Enviro Infra Engineers IPO Day 1 Live Updates: GMP, price band, subscription status, other details as issue opens today
₹140 to ₹148 per equity share. The company aims to raise ₹650.43 crore, of which ₹572.46 crore is expected through the issuance of fresh shares, while the remaining ₹77.97 crore will be raised from offer-for-sale (OFS).
Enviro Infra Engineers shares will be listed on the BSE and NSE. Stay tuned to our Enviro Infra Engineers IPO Day 1 Live Blog for the latest updates.Enviro Infra Engineers IPO Day 1 Live: Enviro Infra Engineers shares are showing a strong trend in the unlisted market as the grey market premium (GMP) today increased.
Enviro Infra Engineers IPO GMP today is ₹39 per share. This means that in the grey market, Enviro Infra Engineers shares are trading higher by ₹39 at ₹187 apiece, a premium of 26% to the IPO price of ₹148 per share.Enviro Infra Engineers IPO Day 1 Live: The ₹650.43-crore worth Enviro Infra Engineers IPO is a combination of fresh issue of 3.87 crore equity shares worth ₹572.46 crore and an offer-for-sale (OFS) component of 52.68 lakh equity shares amounting to ₹77.97 crore.Enviro Infra Engineers IPO Day 1 Live: Enviro Infra Engineers IPO price band has been fixed ₹140 to ₹148 per share.
At the upper-end of the price band, the company plans to raise ₹650.43 crore from the public issue.Enviro Infra Engineers IPO Day 1 Live: The initial public offering (IPO) of wastewater management company Enviro Infra Engineers Ltd hits the Indian primary market today. Enviro Infra Engineers IPO is a book-built issue worth ₹650.43 crore which opens for subscription today, November 22, and will close on November 26.
Read more on livemint.com
