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GEM Enviro Management Limited

GEM Enviro Management Limited

smelisted
Registrar: SKYLINE FINANCIAL SERVICES PRIVATE LIMITED · Listing 2024-06-26
IPO Timeline
Today · 20 Oct 2026
Opens
19 Jun 2024
Closes
21 Jun 2024
Allotment
21 Jun 2024
Refund
25 Jun 2024
Demat
24 Jun 2024
Listing
26 Jun 2024
Price Band
₹71–75
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹120,000
Subscription
0x
Issue Size
₹44.93 Cr
Open
2024-06-19
Close
2024-06-21
Listing
2024-06-26

About the company

## **About GEM Enviro Management Limited** Established in 2013,  GEM Enviro Management Limited (“GEM”) is for collection and recycling of all kinds of packaging waste including the Plastic Waste. Subsequently, the company diversified to implementation of Plastic Extended Producer Responsibility Programmes for various organizations (to fulfil their obligations as per PWM Rules 2016 and amendments) and which has become the largest Business vertical of the Company. The company has ventured into new additional businesses in the field of sustainability and as on today the company provides following services: 1. EPR consultancy and fulfilment for Plastic Waste  1. Collection and recycling of Industrial Plastic Waste 1. Sales and Marketing of recycled products  1. ESG Consulting and BRSR (Business Responsibility and Sustainability Reporting). The company also organizes awareness programmes for making people aware about proper disposal of plastic waste and the need for recycling on a regular basis. They were engaged in trading of plastic waste material and trading of the merchandise manufactured out of the waste recycling. GEM Enviro Management is committed to sustainable plastic waste management and environmental stewardship, providing a basket of services to its customers that includes but not limited to plastic waste collection and sorting, recycling and repurposing, waste trading, providing environment consultancy etc. With field experience of their company's promoters in the plastic waste management industry and thorough market knowledge, strategic negotiations have helped them to secure good prices and favourable terms for plastic trading waste transactions. The registered office of the company is situated at Delhi, India. GEM Enviro Management Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. To Meet Working Capital Requirements  1. General Corporate Purposes

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 26 Jun 2024
      Listed 846 days ago
      1. IPO Opens

        Completed
        19 Jun 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 Jun 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        21 Jun 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        25 Jun 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        24 Jun 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        26 Jun 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹75
      Min Investment (1 lot)
      ₹120,000
      Price Band
      ₹71–75
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹120,000
      Max amount
      ₹120,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹240,000
      Max amount
      ₹240,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹22.47 Cr
      Shares offered
      3,077,398
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.74 Cr
      Shares offered
      923,219
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹15.73 Cr
      Shares offered
      2,154,178
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).