Enviro Infra Engineers plans to raise ₹650 crore through its IPO, establishing itself as a key player in the water and wastewater treatment sector.

The company has successfully built 28 wastewater treatment plants in the last seven years and has intentions to expand its operations in eastern and southern India.

As of June 2024, Enviro Infra has an order book worth ₹1,906 crore. The company's quarterly performance has shown significant improvement due to higher realizations. Although the valuations are considered to be on the higher side, the medium-term outlook is positive, supported by protectionist measures in the tyre industry and the ongoing China plus strategy.

Enviro Infra has an in-house team dedicated to the design, engineering, and construction of its projects, which further strengthens its position in the market.