Envirotech Systems Limited

Envirotech Systems IPO is open for subscription from Friday, September 13, 2024, and closes on Tuesday, September 17, 2024. The price band for this IPO is set at Rs 53 – Rs 56 per share. Envirotech Systems IPO is offering entirely a fresh issue of 54 lakh equity shares worth up to Rs 30.24 crore equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, September 18, 2024. The listing of this IPO will be done on Friday, September 20, 2024, at the NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 2000 shares. For retail investors, the minimum and maximum investment amount required is Rs 112,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 4000 shares amounting to Rs 224,000. The IPO is managed by Share India Capital Services Private Limited, which is the book-running lead manager of this public issue. The company has appointed Bigshare Services Private Limited as the registrar for the issue.