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Quality Enviro Engineers ₹104 ▲ 13.0% 1M
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Quality Enviro Engineers Unlisted Shares

Industrials Environmental and waste management equipment

Quality Enviro Engineers designs, makes and supplies pollution control equipment, waste management machinery and utility vehicles for municipalities and industry. It operates from Ghaziabad in Uttar Pradesh.

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Indicative price
As of 23 Oct 2026
₹104 ▲ 13.04% in 1 month
Key facts

Quality Enviro Engineers share details

Lot size
1,600 shares
Min. investment
₹166,400
Face value
₹10
Implied market cap
₹135 Cr
Shares outstanding
12,971,750
Headquarters
Ghaziabad, Uttar Pradesh
Website
qualityenviroengineers.com
ISIN
INE0V2L01016
CIN
U29190UP2016PTC082974
Lock-in after IPO
6 months
Price history

Quality Enviro Engineers share price chart

1Y change
+18.18%
High
₹104
Low
₹88.00

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Quality Enviro Engineers

Quality Enviro Engineers Limited is an environmental engineering company based in Ghaziabad, Uttar Pradesh. It designs, manufactures and supplies environmental management equipment, pollution control equipment, waste management equipment and utility vehicles. Its registered office is in Sahibabad and its factory is at Faridnagar, both in Ghaziabad district. The product range is split into three groups. Air pollution management covers anti smog guns, fog cannons, water sprinklers, air purifiers and water tankers. Liquid waste management covers sewer suction machines, jetting machines, super sucker machines, amphibious excavators and drain cleaning machines. Solid waste management covers refuse compactors, tippers, road sweepers and portable compactors. It also builds utility vehicles such as sky lifts, tree ambulances and recovery vehicles. Customers are mainly municipal bodies and industrial users, and equipment is configured to tender and project specifications. The company also provides installation, commissioning, training, and operation and maintenance contracts, and trades in items such as mobile toilets, dustbins, batteries and spares. It is registered with the National Small Industries Corporation as a Micro and Small Enterprise, which lets it take part in government procurement under the MSE framework. The board is led by Ashwani Srivastava as Chairman and Managing Director, with Rajiv Kumar and Devendra Singh as Whole-Time Directors. Amit Kumar Gupta is the Chief Financial Officer. We could not read a readable annual report for this page, so revenue, profit and shareholding figures are not shown here. Please check the company's filings for them. On IPO Guru the shares are listed with an indicative price of ₹104 and a lot size of 1600 shares, which gives an implied market cap of about ₹134.91 crore. Unlisted shares of a company like this are dealt off-market between private parties, so prices are indicative and not set by an exchange. Liquidity can be thin.

Strengths

  • The company covers air pollution control, liquid waste management, solid waste management and utility vehicles, so it is not tied to one product line.
  • It does in-house design and fabrication, with its own factory and testing set-up, and configures equipment to each tender or project requirement.
  • It offers installation, commissioning, operator training and annual maintenance contracts, which can bring repeat service work after a machine is sold.
  • Registration with NSIC as a Micro and Small Enterprise helps it participate in government procurement under MSE norms.

Risks

  • We could not read audited financials for this page, so growth, margins, debt and cash flow cannot be judged from the sources we hold.
  • Municipal bodies are major buyers, so orders depend on government tenders, budgets and payment cycles.
  • The business is project and tender driven, so revenue can be uneven from one period to the next.
  • Unlisted shares trade off-market with indicative prices, so buying or selling quickly may be hard.
  • The company is small and operates from one factory location in Ghaziabad district, so a disruption there would affect output.
  • Many competitors make similar sanitation and pollution control machinery, which can put pressure on pricing in tenders.
Leadership

Management team

Ashwani Srivastava
Chairman & Managing Director
Chairman and Managing Director of the company.
Rajiv Kumar
Whole-Time Director
Whole-Time Director on the board.
Devendra Singh
Whole-Time Director
Whole-Time Director on the board.
Amit Kumar Gupta
Chief Financial Officer
Chief Financial Officer of the company.
Deepti
Company Secretary and Compliance Officer
Company Secretary and Compliance Officer.
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Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.

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