Effwa Infra & Research Limited
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₹143(174.39%)
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Effwa Infra & Research Limited's successfully transitioned to public market status with its listing on NSE on Jul 12, 2024. The IPO mobilized 62,52,800 Shares in cumulative capital, including 53,16,800 Shares for corporate expansion and ₹7.68 Cr for shareholder liquidity management.
The public offering was conducted within the price parameters of ₹78 to ₹82, with minimum investment lots of 1600 shares. subscription activity between Jul 05, 2024 and Jul 09, 2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Jul 10, 2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Effwa Infra & Research Limited, founded in 2014, specializes in engineering, consulting, procurement, construction, and project management services in water pollution control. The company focuses on wastewater and industrial effluent treatment, solid waste disposal, aeration systems, hazardous waste management, and water treatment plants, offering comprehensive solutions from design to commissioning. It provides expertise in Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP), and Hazardous Waste Management while also executing infrastructure projects involving wells, pump houses, pipelines, and electro-mechanical works. Operating across multiple Indian states, including Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, as well as in the international market, Effwa Infra & Research Limited has successfully completed over 45 water management projects for public sector undertakings, municipal corporations, and private entities. As of March 31, 2024, the company employs over 118 professionals, including 12 engineers specializing in wastewater treatment system planning and design, along with 76 engineers across civil, mechanical, electrical, instrumentation, automation, piping, and safety and quality control disciplines, reinforcing its commitment to sustainable and efficient water management solutions.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Specialized In-House Expertise: The company excels in designing and engineering water management infrastructure projects, ensuring high-quality, efficient, and sustainable solutions.
- Optimized Cost Structure: By leveraging a cost-effective outsourcing model, Effwa Infra & Research Limited minimizes capital expenditures while maintaining operational efficiency.
- Strong Leadership and Vision: A seasoned promoter and experienced management team provide strategic direction, driving long-term growth and stability.
- Legal Risks: Ongoing litigation could pose reputational and financial risks, with adverse outcomes potentially impacting business operations.
- Financial Exposure from Bank Guarantees: Heavy reliance on bank guarantees may strain cash flows, and any invocation of these guarantees could affect financial stability.
- Revenue Concentration Risk: Dependence on a few key clients makes the company vulnerable to revenue fluctuations if any major client is lost.
- Dr. Varsha Subhash Kamal
- Mr. Subhash Ramavtar Kamal
Effwa Infra & Research Limited
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