Urban Enviro Waste Management Limited provides Waste Management Solutions & Municipal Solid Waste (MSW) Management services.
The company’s services list includes solid waste collection, transportation, segregation of waste, and processing and disposal services across the Cities in Gujarat, Rajasthan, Madhya Pradesh, and Maharashtra, primarily catering to local municipalities. The company also carries on the activity of providing human resources like staff, workers, and skilled/semi-skilled laborers required by various industries and organizations.
The company caters to Indian Local Bodies along with providing its services to Residential Areas, Industries, Research Institutes, Power Stations, Government & Semi Government Hospitals, and Cantonment Boards to name a few.
Urban Enviro Waste Management primarily undertakes Collection & Transport projects & MSW processing projects. It has undertaken more than 24 projects to date. Out of these 21 are ongoing, which comprises 18 MSW C&T projects, and 3 MSW processing projects.
Urban Enviro Waste Management’s notable ongoing projects include Jaipur Nagar Nigam, Ankleshwar, NEERI, MIHAN India Ltd, NHDC Limited Indira Sagar Power Station to name a few.
Urban Enviro Waste Management IPO – Details
| IPO Opening Date | 12 June 2023 |
| IPO Closing Date | 14 June 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 11,42,400 Shares Worth ₹11.42 Crore Fresh Issue: 9,20,000 Shares Worth ₹9.20 Crore Offer For Sale: 2,22,400 Shares Worth ₹2.22 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Urban Enviro Waste Management IPO – Date Schedule
| IPO Open Date | 12 June 2023 |
| IPO Close Date | 14 June 2023 |
| Basis of Allotment | 19 June 2023 |
| Initiation of Refund | 20 June 2023 |
| Credit of Shares to Demat Account | 21 June 2023 |
| IPO Listing Date | 22 June 2023 |
Urban Enviro Waste Management IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,20,000 |
| Retail (Maximum) | 1 | 1200 | 1,20,000 |
| HNI (Minimum) | 2 | 2400 | 2,40,000 |
Competitive Strengths
- Range of Service offering.
- Promoter and management team with domain experience.
Company Promoters
- Mr. Suresh Sharma
Object Of The Issue
- Repayment of certain secured borrowings in full availed by the Company.
- Funding the working capital requirements of the Company.
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 12.79 | 11.83 | 0.75 |
| 31 March 2021 | 15.87 | 14.90 | 0.82 |
| 31 March 2022 | 19.77 | 17.92 | 1.29 |
| 31 December 2022 | 26.46 | 24.90 | 1.06 |
Urban Enviro Waste Management IPO Promoter Holding
| Pre Issue Share Holding | 75.00% |
| Post Issue Share Holding | 59.06% |
Urban Enviro Waste Management IPO Prospectus
Company Contact Information
| Urban Enviro Waste Management Limited F No 401, Sarkar Apartment, P no. 127, Shankar Nagar, Nagpur – 440010 Phone: +0712 299 6029 Email: info@urbanenv.in Website: http://urbanenviroltd.com/ |
Urban Enviro Waste Management IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Urban Enviro Waste Management IPO Lead Manager(s)
| 1. Pantomath Capital Advisors Pvt Ltd |
Urban Enviro Waste Management IPO FAQs
| What is Urban Enviro Waste Management IPO? Urban Enviro Waste Management IPO is a SME IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on NSE SME. |
| When Urban Enviro Waste Management IPO will open? The IPO is to open on 12 June 2023 for NII and Retail Investors. |
| How to Urban Enviro Waste Management IPO? You can apply Urban Enviro Waste 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 Urban Enviro Waste Management IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Urban Enviro Waste Management”. Click on 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 5 Paisa. |
| How to Apply the Urban Enviro Waste Management IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Urban Enviro Waste Management”. Click on 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 Urban Enviro Waste Management IPO Size? Urban Enviro Waste Management IPO size is ₹11.42 crores. |
| What is Urban Enviro Waste Management IPO Price Band? Urban Enviro Waste Management IPO Price Band is ₹100. |
| What is Urban Enviro Waste Management IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the Urban Enviro Waste Management IPO Allotment Date? Urban Enviro Waste Management IPO allotment date is 19 June 2023. |
| What is the Urban Enviro Waste Management IPO Listing Date? Urban Enviro Waste Management IPO listing date is 22 June 2023. The IPO is to list on NSE SME. |
