GEM Enviro IPO description – Founded in 2013, GEM Enviro Management specializes in the collection and recycling of various types of packaging waste, with a particular focus on plastic waste. Over time, the company expanded its services to include implementing Plastic Extended Producer Responsibility Programs for different organizations, which has now become its primary business vertical.
In the fiscal year 2022-2023, revenue from the collection and recycling of industrial plastic waste accounted for 17.42%, while sales and marketing of recycled products contributed 0.18% to the total revenue.
GEM Enviro Management provides the following services:
- 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)
With a diverse portfolio of over 100 clients, GEM Enviro Management has built strong relationships across various industries, including Food and Beverages (F&B), Fast-Moving Consumer Goods (FMCG), cement, fertilizers, packaging, consumer goods, and more. Some of GEM’s prominent clients include Bengal Beverages Private Limited (a bottler for THE COCA-COLA COMPANY) and Varun Beverages Limited.
Promoters of GEM Enviro – Mr. Sachin Sharma, Mrs. Sangeeta Pareekh, Mr. Dinesh Pareekh, Mr. Sarthak Agarwal and Blp Equity Research Private Limited
Table of Contents
GEM Enviro Management IPO Details
| GEM Enviro IPO Dates | 19 – 21 June 2024 |
| GEM Enviro Issue Price | INR 71 – 75 per share |
| Fresh issue | 14,97,600 shares (INR 10.63 – 11.23 crore) |
| Offer For Sale | 44,92,800 shares (INR 31.90 – 33.70 crore) |
| Total IPO size | 59,90,400 shares (INR 42.53 – 44.93 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,20,000) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
GEM Enviro Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 25.51 | 32.80 | 42.53 | 26.21 |
| Expenses | 17.82 | 22.94 | 29.31 | 15.05 |
| Net income | 5.83 | 7.45 | 10.02 | 8.40 |
GEM Enviro Management Offer News
- GEM Enviro RHP
- GEM Enviro Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
GEM Enviro Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.76 | 3.53 | 4.75 |
| PE ratio | – | – | – |
| RONW (%) | 83.23 | 54.62 | 48.57 |
| NAV | 4.82 | 8.14 | 11.45 |
| ROCE (%) | 76.58 | 58.15 | 55.98 |
| EBITDA (%) | 31.35 | 30.24 | 31.21 |
| Debt/Equity | 0.00 | 0.00 | – |
GEM Enviro IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 25 June 2024 | 73 | – | 84,000 |
| 24 June 2024 | 73 | – | 84,000 |
| 22 June 2024 | 73 | – | 84,000 |
| 21 June 2024 | 71 | – | 81,000 |
| 20 June 2024 | 65 | – | 79,500 |
| 19 June 2024 | 61 | – | 75,000 |
| 18 June 2024 | 40 | – | 46,500 |
| 17 June 2024 | 39 | – | 46,600 |
| 15 June 2024 | 37 | – | 42,700 |
| 14 June 2024 | 35 | – | 39,000 |
| 13 June 2024 | 25 | – | 31,500 |
GEM Enviro IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 11,29,600 | 8,48,000 | 19,77,600 | 39,55,200 |
| 21 Jun 2024 | 160.22 | 330.03 | 240.25 | 244.09 |
| 20 Jun 2024 | 3.60 | 16.29 | 47.39 | 27.27 |
| 19 Jun 2024 | 3.55 | 6.04 | 14.21 | 9.14 |
The market maker reservation portion of 3,42,400 shares is not included in the above calculations.
GEM Enviro IPO Allotment Status
GEM Enviro IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
GEM Enviro IPO Dates & Listing Performance
| IPO Opening Date | 19 June 2024 |
| IPO Closing Date | 21 June 2024 |
| Finalization of Basis of Allotment | 24 June 2024 |
| Initiation of refunds | 25 June 2024 |
| Transfer of shares to demat accounts | 25 June 2024 |
| IPO Listing Date | 26 June 2024 |
| Opening Price on BSE SME | INR 142.50 per share (up 90%) |
| Closing Price on BSE SME | INR 149.62 per share (up 99.49%) |
GEM Enviro Offer Lead Manager
SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED
A 15, Sector-64, Noida, Gautam Buddha Nagar,
Uttar Pradesh- 201301
Phone: +91-120-4910000
Email:Â [email protected]
Website:Â www.shareindia.com
GEM Enviro Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone:Â 011-40450193-97
Email:Â [email protected]
Website:Â www.skylinerta.com
GEM Enviro Management IPO Contact Details
GEM ENVIRO MANAGEMENT LIMITED
Unit No.203, Plaza- P 3, Central Square,
Bara Hindu Rao, Delhi 110006, India
Phone: 011-49068377
E-mail: [email protected]
Website: www.gemrecycling.com
IPO FAQs
What is the GEM Enviro offer size?
GEM Enviro offer size is INR 42.53 – 44.93 crores.
What is the GEM Enviro offer price band?
GEM Enviro public offer price is INR 71 – 75 per share.
What is the lot size of the GEM Enviro IPO?
GEM Enviro offer a lot size is 1,600 shares.
What is GEM Enviro IPO GMP today?
GEM Enviro IPO GMP today is INR 73 per share.
What is the GEM Enviro kostak rate today?
GEM Enviro kostak rate today is INR NA per application.
What is GEM Enviro Subject to the Sauda rate today?
GEM Enviro is Subject to the Sauda rate today is INR 84,000 per application.
