• Source:JND
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Enviro Infra Engineers IPO opened for public today, i.e., on Friday. Investors can place bids till 26 November. The company aims to raise Rs 650.43 crore through the initial share sale. Enviro Infra Engineer's IPO is one of the few share sales in recent times whose shares are trading high in the grey market. Earlier, Enviro Infra set a price band of Rs 140-148 per share.

Enviro Infra IPO Subscription Status

To Be Update..

Enviro Infra Engineering IPO Details

The price band of Enviro Infra Engineers IPO has been fixed at Rs 140 to Rs 148 per share, while the lot size for the share sale is 101 shares. That means investors have to spend a minimum of Rs 14,948 to place a bid. Enviro Infra will likely allot shares on November 27, 2024 (Share Allotment Date) and the shares are scheduled to be listed on NSE and BSE on November 29.  For employees, interested in placing bids, the company announced a discount of Rs 13 per share. One lakh shares have been reserved for the employees.

The IPO is a combination of fresh issues and offers for sa and the company will raise Rs 650.43 crore through IPO. Through IPO, the company will issue 3.87 crore fresh shares and 53 lakh shares under offer for sale. Let us tell you, that the company has raised Rs 194.69 crore through anchor investors.

Enviro Infra GMP

Enviro Infra Engineers IPO is trading at a premium of Rs 38 in the grey market today. According to the report of Investors Gain, this has been the company's highest GMP. There is no change in GMP as compared to yesterday.

Up to 50 per cent of the shares will be reserved for qualified institutional buyers. At least 35 per cent will be reserved for retail investors and 15 per cent for NII.

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