GEM Enviro Management Limited IPO

BSE SME

Listed On: Jun 26, 2024 at ₹ 142.5

₹ 120000 /1600 Shares

Check Allotment

GEM Enviro Management Limited IPO Details

19 Jun, 2024

Open Date

21 Jun, 2024

Close Date

24 Jun, 2024

Allotment Date

26 Jun, 2024

Listing Date

Issue Price

₹71-75 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

142.5

Listing Date

2024-06-26

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Share India Capital Services Private Limited
Fintellectual Corporate Advisors Private Limited

Issue Size

Total ₹44.93 Cr :
#Fresh Issue : 1,497,600 shares(aggregating up to ₹11.23 Cr) +
#OFS : 4,492,800 shares of ₹5(aggregating up to ₹33.70 Cr)

Retail Portion

35%

Subscription

265.13 times

IPO Docs

DRHP ANCHOR

GEM Enviro Management Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,129,600 / 848,000	1,977,600	3,955,200
Day 1 - 19-06-24 06:00 PM	3.55 / 8.48 x	14.21 x	9.93 x
Day 2 - 20-06-24 06:00 PM	3.60 / 22.45 x	47.29 x	29.48 x
Day 3 - 21-06-24 06:00 PM	160.22 / 462.89 x	240.25 x	265.13 x

Total No. of Applications: 3,17,929 (Approx)

GEM Enviro Management Limited Valuations

EPS Pre IPO

₹4.76/-

EPS Post IPO

₹4.97/-

P/E Pre IPO

15.76

P/E Post IPO

15.09

RoNW

30.48%

GEM Enviro Management Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	3,574.93	2,684.52	1,895.51
Revenue	4,280.57	3,291.48	2,560.58
Profit After Tax	1,001.82	745.23	583.38

About The Company

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 Waste
2. Collection and recycling of Industrial Plastic Waste
3. Sales and Marketing of recycled products
4. 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.

GEM Enviro Management Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.44%

Company Promoter(s)

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

GEM Enviro Management Limited IPO - Issue Objectives

To Meet Working Capital Requirements
General corporate purpose.

Other Details

Company Contact Details

GEM Enviro Management Limited

Unit No.203, Plaza- P 3, Central Square, Bara, Hindu Rao, -New Delhi-110006

Phone: 011-49068377

Email: vijay.sharma@gemrecycling.com

Website: http://www.gemrecycling.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

GEM Enviro Management Limited IPO - FAQs

Ans. GEM Enviro Management Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jun 19, 2024, and closes on Jun 21, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The GEM Enviro Management Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.

Ans. The size of GEM Enviro Management Limited IPO is Total ₹44.93 Cr : #Fresh Issue : 1,497,600 shares(aggregating up to ₹11.23 Cr) + #OFS : 4,492,800 shares of ₹5(aggregating up to ₹33.70 Cr).

Ans. The IPO price band is set between ₹71-75 per equity share.

Ans. To apply for GEM Enviro Management Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find GEM Enviro Management Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of GEM Enviro Management Limited IPO is Jun 24, 2024.

Ans. The GEM Enviro Management Limited IPO will be listed on Jun 26, 2024.

Ans. Follow the steps to check the allotment status for GEM Enviro Management Limited IPO here.