Enviro Infra Engineers IPO allotment: Know the details

The IPO of Enviro Infra Engineers, a leading player in the water and waste management sector, has attracted a lot of attention. The company's strong financials, experienced management team, and robust pipeline of projects have made it a hot pick among investors. Here's a detailed look at the allotment process for Enviro Infra Engineers IPO:

Allotment Date

The allotment date for Enviro Infra Engineers IPO was November 27th, 2024. The company had fixed November 21st to 23rd as the bidding dates for its IPO.

Allotment Status

Investors can check their allotment status online by visiting the registrar's website (LinkIntime India Pvt. Ltd.) or the company's website. To check the status, investors will need to enter their PAN number, application number, or DP ID.

Basis of Allotment

The allotment of shares in Enviro Infra Engineers IPO was done on a proportionate basis. This means that investors who applied for more shares may not have received the full number of shares they applied for. The allotment was done as per the following ratios:

• Retail Individual Investors (RIIs): 50% of the issue size
• Non-Institutional Investors (NIIs): 35% of the issue size
• Qualified Institutional Buyers (QIBs): 15% of the issue size

Listing Date

The shares of Enviro Infra Engineers are expected to be listed on the BSE and NSE on November 29th, 2024.

The allotment of Enviro Infra Engineers IPO has been completed, and investors can now check their allotment status. The company's strong fundamentals and growth potential make it a worthwhile investment for investors with a long-term horizon.