GEM Enviro IPO Subscription Status: GEM Enviro IPO is Open on 19 June, 2024 and Close on 21 June, 2024. GEM Enviro IPO to Raise 1,497,600 Shares (Approx ₹[.] Cr) via IPO. The Fresh Issue of 1,497,600 Shares (Approx ₹[.] Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
GEM Enviro IPO is an SME IPO and Listed on BSE SME. GEM Enviro IPO Price Band is Fixed at ₹[.] Equity Share. GEM Enviro IPO Lot Size is [.] Shares.
About GEM Enviro IPO :
- GEM Enviro Established In The Year 2013,Has Emerged As A Trailblazer In The Industry, Combining Cutting-Edge Systems And Processes, Environmental Stewardship, And A Commitment To Sustainability To Create A More Responsible And Eco-Friendly Approach To Plastics. Further GEM Enviro Management Aspires To Create A Sustainable Future Where Every Producer Takes Responsibility For Their Products’ Entire Life Cycle, From Production To End-Of-Life Disposal, Minimizing The Environmental Footprint And Promoting A Circular Economy.
- These Clients Have Recognized The Importance Of EPR In Fostering Ecoresponsibility And Have Chosen To Partner With GEM For Their Sustainability Efforts. GEM Team Collaborates Closely With Each Client To Develop And Implement EPR Programs Tailored To Their Specific Needs And Goals. Through These Partnerships, GEM Has Seen The Transformation Of Companies’ Attitudes Towards Environmental Responsibility, Making It An Integral Part Of Their Business Strategy.
GEM Enviro IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 11,29,600 | 18,09,82,400 | 160.22 |
| Non Institutional Buyers (NIIs) | 8,48,000 | 39,25,31,200 | 463.26 |
| Retail Individual Buyers (RIIs) | 19,77,600 | 47,51,28,000 | 239.44 |
| Anchor Investor | 16,92,800 | 16,92,800 | 1 |
| Market Maker | 3,42,400 | 3,42,000 | 1 |
| Total | 39,55,200 | 1,04,86,41,600 | 264.80 |
GEM Enviro Subscription Status day-by-day-
| Categories | 19 June | 20 June | 21 June |
|---|---|---|---|
| QIB | 3.55 | 3.60 | 0.00 |
| NII | 8.48 | 22.45 | 0.00 |
| RII | 14.21 | 47.29 | 0.00 |
| Total | 9.93 | 29.48 | 0.00 |
GEM Enviro Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
GEM Enviro Review From MoneyMintIdea –
- May Apply
