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GEM Enviro Management Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size59,90,400 shares (aggregating up to ₹44.93 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 19 Jun 2024
Subscription CloseFri, 21 Jun 2024
Anchor AllotmentTue, 18 Jun 2024
Basis of AllotmentMon, 24 Jun 2024
Initiation of RefundsTue, 25 Jun 2024
Credit of Shares to DematTue, 25 Jun 2024
Listing DateWed, 26 Jun 2024
UPI Mandate Deadline2024-06-21
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 3,200 shares
EPS (Pre-IPO)₹4.76
EPS (Post-IPO)₹4.97
P/E Ratio (Pre-IPO)15.76x
P/E Ratio (Post-IPO)15.09x
Net Offer to Public56,48,000 shares (aggregating up to ₹42.36 Cr)
Reserved for Market Maker3,42,400 shares (aggregating up to ₹2.57 Cr)
Pre-IPO Promoter Holding2,10,52,800 shares
Post-IPO Promoter Holding2,25,50,400 shares
Fresh Issue Shares11,55,200 shares (aggregating up to ₹8.66 Cr)
Offer for Sale Shares44,92,800 shares of ₹5 (aggregating up to ₹33.70 Cr)
About GEM Enviro Management Ltd.

Incorporated in February 2013, 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 Waste2. Collection and recycling of Industrial Plastic Waste3. Sales and Marketing of recycled products4. 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.

Objects of the Issue

GEM Enviro Management Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To Meet Working Capital Requirements
2
General corporate purpose.
Shareholding & Lock-in
Pre-IPO Promoter Holding 2,10,52,800 shares
Post-IPO Promoter Holding 2,25,50,400 shares
Check AllotmentCheck Status →
GEM Enviro Management Ltd. — Live Price LIVE
₹75.00
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Issue ₹75.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹75
GMPNIL
Est. Listing₹75
Lot Size1,600 shares
Min Amount₹240,000
Listing Date26 Jun 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹75
Listing Date26 Jun 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 342,400 ₹2.57 Cr
TOTAL 5,990,400 100.00% ₹44.93 Cr
* Based on ₹75.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹75.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹120,000
Retail (Max) 13 20,800 ₹1,560,000
sNII (Min) 14 22,400 ₹1,680,000
bNII (Min) 68 108,800 ₹8,160,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 2639.11 4280.57 3291.48
EBITDA N/A N/A N/A
Profit After Tax (PAT) 840.42 1001.82 N/A
Net Worth 3103.32 2411.51 1713.57
Total Assets 3994.75 3574.93 2684.52
Reserves & Surplus 2050.68 2380.55 1677.57
Total Borrowings N/A N/A 2.00
Key Ratios & Valuation
Issue Price ₹75
Face Value ₹5 Per Share
P/BV 5.09
RoE 30.48%
RoCE 36.55%
RoNW 30.48%
PAT Margin (%) 31.84%
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
GEM Enviro Management Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹5 Per Share
Script Code
N/A
Address
Unit No.203, Plaza- P 3 Central Square, Bara Hindu Rao, -New Delhi-110006 Delhi, New Delhi
Book Running Lead Managers
Share India Capital Services Pvt.Ltd.
Book Running Lead Manager (BRLM)
Fintellectual Corporate Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)