31 Mar 2022
Assets13.87
Total Income18.50
Profit After Tax1.06
NET Worth4.04
Reserves and Surplus3.54
Total Borrowing2.77
At a glance
Updated 2026-09-13The shares listed at ₹106.40, a 90.00% move from the issue price. Envirotech Systems is a SME IPO with an issue size of ₹30.24 crore, proposed for listing on NSE SME. The offer opens on 13th Sep 2024 and closes on 19th Sep 2024. The issue structure includes a fresh issue of ₹26.31 crore. The current listing schedule points to 24th Sep 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹30.24 Cr
Fresh issue₹26.31 Cr
Face value₹10
Price band₹53.00–₹56.00
Allotment20th Sep 2024
Listing24th Sep 2024
Listing performance
Full performance ↗Issue price₹56.00
Listing price₹106.40
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹47.00
GMP / upper price83.93%
Est. listing₹103.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens13th Sep 2024
Closes19th Sep 2024
Allotment20th Sep 2024
Refund23rd Sep 2024
Demat23rd Sep 2024
Listing24th Sep 2024
Subscription demand
Full bidding ↗Total91.67×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹112,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase Land and Building for setting up factory | ₹12.00 Cr |
| Funding of working capital requirements of the Company | ₹8.00 Cr |
| General Corporate Expenses | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue46.88₹ Cr · +63.1% vs prior year
PAT11.43₹ Cr · +344.7% vs prior year
Assets38.67₹ Cr · +69.9% vs prior year
Net Worth19.61₹ Cr · +196.2% vs prior year
Borrowing2.41₹ Cr · -7.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets22.76
Total Income28.75
Profit After Tax2.57
NET Worth6.62
Reserves and Surplus6.12
Total Borrowing2.61
31 Mar 2024
Assets38.67
Total Income46.88
Profit After Tax11.43
NET Worth19.61
Reserves and Surplus6.22
Total Borrowing2.41
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 58.29% |
| ROCE | 62.43% |
| RoNW | 58.29% |
| PAT Margin | 24.72% |
| Price to Book Value | 3.83 |
Valuation & shareholding
Pre-IPO EPS8.54
Post-IPO EPS6.08
Pre-IPO P/E6.56
Post-IPO P/E9.21
Promoter holding pre96.47%
Promoter holding post68.75%
Market cap₹105.22 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Envirotech Systems IPO | — | 9.21 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including fees and reimbursement of underwriting fees, Lead Manager fees, brokerages, payment to other intermediaries such as legal advisor, peer review auditor, Registrar etc. | — |
| Advertising and Marketing Expenses | — |
| Regulatory and other fees | — |
| Other Expenses (printing, stationery expenses, postageetc.) | — |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Share India Capital Services...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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