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Effwa Infra & Research Limited IPO (Effwa Infra & Research Limited IPO) Details

Effwa Infra & Research Limited

Effwa Infra & Research Limited IPO's overview

Effwa Infra & Research Limited IPO is a book built issue of ₹51.27 Cr (51,27,29,600). The issue is a combination of fresh issue of 53.17 Lakh (53,16,800) shares aggregating to ₹43.60 Cr (43,59,77,600) and offer for sale of 9.36 Lakh (9,36,000) shares aggregating to ₹7.68 Cr (7,67,52,000).

Effwa Infra & Research Limited IPO bidding started from Jul 05, 2024 and ended on Jul 09, 2024. The allotment for Effwa Infra & Research Limited IPO was finalized on Jul 10, 2024. The shares got listed on NSE on Jul 12, 2024.

Effwa Infra & Research Limited IPO price band is set at ₹78 to ₹82 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1.25 Lakh (1,24,800).

Refer to Effwa Infra & Research Limited IPO RHP for detailed information.

  • IPO date

    Jul 05,2024 - Jul 09,2024

  • Listing Date

    Jul 12,2024

  • Face value

    10

  • Price Band

    78 to ₹82 per share

  • Lot

    1600 Shares

  • Total Issue Size

    62.53 Lakh (62,52,800)

    aggregating up to 51.27 Cr (51,27,29,600)

  • Fresh Issue

    53.17 Lakh (53,16,800)

    aggregating up to ₹43.60 Cr (43,59,77,600)

  • Offer for sale

    9.36 Lakh (9,36,000)

    aggregating up to ₹7.68 Cr (7,67,52,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSE

  • Fri, Jul 05, 2024

    IPO Open

  • Tue, Jul 09, 2024

    IPO Close

  • Wed, Jul 10, 2024

    Basis of Allotment

  • Thu, Jul 11, 2024

    Initiation of Refunds

  • Thu, Jul 11, 2024

    Credit of Shares to Demat

  • Fri, Jul 12, 2024

    Listing

Effwa Infra & Research Limited IPO Subscriptions

DateNIIQIBRII
9-Jul-2024 11:45 AM3814886423222

Effwa Infra & Research Limited IPO Day-wise IPO GMP Trend

Effwa Infra & Research Limited IPO last GMP is ₹143, last updated Jul 11,2024. With the price band of 82.00, Effwa Infra & Research Limited IPO's estimated listing price is ₹225 (cap price + today's GMP).The expected percentage gain/loss per share is 174.39%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
11-Jul-2482.00143
225(174.39%)11-Jul-2024 23:30
10-Jul-2482.00128
210(156.10%)10-Jul-2024 23:30
09-Jul-2482.00120.50
202.5(146.95%)9-Jul-2024 23:26
08-Jul-2482.00120
202(146.34%)8-Jul-2024 23:32
07-Jul-2482.0095
177(115.85%)7-Jul-2024 23:27
06-Jul-2482.0095
177(115.85%)6-Jul-2024 23:28
05-Jul-2482.0090
172(109.76%)5-Jul-2024 23:28
04-Jul-2482.0085
167(103.66%)4-Jul-2024 23:28
03-Jul-2482.0080
162(97.56%)3-Jul-2024 23:25
02-Jul-2482.0063
145(76.83%)2-Jul-2024 23:23
01-Jul-240
(0.00%)1-Jul-2024 09:32

Effwa Infra & Research Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,6001.31 Lakh (1,31,200)

Retail(Max)

11,6001.31 Lakh (1,31,200)

HNI(Min)

23,2002.62 Lakh (2,62,400)

Effwa Infra & Research Limited IPO Reservation

Investor CategoryShares Offered
Offered to QIB11.68 Lakh (11,68,000)
Offered to NII9.20 Lakh (9,20,000)
Offered to RII20.91 Lakh (20,91,200)
Offered to Anchor Investor17.49 Lakh (17,48,800)

About Effwa Infra & Research Limited

Effwa Infra & Research Limited was founded in 2014 and provides engineering, consulting, procurement, construction and integrated project management services in the field of water pollution control, covering wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants. In addition, the company offers project organization, management, procurement, financing, and implementation as a consultant and expert. The focus is on ensuring environmentally friendly waste processing practices, including the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP) and Hazardous Waste Management. Infrastructure for the water management project includes design of the project, construction and procurement of raw materials including installation of wells including pump houses, laying of pipelines, electro-mechanical works, execution on site with overall project management till commissioning of the projects. The company offers its services in the states of Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh and Rajasthan as well as in the Special Economic Zone, which includes Adani Ports, and in the international market. As of March 31, 2024, the company has successfully completed over 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies. As of March 31, 2024, the company employed over 118 people, including 12 engineers in the areas of planning, design, and construction of wastewater treatment and recycling systems with a focus on zero discharge systems with transport systems for secondary treated wastewater and fresh water and 76 engineers in the areas of civil, mechanical and electrical engineering, instrumentation and automation, piping and safety and quality control.

Effwa Infra & Research Limited IPO's documents

Effwa Infra & Research Limited Contact Details

Effwa Infra & Research Limited G. No. 7, Vardhman Industrial Complex, Lal Bahadur Shastri Marg, Gokul Nagar, Thane West, Thane – 400601 Phone: + 91 9833850052 Email: [email protected] Website: https://www.effwa.co.in/

Effwa Infra & Research Limited IPO's Promoters

Dr. Varsha Subhash Kamal and Mr. Subhash Ramavtar Kamal are the company's promoters.