GEM Enviro Management IPO

Listed Listed stocks

GEM Enviro Management IPO Details

  • Bidding Date

    19-Jun-2024 to
    21-Jun-2024

  • Issue Size

    ₹44.93 Cr

  • Price Band

    ₹71 to ₹75

  • Allotment date

    24-Jun-2024

  • Listing date

    26-Jun-2024

  • Lot size

    1600

  • No. of shares

    59,90,400

  • 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

  • Category

    Status

  • QIBs

    160.2x

  • NIIs

    330x

  • Retail

    240.3x

  • Others

    --

  • Total

    244.1x

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FAQs for GEM Enviro Management IPO.

The issue size of GEM Enviro Management is ₹44.93 Cr.

GEM Enviro Management falls into Industrial Services industry.

The GEM Enviro Management IPO will be listed on NSE.

The open and close dates for the GEM Enviro Management are 19-Jun-2024 & 21-Jun-2024.

The price band for the GEM Enviro Management ipo is ₹71 to ₹75

The listing date of GEM Enviro Management IPO is 26-Jun-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

GEM Enviro Management total subscription ratio is 244.1X.

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