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?
What is GEM Enviro IPO Investors Portion?
How to Apply the GEM Enviro IPO?
How to Apply the GEM Enviro IPO via Zerodha?
How to Apply the GEM Enviro IPO via Upstox?
How to Apply the GEM Enviro IPO via Paytm Money?
What is GEM Enviro IPO Size?
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?
What is GEM Enviro IPO Allotment Date?
What is GEM Enviro IPO Listing Date?
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