GEM Enviro IPO Details ( GEM Enviro Management Limited IPO Review )
(19 June 2024 – 21 June 2024)
GEM Enviro Management Limited, founded in February 2013, is a waste management company that focuses on recycling all types of packaging waste, especially plastic.
Their services are categorized into:
- EPR consultancy and fulfillment for plastic waste
- Collection and recycling of industrial plastic waste
- Sales and marketing of recycled products
- ESG consulting and Business Responsibility and Sustainability Reporting (BRSR)
The company runs awareness programs to educate people on proper plastic waste disposal and recycling. It earns revenue by selling recycled products to businesses, highlighting their environmental benefits and cost savings.
In the 2023-24 fiscal year, GEM expanded its services to include ESG consulting and BRSR. This service provides tailored ESG consulting to clients, which includes evaluating current ESG practices, finding areas for improvement, and integrating sustainability into core business operations through thorough ESG audits, stakeholder engagement, materiality assessments, and benchmarking.
GEM Enviro Management serves over 100 clients across various industries such as food and beverage, FMCG, cement, fertilizers, packaging, and consumer goods. Notable clients include Bengal Beverages Private Limited and Varun Beverages Limited.
As of June 2024, GEM Enviro Management employs 51 full-time staff.
GEM Enviro Management Limited IPO Competitive Strength
- Expertise
- Innovation
- Sound understanding of the regulatory landscape
- Commitment to Transparency
- Relationship with other stakeholders in the value chain
GEM Enviro IPO Financials Performance ( Results )
GEM Enviro Management Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 1,895.51 | 2,560.58 | 583.38 | 1,015.14 | 979.14 | |
| 31-Mar-22 | 2,684.52 | 3,291.48 | 745.23 | 1,713.57 | 1,677.57 | |
| 31-Mar-23 | 3,574.93 | 4,280.57 | 1,001.82 | 2,411.51 | 2,380.55 | 2.00 |
| 31-Dec-23 | 3,994.75 | 2,639.11 | 840.42 | 3,103.32 | 2,050.68 | 2.00 |
Objective of GEM Enviro IPO Issue
- To Meet Working Capital Requirements
- General corporate purpose.
GEM Enviro IPO Basic Details
| IPO Date | June 19, 2024 to June 21, 2024 |
| Listing Date | Wednesday, June 26, 2024 |
| Face Value | ₹5 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 shares |
| Issue Size | 5,990,400 shares of ₹5 (aggregating up to ₹44.93 Cr) |
| Fresh Issue | 1,497,600 shares of ₹5 (aggregating up to ₹11.23 Cr) |
| Offer for Sale | 4,492,800 shares of ₹5 (aggregating up to ₹33.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 21,052,800 |
| Share holding post issue | 22,550,400 |
GEM Enviro IPO Reservation
| Anchor Investor Shares Offered | 28.26% of the Net Issue |
| Market Maker Shares Offered | 5.72% of the Net Issue |
| QIB Shares Offered | 18.86% of the Net Issue |
| NII (HNI) Shares Offered | 14.16% of the Net Issue |
| Retail Shares Offered | 33.01% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
GEM Enviro Management IPO Timetable
GEM Enviro Management IPO will open on June 19, 2024 and close on June 21, 2024. You can join GEM Enviro Management IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 19 June 2024 (Wednesday) |
| Closing Date | 21 June 2024 (Friday) |
| Basis of Allotment | 24 June 2024 (Monday) |
| Initiation of Refunds | 25 June 2024 (Tuesday) |
| Credit of Shares to Demat | 25 June 2024 (Tuesday) |
| Listing Date | 26 June 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 21 June 2024 |
GEM Enviro Management IPO Lot Size
For retail investors in GEM Enviro Management IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| S-HNI (Min) | 2 | 3200 | ₹240,000 |
GEM Enviro IPO Promoter Holding
The company’s promoters include Mr Sachin Sharma, Mrs Sangeeta Pareekh, Mr Dinesh Pareekh, Mr Sarthak Agarwal, and BLP Equity Research Private Limited.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.44% |
GEM Enviro Management Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 169.13 |
| Earning Per Share (EPS) | ₹4.75 per Equity Share |
| Net Asset Value (NAV) | ₹11.45 per Equity Share |
| P/E Ratio (P/E) (x) | 15.76 |
| Post P/E Ratio (P/E) (x) | 15.09 |
| Return on Net Worth (RoNW) (%) | 30.48 |
| Return on equity (ROE) (%) | 30.48 |
| Return on Capital Employed (ROCE) (%) | 36.55 |
| Debt/Equity Ratio | |
| Price/Book Value Ratio | 5.09 |
GEM Enviro IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹72 | – | – |
| 25 June 2024 | ₹70 | – | – |
| 24 June 2024 | ₹74 | – | – |
GEM Enviro Management IPO Detail Video:
link
GEM Enviro IPO Subscription Status (Bidding Detail)
The GEM Enviro Management IPO on June 21, 2024 at 7:02:00 PM was subscribed 265.13 times, with the retail category being subscribed 240.25 times, the NII (Non-Institutional Investor) category being subscribed 462.89 times, QIB (Qualified-Institutional Buyers) category being subscribed 160.22 times.
| Category | Subscription |
| QIB | 160.22x |
| NII | 462.89x |
| Retail | 240.25x |
| Total | 265.13x |
GEM Enviro IPO Prospectus
| GEM Enviro Management IPO DRHP | Download |
| GEM Enviro Management IPO RHP | Download |
| GEM Enviro Management IPO Anchor Investors Details PDF | Download |
GEM Enviro Management IPO Rating
| Our Rating | 3.5/5.0 |
GEM Enviro Management Company Contact Information
GEM Enviro Management Limited
Registered Office: Unit No.203, Plaza- P 3, Central Square, Bara Hindu Rao, Delhi 110006, India
Website: www.gemrecycling.com
E-Mail: info@gemrecycling.com
Telephone No: 011-49068377
Company Secretary and Compliance Officer: Mr. Vijay Kumar Sharma
Promoter of Our Company: Mr. Sachin Sharma, Mrs. Sangeeta Pareekh, Mr. Dinesh Pareekh, Mr. Sarthak Agarwal and Blp Equity Research Private Limited
GEM Enviro Management IPO Registrar
Skyline Financial Services Private Limited
SEBI Registration No.: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020, India
Tel. No.: 011-40450193-97
Fax No.: NA
Contact Person: Mr. Anuj Rana
Email Id: ipo@skylinerta.com
Investor Grievance E-mail: info@skylinerta.com
Website: www.skylinerta.com
CIN: U74899DL1995PTC071324
GEM Enviro Management IPO Lead Manager
Share India Capital Services Private Limited
SEBI Registration Number: INM000012537
Address: A-15, Basement, Sector – 64, Noida, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301
Telephone Number: +91-120-4910000
Contact Person: Mr. Kunal Bansal
Email Id: kunal.bansal@shareindia.co.in
Investors Grievance E-mail: info@shareindia.com
Website: www.shareindia.com
CIN: U65923UP2016PTC075987
Fintellectual Corporate Advisors Private Limited
SEBI Registration No.: INM000012944
Address: 204, Kanishka Shopping Complex, Mayur Vihar, Phase 1, Extension, Delhi – 110091
Telephone Number: +91-11-48016991
Contact Person: Mr. Amit Puri/ Mr. Pramod Negi
E-mail: info@fintellectualadvisors.com
Investor Grievance E-mail: investors@fintellectualadvisors.com
Website : www.fintellectualadvisors.com
CIN: U74999DL2021PTC377748
GEM Enviro Management IPO FAQs
What is the lot size of GEM Enviro Management IPO?
The total size of GEM Enviro Management IPO is ₹44.93 crores out of which ₹11.23 crores is fresh issue and ₹33.70 crores is offer for sale (OFS).
When will GEM Enviro Management IPO start?
GEM Enviro Management IPO will open from 19 June 2024 and IPO will close on 21 June 2024.
What is the open date of GEM Enviro Management IPO?
GEM Enviro Management IPO will open date from 19 June 2024.
What is the last date ( close date ) of GEM Enviro Management IPO?
GEM Enviro Management IPO will close from 21 June 2024.
What is the price band of GEM Enviro Management IPO?
GEM Enviro Management IPO price band is ₹71 to ₹75. ( Upper Price Band: ₹75, Lower Price Band: ₹71 )
What is the minimum amount required to apply for GEM Enviro Management IPO?
The minimum investment for retailers to apply for GEM Enviro Management IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of GEM Enviro Management IPO?
View gray market premium of GEM Enviro Management IPO by Clicking Here
How much is the GMP of GEM Enviro Management IPO?
Watch GEM Enviro Management IPO GMP Today: Click Here
What is the allotment date of GEM Enviro Management IPO?
The allotment date of GEM Enviro Management IPO is 24 June 2024.
How to check allotment status in GEM Enviro Management IPO?
To check the allotment status of GEM Enviro Management IPO, first of all go to the registrar website by clicking here, select your bad GEM Enviro Management IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of GEM Enviro Management IPO?
The listing date of GEM Enviro Management IPO is 26 June 2024.
How much will be the listing gain in GEM Enviro Management IPO?
View listing gain of GEM Enviro Management IPO by Clicking Here
How much time GEM Enviro Management IPO is subscribed?
Total 265.13 times subscribed in GEM Enviro Management IPO out of which 240.25 times subscription was done in retail quota, 462.89 times subscription in NII quota and 160.22 times subscription in QIB quota.
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