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GEM Enviro Management IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to ESG - Waste sector. Share India Capital Services Private is the merchant banker of GEM Enviro Management IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th February 2024.
GEM Enviro Management IPO open date is 19th June 2024 and close date is 21st June 2024. IPO Allotment Date is 24th June 2024 and Listing date is 26th June 2024.GEM Enviro Management IPO size is Rs 44.93 Cr. crores with IPO price of Rs 75.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Share India Capital Services Private Limited is the book-running lead manager of the GEM Enviro Management IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Share India Securities Limited for GEM Enviro Management IPO.
GEM Enviro Management IPO anchor investors are the below investors. The number of anchor investors in this IPO is 8.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Strategic Sixth Sense | 174,400.00 | ₹75.00 | ₹13,080,000.00 |
| India Equity Fund | 200,000.00 | ₹75.00 | ₹15,000,000.00 |
| LRSD Securities Private | 356,800.00 | ₹75.00 | ₹26,760,000.00 |
| Rajasthan Global Securities | 356,800.00 | ₹75.00 | ₹26,760,000.00 |
| Saint Capital Fund | 200,000.00 | ₹75.00 | ₹15,000,000.00 |
| Imvesta Growth Scheme | 136,000.00 | ₹75.00 | ₹10,200,000.00 |
| Kingsman Wealth Fund | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
| Vedas Opportunities Fund | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
GEM Enviro Management IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
GEM Enviro Management IPO, based in New Delhi, operates in the ESG - Waste sector with a focus on waste management company specialising in recycling all packaging waste. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. GEM Enviro Management IPO size is ₹ 44.93 Cr. Crores with fresh issue size of Rs 44.93 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for GEM Enviro Management IPO is expected to be 24th June 2024, after the finalization of basis of allotment. Investors can check GEM Enviro Management IPO allotment status on the registrars website, Skyline Financial Services Private Limited. GEM Enviro Management IPO refund dates are 25th June 2024.
GEM Enviro Management IPO is expected to be listed on 26th June 2024.
The upper price band for the GEM Enviro Management IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on GEM Enviro Management IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the GEM Enviro Management IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st June 2024. After submission, funds are blocked until the basis of allotment of GEM Enviro Management IPO is finalised.
The merchant banker for GEM Enviro Management IPO is Share India Capital Services Private Limited . Share India Capital Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the GEM Enviro Management IPO RHP for further details.
The registrar for GEM Enviro Management IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to GEM Enviro Management IPO through their official website or helpline.
GEM Enviro Management IPO was subscribed 265.13 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 44.93 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.85 Cr.
Sector: ESG - Waste
SME IPO so far:
3
Merchant Banker:
Share India
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 34.95 cr.
PE
Ratio:
15.09x
Average Sector PE Ratio: 24.68x
GEM Enviro Management IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on GEM Enviro Management Financial Review Page
Merchant Banker(s) of GEM Enviro Management IPO: Share India Capital Services Private Limited
GEM Enviro Management IPO subscription was 265.13 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
GEM Enviro Management IPO listed at a listing price of 149.62 against the offer price of 75.00.
The current market price of GEM Enviro Management is 83.53.
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