Quality Enviro Engineers Limited
- Unlisted share
- Industrials & Engineering
- ISIN INE0V2L01016
At a glance
Sales
FY26
₹63.01 Cr
+22.3%on FY25What the company earned from its customers in the year.
Profit
FY26
₹5.04 Cr
+17.2%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹134 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹32.63 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Quality Enviro Engineers Limited
- ISIN
- INE0V2L01016
- Sector
- Industrials & Engineering
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹102.96
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Quality Enviro Engineers Limited
Quality Enviro Engineers Limited designs, makes and supplies environmental equipment such as anti-smog guns, sewer suction and jetting machines, refuse compactors, road sweepers and utility vehicles, largely for municipal use, from a factory in Ghaziabad district, Uttar Pradesh. It is promoted by Ashwani Srivastava and Neha Srivastava; the promoter group held 72.08% when the company filed a draft prospectus for an SME IPO in September 2026.
Written from: qualityenviroengineers.com, qualityenviroengineers.com
Listing status. Not yet listed. Draft Red Herring Prospectus dated 30 September 2026 for a fresh issue of up to 48,00,000 equity shares, proposed to list on the SME Platform of BSE; the company says it has applied to BSE for in-principle approval. Quality Enviro Engineers Limited Draft Red Herring Prospectus dated 30 September 2026, company website
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Industrials & Engineering
- ISIN
- INE0V2L01016
- Year of incorporation
- 2016
- Registered office
- Ghaziabad, Uttar Pradesh
- Promoters
- Ashwani Srivastava and Neha Srivastava
- Key people
- Chairman & Managing Director: Ashwani Srivastava; Chief Financial Officer: Amit Kumar Gupta; Company Secretary and Compliance Officer: Deepti
- Permanent employees
- 156 people
- Face value per equity share
- ₹10
- Equity shares outstanding (before the IPO)
- 1,29,71,750 shares
- Corporate Identity Number
- U29190UP2016PLC082974
- Website
- qualityenviroengineers.com
Read from: Quality Enviro Engineers Limited Draft Red Herring Prospectus dated 30 September 2026, company website, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
26.5×
At this price you pay ₹26.5 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
4.09×
At this price you pay ₹4.09 for every ₹1 of net worth on the company's books.
Profit margincalculated
8%
Out of every ₹100 of sales, ₹8 was left as profit.
Return on equitycalculated
15.4%
For every ₹100 of the owners' money, the company made ₹15.4 of profit in the year.
Debt to equitycalculated
0.39×
The company has borrowed ₹0.39 for every ₹1 of its owners' money.
- Indicative price
- ₹102.96
- Market valuecalculated
- ₹134 Cr
- price × shares
- No. of shares
- 1,29,71,750
- EPS
- ₹3.88
- Book value per share
- ₹25.15
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Quality Enviro Engineers Limited (formerly Quality Enviro Engineers Private Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹40.23 Cr to ₹63.01 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹2.56 Cr to ₹5.04 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Revenue from operations | 40.23 | 51.52 | 63.01▲22% |
| Other income | 0.32 | 0.78 | 1.76▲126% |
| Total income | 40.55 | 52.3 | 64.77▲24% |
| Depreciation and amortisation | 0.1 | 0.09 | 0.2▲122% |
| Finance costs | 1.13 | 0.98 | 1.32▲35% |
| Profit before tax | 3.74 | 5.89 | 6.94▲18% |
| Net profit for the year | 2.56 | 4.3 | 5.04▲17% |
| Restated basic and diluted earnings per share (₹) | 2.02 | 3.32 | 3.88▲17% |
Rupees crore unless marked, standalone (restated). The change shown is the latest year against the year before. Read from: Quality Enviro Engineers Limited Draft Red Herring Prospectus dated 30 September 2026, company website.
Ownership
Shareholding pattern
Who owns the company
As of 30 September 2026 (date of the DRHP)
72.1%Promoter and promoter group
- Largest holder
- 72.1%
- Top 2 together
- 100.0%
- Holders named
- 2
- Promoter and promoter group72.08%
- Public27.92%
- Total100.00%
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 25 Aug 20261,17,92,500 bonus shares issued in the ratio of 10 for every 1 held, taking paid-up capital to 1,29,71,750 shares. | Bonus issue | Equity shares | Not stated | Not stated |
| 22 May 20242,35,850 shares of ₹10 issued at ₹551.20 each to 41 investors. The restated cash flow shows ₹13.77 crore received from share issues in FY2024-25 across this and the April 2024 placement. | Private placement | Equity shares | ₹551.2 | Not stated |
| 16 Apr 202493,400 shares of ₹10 issued at ₹82.50 each to one individual investor. | Private placement | Equity shares | ₹82.5 | Not stated |
| 6 Dec 20226,00,000 shares issued at par to the two promoters. | Rights issue | Equity shares | ₹10 | ₹1 Cr |
Leadership
Management
Ashwani Srivastava
Chairman & Managing Director
Rajiv Kumar
Whole-Time Director
Devendra Singh
Whole-Time Director
Amit Kumar Gupta
Chief Financial Officer
Deepti
Company Secretary and Compliance Officer
Ashok Singh
Non-Executive and Independent Director
Brajesh Kumar
Non-Executive and Independent Director
Shikha Jain
Non-Executive and Independent Director
Read from: Company website, Our Team
Corporate calendar
Events
- 30 Sept 2026DRHPDraft Red Herring Prospectus for a BSE SME IPO of up to 48 lakh new sharesOpen
- 22 Sept 2026AGM10th annual general meeting called to adopt the FY2025-26 accounts and approve raising funds through an IPOOpen
- 25 Aug 2026BonusBonus issue of 10 shares for every 1 heldOpen
- 14 Aug 2026BoardAshwani Srivastava designated Chairman & Managing DirectorOpen
- 30 Oct 2025AGM9th annual general meeting called to adopt the FY2024-25 accountsOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Quality Enviro Engineers Limited on WhatsAppIs the price shown for Quality Enviro Engineers Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Quality Enviro Engineers Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Quality Enviro Engineers Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Quality Enviro Engineers Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.