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GEM Enviro Management Ltd.

GEM Enviro Management Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹75
₹75
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹75
Based on GMP
Min. Investment
₹120,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Jun 2024
Close Date
21 Jun 2024
Allotment
24 Jun 2024
Listing Date
26 Jun 2024
Exchange
BSE SME
Price Band
₹75
Listing Price
See chart
Allotment Status
Price Band
₹75
Per share
Face Value
₹5 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
59,90,400 shares (aggregating up to ₹44.93 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
2,10,52,800 shares
Promoters
Post-IPO Holding
2,25,50,400 shares
Promoters
P/E (Pre)
15.76x
 
P/E (Post)
15.09x
 
EPS (Pre)
₹4.76
 
EPS (Post)
₹4.97
 
UPI Deadline
2024-06-21
Mandate
Anchor AllotmentTue, 18 Jun 2024
Basis of AllotmentMon, 24 Jun 2024
Refund InitiationTue, 25 Jun 2024
Demat CreditTue, 25 Jun 2024
Listing DayWed, 26 Jun 2024
UPI Mandate Deadline2024-06-21
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public56,48,000 shares (aggregating up to ₹42.36 Cr)
Market Maker Quota3,42,400 shares (aggregating up to ₹2.57 Cr)
Fresh Issue Shares11,55,200 shares (aggregating up to ₹8.66 Cr)
Offer for Sale44,92,800 shares of ₹5 (aggregating up to ₹33.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
GEM Enviro Management Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
342,400
₹2.57
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,990,400
100% ₹44.93
IPO Shares Offered
GEM Enviro Management Ltd. IPO total issue size: ₹44.93 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 342,400 ₹2.57
5.72%
Total 5,990,400 ₹44.93
100.00%
* Based on upper price band ₹75 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹75.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹240,000
Retail (Max — 13 Lots)1320,800₹1,560,000
S-HNI (Min — 14 Lots)1422,400₹1,680,000
B-HNI (Min — 68 Lots)68108,800₹8,160,000
* Issue Price ₹75 × Lot Size 1,600 shares
IPO Schedule
Anchor
18 Jun 2024
✓ Done
IPO Open
19 Jun 2024
✓ Done
IPO Close
21 Jun 2024
✓ Done
Allotment
24 Jun 2024
✓ Done
Refunds
25 Jun 2024
✓ Done
Demat Credit
25 Jun 2024
✓ Done
Listing Day
26 Jun 2024
✓ Done
GEM Enviro Management Ltd. — Live Price LIVE
₹75.00
INR · BSE
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Issue ₹75.00 Live Price
About GEM Enviro Management Ltd.
Incorporated in February 2013, GEM Enviro Management Limited is a waste management company specialising in recycling all packaging waste, including plastic waste. The company's services can be divided into the following categories:1. EPR consultancy and fulfilment for Plastic Waste2. Collection and recycling of Industrial Plastic Waste3. Sales and Marketing of recycled products4. ESG Consulting and BRSR (Business Responsibility and Sustainability Reporting)Through awareness programs, the company educates people about proper plastic waste disposal and recycling. It generates revenue from selling recycled products and markets these products to existing business customers, emphasizing their environmental benefits and cost-effectiveness.In the fiscal year 2023-24, GEM began offering ESG consulting and BRSR services to clients. This encompasses comprehensive ESG consulting tailored to each client's needs, including assessing current ESG practices, identifying areas for improvement, and integrating sustainability into core business operations through thorough ESG audits, stakeholder engagement, materiality assessments, and benchmarking.GEM Enviro Management has a diverse portfolio with over 100 clients across various industries, including F&B, FMCG, Cement, Fertilizers, Packaging, and Consumer Goods. Some prominent clients are Bengal Beverages Private Limited and Varun Beverages Limited.As of June 2024, the company has 51 full-time employees.
Objects of the Issue
1
To Meet Working Capital Requirements
2
General corporate purpose.
GEM Enviro Management Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹3,291.5
31 Mar 2022
₹4,280.6
31 Mar 2023
₹2,639.1
31 Dec 2023
Profit After Tax (PAT)
N/A
31 Mar 2022
₹1,001.8
31 Mar 2023
₹840.4
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 2639.11 4280.57 3291.48
EBITDA N/A N/A N/A
Profit After Tax (PAT) 840.42 1001.82 N/A
Net Worth 3103.32 2411.51 1713.57
Total Assets 3994.75 3574.93 2684.52
Reserves & Surplus 2050.68 2380.55 1677.57
Borrowings N/A N/A 2.00
EBITDA Margin (%) N/A
PAT Margin (%) 31.84%
P/BV Ratio
5.09
RoE
30.48%
RoCE
36.55%
RoNW
30.48%
PAT Margin
31.84%
Issue Structure & Shareholding
Total Shares Offered59,90,400 (100.00%)
Net Offer to Public56,48,000 shares (aggregating up to ₹42.36 Cr)
Reserved for Market Maker3,42,400 shares (aggregating up to ₹2.57 Cr)
Pre-Issue Promoter Holding2,10,52,800 shares
Post-Issue Promoter Holding2,25,50,400 shares
P/BV Ratio5.09
RoE30.48%
RoCE36.55%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Check Allotment
Book Running Lead Managers
Share India Capital Services Pvt.Ltd.
Fintellectual Corporate Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much GEM Enviro Management Ltd. IPO subscribed?

GEM Enviro Management Ltd. IPO is subscribed 1.00 times by Jun 21, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is GEM Enviro Management Ltd. IPO retail subscription status?

The GEM Enviro Management Ltd. IPO retail category is subscribed 1.00 times as of 21 Jun 2024. The retail portion is oversubscribed.

How to subscribe GEM Enviro Management Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Jun 2024 and closes 21 Jun 2024. Min investment: ₹120,000 (1 lot = 1,600 shares). UPI mandate: 2024-06-21.

How many times GEM Enviro Management Ltd. IPO subscribed?

The GEM Enviro Management Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check GEM Enviro Management Ltd. IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Jun 2024. Refunds: on 25 Jun 2024.

When GEM Enviro Management Ltd. IPO will be listed?

The GEM Enviro Management Ltd. IPO listing date is 26 Jun 2024, Wednesday. Listed on: BSE SME. Issue price: ₹75. Estimated listing: ₹75. GMP: NIL.

When GEM Enviro Management Ltd. IPO close?

The GEM Enviro Management Ltd. IPO closes on 21 Jun 2024, Friday. UPI mandate: 2024-06-21. Allotment: 24 Jun 2024. Listing: 26 Jun 2024.