Enviro Infra IPO Allotment Status

Summary

Enviro Infra Engineers IPO has received an exceptional response from investors, achieving a remarkable subscription of 89.90 times by November 26, 2024, at 5:17:08 PM (Day 3). The public issue witnessed overwhelming demand across all categories, showcasing strong market interest.

The Qualified Institutional Buyers (QIB) category led with an extraordinary subscription of 157.05 times, reflecting significant institutional confidence. The Non-Institutional Investors (NII) segment also performed exceptionally well, with a subscription of 153.80 times, including 177.97 times for big NIIs (bNII) and 105.47 times for small NIIs (sNII). The Retail Investors category demonstrated strong participation, achieving a subscription of 24.48 times. The Employees portion showed robust enthusiasm, with a subscription of 37.77 times. The Anchor Investors portion was fully subscribed before the public issue, raising ₹194.69 crores.

The IPO garnered 30,15,823 applications, underlining its widespread appeal and investor confidence.

How to Check Enviro Infra IPO Allotment Status:

How do you Check Enviro Infra IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://www.bigshareonline.com/ipo_allotment.html)

Step 2: From the selection menu, choose Enviro Infra IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Enviro Infra IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Enviro Infra IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Enviro Infra Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Enviro Infra IPO Timeline:

Enviro Infra IPO Subscription Status

Enviro Infra Engineers IPO received 89.9  times subscription with 30,15,823 applications. By 26th November 2024 at 5:17:08 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:17:08 PM)

• Total Subscription: 89.9 times
• QIB: 157.05 times
• NII: 153.8 times
• Retail investors: 24.48 times
• Employee: 37.77 times (18,34,261 shares bid)

Subscription Day 2 (November 25, 2024)

• Total Subscription: 12.58 times
• QIB: 2.58 times
• NII: 34.66 times
• Retail investors: 8.82 times
• Employee: 13.83 times

Subscription Day 1 (November 22, 2024)

• Total Subscription: 2.09 times
• QIB: 2.04 times
• NII: 2.99 times
• Retail investors: 1.73 times
• Employee: 3.22 times

Enviro Infra IPO Details 

Enviro Infra Engineers' initial public offering (IPO) is a book built issue of ₹650.43 crores. This offering consists of a fresh issue of 3.87 crore shares aggregating to ₹572.46 crores and an offer for sale of 0.53 crore shares aggregating to ₹77.97 crores.

The bidding process for the Enviro Infra Engineers IPO commenced on 22nd November 2024 and will conclude on 26th November 2024. The allotment results for this IPO are anticipated to be finalised on 27th November 2024. Furthermore, the shares of Enviro Infra Engineers are set to be listed on BSE and NSE, with a provisional listing date scheduled for 29th November 2024.

The Enviro Infra Engineers IPO price band has been established between ₹140 and ₹148 per share, with an employee discount of ₹13 per share. Investors must apply for a minimum lot size of 101 shares, which requires a minimum investment of ₹14,948 for retail investors. For small NIIs, the minimum investment is 14 lots (1,414 shares), totaling ₹209,272, and for big NIIs, it is 67 lots (6,767 shares), totaling ₹1,001,516.

Hem Securities Limited serves as the book running lead manager for the IPO, while Bigshare Services Pvt Ltd is designated as the registrar for this offering.