GEM Enviro Management Limited is a waste management company specializing in recycling all packaging waste, including plastic waste.
The company’s services can be divided into the following categories:
- EPR consultancy and fulfilment for Plastic Waste
- Collection and recycling of Industrial Plastic Waste
- Sales and Marketing of recycled products
- 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 IPO – Details
| IPO Opening Date | 19 June 2024 |
| IPO Closing Date | 21 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 59,90,400 Shares Worth ₹44.93 Crore Fresh Issue: 14,97,600 Shares Worth ₹11.23 Crore Offer For Sale: 44,92,800 Shares Worth ₹33.70 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹71 – ₹75 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
GEM Enviro Management IPO – Date Schedule
| IPO Open Date | 19 June 2024 |
| IPO Close Date | 21 June 2024 |
| Basis of Allotment | 24 June 2024 |
| Initiation of Refund | 25 June 2024 |
| Credit of Shares to Demat Account | 25 June 2024 |
| IPO Listing Date | 26 June 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2024 |
GEM Enviro Management IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1600 | ₹1,20,000 |
| HNI (Minimum) | 2 | 3200 | ₹2,40,000 |
Competitive Strengths
- Expertise,
- Innovation,
- Sound understanding of the regulatory landscape,
- Commitment to Transparency,
- Relationship with other stakeholders in the value chain.
Company Promoters
- Mr Sachin Sharma
- Mrs Sangeeta Pareekh
- Mr Dinesh Pareekh
- Mr Sarthak Agarwal
- BLP Equity Research Private Limited
Object Of The Issue
- To Meet Working Capital requirements,
- General Corporate Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 25.60 | 17.81 | 5.83 | 0.02 |
| 31 March 2022 | 32.91 | 22.93 | 7.45 | 0.02 |
| 31 March 2023 | 42.80 | 29.30 | 10.01 | – |
| 31 December 2023 | 26.39 | 15.04 | 8.40 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 30.48% |
| ROCE | 36.55% |
| RoNW | 30.48% |
| P/BV | 5.09 |
| PAT Margin (%) | 31.84 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.75 | 4.97 |
| P/E (x) | 15.76 | 15.09 |
GEM Enviro Management IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.44% |
GEM Enviro Management IPO Prospectus
- GEM Enviro Management IPO DRHP
- GEM Enviro Management IPO RHP
Company Contact Information
| 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/ |
GEM Enviro Management IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
GEM Enviro Management IPO Lead Manager(s)
| 1. Share India Capital Services Private Limited 2. Fintellectual Corporate Advisors Private Limited |
GEM Enviro Management IPO FAQs
| What is GEM Enviro Management IPO? GEM Enviro Management IPO is a SME IPO. The issue is priced at ₹71 – ₹75 per equity share. The IPO is to be listed on BSE SME. |
| When GEM Enviro Management IPO will open? The IPO is to open on 19 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to GEM Enviro Management IPO? You can apply for GEM Enviro Management IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the GEM Enviro Management IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro Management”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the GEM Enviro Management IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro Management”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is GEM Enviro Management IPO Size? GEM Enviro Management IPO size is ₹44.93 crores. |
| What is GEM Enviro Management IPO Price Band? GEM Enviro Management IPO Price Band is ₹71 – ₹75. |
| What is GEM Enviro Management IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000. |
| What is the GEM Enviro Management IPO Allotment Date? GEM Enviro Management IPO allotment date is 24 June 2024. |
| What is the GEM Enviro Management IPO Listing Date? GEM Enviro Management IPO listing date is 26 June 2024. The IPO is to list on BSE SME. |
