Home IPO GEM Enviro IPO Date, Review, Price, Allotment Details

GEM Enviro IPO Date, Review, Price, Allotment Details

GEM Enviro IPO Date, Review, Price, Allotment Details

Established within the yr 2013, from the yr 2013 to 2018, GEM Enviro Management Limited used to be engaged within the buying and selling of plastic waste subject material and buying and selling of products manufactured out of waste recycling. The corporate used to be dedicated to sustainable plastic waste control and environmental stewardship, offering a basket of products and services to its shoppers that comes with however isn’t restricted to plastic waste assortment and sorting, recycling and repurposing, waste buying and selling, offering surroundings consultancy, and many others. With the sphere revel in in their corporate’s promoters within the plastic waste control business and thorough marketplace wisdom, strategic negotiations have helped us protected just right costs and favorable phrases for plastic buying and selling waste transactions.

In the yr 2016, the Ministry of Environment, Forest and Climate Change (Ministry) notified Plastic Waste Management Rules, 2016 (“PWM Rules”). The PWM Rules mandate the turbines of plastic waste take steps to attenuate the technology of plastic waste, to not clutter the plastic waste, make certain segregated garage of waste at supply & give up segregated waste through regulations. As a part of this initiative, the ministry additionally issued complete pointers on Extended Producer Responsibility (EPR) for plastic packaging in February 2022. These pointers determine a construction for the efficient implementation of EPR, outlining the particular tasks and responsibilities of Producers, Importers, Brand Owners, Recyclers, Waste Processors, and different related stakeholders.

Objects of the Issue:

  • To Meet Working Capital Requirements
  • General company function

GEM Enviro IPO Review

GEM Enviro IPO Date & Price Band Details

IPO Open: June 19, 2024
IPO Close: June 21, 2024
IPO Size: Approx ₹[.] Crores, 1,497,600 Equity Shares
Face Value: ₹5 Per Equity Share
IPO Price Band: [.] to [.] Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 35% of the online be offering
QIB Quota: 50% of the online be offering
NII Quota: 15% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

GEM Enviro IPO Market Lot

The GEM Enviro IPO minimal marketplace lot is [.] stocks with a ₹- software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 [.] ₹-
Retail Maximum 1 [.] ₹-
S-HNI Minimum 2 [.] ₹-

GEM Enviro IPO Dates

The GEM Enviro IPO date is June 19 and the IPO shut date is June 21. The IPO allotment date is June 24 and the IPO may record on June 26.

IPO Open Date: June 19, 2024
IPO Close Date: June 21, 2024
Basis of Allotment: June 24, 2024
Refunds: June 25, 2024
Credit to Demat Account: June 25, 2024
IPO Listing Date: June 26, 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

GEM Enviro IPO Form

How to use GEM Enviro IPO? You can observe GEM Enviro IPO by way of ASBA to be had to your checking account. Just pass to the web financial institution login and observe by way of your checking account through deciding on the GEM Enviro IPO within the Invest segment. The different possibility you’ll observe GEM Enviro IPO by way of IPO paperwork obtain by way of the BSE web page. Check out the GEM Enviro paperwork – click on BSE IPO Forms obtain, fill and post to your financial institution or together with your dealer.

GEM Enviro Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹25.61 ₹17.82 ₹5.83
2022 ₹32.91 ₹22.94 ₹7.45
2023 ₹42.81 ₹29.31 ₹10.02
April 2023 ₹26.39 ₹15.05 ₹8.40

GEM Enviro IPO Valuation – FY2023

Check GEM Enviro IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹4.75 in step with Equity Share
Price/Earning P/E Ratio: [.]
Return on Net Worth (RoNW): 48.57%
Net Asset Value (NAV): ₹11.45 in step with Equity Share

Peer Group

  • Mr Sachin Sharma
  • Mrs Sangeeta Pareekh
  • Mr Dinesh Pareekh
  • Mr Sarthak Agarwal
  • BLP Equity Research Private Limited

GEM Enviro IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

GEM Enviro IPO Allotment Status

Check GEM Enviro IPO allotment standing on Skylinert web page URL. Click Here

GEM Enviro IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited
  • Fintellectual Corporate Advisors Private Limited 

Company Address

GEM Enviro Management Limited
Unit No.203, Plaza- P 3
Central Square, Bara
Hindu Rao, -New Delhi-110006
Phone: 011-49068377
Email: [email protected]
Website: http://www.gemrecycling.com/

GEM Enviro IPO FAQs

What is GEM Enviro IPO?

GEM Enviro IPO is an BSE SME IPO. They are going to lift ₹[.] Crores by way of IPO. The factor is priced at ₹[.] in step with fairness proportion. The IPO is to be indexed on BSE.

When GEM Enviro IPO will open?

The IPO is to open on June 19, 2024 for QIB, NII, and Retail Investors.

What is GEM Enviro IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the GEM Enviro IPO?

You can observe GEM Enviro IPO by way of ASBA on-line by way of your checking account. You too can observe for ASBA on-line by way of UPI via your inventory agents. You too can observe by way of your inventory agents through filling up the offline shape.

How to Apply the GEM Enviro IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the GEM Enviro IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Confirm your software. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the GEM Enviro IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Confirm your software. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is GEM Enviro IPO Size?

GEM Enviro IPO dimension is ₹[.] crores.

What is GEM Enviro IPO Price Band?

GEM Enviro IPO Price Band is ₹[.] in step with fairness proportion.

What is GEM Enviro IPO Minimum and Maximum Lot Size?

The IPO bid is [.] stocks with ₹-.

What is GEM Enviro IPO Allotment Date?

GEM Enviro IPO allotment date is June 24, 2024.

What is GEM Enviro IPO Listing Date?

GEM Enviro IPO list date is June 26, 2024. The IPO to record on BSE SME.

Note: The GEM Enviro IPO main points are introduced formally. The IPO gray marketplace top class (GEM Enviro IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

Exit mobile version