Effwa Infra & Research Limited IPO is open for subscription
Application start- 05/07/2024.
Application end- 09/07/2024.
Allotment begins- 10/07/2024.
Refund Initiation- 11/07/2024.
Allotment date- 11/07/2024.
Listing on exchange- 12/07/2024.
Min. quantity- 1600 shares.
Price range- ₹78 – ₹82.
IPO Size- ₹51.27 Cr
About Effwa Infra & Research Limited
Effwa Infra & Research Limited (EIRL), founded in 2014, specializes in various environmental services such as treating wastewater and solid waste, recycling water, and managing hazardous waste. They provide complete project management solutions, ensuring environmentally friendly practices across multiple industries, including textile, leather, food processing, chemicals, steel, and pharmaceuticals.
EIRL follows the 4R concept: Reducing, Recycling, Reusing, and Rehabilitation. Their goal is to help industries achieve Zero Liquid Discharge, meaning no wastewater is released into the environment by recycling and reusing water.
Their services cover the entire project lifecycle, from initial concept to final commissioning. This includes preparing project reports, selecting technologies, managing projects, designing processes, procuring materials, managing supply chains, obtaining regulatory approvals, and overseeing construction and commissioning. They also provide ongoing support, such as equipment design, environmental engineering, maintenance, plant operation, and safety services.
EIRL bids for projects through a competitive process managed by government and private institutions. They handle everything from designing and constructing water management systems to laying pipelines and installing pumps. After completing a project, they also offer operation and maintenance services for a few years.
As EIRL plans to go public with an Initial Public Offering (IPO), the money raised will be used for:
Funding their working capital needs (daily business expenses).
Purchasing new office equipment.
General corporate purposes (various business needs).
Effwa Infra and Research IPO Lot Size
Effwa Infra and Research IPO Reservation
Effwa Infra and Research IPO Promoter Holding
Effwa Infra & Research Limited Financial Information
Key Performance Indicator(KPI)
The Effwa Infra and Research IPO is subscribed 17.37 times on July 5, 2024 7:02:05 PM. The public issue subscribed 30.03 times in the retail category, 0.00 times in the QIB category, and 10.66 times in the NII category.
https://thrivegroup.in/wp-content/uploads/2024/07/download-5.jpeg183275Vishalhttps://squarillart.com/Demo/thrive/wp-content/uploads/2024/06/thrive-1-300x108.pngVishal2024-07-07 22:34:192024-07-08 17:13:17Effwa Infra and Research IPO
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