Enviro Infra Engineers IPO GMP History
Enviro Infra Engineers IPO has been listed on November 29, 2024 at a listing price of ₹220, against the issue price of ₹148 — a gain of ₹72 (+48.65%). The GMP peaked at ₹55 on 28 November 2024 and reached a low of ₹15 on 20 November 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Enviro Infra Engineers IPO raised ₹650.3 Cr. through its IPO at a price band of ₹140 to ₹148 per share, with a lot size of 101 shares. The IPO was open for subscription from 22 Nov 2024 to 26 Nov 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 28 Nov 2024 | ₹ 55 | ▲ | 37% | — | — |
| 27 Nov 2024 | ₹ 50 | — | 34% | — | — |
| 26 Nov 2024 | ₹ 50 | — | 34% | — | — |
| 25 Nov 2024 | ₹ 50 | ▲ | 34% | — | — |
| 23 Nov 2024 | ₹ 33 | ▲ | 22% | — | — |
| 22 Nov 2024 | ₹ 30 | ▲ | 20% | — | — |
| 21 Nov 2024 | ₹ 27 | ▲ | 18% | — | — |
| 20 Nov 2024 | ₹ 15 | — | 10% | — | — |
| 19 Nov 2024 | ₹ 15 | — | 10% | — | — |
Enviro Infra Engineers IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 22 Nov 2024
- Close 26 Nov 2024
- Allotment 27 Nov 2024
- Refund/credit 27 Nov 2024
- Listing 29 Nov 2024
Enviro Infra Engineers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹148 |
|---|---|
| GMP-based estimate (pre-listing) | ₹203 (+37.2%) |
| Listing gain / loss | +₹72 per share |
| Listing date | 29 Nov, 2024 |
| Actual listing price | ₹220 (+48.65%) |
Is Enviro Infra Engineers IPO GMP reliable?
Grey market premium for Enviro Infra Engineers IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Enviro Infra Engineers IPO full review for a fundamentals-based assessment before making any grey market trades.
Enviro Infra Engineers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Enviro Infra Engineers IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Enviro Infra Engineers IPO
Enviro Infra Engineers Limited designs, builds, operates and maintains water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities.
Its WWTPs include sewage treatment plants, sewerage schemes and common effluent treatment plants, and its WSSPs include water treatment plants with pumping stations and pipelines.
It provides EPC services on a fixed-sum turnkey basis and on an item rate basis. Its promoters are Sanjay Jain, Manish Jain, Ritu Jain and Shachi Jain.
The IPO was Rs 650.3 crore, with Rs 572.35 crore of fresh issue and Rs 77.95 crore of offer for sale by the promoters. Fresh money was planned for working capital, a sewage treatment project and repaying borrowings.
Frequently asked
What is the GMP of Enviro Infra Engineers IPO?
The current Grey Market Premium (GMP) of Enviro Infra Engineers IPO is ₹ 55.
What is the Kostak Price of Enviro Infra Engineers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Enviro Infra Engineers IPO is not available.
What is the Subject to Sauda Price of Enviro Infra Engineers IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Enviro Infra Engineers IPO?
Enviro Infra Engineers IPO listed on November 29, 2024 at ₹220, against the issue price of ₹148 — a gain of +48.65%.
How did the GMP of Enviro Infra Engineers IPO trend before listing?
The GMP of Enviro Infra Engineers IPO was rising in its final days before listing. The GMP peaked at ₹55 on 28 November 2024. View the day-wise table above for the complete GMP history.
Explore Enviro Infra Engineers IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
