IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
Up to 5,990,400 Equity Shares
Investor category and sub category
Retail Individual Investors | Non-Institutional Investors | Qualified Institutional Buyers (QIB) |About GEM Enviro Management Limited
Established in 2013, GEM Enviro Management Limited is involved in the business of plastic waste management and the implementation of Extended Producer Responsibility (EPR) programs. GEM Enviro specialises in the collection and recycling of packaging waste and the promotion of recycled green products. They are a Waste Management Agency (WMA) that provides sustainability services to its clients and, thereby, addresses the profound environmental issues posed by waste.
The company offers a comprehensive range of services, including EPR compliance, ESG (Environment, Social and Governance) Consulting, Scrap Management, BRSR (Business Responsibility and Sustainability Reporting) Reporting, Sales and Marketing of recycled products, and more.
The company has a diverse portfolio of more than 100+ clients and offers services across different industries, such as Food and Beverages, Cement, Fast Moving Consumable Goods (FMCG), Packaging, Fertilisers, Consumer Goods, etc. A few of GEM’s main clients include Varun Beverages Limited, Bengal Beverages Private Limited (Bottler of THE COCA-COLA COMPANY), PepsiCo India Holdings Private Limited, National Fertilizers Limited, Krishak Bharati Cooperative Limited (KRIBHCO) and more.
With a population exceeding 1.4 billion, India generates 26,000 tonnes of plastic waste daily. Annually, the country produces 3.4 million tonnes of plastic waste, with only 30% undergoing recycling. In FY 2023, the India Plastic Recycling market reached around 5,700 thousand tonnes and is anticipated to grow at a CAGR of 5.84% through FY 2030. GEM Enviro Management Limited will probably benefit from this.
GEM Enviro Management Limited IPO Details
GEM Enviro Management Limited IPO Dates
GEM Enviro Management Limited’s IPO dates are to be announced. The IPO will be listed on BSE SME.
GEM Enviro Management Limited IPO Price Band
GEM Enviro Management Limited is a fresh issue and offer for sale of up to 5,990,400 Equity Shares. The price band is to be announced.
GEM Enviro Management Limited IPO Lot Size
GEM Enviro Management Limited’s IPO lot size is to be announced.
GEM Enviro Management Limited IPO Objectives
The objectives of GEM Enviro Management Limited's IPO are listed below:
- For general corporate purposes.
- For working capital requirements.
Peer Details
As per DRHP, there are no listed peers whose business portfolio is comparable to the company.
How To Check the Allotment Status of the GEM Enviro Management Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of GEM Enviro Management Limited
- Registered office: Unit No.203, Plaza- P 3, Central Square, Bara Hindu Rao, Delhi 110006.
- Phone: 011-49068377
- E-mail: vijay.sharma@gemrecycling.com
IPO Financials
| Particulars | Period ending on September 30, 2023 (₹ lakh) | Year ending on March 31, 2023 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) | Year ending on March 31, 2021 (₹ lakh) |
|---|---|---|---|---|
| Revenue from Operations | 1,848.58 | 4,253.02 | 3,280.00 | 2,551.42 |
| Profit After Tax | 650.84 | 1,001.82 | 745.23 | 583.38 |
| Net Worth | 2,913.74 | 2,411.51 | 1,713.57 | 1,015.14 |
| Total Borrowings | 0 | 0 | 2 | 2 |
Know before investing
Strengths
2-
The company has built-in processes and a workforce to quickly learn and adapt to the EPR requirements of other sectors. GEM is an emerging player in plastic EPR and has a strong brand recall.
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The waste tech and environment tech industry is new and offers opportunities for high growth with the use of cutting edge technologies.
Risks
3-
The company is dependent on and derives a substantial portion of its revenue from a limited number of customers. Cancellation by customers or a delay or reduction in their orders could have a material adverse effect on their business, results of operations and financial condition.
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The company is dependent on a few numbers of suppliers for the purchase of products. The loss of any of these large suppliers may affect their business operations.
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The waste services industry is new, and hence, there is a dearth of trained manpower available in the market for hiring. Therefore, the company has to train and retain its executive workforce.
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GEM Enviro Management Limited IPO FAQs
GEM Enviro Management Limited IPO is a fresh issue and offer for sale of up to 5,990,400 Equity Shares.
To be announced.
To be announced.
To be announced.
GEM Enviro Management Ltd IPO will be listed on the BSE SME. The listing date is to be announced.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.
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You can submit only one application using your PAN card.
