Enviro Infra Engineers will open for subscription today. The issue, which is a combination of a fresh equity sale worth Rs 572 crore and an OFS of nearly Rs 78 crore, will be available for bidding till November 26.
The company proposes to utilise net proceeds from fresh issue towards working capital requirements, infusion of funds in subsidiary, EIEL Mathura Infra Engineers to build 60 MLD STP under project titled Mathura Sewerage Scheme and repayment of debt.
NTPC Green IPO will kick-off for subscription on November 22 and will close on November 26. The allotment for the IPO will be completed on November 27 and the listing is scheduled for November 29.
The GMP of NTPC Green is currently Rs 27 in the unlisted markets, which indicates a premium of 18% over the issue price.
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