GEM Enviro IPO Date, Review, Price, Allotment Details

GEM Enviro IPO Details: GEM Enviro IPO date is fixed, The IPO will open on June 19 and will close on June 21. GEM Enviro is a BSE SME IPO to raise ₹44.93 crores via IPO. The GEM Enviro IPO price band is fixed at ₹71 to ₹75 with a market lot of 1600 shares.

GEM Enviro IPO

Table of Contents


Established in the year 2013, from the year 2013 to 2018, GEM Enviro Management Limited was engaged in the trading of plastic waste material and trading of merchandise manufactured out of 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 is not limited to plastic waste collection and sorting, recycling and repurposing, waste trading, providing environment consultancy, etc. With the field experience of their 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.


In the year 2016, the 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 take steps to minimize the generation of plastic waste, not to litter the plastic waste, ensure segregated storage of waste at source & hand over segregated waste by rules. As part of this initiative, the ministry also issued comprehensive guidelines on Extended Producer Responsibility (EPR) for plastic packaging in February 2022. These guidelines establish a structure for the effective implementation of EPR, outlining the specific duties and obligations of Producers, Importers, Brand Owners, Recyclers, Waste Processors, and other relevant stakeholders.


Objects of the Issue:

  • To Meet Working Capital Requirements
  • General corporate purpose

GEM Enviro IPO Review

  • Apply

GEM Enviro IPO Date & Price Band Details

IPO Open:June 19, 2024
IPO Close:June 21, 2024
IPO Size:Approx ₹44.93 Crores, 1,497,600 Equity Shares
Face Value:₹5 Per Equity Share
IPO Price Band:₹71 to ₹75 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

GEM Enviro IPO Market Lot

The GEM Enviro IPO minimum market lot is 1600 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹120,000
Retail Maximum11600₹120,000
S-HNI Minimum23200₹240,000

GEM Enviro IPO Dates

The GEM Enviro IPO date is June 19 and the IPO close date is June 21. The IPO allotment date is June 24 and the IPO might list on June 26.

IPO Open Date:June 19, 2024
IPO Close Date:June 21, 2024
Basis of Allotment:June 24, 2024
Refunds:June 25, 2024
Credit to Demat Account:June 25, 2024
IPO Listing Date:June 26, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

GEM Enviro IPO Form

How to apply GEM Enviro IPO? You can apply GEM Enviro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GEM Enviro IPO in the Invest section. The other option you can apply GEM Enviro IPO via IPO forms download via the BSE website. Check out the GEM Enviro forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


GEM Enviro Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹25.61₹17.82₹5.83
2022₹32.91₹22.94₹7.45
2023₹42.81₹29.31₹10.02
Dec 2023₹26.39₹15.05₹8.40

GEM Enviro IPO Valuation – FY2023

Check GEM Enviro IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹4.75 per Equity Share
Price/Earning P/E Ratio:[.]
Return on Net Worth (RoNW):48.57%
Net Asset Value (NAV):₹11.45 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr Sachin Sharma
  • Mrs Sangeeta Pareekh
  • Mr Dinesh Pareekh
  • Mr Sarthak Agarwal
  • BLP Equity Research Private Limited

GEM Enviro IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

GEM Enviro IPO Allotment Status

Check GEM Enviro IPO allotment status on Skylinert website URL. Click Here

GEM Enviro IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited
  • Fintellectual Corporate Advisors Private Limited 

Company Address

GEM Enviro Management Limited
Unit No.203, Plaza- P 3
Central Square, Bara
Hindu Rao, -New Delhi-110006
Phone: 011-49068377
Email: [email protected]
Website: http://www.gemrecycling.com/

GEM Enviro IPO FAQs


What is GEM Enviro IPO?

GEM Enviro IPO is an BSE SME IPO. They are going to raise ₹44.93 Crores via IPO. The issue is priced at ₹[.] per equity share. The IPO is to be listed on BSE.

When GEM Enviro IPO will open?

The IPO is to open on June 19, 2024 for QIB, NII, and Retail Investors.

What is GEM Enviro IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the GEM Enviro IPO?

You can apply GEM Enviro IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the GEM Enviro IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the GEM Enviro IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the GEM Enviro IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “GEM Enviro”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is GEM Enviro IPO Size?

GEM Enviro IPO size is ₹44.93 crores.

What is GEM Enviro IPO Price Band?

GEM Enviro IPO Price Band is ₹71 to 75 per equity share.

What is GEM Enviro IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹120,000.

What is GEM Enviro IPO Allotment Date?

GEM Enviro IPO allotment date is June 24, 2024.

What is GEM Enviro IPO Listing Date?

GEM Enviro IPO listing date is June 26, 2024. The IPO to list on BSE SME.

Note: The GEM Enviro IPO details are announced officially. The IPO grey market premium (GEM Enviro IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Check out our in-depth IPO analysis, upcoming IPO details & get latest IPO GMP Updates on IPO Watch. Also, Watch our IPO Watch Youtube channel for latest IPO updates!. Also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

    OPEN DEMAT ACCOUNT