GEM Enviro Management Limited IPO (GEM Enviro Management IPO)

GEM Enviro Management Limited IPO
Upcoming GEM Enviro Management IPO | New GEM Enviro Management IPO

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

GEM Enviro Management IPO – Details

IPO Opening Date19 June 2024
IPO Closing Date21 June 2024
Issue TypeBook Built Issue IPO
Issue Size59,90,400 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 Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtBSE SME
RegisterSkyline Financial Services Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

GEM Enviro Management IPO – Date Schedule

IPO Open Date19 June 2024
IPO Close Date21 June 2024
Basis of Allotment24 June 2024
Initiation of Refund25 June 2024
Credit of Shares to Demat Account25 June 2024
IPO Listing Date26 June 2024
Cut-off time for UPI mandate confirmation5 PM on June 21, 2024

GEM Enviro Management IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,20,000
Retail (Maximum)11600₹1,20,000
HNI (Minimum)23200₹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.
GEM Enviro Management IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202125.6017.815.830.02
31 March 202232.9122.937.450.02
31 March 202342.8029.3010.01
31 December 202326.3915.048.40
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE30.48%
ROCE36.55%
RoNW30.48%
PAT Margin (%)31.84
Pre IPOPost IPO
EPS (Rs)4.75
P/E (x)

GEM Enviro Management IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.44%

GEM Enviro Management IPO Prospectus

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
Websitehttp://www.gemrecycling.com/

GEM Enviro Management IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Websitehttps://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

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.
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