Envirotech Systems Limited IPO

Founded in 2007, Envirotech Systems Limited manufactures noise measurement and control solutions for industrial and commercial applications. Envirotech Systems specializes in the design and supply of custom enclosures for noise reduction in machinery and mechanical equipment, suitable for both indoor and outdoor applications.

The company’s product list includes Noise Test Booth, Engine Test Room Acoustics, Anechoic & Semi-anechoic Chamber, Acoustic Enclosure, Envirotech Noise Barriers, Poly Carbonate Noise Barriers, Metallic Noise Barrier, Echo Barrier, Acoustic Louvers, And Envirotech Metal Doors.

The company offers its services across India and has a track record of successful projects in industries such as oil and gas, manufacturing, power generation, cement and steel, automotive and construction.

Competitive Strengths:

  • Early entry into the Acoustic Insulation sector has given the company a distinct competitive advantage.
  • The promoters have more than two decades of valuable experience in the industry, giving the company an in-depth understanding of market dynamics.
  • An accomplished technical team with a wealth of experience in project execution ensures competent project execution across a wide spectrum.
  • A strong commitment to research and development and continuous product development that enables the company to remain at the forefront of innovation.
  • The company has entered into strategic partnerships with industry experts that enhance its technical expertise and market knowledge.
  • All product ranges undergo rigorous testing and receive certifications from recognized government bodies that confirm their quality and reliability.
  • An extensive customer database covering various segments underlines the company’s strong market presence and trust.

The company employs over 98 people.

Envirotech Systems Limited Financial Information (Restated)

Envirotech Systems Limited’s revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,867.472,275.731,386.51
Revenue4,687.952,874.781,849.54
Profit After Tax1,142.88257.34105.73
Net Worth1,960.62661.73404.4
Reserves and Surplus621.62611.73354.4
Total Borrowing240.5260.67276.61
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Envirotech Systems IPO is Rs 105.22 Cr.

KPI as of March 31, 2024.

KPIValues
ROE58.29%
ROCE62.43%
RoNW58.29%
P/BV3.83
PAT Margin (%)24.72
 Pre IPOPost IPO
EPS (Rs) 8.546.08
P/E (x) 6.569.21

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (Envirotech Systems IPO Objectives)

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the Emerge Platform of NSE:

  1. Purchase Land and Building for setting up factory
  2. Funding of working capital requirements of the Company
  3. General Corporate Expenses
  4. Issue Expenses

Envirotech Systems IPO Details

IPO DateSeptember 13, 2024 to September 18, 2024
Listing Date[.]
Face Value₹10 per share
Price Band₹53 to ₹56 per share
Lot Size2000 Shares
Total Issue Size5,400,000 shares
(aggregating up to ₹30.24 Cr)
Fresh Issue5,400,000 shares
(aggregating up to ₹30.24 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue13,390,000
Share holding post issue18,790,000
Market Maker portion702,000 shares

Envirotech Systems IPO Promoter Holding

Mr. Manoj Kumar Gupta and Mrs. Sindhu Gupta are the promoters of the company.

Share Holding Pre Issue96.48%
Share Holding Post Issue68.75%

SHARIAH SCREENING for - Envirotech Systems Limited IPO

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BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
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