Enviro Infra Engineers IPO subscribed 12.51 times on day 2

Enviro Infra Engineers' IPO saw strong interest, with overall subscription at 12.51 times on the second day. Non-institutional investors showed the highest enthusiasm. The company aims to raise Rs 650 crore, using proceeds for working capital, debt repayment, and a new sewage treatment plant in Mathura.

Nov 25, 2024 - 21:00
Enviro Infra Engineers IPO subscribed 12.51 times on day 2

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Enviro Infra Engineers' IPO saw strong interest, with overall subscription at 12.51 times on the second day. Non-institutional investors showed the highest enthusiasm. The company aims to raise Rs 650 crore, using proceeds for working capital, debt repayment, and a new sewage treatment plant in Mathura.
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