Urban Enviro Waste Management IPO Details ( Urban Enviro Waste Management Limited IPO Review )
(12 Jun 2023 – 14 Jun 2023)
Urban Enviro Waste Management Limited was established in 2011 with a primary focus on offering comprehensive Waste Management Solutions and efficient Municipal Solid Waste (MSW) Management services.
The company provides a range of services such as solid waste collection, transportation, waste segregation, processing and disposal in cities across Gujarat, Rajasthan, Madhya Pradesh and Maharashtra. Its primary focus is on serving local municipalities. Additionally, the company provides human resources to industries and organizations, supplying employees, labor and skilled/semi-skilled workers as per their requirement.
The company serves various entities in India, including local bodies, residential areas, industries, research institutes, power stations, government and semi-government hospitals, and cantonment boards, among others.
Specializes in the execution of urban environmental waste management collection and transportation projects and MSW processing projects. With a track record of over 24 projects so far, the company currently has 21 ongoing initiatives. Of these, 18 are dedicated to MSW collection and transportation, while the remaining 3 are focused on MSW processing.
Some of the major ongoing projects of Urban Environmental Waste Management include Jaipur Municipal Corporation, Ankleshwar, NEERI, Mihan India Limited, NHDC Limited Indira Sagar Power Station and many more.
Urban Enviro Waste Management Limited IPO Competitive Strength
- Diversified Services
- Leverage of automation and technology
- Experienced Promoter and management team with domain expertise
- Expand our footprint in existing markets and enter new geographical markets
- Leveraging our market skills and relationship
- Continue to focus on operational efficiency
Urban Enviro Waste Management IPO Financials Performance ( Results )
Urban Enviro Waste Management Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 751.08 | 1,262.81 | 75.07 | 2.20 | 105.00 | 3.08 | 104.00 | 96.24 |
| 31-Mar-21 | 701.25 | 1,572.83 | 82.88 | 2.43 | 187.88 | 5.51 | 186.88 | 186.23 |
| 31-Mar-22 | 2,115.98 | 1,969.01 | 129.35 | 3.79 | 317.23 | 9.30 | 316.23 | 1,218.11 |
| 31-Dec-22 | – | 2,629.96 | 106.42 | 3.12 | 423.65 | 12.42 | 82.65 | 1,213.47 |
Objective of IPO Issue
- Repayment of certain secured borrowings (including accrued interest and foreclosure charges, if any) in full availed by the company ( 221.91 Lakhs )
- Funding the working capital requirements ( 380.00 Lakhs )
- General corporate purposes.
Urban Enviro Waste Management IPO Basic Details
| IPO Date | Jun 12, 2023 to Jun 14, 2023 |
| Listing Date | Thursday, June 22, 2023 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 1,142,400 shares (aggregating up to ₹11.42 Cr) |
| Fresh Issue | 920,000 shares (aggregating up to ₹9.20 Cr) |
| Offer for Sale | 222,400 shares of ₹10 (aggregating up to ₹2.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Suresh Sharma |
Urban Enviro Waste Management IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Urban Enviro Waste Management IPO Timetable
Urban Enviro Waste Management IPO will open on June 12, 2023 and close on June 14, 2023. You can join Urban Enviro Waste Management IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 12 June 2023 (Monday) |
| Closing Date | 14 June 2023 (Wednesday) |
| Basis of Allotment | 19 June 2023 (Monday) |
| Initiation of Refunds | 20 June 2023 (Tuesday) |
| Credit of Shares to Demat | 21 June 2023 (Wednesday) |
| Listing Date | 22 June 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 June 2023 |
Urban Enviro Waste Management IPO Lot Size
For retail investors in Urban Enviro Waste Management IPO, 1200 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 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| S-HNI (Min) | 2 | 2400 | ₹240,000 |
Urban Enviro Waste Management IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Urban Enviro Waste Management IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹3.79 per Equity Share |
| Price/Earning P/E Ratio | 30.49 |
| Return on Net Worth (RoNW) | 40.77% |
| Net Asset Value (NAV) | ₹9.30 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Urban Enviro Waste Management Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 34.10 |
| P/E (x) | 30.49 |
| ROE (%) | Coming Soon |
| ROCE (%) | Coming Soon |
| Debt/Equity | 3.84 |
Urban Enviro Waste Management Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | P/BV Ratio |
| Urban Enviro Waste Management Limited | Consolidated | – | 10.00 | 3.79 | 30.49 | 40.77 | 9.30 | – |
| Peer Group | ||||||||
| Antony Waste Handling Cell Limited | Consolidated | 257.05 | 5.00 | 31.96 | 8.04 | 16.97 | 188.32 | 1.47 |
Urban Enviro Waste Management IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 19 June 2023 | ₹43 | – | – |
| 18 June 2023 | ₹45 | – | – |
| 17 June 2023 | ₹43 | – | – |
| 16 June 2023 | ₹43 | – | – |
| 15 June 2023 | ₹43 | – | – |
| 14 June 2023 | ₹43 | – | – |
| 13 June 2023 | ₹33 | – | – |
| 12 June 2023 | ₹23 | – | – |
| 11 June 2023 | ₹11 | – | – |
| 10 June 2023 | ₹0 | – | – |
Urban Enviro Waste Management IPO Detail Video:
Urban Enviro Waste Management IPO Subscription Status (Bidding Detail)
The Urban Enviro Waste Management IPO on June 13, 2023 at 7:30:00 PM was subscribed 255.49 times, with the retail category being subscribed 220.65 times, the other category being subscribed 281.41 times.
| Category | Subscription |
| Other | 281.41x |
| Retail | 220.65x |
| Total | 255.49x |
Urban Enviro Waste Management IPO Prospectus
Urban Enviro Waste Management IPO Rating
| Our Rating | 2.5/5.0 |
Urban Enviro Waste Management Company Contact Information
Urban Enviro Waste Management Limited
Registered Office: F No 401, Sarkar Apartment, P no. 127,
Shankar Nagar, Nagpur -440010, Maharashtra, India
Tel: +0712 299 6029
E-mail: info@urbanenv.in
Website: http://urbanenviroltd.com
Contact Person: Ms. Mona Parag Kewalramani, Company Secretary and Compliance Officer
Promoter Of Our Company: Mr. Suresh Sharma
Urban Enviro Waste Management IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, Maharashtra, India.
Tel: +91 22 6263 8200
Facx: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration Number: MB/INR000001385
Urban Enviro Waste Management IPO Lead Manager
Pantomath Capital Advisors Private Limited
Registered Office: 406-408, Keshava Premises, Behind Family Court Bandra Kurla Complex,
Bandra (East) Mumbai- 400051
Corp. Office: Neuclus House B wing, 5th Floor, Sakivihar Road, Tunga Village, Raje Shivani
Nagar, Andheri East Mumbai -400072 Maharashtra, India.
Tel: +91-22 6194 6700
Email and Investor Grievance Id: ipo@pantomathgroup.com
Website: www.pantomathgroup.com
Contact Person: Punam Thadeshwar/ Bharti Ranga
SEBI Registration No: INM000012110
Urban Enviro Waste Management IPO FAQs
What is the lot size of Urban Enviro Waste Management IPO?
The total size of Urban Enviro Waste Management IPO is ₹11.42 crores out of which ₹9.20 crores is fresh issue and ₹2.22 crores is offer for sale (OFS).
When will Urban Enviro Waste Management IPO start?
Urban Enviro Waste Management IPO will Open from 12 June 2023 and IPO will Close on 14 June 2023.
What is the open date of Urban Enviro Waste Management IPO?
Urban Enviro Waste Management IPO will open date from 12 June 2023.
What is the last date ( close date ) of Urban Enviro Waste Management IPO?
Urban Enviro Waste Management IPO will close from 14 June 2023.
What is the price band of Urban Enviro Waste Management IPO?
Urban Enviro Waste Management IPO price band is ₹100.
What is the minimum amount required to apply for Urban Enviro Waste Management IPO?
The minimum investment for retailers to apply for Urban Enviro Waste Management IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Urban Enviro Waste Management IPO?
View gray market premium of Urban Enviro Waste Management IPO by Clicking Here
How much is the GMP of Urban Enviro Waste Management IPO?
Watch Urban Enviro Waste Management IPO GMP Today: Click Here
What is the allotment date of Urban Enviro Waste Management IPO?
The allotment date of Urban Enviro Waste Management IPO is 19 June 2023.
How to check allotment status in Urban Enviro Waste Management IPO?
To check the allotment status of Urban Enviro Waste Management IPO, first of all go to the registrar website by clicking here, select your bad Urban Enviro Waste 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 Urban Enviro Waste Management IPO?
The Listing Date of Urban Enviro Waste Management IPO is 22 June 2023.
How much will be the listing gain in Urban Enviro Waste Management IPO?
View listing gain of Urban Enviro Waste Management IPO by Clicking Here
How much time Urban Enviro Waste Management IPO is subscribed?
Total 255.49 times subscribed in Urban Enviro Waste Management IPO out of which 220.65 times subscription was done in retail quota, 281.41 times subscription in other quota.
How to apply for Urban Enviro Waste Management IPO from Upstox?
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How to apply for Urban Enviro Waste Management IPO from Zerodha?
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How to apply for Urban Enviro Waste Management IPO from Angle One?
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