GEM Enviro IPO Date, Allotment, Details, Review

GEM Enviro IPO Date, Allotment, Details, Review

GEM Enviro IPO Date: GEM Enviro Management Limited IPO opens for subscription on June 19, 2024, and closes on June 21, 2024. The allotment for the GEM Enviro IPO is expected on June 24, 2024. GEM Enviro IPO going to be listed on BSE SME with a tentative listing date fixed as June 26, 2024.

GEM Enviro IPO is a fresh issue of 14.97 lakh shares and OFS is 44.93 Lakh shares.

To apply, retail investors must purchase at least [.] shares, requiring an investment of at least ₹[.]. For High Net Worth Individuals (HNIs), the minimum investment is 2 lots, totalling [.] shares, amounting to ₹[.].

Source – GEM Enviro IPO RHP

GEM Enviro IPO Details

Open DateJune 19, 2024
Close DateJune 21, 2024
IPO Size32.76 Lakh Shares
(aggregating up to ₹30.79 Cr)
Fresh Issue3276000 Shares of ₹10 Face Value
Face Value₹10 per share
IPO Price Band₹[.] to ₹[.] Per Share
IPO Listing onNSE SME
Lot Size[.] Shares
Share Offered to Retail35% of the total issue share
Share Offered to QBI50% of the total issue share
Share Offered to HNI15% of the total issue share

GEM Enviro IPO Dates

IPO Open Date
June 19, 2024
IPO Close DateJune 21, 2024
AllotmentJune 24, 2024
RefundsJune 25, 2024
Shares Credit to DematJune 25, 2024
Listing DateJune 26, 2024

GEM Enviro IPO Lot Size

Retail (Min)1₹[.]
Retail (Max)1₹[.]
HNI (Min)2₹[.]

GEM Enviro IPO GMP Today

The Grey Market Premium (GMP) for GEM Enviro NSE SME IPO has commenced from the first session. We’ll be providing daily updates on the GMP and additional details.
Stay tuned to stay informed about the daily performance of the GEM Enviro IPO’s Gray Market Premioum and the expected listing price. See IPO GMP Live >>

GEM Enviro IPO Subscription Status

For updates on the subscription status of the GEM Enviro IPO, kindly navigate to our “IPO Subscription Status” section in the menu or click the given link. The subscription window for the GEM Enviro IPO opens on June 19, 2024.

GEM Enviro IPO Allotment Status

You can check the allotment status for the GEM Enviro IPO by following these steps. First, click the link Link – ” IPO Allotment Status” Then, select the IPO Name from the options. After that, enter either your Application Number or PAN Number. The allotment can be checked on June 24, 2024.

Know About Company

GEM Enviro Management Limited, founded in February 2013, specializes in waste management, particularly recycling packaging waste like plastic. They offer services in:

  1. Helping businesses with Extended Producer Responsibility (EPR) for Plastic Waste.
  2. Collecting and recycling Industrial Plastic Waste.
  3. Selling and promoting recycled products.
  4. Providing Environmental, Social, and Governance (ESG) consulting and Business Responsibility and Sustainability Reporting (BRSR).

They educate people about proper plastic waste disposal and recycling through awareness programs. Revenue comes from selling recycled products, which they market to business customers, highlighting their environmental benefits and cost-effectiveness.

Promoters Holding

The company’s promoters include Mr. Sachin Sharma, Mrs. Sangeeta Pareekh, Mr. Dinesh Pareekh, Mr. Sarthak Agarwal, and BLP Equity Research Private Limited.

Before the issue of shares, the shareholding was 100%. After the issue, the shareholding stands at 73.44%.

Objects of the Issue IPO

The funds will be used for:

  • To Meet Working Capital Requirements
  • General corporate purpose.

GEM Enviro Management Limited Financial Report (Restated)

Here’s a table summarizing the financial data for the periods ended on 31 Dec 2023, 31 Mar 2023, 31 Mar 2022, and 31 Mar 2021:

Period EndedAssets (in Lakh)Revenue (in Lakh)Profit After Tax (in Lakh)Net Worth (in Lakh)Reserves and Surplus (in Lakh)Total Borrowing (in Lakh)
31 Dec 20233,994.752,639.11840.423,103.322,050.68
31 Mar 20233,574.934,280.571,001.822,411.512,380.55
31 Mar 20222,684.523,291.48745.231,713.571,677.572.00
31 Mar 20211,895.512,560.58583.381,015.14979.142.00

KPI Of GEM Enviro Management Limited

Here’s the data for December 31, 2023, presented in a table:

ParticularsAmount (₹ lakhs)
Revenue from operations2,620.94
EBITDA (%) Margin42.74%
ROCE (%)36.55%
Current Ratio4.42
Operating Cash flow272.53
ROE/ RONW (%)30.48%
EPS (before considering bonus) ₹3.99

Peer Group


GEM Enviro IPO Registrar

Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Tel. No.: 011-40450193-97,
Fax No.: NA
Contact Person: Mr. Anuj Rana
Email Id:

GEM Enviro IPO Book Running Lead Manager


GEM Enviro Management Limited Contact

GEM Enviro Management Limited
Unit No.203, Plaza- P 3
Central Square, Bara
Hindu Rao, -New Delhi-110006
Phone: 011-49068377

GEM Enviro IPO Application Form PDF

To download the GEM Enviro IPO application form click on Application Form Download ASBA IPO Forms PDF.


Update Soon


What is the opening and closing date of the GEM Enviro IPO?

The GEM Enviro IPO opens for subscription on June 19, 2024, and closes on June 21, 2024.

When is the allotment expected for the GEM Enviro IPO?

The allotment for the GEM Enviro IPO is expected on June 24, 2024.

What is the tentative listing date for the GEM Enviro IPO?

GEM Enviro IPO is expected to be listed on BSE SME with a tentative listing date fixed as June 26, 2024.

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