New Delhi Two companies– Enviro Infra masterminds Ltd and Udayshivakumar Infra Ltd– have filed primary papers with capital requests controller Sebi to raise finances through original Public Immolations (IPOs). With these, the total number of companies filing draft IPO papers with the Securities and Exchange Board of India (Sebi) reached 8 in this month.
The IPO of Enviro Infra Engineers consists of trade of 95 lakh equity shares with no Offer- For- trade (OFS) element, according to the Draft Red Herring Prospectus (DRHP). finances raised through the issue will be used to meet the working capital conditions and general commercial purpose.
Enviro Infra Engineers is engaged in designing, construction, operation and conservation of Water and Wastewater Treatment shops and Water Supply Scheme systems for government authorities’ bodies. Going by the draft papers, Udayshivakumar Infra IPO consists of fresh issue of equity shares adding up to Rs 60 crore.
Proceeds of the issue will be used to fund incremental working capital conditions and general commercial purposes. Udayshivakumar Infra is in the business of construction of roads. It bids for roads, islands, irrigation and conduits artificial area construction in Karnataka, including government departments.
Shares of both the companies will be listed on the BSE and National Stock Exchange (NSE). According to Prime Database, 14 companies raised Rs35,456 crore through main- board primary share deals in the first half of the financial, down 32 per cent from the time- ago period when 25 issues had mopped up Rs51,979 crore.
About Enviro Infra Engineers limited
Enviro Infra Engineers Limited (EIEL) was established in 2009 with command in the hands of 2nd generation entrepreneurs, based on guidance & platform set by the founder, Late Shri R.K. Jain in 1991. The company aims to make the world a better place to live by making it more environmentally friendly.
Our promoters have more than 25 years of experience which has helped the company execute projects to the tune of 784 MLD, with 58 projects having PAN India presence. Water shortage and pollution are major issues in today’s world, and we have developed a range of water treatment plants and pipeline systems to solve these issues. Industries can discharge cleaner water into rivers by using our cost-effective wastewater treatment systems. We are able to provide our customers with the most modern and value-driven water treatment systems thanks to the perfect combination of in-house design and engineering teams and project management expertise.
Knowledge and skills are required for the treatment of industrial water. There is nothing that we can’t handle when it comes to water treatment, whether it’s municipal or industrial wastewater (biological, physical and chemical treatment). We’re all concerned about the state of our waterways. The services we provide at EIEL include Sewerage Treatment Plant (STP) and Sewerage System, Common Effluent Treatment Plant (CETP), Water Treatment Plants (WTP) and Water Supply Scheme.
Clients want more than a one-time fix from us. Let us know what your company requirements are, and we’ll take care of them. In addition to the development of plants, we also assist in the administration of plants by providing operation and maintenance services.
About Udayshivakumar Infra Private Limited
Udayshivakumar Infra Private Limited is a 2 times 9 months old Private Company incorporated on 23 Dec 2019. Its listed office is in Davangere, Karnataka, india.
The Company’s status is Active, and it has filed its Periodic Returns and fiscal Statements up to 31 Mar 2021 (FY 2020- 2021). It’s a company limited by shares having a sanctioned capital of Rs36.50 cr and a paid- up capital of Rs36.50 cr as per MCA.
2 Directors and 1 Signatories are associated with the association. The Key Managerial Personnel (KMP) at Udayshivakumar Infra Private Limited India are Bharti Ramchandani as Company Secretary. Amrutha and Udayshivakumar are presently associated as directors.