GEM Enviro Management
GEM Enviro Management Info
Details about the GEM Enviro Management IPO. Opening Date of GEM Enviro Management is 19 Jun 24 and Closing Date is 21 Jun 24 . Face Value of Each share of GEM Enviro Management is ₹5 per share. Price band of GEM Enviro Management is ₹71 to ₹75. The Lot size of GEM Enviro Management is 1,600 shares. Total issue size of GEM Enviro Management IPO is ₹44.93 cr. Fresh Issue of GEM Enviro Management IPO is 11.23 cr. GEM Enviro Management IPO also includes offer for sale of ₹33.7 cr.This is a Book Building IPO. Expected to list on BSE SME. Share Holding Pre Issue of GEM Enviro Management is 21,052,800. Share Holding Post Issue of GEM Enviro Management is 22,550,400.
Business Summary
GEM Enviro is specialising in collection and recycling of packaging waste and promotion of recycled green products
Company provide a range of services, including EPR (Extended Producer Responsibility) compliance, Scrap Management, ESG (Environment, Social and Governance) Consulting, BRSR (Business Responsibility and Sustainability Reporting) Reporting, Project Advisory and Management of Plastic Credits, Sales and Marketing of recycled products, and Eco-Awareness Campaigns, adopting a closed-loop model that significantly reduces the environmental impact.
GEM Enviro Management IPO Details
| Open Date | 19 Jun 24 |
|---|---|
| Close Date | 21 Jun 24 |
| Face Value | ₹5 per shares |
| Price Band | ₹71 - ₹75 |
| Lot Size | 1,600 Shares |
| Total issue Size | 5,990,400 Shares ₹44.93 cr |
| Fresh Issue | 1,497,600 Shares ₹11.23 cr |
| Offer for Sale | 4,492,800 Shares (₹33.7 cr) |
| Issue Type | Book Building |
| Listing At | BSE SME |
| Share Holding Pre Issue | 21,052,800 |
| Share Holding Post Issue | 22,550,400 |
| Market Maker | Share India Securities |
| Market Maker Portion | 342,400 Shares |
| RHP , DHRP | View RHP, View DRHP |
GEM Enviro Management IPO Timeline
The GEM Enviro Management Initial Public Offering (IPO) is set to open on 19 Jun 24 and will end its subscription phase on 21 Jun 24. You can check your allotment status for GEM Enviro Management on 24 Jun 24. The refund process for your funds will start promptly on 25 Jun 24. GEM Enviro Management IPO credit of shares will be on 25 Jun 24. The listing date for GEM Enviro Management is on 26 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
GEM Enviro Management IPO Reservation
The GEM Enviro Management IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not less than 15.00% of the Offer will be available for NII, Not More than 35.00% of the Offer will be available for Retail,
342,400 Shares will be reserved for subscription by Share India Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not less than 15.00% of the Offer |
| Retail | Not More than 35.00% of the Offer |
GEM Enviro Management IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 120,000 |
| Retail (Max) | 1 | 1,600 | 120,000 |
| HNI (Min) | 2 | 3,200 | 240,000 |
GEM Enviro Management IPO Promoters Holding
Promoters holding details for GEM Enviro Management in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.44%.
Promoters of GEM Enviro Management are Mr Sachin Sharma, Mrs Sangeeta Pareekh, Mr Dinesh Pareekh, Mr Sarthak Agarwal, BLP Equity Research Private Limited,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.44% |
GEM Enviro Management Financial Information
Financial performance details for GEM Enviro Management over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 3,994.75 | 3,574.93 | 2,684.52 | 1,895.51 |
| Revenue | 2,639.11 | 4,280.57 | 3,291.48 | 2,560.58 |
| Profit After Tax | 840.42 | 1,001.82 | 745.23 | 583.38 |
GEM Enviro Management IPO Key Performance Indicator
Key Performance Indicators (KPIs) for GEM Enviro Management are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 15.76 |
| ROCE | 36.55% |
| ROE | 30.48% |
| EPS (Rs) | 4.76 |
Object of the Issue
- • To Meet Working Capital requirements of the Company
- • General Corporate Expenses
Contact Details for GEM Enviro Management
Phone
Office
Unit No.203, Plaza- P 3, Central Square, Bara Hindu Rao, New Delhi - 110006
Registrar Details for GEM Enviro Management
Skyline Financial Services Private Ltd
Phone
Office
D-153 A, 1st Floor Okhla Industrial Area, Phase-I New Delhi - 110020, Delhi, India
Lead Manager
- • Share India Capital Services Private Limited
- • Fintellectual Corporate Advisors Private Limited