Effwa Infra & Research Limited (NSE SME)

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Effwa Infra & Research Limited (NSE SME)

July 5, 2024 – July 9, 2024

Price ₹78 - ₹82
Premium ₹143
Lot size 1600
Allotment Jul 10, 2024
Listing Jul 12, 2024

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Last updated on 09-Jul-2024 17:02:01

CategoryOfferedAppliedTimes
QIB1168000194547200166.56
NIB920000439417600477.63
RETAIL2091200677155200323.81
Total41792001311120000313.73
Retail Apps423222© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹52.58
@8%
₹60.09
@9%
₹67.6
@10%
₹75.11
@11%
₹82.62
@12%
₹90.13

About

Category Lot(s) Qty Amount Reserved
Retail 1 1600 131200 1307
HNI 2 3200 262400 575
Effwa Infra and Research IPO Reservation
Investor CategoryShares OfferedNo. of Shares
Retail33.44%2091200
NII (HNI)14.71%920000
QIB 18.68%1168000
Anchor27.97%1748800
Market Maker5.19%324800
Total 100.00%6252800
Effwa Infra and Research IPO Details
Issue Size6,252,800 shares
(aggregating up to ₹51.27 Cr)
Fresh Issue5,316,800 shares
(aggregating up to ₹43.60 Cr)
Offer for Sale936,000 shares of ₹10
(aggregating up to ₹7.68 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue17,830,367
Share holding post issue23,147,167
Market Maker portion324,800 shares
Rikhav Securities
Key Performance Indicator
KPIMar-24Mar-23Mar-22
ROE46.22%24.44%27.67%
ROCE40.75%22.89%24.37%
D/E0.380.690.56
RONW37.15%21.78%24.96%
EPS
(basic & diluted)
7.742.882.58
Company Financials
Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodMar 2024Mar 2023Mar 2022
Assets8,302.836,478.544,648.21
Revenue14,551.4611,541.3610,461.67
Profit1,380.06513.04459.99
Net Worth3,715.052,355.891,842.85
Reserves1,932.012,123.321,610.28
Borrowing1,406.441,623.011,026.11
Amount in ₹ Lakhs
About Company

Effwa Infra & Research Limited, founded in 2014, specializes in providing comprehensive engineering, consulting, procurement, construction, and integrated project management services in water pollution control. The company focuses on wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management, and water treatment plants. As a consultant and expert, Effwa Infra & Research Limited also offers project organization, management, procurement, financing, and implementation services, ensuring environmentally friendly waste processing practices. This includes the management of Effluent Treatment Plants (ETP), Sewage Treatment and Remediation (STP), Water Treatment and Distribution (WTP), and Hazardous Waste Management. Their infrastructure projects encompass the design, construction, and procurement of raw materials, installation of wells and pump houses, laying pipelines, and executing electro-mechanical works, with comprehensive project management until commissioning. The company operates in states like Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, and Rajasthan, including the Special Economic Zone with Adani Ports, and serves the international market. As of March 31, 2024, Effwa Infra & Research Limited successfully completed over 45 water management infrastructure projects for public sector undertakings, municipal corporations, states, and private companies. The company employs over 118 people, including 12 engineers specializing in the planning, design, and construction of wastewater treatment systems with a focus on zero discharge systems and secondary treated wastewater transport systems, and 76 engineers in civil, mechanical, electrical engineering, instrumentation and automation, piping, and safety and quality control.

Strength Factors

In-House Expertise: The company boasts specialized in-house expertise in designing and engineering water management infrastructure projects, ensuring high-quality and efficient solutions.

Cost-Effective Outsourcing Model: By leveraging an outsourcing model, Effwa Infra & Research Limited minimizes investments and capital expenditures, enhancing financial efficiency.

Experienced Leadership: The company benefits from a seasoned promoter and management team, providing strategic direction and fostering sustainable growth.

Risk Factor

Outstanding Litigation: The company faces certain outstanding litigation, and an adverse outcome could negatively impact its business, reputation, and operational results.

Bank Guarantee Dependence: The requirement to furnish bank guarantees poses a risk; failure to arrange or the invocation of such guarantees could adversely affect cash flows and financial condition.

Client Concentration: Reliance on a limited number of clients for the majority of revenue means the loss of one or more key clients could have a significant adverse effect on the company's business, financial condition, and results of operations.

Strength

Weakness

Lead Manager(s)

Address

Effwa Infra & Research Limited
G. No. 7, Vardhman Industrial Complex,
Lal Bahadur Shastri Marg, Gokul Nagar,
Thane West, Thane – 400601
Phone: + 91 9833850052
Email: investor@effwa.co.in
Website: https://www.effwa.co.in/

Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059