Effwa Infra & Research Limited, a company involved in engineering and project management for water and waste treatment, is all set to launch its Initial Public Offering (IPO) on July 5th, 2024. This is good news for investors looking for opportunities in the infrastructure sector.
- IPO Dates: The subscription window for the IPO will be open from July 5th to July 9th, 2024.
- Price Band: Investors can bid for shares within a price range of ₹78 to ₹82 per share.
- Issue Size: The company aims to raise ₹51.27 crore through this IPO.
- Lot Size: The minimum number of shares you can apply for is 1600
- Listing: The shares are proposed to be listed on the NSE SME platform, which caters to small and medium-sized enterprises.
Established in 2014, Effwa Infra offers a range of services related to water pollution control, solid waste management, and ventilation systems. They help design, procure materials, construct, and manage projects for clients looking to set up treatment plants or improve their waste management practices.
Should You Invest in the Effwa Infra IPO?
Prior to making investment decisions, conducting independent research is essential :
- Company Financials: Analyze Effwa Infra’s financial statements to understand its revenue, profitability, and debt levels.
- Industry Outlook: Research the growth potential of the water and waste management sector in India.
- IPO Risks: Every IPO carries some risk. Consider factors like the company’s track record, the size of the IPO, and market conditions.
You can find the IPO prospectus and other relevant documents on the website of the Bombay Stock Exchange (NSE) or the company’s website (if available). Consulting with a financial advisor can also be helpful, especially if you’re new to investing in IPOs.
Remember: Investing in the stock market involves inherent risks. By carefully considering the information available and making informed decisions, you can increase your chances of success.