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Enviro Infra Engineers IPO

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Price Band₹140.00–₹148.00
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹650.30 Cr
AllotmentNO DATA

IPO Objectives

Enviro Infra Engineers IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1To meet the Working Capital Requirements;₹181.00 Cr
2Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode₹30.00 Cr
3Repayment/prepayment in full or in part, of certain of our outstanding borrowings₹120.00 Cr
4Funding inorganic growth through unidentified acquisitions and general corporate purposes.₹186.27 Cr