31 Mar 2022
Assets46.48
Total Income104.62
Profit After Tax4.60
NET Worth18.43
Reserves and Surplus16.10
Total Borrowing10.26
At a glance
Updated 2026-08-24The shares listed at ₹155.80, a 90.00% move from the issue price. Effwa Infra and Research is a SME IPO with an issue size of ₹51.27 crore, proposed for listing on NSE SME. The offer opens on 5th Jul 2024 and closes on 9th Jul 2024. The issue structure includes a fresh issue of ₹40.93 crore and an offer-for-sale component of ₹7.68 crore. The current listing schedule points to 12th Jul 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹51.27 Cr
Fresh issue₹40.93 Cr
Offer for sale₹7.68 Cr
Face value₹10
Price band₹78.00–₹82.00
Allotment10th Jul 2024
Listing12th Jul 2024
Listing performance
Full performance ↗Issue price₹82.00
Listing price₹155.80
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹143.00
GMP / upper price174.39%
Est. listing₹225.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens5th Jul 2024
Closes9th Jul 2024
Allotment10th Jul 2024
Refund11th Jul 2024
Demat11th Jul 2024
Listing12th Jul 2024
Subscription demand
Full bidding ↗Total313.65×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹131,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements of the company; | ₹33.00 Cr |
| Funding of capital expenditure requirements of the company towards purchase of new office Equipments; | ₹0.41 Cr |
| General corporate purposes; | ₹4.91 Cr |
Financials
Full financials ↗31 Mar 2023
Assets64.79
Total Income115.41
Profit After Tax5.13
NET Worth23.56
Reserves and Surplus21.23
Total Borrowing16.23
31 Mar 2024
Assets83.03
Total Income145.51
Profit After Tax13.80
NET Worth37.15
Reserves and Surplus19.32
Total Borrowing14.06
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 45.46% |
| ROCE | 40.99% |
| Debt / Equity | 0.38% |
| RoNW | 37.15% |
| PAT Margin | 9.51% |
| Price to Book Value | 3.93 |
Valuation & shareholding
Pre-IPO EPS7.74
Post-IPO EPS5.96
Pre-IPO P/E10.59
Post-IPO P/E13.75
Promoter holding pre99.99%
Promoter holding post72.99%
Market cap₹189.81 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager Fees including underwriting commission | ₹2.42 Cr |
| Brokerage, selling, commission and upload fees | ₹0.01 Cr |
| Registrar to the issue | ₹0.02 Cr |
| Legal Advisors | ₹0.02 Cr |
| Advertising and Marketing expenses | ₹0.03 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, consultancy, peer review etc.) | ₹2.73 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.