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Effwa Infra & Research Limited, founded in 2014 specializes in engineering and managing water pollution control projects. They handle wastewater and industrial effluent treatment, solid waste treatment and disposal, aeration systems, hazardous waste management and water treatment plants. 

The company also provides project management services including organization, procurement, financing and implementation. They focus on eco friendly waste processing and manage Effluent Treatment Plants, Sewage Treatment Plants, Water Treatment Plants and Hazardous Waste Management.

Effwa Infra designs and constructs water management infrastructure procures materials, installs wells and pump houses, lays pipelines, handles electro mechanical work and manages projects from start to finish.

Their services are available in Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra, Odisha, West Bengal, Madhya Pradesh, Rajasthan, the Special Economic Zone including Adani Ports, and internationally. By March 31, 2024, Effwa Infra and Research has completed more than 45 projects for government organizations, municipal corporations, state agencies and private companies.

Effwa Infra and Research IPO Overview

Effwa Infra and Research is launching its IPO plan to raise ₹51.27 crores. The issue is a combination of a fresh issue of ₹43.60 cr and OFS of ₹7.68 cr. Subscription for Effwa Infra and Research opens on July 5, 2024 and closes on July 9, 2024. The allotment of shares is expected to be finalized on July 10, 2024 and the shares are set to be listed on NSE SME on July 12, 2024. Price range for the IPO is set between ₹78 and ₹82 per share. Currently, the company’s promoter Dr. Varsha Subhash Kamal and Mr. Subhash Ramavtar Kamal hold 99.99% stake which will be reduced post issue to 72.99%. Registrar for the Effwa Infra and Research IPO is Bigshare Services.