Envirotech Systems IPO opens today: Check issue size, GMP, price band and other details
1) Envirotech Systems IPO size
The IPO is entirely a fresh equity issue of 54 lakh shares and through the issue the company plans to raise Rs 30 crore.
2) Envirotech Systems IPO price band
The company is offering its shares at Rs 53-56 apiece, and investors can bid for 2,000 shares in one lot.
3) Envirotech Systems GMP
In the unlisted market, the company's shares had no GMP ahead of issue opening.
4) About Envirotech Systems
Envirotech Systems is a leading acoustic engineering organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, the company has expanded its capabilities to include innovative acoustical product design and manufacturing.
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5) Industry overview
India’s acoustics market i.e. NVH (noise, vibration, and harshness) testing market has valued at $141 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of
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