29 Nov 2024

Enviro Infra Engineers Makes Strong Market Debut with 47% Premium on BSE

Enviro Infra Engineers opened at ₹218 on the BSE, registering a significant jump of ₹70 or 47.29% over its issue price of ₹148.

Currently, the stock is trading at ₹210.75, reflecting a gain of ₹62.75 or 42.40% above its issue price. It recorded a high of ₹233.50 and a low of ₹210.05 during the session, with 30.16 lakh shares traded so far.

The IPO, available for subscription between November 22 and November 26, 2024, saw an overwhelming response, being subscribed 89.9 times. The issue price was set at ₹148, the upper limit of its ₹140-148 price band.

Enviro Infra Engineers specializes in the design, construction, operation, and maintenance of water and wastewater treatment facilities and water supply projects for government agencies.