Water infrastructure company IPO: Strong fundamentals and robust grey market premium – Is it worth investing? Water infrastructure company IPO: Strong fundamentals and robust grey market premium – Is it worth investing? The company achieved an impressive RoE of 36 per cent and RoCE of 77 per cent in FY24, and has a current order book of Rs 750 crore. Mandar Wagh / Tuesday, January 21, 2025 / Article rating: 4.0 The company achieved an impressive RoE of 36 per cent and RoCE of 77 per cent in FY24, and has a current order book of Rs 750 crore.