Enviro Infra Engineers Listing Live Updates: Healthy listing in store after IPO sees strong subscription

1 Min Read Enviro Infra Engineers Listing Live Update: Shares of Enviro Infra Engineers, which launched its initial public offering (IPO) for public subscription from November 22 to November 26, will debut on the stock exchange on Friday, November 29. Enviro Infra is expected to make its market debut at ₹205 on the bourses, reflecting a 38.51% premium over its IPO price of ₹ 148, if grey market premiums estimates are taken into consideration.

The ₹650 crore IPO, which had a fresh issue of shares worth ₹572 crore and an Offer For Sale (OFS) component for the rest, was subscribed nearly 90 times during the three-day bidding process. The retail portion too was subscribed over 25 times. Follow all the LIVE Updates pre and post-listing right here.



Enviro Infra Engineers Listing Live Updates: What Does The Company Do? Enviro Infra Engineers Listing Live Updates: Three-Day IPO Saw Healthy Subscription Enviro Infra Engineers’ three-day IPO, ₹650 crore in size, comprised of a fresh issue of shares worth ₹572 crore, while the rest was an Offer for Sale (OFS) component. The three-day issue was subscribed nearly 90 times overall, with the institutional portion (QIB) being subscribed 157 times the total shares on offer for them. The Non-Institutional Portion (NII) too was subscribed 153 times the shares on offer for them, while the retail portion saw subscription of 24.

5 times. Enviro Infra Engineers Listing Live Updates: Strong Listing Likely Good Morning! Welcome to CNBC-TV18’s LIVE coverage of the listing of Enviro Infra Engineers on the bourses today, November 29. The three-day IPO saw healthy subscription and is also likely to see an equally healthy listing as well if grey market premiums are to be believed.

Follow this space for all the LIVE updates..