Enviro Infra Engineers Reports Significant Progress in IPO Fund Utilization for Q3 2025
Enviro Infra Engineers Limited has utilized Rs 41,267.57 lakhs out of Rs 51,727.25 lakhs raised from its November 2024 IPO, according to the latest monitoring agency report. Key allocations include Rs 16,414.07 lakhs for working capital, Rs 3,000 lakhs for subsidiary fund infusion, and Rs 12,000 lakhs for loan repayment. Rs 10,459.69 lakhs remain unutilized, with Rs 10,586 lakhs invested in a fixed deposit. CRISIL Ratings Limited confirmed no deviations from the disclosed objectives.
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Enviro Infra Engineers Limited , a prominent player in the engineering, designing, and construction sector, has released its latest monitoring agency report, detailing the utilization of proceeds from its Initial Public Offering (IPO) for the quarter ended September 30, 2025. The report, prepared by CRISIL Ratings Limited, provides a comprehensive overview of how the company has allocated its funds across various objectives outlined in its offer document.
IPO Fund Allocation and Utilization
The company raised a total of Rs 650.30 crores through its IPO in November 2024, comprising a fresh issue of Rs 572.35 crores and an offer for sale of Rs 77.95 crores. Here's a breakdown of how the funds have been utilized:
| Objective | Amount Allocated (Rs in lakhs) | Amount Utilized (Rs in lakhs) | Unutilized Amount (Rs in lakhs) |
|---|---|---|---|
| Working Capital Requirements | 18,100.00 | 16,414.07 | 1,685.93 |
| Subsidiary Fund Infusion (EIEL Mathura) | 3,000.00 | 3,000.00 | 0.00 |
| Loan Repayment | 12,000.00 | 12,000.00 | 0.00 |
| Inorganic Growth and General Corporate Purposes | 18,627.25 | 9,853.49 | 8,773.76 |
| Total | 51,727.25 | 41,267.57 | 10,459.69 |
Key Highlights of Fund Utilization
Working Capital
During the reported quarter, the company utilized Rs 739.61 lakhs for working capital requirements, bringing the total utilization to Rs 16,414.07 lakhs.
Subsidiary Fund Infusion
The company completed its planned investment of Rs 3,000 lakhs in EIEL Mathura Infra Engineers Private Limited for the Mathura Sewerage Scheme project.
Loan Repayment
The entire allocated amount of Rs 12,000 lakhs for loan repayment has been utilized.
Inorganic Growth and General Corporate Purposes
A significant investment of Rs 2,500 lakhs was made towards EIE Renewables Private Limited under this category during the quarter.
Unutilized Funds and Investment
As of September 30, 2025, Enviro Infra Engineers has Rs 10,459.69 lakhs of unutilized IPO proceeds. The majority of these funds (Rs 10,586 lakhs) have been invested in a fixed deposit with HDFC Bank, earning an interest rate of 6.30% with a maturity date of September 23, 2026.
Compliance and Monitoring
CRISIL Ratings Limited, acting as the monitoring agency, has reported no deviations from the disclosed objectives. The agency confirmed that the proceeds are being utilized as per the offer document, ensuring transparency and adherence to regulatory requirements.
Conclusion
Enviro Infra Engineers Limited's systematic approach to fund utilization reflects its focus on strengthening its financial position, supporting subsidiary operations, and pursuing growth opportunities. With a significant portion of the IPO proceeds already deployed and the remainder strategically invested, the company appears well-positioned to execute its business plans and create value for its shareholders.
Investors and stakeholders can take confidence in the transparent reporting and the company's adherence to its stated objectives, as validated by the independent monitoring agency.
Historical Stock Returns for Enviro Infra Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.68% | -1.90% | -1.59% | -14.14% | -34.78% | -3.66% |
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