Effwa Infra & Research Limited IPO GMP Today, Price Range and Company Details

Effwa Infra & Research IPO offers shares at ₹78 to ₹82, with a ₹115 Grey Market Premium. Available in 1600 share lots, the subscription runs from July 5 to July 9, 2024.
Effwa Infra & Research Limited IPO GMP Today, Price Range and Company Details

As of June 19, 2024, Effwa Infra & Research IPO has ₹115 as Grey Market Premium, with a price range of ₹78 to ₹82 per share. Offering lots of 1600 shares, the subscription window is open from July 5 to June 9, 2024.

Effwa Infra & Research Limited IPO GMP Today

The Grey Market Premium (GMP) for Effwa Infra & Research Limited is ₹115 as of June 19, 2024. This assessment coincides with a price of ₹51 to ₹54 per share for the IPO.

Effwa Infra & Research Limited IPO Review

Effwa Infra & Research Limited exhibits a robust financial trajectory with growing revenue, increasing from ₹10,436.67 lakhs in March 2022 to ₹14,515.93 lakhs by March 2024. This growth accompanies a strengthened equity and liabilities structure, highlighting expansion potential and decreased debt reliance, enhancing investor confidence.

Despite a reduction in Return on Net Worth (RoNW) from 24.96% to 37.15%, the company’s profit after tax and EPS have significantly improved, suggesting enhanced profitability. The firm’s asset base has expanded, indicating potential growth, though the increased current ratio points to challenges in meeting short-term obligations.

To get a full IPO review, click here Effwa Infra & Research IPO

Effwa Infra & Research Limited IPO Date

Effwa Infra & ResearchLimited will start accepting subscriptions from July 5, 2024 to July 9, 2024.

Effwa Infra & Research Limited IPO Price

Effwa Infra & Research Limited’s price range is ₹78 to ₹82 per share with a face value of ₹10 each.

Effwa Infra & Research Limited

Effwa Infra & Research Limited (EIRL) specialises in engineering, consultancy, and project management for water pollution control and waste management projects. They focus on Zero Liquid Discharge systems and offer full project lifecycle services, from feasibility to post-commissioning maintenance, securing projects via competitive bids and supporting with a dedicated AMC team.

How To Apply For Effwa Infra & Research Ltd IPO?

To apply for the Effwa Infra & Research through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Effwa Infra & Research on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Effwa Infra & Research IPO at Alice Blue in just a few clicks!

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