Effwa Infra IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Effwa Infra

CMP

219.00

+10.40 (4.99%)

  • DRHP
₹82

Offer Price

₹ 51.27 Cr

Issue Size

₹ 1,31,200

Min Investment

1,600

Lot size

Time Line

  • 05
    Jul 2024
    Open
  • 09
    Jul 2024
    Close
  • 10
    Jul 2024
    Finalisation of Basis of Allotment
  • 11
    Jul 2024
    Initiation of Refunds
  • 11
    Jul 2024
    Transfer of Shares to Demat Account
  • 12
    Jul 2024
    Listing Date

Objects of the Offer

  • Continue to enhance its core strengths by attracting, retaining and training qualified personnel.

  • Strengthen its presence in high growth emerging markets.

  • Increasing the size of projects and its pre-qualification.

  • Expand relationships with its existing customers.

Products & Services

  • Effwa Infra & Research Limited", ("EIRL") is engaged in the business of engineering, consultancy, procurement, construction and integrated project management services in water pollution control, encompassing sewage and industrial effluent treatment,

  • solid waste treatment and disposal, ventilation systems, hazardous waste management and water treatment plants.

Strengths

  • Established track record for timely execution.

  • Its Order Book.

  • Complete water solutions provider.

  • In-house expertise in designing and engineering of water management infrastructure projects.

  • Lower investments and capital expenditure in its projects due to its outsourcing model.

Risks

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The company is required to furnish bank guarantees as part of its business. The company`s inability to arrange such guarantees or the invocation of such guarantees may adversely affect its cash flows and financial condition.

  • The company derived majority of its revenue from a limited number of clients and the loss of one or more of them could have a material adverse effect on its business, financial condition and results of operations.

  • Its current order book may not necessarily translate into future income in its entirety. Some of its current orders may be modified, cancelled, delayed, put on hold or not fully paid for by the company customers, which could adversely affect its business, financial condition, results of operations and future prospects.

  • The company depends on various third parties, including its contractors and independent service providers, over whom its may have no control.

Company Promoters

Promoters Holding

Issue For IPO
27.00%
Pre Holding

99.99%

Post Holding

72.99%

Top Promoters Holding

Financials

All values in Cr

Mar-2023 Mar-2024 Mar-2024 3-Yr trend
Revenue 115.10 (10.30%) 145.16 (26.10%) 37.15 (-)
Gross Profit 115.10 (10.30%) 145.16 (26.10%) 37.15 (-)
Net Income 115.10 (10.30%) 145.16 (26.10%) 37.15 (-)
Assets 115.10 (10.30%) 145.16 (26.10%) 37.15 (-)
Liabilities 115.10 (10.30%) 145.16 (26.10%) 37.15 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Effwa Infra & Research Ltd 145.16 13.80 51.40 14.25 37.15 0.00 20.84 2.39 0.27
Va Tech Wabag Ltd 2,856.40 245.60 4,574.50 4,574.50 13.50 39.49 294.18 5.36 0.15
EMS Ltd 793.31 15.38 970.20 970.20 1.92 29.38 144.16 1.58 0.09

Book Running Managers

  • Shreni Shares Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

G.No.7 Vardhman Ind. Complex,
Lal Bahad.Shastri Marg Than W,
Thane - 400601
Phone : +91 98338 50052 Email : investor@effwa.co.in www.effwa.co.in

Offer Related Information

Initial public offer of 62,52,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Effwa Infra & Research Limited ("The Company" or "Effwa" or "The Offeror") at an offer price of Rs. 82/- per equity share for cash, aggregating to Rs. 51.27 crores comprising of fresh offer of 53,16,800 equity shares aggregating to Rs. 43.60 crores ("Fresh Offer") and an offer for sale of 9,36,000 equity shares by Varsha Subhash Kamal and Subhash Ramavtar Kamal ("Selling Shareholders")... More

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