share Price Target 2027
| Month | Price (₹) |
|---|---|
| January | 430 |
| February | 440 |
| March | 450 |
| April | 460 |
| May | 470 |
| June | 500 |
| July | 520 |
| August | 540 |
| September | 560 |
| October | 580 |
| November | 590 |
| December | 600 |
Enviro Infra Engineers Share Price Target 2028
| Month | Price (₹) |
|---|---|
| January | 620 |
| February | 640 |
| March | 660 |
| April | 680 |
| May | 700 |
| June | 720 |
| July | 740 |
| August | 760 |
| September | 780 |
| October | 790 |
| November | 795 |
| December | 800 |
Enviro Infra Engineers Share Price Target 2029
| Month | Price (₹) |
|---|---|
| January | 820 |
| February | 850 |
| March | 880 |
| April | 910 |
| May | 950 |
| June | 970 |
| July | 1,000 |
| August | 1,020 |
| September | 1,060 |
| October | 1,080 |
| November | 1,090 |
| December | 1,100 |
Enviro Infra Engineers Share Price Target 2030
| Month | Price (₹) |
|---|---|
| January | 1,200 |
| February | 1,220 |
| March | 1,240 |
| April | 1,260 |
| May | 1,280 |
| June | 1,300 |
| July | 1,330 |
| August | 1,350 |
| September | 1,380 |
| October | 1,400 |
| November | 1,450 |
| December | 1,500 |
Enviro Infra Engineers Share Price Target 2040
| Month | Price (₹) |
|---|---|
| January | 2,000 |
| February | 2,050 |
| March | 2,100 |
| April | 2,150 |
| May | 2,200 |
| June | 2,250 |
| July | 2,300 |
| August | 2,350 |
| September | 2,400 |
| October | 2,450 |
| November | 2,480 |
| December | 2,500 |
FAQs
1. When is the Enviro Infra Engineers IPO closing?
The IPO closes on November 26, 2024.
2. What is the expected listing price?
The listing price is expected to be around ₹186, based on the current Grey Market Premium (GMP).
3. Is Enviro Infra Engineers a good investment?
Yes, the company’s strong financials, government-backed projects, and focus on sustainability make it a solid investment option.
4. What is the long-term share price target?
By 2040, the share price is expected to reach ₹2,500, driven by market leadership and sustainable growth.
Final Words
Enviro Infra Engineers Limited is a promising stock with a clear growth trajectory supported by robust financials and strong government-backed projects. The month-by-month price targets for 2024 to 2040 reflect steady and impressive growth, making it a favorable investment for both short-term and long-term investors.