Enviro Infra Engineers IPO vs Suraksha Diagnostic IPO

Comparison between Enviro Infra Engineers IPO and Suraksha Diagnostic IPO.

IPO Details

Enviro Infra Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraksha Diagnostic IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Enviro Infra Engineers IPO is up to ₹650.30 Cr whereas the issue size of the Suraksha Diagnostic IPO is up to ₹846.25 Cr. The final issue price of Enviro Infra Engineers IPO is ₹148.00 per share and of Suraksha Diagnostic IPO is ₹441.00 per share.

 Enviro Infra Engineers IPOSuraksha Diagnostic IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹140.00 per share₹420.00 per share
Issue Price (Upper)₹148.00 per share₹441.00 per share
Issue Price (Final)₹148.00 per share₹441.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹13.00 per share
Market Lot Size101 shares34 shares
Fresh Issue Size3,86,80,000 shares0 shares
Fresh Issue Size (Amount)up to ₹572.35 Crup to ₹0.00 Cr
OFS Issue Size52,68,000 shares1,91,89,330 shares
OFS Issue Size (Amount)up to ₹77.95 Crup to ₹846.25 Cr
Issue Size Total4,39,48,000 shares1,91,89,330 shares
Issue Size Total (Amount)up to ₹650.30 Crup to ₹846.25 Cr

IPO Timetable

Enviro Infra Engineers IPO opens on Nov 22, 2024, while Suraksha Diagnostic IPO opens on Nov 29, 2024. The closing date of Enviro Infra Engineers IPO and Suraksha Diagnostic IPO is Nov 26, 2024, and Dec 03, 2024, respectively.

 Enviro Infra Engineers IPOSuraksha Diagnostic IPO
Anchor Bid DateNov 21, 2024Nov 28, 2024
Issue OpenNov 22, 2024Nov 29, 2024
Issue CloseNov 26, 2024Dec 03, 2024
Basis Of Allotment (Tentative)Nov 27, 2024Dec 04, 2024
Initiation of Refunds (Tentative)Nov 27, 2024Dec 05, 2024
Credit of Share (Tentative)Nov 28, 2024Dec 05, 2024
Listing date (Tentative)Nov 29, 2024Dec 06, 2024
Anchor Lockin End date 1Dec 27, 2024Jan 03, 2025
Anchor Lockin End date 2Feb 25, 2025Mar 04, 2025

Financials & KPIs

Enviro Infra Engineers IPO P/E ratio is 18.32, as compared to Suraksha Diagnostic IPO P/E ratio of 99.31.

 Enviro Infra Engineers IPOSuraksha Diagnostic IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets812.87761.19347.58148.27
Total Income207.46738.00341.66225.62
Profit After Tax30.78110.5454.9834.55
NET Worth323.00292.18126.5171.62
Reserves and Surplus186.29155.51101.1169.31
Total Borrowing305.59233.5964.5418.11
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets314.20300.21281.20275.96
Total Income61.85222.26193.69225.77
Profit After Tax7.6723.136.0720.82
NET Worth187.05179.41155.93145.84
Reserves and Surplus176.80170.88147.40137.31
Total Borrowing7.578.6414.0119.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.6661.07
Promoter Shareholding (Post-Issue)70.0248.78
P/E Ratio18.3299.31
Market Cap₹2597.84 Cr.₹2296.76 Cr.
ROE51.68%14.09%
ROCE32.34%21.46%
Debt/Equity0.800.20
EPS₹8.08₹4.44
RoNW37.83%14.09%

Shares Offered

In the Enviro Infra Engineers IPO Retail Individual Investors (RII) are offered 1,53,46,800 shares while in Suraksha Diagnostic IPO retail investors are offered 1,53,46,800 shares. Qualified Institutional Buyers (QIB) are offered 87,69,600 shares in Enviro Infra Engineers IPO and 38,37,867 shares in Suraksha Diagnostic IPO.

 Enviro Infra Engineers IPOSuraksha Diagnostic IPO
Anchor Investor Reservation1,31,54,400 shares57,56,797 shares
Market Maker Reservation
QIB87,69,600 shares38,37,867 shares
NII65,77,200 shares28,78,400 shares
RII1,53,46,800 shares67,16,266 shares
Employee1,00,000 shares
Others
Total4,39,48,000 shares1,91,89,330 shares

Bids Received (Subscription)

Enviro Infra Engineers IPO subscribed 89.90x in total, whereas Suraksha Diagnostic IPO subscribed 1.27x.

 Enviro Infra Engineers IPOSuraksha Diagnostic IPO
QIB (times)157.05x1.74x
NII (times)153.80x1.40x
Big NII (times)177.97x1.53x
Small NII (times)105.47x1.16x
RII (times)24.48x0.94x
Employee (times)37.77x
Other (times)
Total (times)89.90x1.27x

Compare with others

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Enviro Infra Engineers IPO Vs Suraksha Diagnostic IPO