GEM Enviro IPO GMP Price Today : GEM Enviro IPO GMP Price (IPO) is Open on 19 June 2024 and Close on 21 June 2024. GEM Enviro IPO to Raise 1,497,600 shares (Approx ₹44.9. Cr) via IPO. The Fresh issue of 1,497,600 shares (Approx ₹11.23Cr) and The Offer For Sale is 4,492,800 shares (Approx ₹33.70 Cr).
Our Company, GEM Enviro Management Limited (“GEM”) was established in the year 2013 , Our Company was engaged in trading of plastic waste material and trading of the merchandise manufactured out of the waste recycling.
The company was committed to sustainable plastic waste management and environmental stewardship, providing a basket of services to its customers that includes but not limited to plastic waste collection and sorting, recycling and repurposing, waste trading, providing environment consultancy etc.
With field experience of our company’s promoters in the plastic waste management industry and thorough market knowledge, strategic negotiations have helped us secure good prices and favorable terms for plastic trading waste transactions.
2016, Ministry of Environment, Forest and Climate Change (Ministry) notified Plastic Waste Management Rules, 2016 (“PWM Rules”). The PWM Rules mandate the generators of plastic waste to take.
1.EPR Services Like
Plastic, E Waste, Battery & Tyre waste EPR services as per Their Respective Regulations.
2. Plastic Credits
Plastic credits advisory, management and sale.
3.ESG Consulting
Business Responsibility & Sustainability Reporting. ESG Advisory
4.Waste Collection & Recycling
Collection & Recycling of all kinds of Dry Waste (Plastic,E-waste,Battery waste,Tyre waste).
Our Compant Clients Deatil
GEM Enviro company has many brand customers who are associated as customers, list of which you will find below.
- Himalaya Wellness Company.
- Amul Dairy company.
- Parle Products.
- V-Guard Industries.
- BigBasket.
- Orient Electric.
- Honasa Consumer ( Mamaearth ).
- PepsiCo India.
- Varun Beverages.
- Coca-Cola.
- Bisleri Drink company.
GEM Enviro IPO Review
GEM Enviro IPO Date & Price Band Details
| IPO Open Date | 19 June 2024 |
|---|---|
| IPO Close Date | 21 June 2024 |
| IPO Size | 1,497,600 shares (Approx ₹44.9. Cr) |
| Fresh Issue | 1,497,600 shares (Approx ₹11.23Cr) |
| Offer For Sale | 4,492,800 shares (Approx ₹33.70 Cr) |
| Lot Size | 1600 Shares |
| IPO Face Value | ₹5 Per Equity Share" |
| IPO Price Band | ₹71 to ₹75 Per Every Share |
| IPO Listing On | BSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
GEM Enviro IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹120,000 |
| Retail Maximum | 1 | 1600 | ₹120,000 |
| S-HNI Minimum | 2 | 3,200 | ₹240,000 |
Object of the Issue
- To Meet Working Capital Requirements.
- General corporate purposes.
GEM Enviro IPO Allotment & Listing Date (Details)
| IPO Open Date | 19 June 2024 |
|---|---|
| IPO Close Date | 21 June 2024 |
| Basis of Allotment | 24 June 2024 |
| Refunds | 25 June 2024 |
| Credit to Demat Account | 25 June 2024 |
| IPO Listing Date | 26 June 2024 |
GEM Enviro Financial Reports
| ₹ in Lakhs | |||
|---|---|---|---|
| Year | Revenue | Net Worth | PAT |
| Dec 2023 | ₹2,639.11 | ₹3,103.32 | ₹840.42 |
| 2023 | ₹4,280.57 | ₹2,411.51 | ₹1,001.82 |
| 2022 | ₹3,291.48 | ₹1,713.57 | ₹745.23 |
| 2021 | ₹2,560.58 | ₹1,015.14 | ₹583.38 |
GEM Enviro Company Contact Details
Unit No. 203, Plaza- P 3, Central Square, Bara Hindu Rao, Delhi
110006
Telephone: 011-49068377
E-mail: info@gemrecycling.com
Investor grievance Id: investors@gemrecycling.com
Website: www.gemrecycling.com
GEM Enviro IPO Registrar
Skyline Financial Services Private Limited
Address: D-153A, 1st Floor, Okhla Industrial
Area Phase-I, New Delhi – 110020, India
Tel No.: 011-40450193-97
Email Id: ipo@skylinerta.com
Investor Grievance ID: info@skylinerta.com
Contact Person: Mr. Anuj Rana
Website: www.skylinerta.com
