GEM Enviro Management IPO
ListedGEM Enviro Management IPO Details
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Bidding Date
19-Jun-2024 to
21-Jun-2024 -
Issue Size
₹44.93 Cr
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Price Band
₹71 to ₹75
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Allotment date
24-Jun-2024
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Listing date
26-Jun-2024
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Lot size
1600
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No. of shares
59,90,400
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Fresh issue/OFS
₹11.23 Cr/₹33.7 Cr
About GEM Enviro Management Company
GEM Enviro Management Limited ("GEM") was established in 2013, initially focusing on the collection and recycling of all kinds of packaging waste, including plastic waste. Over time, GEM diversified its operations to include the implementation of Plastic Extended Producer Responsibility (EPR) Programs for various organizations, helping them comply with the Plastic Waste Management (PWM) Rules, 2016, and subsequent amendments. The company offers a comprehensive range of services, including plastic waste collection and sorting, recycling and repurposing, waste trading, and environmental consultancy. GEM's business model revolves around a systematic approach to plastic waste management, adhering to the PWM Rules, and providing top-tier services to its clients.
Subscription Status
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Category
Status
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QIBs
160.2x
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NIIs
330x
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Retail
240.3x
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Others
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Total
244.1x
FAQs for GEM Enviro Management IPO.
What is the issue size of GEM Enviro Management IPO?
The issue size of GEM Enviro Management is ₹44.93 Cr.
What is the industry of GEM Enviro Management?
GEM Enviro Management falls into Industrial Services industry.
Where GEM Enviro Management IPO will be listed?
The GEM Enviro Management IPO will be listed on NSE.
What are the open and close dates for the GEM Enviro Management IPO?
The open and close dates for the GEM Enviro Management are 19-Jun-2024 & 21-Jun-2024.
What are the price band for GEM Enviro Management IPO?
The price band for the GEM Enviro Management ipo is ₹71 to ₹75
What is the listing date of GEM Enviro Management IPO?
The listing date of GEM Enviro Management IPO is 26-Jun-2024.
What is the purpose for the GEM Enviro Management IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times GEM Enviro Management IPO subscribed?
GEM Enviro Management total subscription ratio is 244.1X.
What are the key financials for the GEM Enviro Management IPO?
Key financial of the GEM Enviro Management are:
| GEM Enviro Management | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 33.56 | 42.53 | 32.8 | 25.51 |
| EBIT (₹ Cr) | 14.68 | 13.27 | 9.95 | 7.69 |
| Proft after Tax (₹ Cr) | 11.3 | 10.08 | 7.45 | 5.83 |
| Debt (₹ Cr) | 0 | 0 | 0.02 | 0.02 |
| Net Worth (₹ Cr) | 34.07 | 24.26 | 17.14 | 10.15 |
| RoE (%) | 33.15 | 41.53 | 43.49 | 57.44 |