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Envirotech Systems Limited

Envirotech Systems Limited

smelisted
Registrar: BIGSHARE SERVICES PRIVATE LIMITED · Listing 2024-09-24
IPO Timeline
Today · 20 Oct 2026
Opens
13 Sept 2024
Closes
19 Sept 2024
Allotment
15 Sept 2024
Refund
23 Sept 2024
Demat
20 Sept 2024
Listing
24 Sept 2024
Price Band
₹53–56
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹112,000
Subscription
0x
Issue Size
₹30.24 Cr
Open
2024-09-13
Close
2024-09-19
Listing
2024-09-24

About the company

## **About Envirotech Systems Limited** Envirotech Systems Limited, established in 2007, is a prominent leader in the acoustic products industry, specializing in noise measurement and control solutions tailored for both industrial and commercial applications. With a team of over 98 employees and a network of technical experts, Envirotech has built a strong reputation for providing innovative and cost-effective noise abatement solutions. Their comprehensive services include extensive research, cost-benefit analysis, and engineering solutions designed to meet diverse acoustical challenges in various markets, including industrial, commercial, architectural, and environmental sectors. The company boasts state-of-the-art manufacturing facilities equipped to handle materials like carbon steel, stainless steel, and alloy steel. These facilities are adept at producing high-quality acoustic products using advanced technologies, including welding, painting, and fabrication areas for large structures. Envirotech’s skilled workforce, including qualified welders and technical personnel proficient in non-destructive testing (NDT), ensures the sustained production of reliable and durable noise control solutions. Their product range includes custom acoustic enclosures, noise test booths, engine test room acoustics, anechoic and semi-anechoic chambers, and noise barriers, all designed to meet specific customer needs. Envirotech Systems Limited is dedicated to delivering bespoke acoustic solutions that align with the unique requirements of their clients. Their custom acoustic enclosures are engineered for both indoor and outdoor applications, offering high stability, longevity, and exceptional acoustic performance. The company’s noise test booths are designed to enhance accuracy and efficiency in noise testing by isolating and controlling ambient noise. Additionally, their engine test room acoustics and anechoic chambers are meticulously crafted to provide precise and replicable testing environments, crucial for industries such as automotive and manufacturing. With a focus on innovation and continuous improvement, Envirotech’s well-established R&D department employs cutting-edge technology and efficient personnel to advance product development and production technologies. Their commitment to excellence is evident through a track record of successful projects across industries like oil and gas, manufacturing, power generation, and construction. As Envirotech Systems Limited continues to expand both domestically and internationally, their dedication to high-quality, tailored noise control solutions remains at the forefront of their mission. 1. Purchase Land and Building for setting up factory  1. Funding of working capital requirements of the Company  1. General Corporate Expenses 1. Issue Expenses

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 24 Sept 2024
      Listed 756 days ago
      1. IPO Opens

        Completed
        13 Sept 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        19 Sept 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        15 Sept 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        23 Sept 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        20 Sept 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        24 Sept 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹56
      Min Investment (1 lot)
      ₹112,000
      Price Band
      ₹53–56
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹112,000
      Max amount
      ₹112,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹224,000
      Max amount
      ₹224,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹15.12 Cr
      Shares offered
      2,774,312
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.54 Cr
      Shares offered
      832,294
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹10.58 Cr
      Shares offered
      1,942,018
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).