Last day of bidding in Enviro Infra IPO, subscribed 12.58 times, know which category of investors will become rich…

Enviro Infra Ipo: Today is the last day to bid for the IPO of Enviro Infra Engineers Limited. This IPO was subscribed a total of 12.58 times in two trading days.

This IPO has been subscribed 8.82 times in the retail category, 2.58 times in the Qualified Institutional Buyers (QIB) category and 34.66 times in the Non-Institutional Investors (NII) category.

This IPO was opened on 22 November. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 29 November. The issue size of this IPO is Rs 650.43 crore.

The company plans to issue a total of 4 crore 39 lakh 48 thousand shares. This includes fresh issue of 3 crore 86 lakh 80 thousand new shares, while the promoters will sell 52 lakh 68 thousand shares. The price of each share is fixed at Rs 10.

How much can investors invest? (Enviro Infra IPO)

Enviro Infra Engineers Limited has fixed the price band of the IPO at ₹140 to ₹148 per share. Retail investors can bid for a minimum of one lot i.e. 101 shares.

In the IPO of Enviro Infra Engineers Limited, if you apply for 1 lot at the upper price band of ₹ 148, then you will have to pay ₹ 14,948 for it.

Apart from this, retail investors can apply for a maximum of 13 lots i.e. 1 thousand 313 shares. Whereas investors will be able to invest Rs 1 lakh 94 thousand 324 according to the upper price band.