GEM Enviro Management Limited

Company Profile
Company Name GEM Enviro Management Limited
Open Date 19-06-2024
Close Date 21-06-2024
Exchange BSE SME
Lot Size 1600 Shares
Issue Price ₹71 to ₹75 per share
Issue Size 59,90,400 shares
Application Amount ₹1,20,000
Recommendation Apply
GEM Enviro Management Limited was incorporated in 2013 with its Registered Office in Bara Hindu Rao, Delhi. The company is engaged in trading plastic waste material and trading of merchandise manufactured out of waste recycling. It provides services like EPR and ESG consultancy, collection & recycling of industrial plastic waste, and sales & marketing of recycled products. GEM Enviro Management has a diverse portfolio with over 100 clients across various industries, including F&B, FMCG, Cement, Fertilizers, Packaging, and Consumer Goods. Some prominent clients are Bengal Beverages Private Limited and Varun Beverages Limited. The company employs 51 people on various levels on its payroll as of June 5th, 2024.
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Financial Summary in Lakhs

For the Period Ended FY 21 FY 22 FY 23 Dec-23
Total Assets 1,895.51 2,684.52 3,574.93 3,994.75
Net Assets 1,015.14 1,713.57 2,411.51 3,103.32
Total Borrowings 2.00 2.00 - -
Total Revenue 2,560.58 3,291.48 4,280.57 2,639.11
Profit After Tax 583.38 745.23 1,001.82 840.42

Tentative Timeline

Opening Date 19-06-2024
Closing Date 21-06-2024
Basis of Allotment 24-06-2024
Initiation of Refunds 25-06-2024
Credit of Shares to Demat 25-06-2024
Listing Date 26-06-2024

Objects of the Issue

To meet the Working Capital requirements of the company.
General corporate purposes.

Contact Information

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

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.44%

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