Urban Enviro IPO GMP, Review, Price, Allotment

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Last updated on October 25, 2023

Urban Enviro IPO GMP

Urban Enviro IPO description – Incorporated in 2011, Urban Enviro Waste Management is engaged in the Indian MSW (Municipal Solid Waste) management industry providing solid waste collection, transportation, segregation of waste, and processing and disposal services across the cities in Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh and Maharashtra, primarily catering to local municipalities.

The company also carries on the business of providing manpower like staff, workers, and labours skilled/unskilled required by various industries and organizations. The company caters to local bodies along with providing its services to Residential Areas, Industries, Research Institutes, Power Stations, Government & Semi Government Hospitals, and Cantonment Boards.

Urban Enviro Waste Management’s portfolio of 39 ongoing projects as of 26 May 2023 comprised 18 MSW projects, 3 MSW processing projects, and sweeping projects.

Urban Enviro Waste Management

Promoters of Urban Enviro – Mr. Suresh Sharma


Urban Enviro IPO Details

Urban Enviro IPO Dates12 – 14 Jun 2023
Urban Enviro IPO PriceINR 100 per share
Fresh issue9,20,000 shares (INR 9.20 crore)
Offer For Sale2,22,400 shares (INR 2.22 crore)
Total IPO size11,42,400 shares (INR 11.42 crore)
Minimum bid (lot size)1,200 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Urban Enviro Financial Performance

 FY 2020FY 2021FY 20229M FY 2023
Revenue1,262.811,572.831,969.012,629.96
Expenses1,183.091,490.401,792.262,490.88
Net income75.0782.88129.35106.42
Figures in INR Lakhs unless specified otherwise

Urban Enviro Offer News


Urban Enviro Valuations & Margins

FY 2020FY 2021FY 2022
EPS2.202.433.79
PE ratio––26.39
RONW (%)71.5044.1140.77
NAV3.085.519.30
EBITDA (%)12.8611.4517.34
Debt/Equity 0.920.993.84
*Compiled by IPO Central from Prospectus

Urban Enviro IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
21 June 202345–30,000
20 June 202345–30,000
19 June 202344–30,000
17 June 202342–28,000
16 June 202340–25,000
15 June 202340–25,000
14 June 202325–10,000
13 June 202315––
12 June 202310––

Urban Enviro IPO Subscription – Live Updates

CategoryNon retailRetailTotal
Shares Offered600,000542,4001,142,400
14 Jun 2023254.49220.64242.65
13 Jun 20236.2435.7020.23
12 Jun 20231.576.053.70

Urban Enviro Offer Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki-Vihar Road,
Andheri (East)-400072, Mumbai, Maharashtra, India
Phone: +91-22 6194 6700
Email: [email protected]
Website: www.pantomathgroup.com


Urban Enviro Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


Urban Enviro IPO Contact Details

URBAN ENVIRO WASTE MANAGEMENT LIMITED
F No 401, Sarkar Apartment, P no. 127,
Shankar Nagar, Nagpur -440010, Maharashtra, India
Phone: +0712 299 6029
E-mail: [email protected]
Website: www.urbanenviroltd.com


Urban IPO Allotment Status

Urban Enviro IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.


Urban Enviro IPO Dates & Listing Performance

IPO Opening Date12 June 2023
IPO Closing Date14 June 2023
Finalization of Basis of Allotment19 June 2023
Initiation of refunds20 June 2023
Transfer of shares to demat accounts21 June 2023
IPO Listing Date22 June 2023
Opening Price on NSE SMEINR 141 per share (up 41%)
Closing Price on NSE SMEINR 148.05 per share (up 48.05%)

IPO FAQs

What is the Urban Enviro offer size?

Urban Enviro offer size is INR 11.42 crores.

What is the Urban Enviro offer price band?

Urban Enviro public offer price is INR 100 per share.

What is the lot size of the Urban Enviro IPO?

Urban Enviro offer lot size is 1,200 shares.

What is Urban IPO GMP today?

Urban Enviro IPO GMP today is INR 45 per share.

What is the Urban kostak rate today?

Urban kostak rate today is NA per application.

What is Urban Subject to Sauda rate today?

Urban Enviro Subject to Sauda rate today is INR 30,000 per application.

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