Enviro Infra Engineers Ltd. has announced public offering of 43948000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 138.00 per share. The gross proceeds of the issue are expected to be Rs 65,043.04 lakhs.
The company's initial public offer (IPO) will open on 22 November 2024 and is expected to close on 26 November 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 140.00-148.00 per share.
The IPO includes a fresh Issue of 43948000 Equity Shares of the Company at an price of Rs 148.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 101 shares with bids in multiples of 101.
Enviro Infra Engineers Ltd. anticipates using the proceeds of the issue for .
Hem Securities Ltd as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.