Enviro Infra IPO sees slight dip in grey market premium ahead of listing

Enviro Infra Engineers' IPO is scheduled to be listed on November 29, after receiving a subscription rate of 89.90 times on its closing day.

The shares are currently trading at a premium of Rs 49 in the grey market, which represents a 33.11% increase over the upper price band of Rs 148. This premium has slightly decreased from the previous level of around 38%.

The company specializes in the design, construction, operation, and maintenance of water and wastewater treatment plants. The IPO was priced between Rs 140 and Rs 148 per share, with a total value of Rs 650 crore.

Investors who participated in the IPO can check their allotment status on the official website of Bigshare Services Pvt Ltd using their application number or PAN details.

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