The GEM Enviro Management Limited date has been confirmed from June 19, 2024 and closes on June 21, 2024. Read the post to learn about GEM Enviro Management Limited IPO GMP.
GEM Enviro IPO is a book built issue of 14.98 lakh shares. The issue is entirely a fresh issue of 14.98 lakh shares. The allotment for the GEM Enviro IPO is expected to be finalized on Monday, June 24, 2024. GEM Enviro IPO will be listed on BSE SME, with a tentative listing date fixed for Wednesday, June 26, 2024.
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Key Details Of GEM Enviro Management Limited IPO
Bidding Dates
June 19-21
Price Range
Coming Soon
Face Value
₹5 per share
GMP
₹71
GEM Enviro Management Limited IPO GMP
The GEM Enviro Management Limited IPO GMP is ₹71.
IPO Overview
GEM Enviro IPO opens for subscription on June 19, 2024 and closes on June 21, 2024. GEM Enviro IPO price bands are yet to be announced.
GEM Enviro Management Limited IPO Details
| IPO Date | June 19, 2024 to June 21, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | 1,497,600 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 1,497,600 shares (aggregating up to ₹[.] 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 |
| Market Maker portion | 342,400 shares Share India Securities |
GEM Enviro Management Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 3,994.75 | 3,574.93 | 2,684.52 | 1,895.51 |
| Revenue | 2,639.11 | 4,280.57 | 3,291.48 | 2,560.58 |
| Profit After Tax | 840.42 | 1,001.82 | 745.23 | 583.38 |
| Net Worth | 3,103.32 | 2,411.51 | 1,713.57 | 1,015.14 |
| Reserves and Surplus | 2,050.68 | 2,380.55 | 1,677.57 | 979.14 |
| Total Borrowing | 2.00 | 2.00 | ||
| Amount in ₹ Lakhs | ||||
GEM Enviro Management Limited IPO Timeline
| IPO Open Date | Wednesday, June 19, 2024 |
| IPO Close Date | Friday, June 21, 2024 |
| Basis of Allotment | Monday, June 24, 2024 |
| Initiation of Refunds | Tuesday, June 25, 2024 |
| Credit of Shares to Demat | Tuesday, June 25, 2024 |
| Listing Date | Wednesday, June 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2024 |
Company Profile
GEM Enviro Management Limited (GEM) is a top waste management agency (WMA) that offers a range of sustainability services to its clients. GEM is dedicated to creating a sustainable future and aims to help businesses worldwide become sustainable by providing them with sustainable solutions.
GEM serves top multinational and Indian companies like Coca-Cola, SC Johnson, Varun Beverages, NFL, IFFCO, Mamaearth, Himalaya, Herbalife, Orient Electric, and more. GEM organizes awareness programs for schools, colleges, and communities to
educate them about waste disposal and recycling. GEM also conducts IEC activities for informal sector workers in collaboration with clients.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | GEM Enviro Management Limited |
| Phone number | 011-49068377 |
| Email ID | [email protected] |
| Website | gemrecycling.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
GEM Enviro Management Limited IPO FAQs
When GEM Enviro IPO will open?
The GEM Enviro IPO opens on June 19, 2024 and closes on June 21, 2024.
What is the lot size of GEM Enviro IPO?
GEM Enviro IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is GEM Enviro IPO listing date?
The GEM Enviro IPO listing date is not yet announced. The tentative date of GEM Enviro IPO listing is Wednesday, June 26, 2024.
