Gem Enviro Management Ltd

Gem Enviro Management Ltd IPO

Gem Enviro Management Ltd IPO Price Range is ₹71 - 75, with a minimum investment of ₹1,20,000 for 1600 shares.

₹1,20,000

/ 1600 shares

Minimum Investment

View Gem Enviro Management Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹71 - 75

Open Date

2024-06-19

Close Date

2024-06-21

IPO Size

₹44.93 Cr

Lot Size

1600 shares

Min Investment

₹1,20,000

Listing Exchange

BSE

Gem Enviro Management Ltd IPO Application Timeline

passed
Open Date19 Jun 2024
passed
Close Date21 Jun 2024
passed
Allotment Date24 Jun 2024
passed
Listing Date26 Jun 2024

IPO Subscription Status

IPO subscribed over

🚀 244.09x

This IPO has been subscribed by 240.25x in the retail category and 160.22x in the QIB category.

Subscription Rate

Total Subscription244.09x
Retail Individual Investors240.25x
Qualified Institutional Buyers160.22x
Non Institutional Investors330.03x
NameGem Enviro Management Ltdx

Strengths and Risks

Strengths

Strengths

  • Expertise.

  • Innovation.

  • Sound understanding of the regulatory landscape.

  • Commitment to Transparency.

  • Relationship with other stakeholders in the value chain.


Risks

Risks

  • There outstanding legal proceeding involving the promoters of the company and its group companies. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • The company requires sizeable amounts of working capital for its continued operation and growth. Its inability to meet the company working capital requirements could have a material adverse effect on its business, results of operations and financial condition.

  • The company is dependent on and derive 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 its business, results of operations and financial condition.

  • The Company is dependent on few numbers of suppliers for purchase of products. Loss of any of this large Suppliers may affect its business operations.

  • The company lack ownership of the registered office and other office used by the company. Any interference with its entitlements as the licensee/lessee or the cancellation of contracts with its licensors/ lessors could have a negative effect on the company activities and, as a result, its overall business.

  • Its Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.

  • Its current assets and net worth are significantly influenced by trade receivables. Inadequate management of these receivables poses the risk of negatively impacting its net sales, profitability, cash flow, and liquidity.

  • As a component of its expansion strategy, the company plan to diversify its business activities by venturing into EPR compliances and offering consultancy services for the management of E-waste, Tire, and Battery Waste. However, the company cannot guarantee the profitability of these expansion initiatives or that they will not have an adverse impact on its business, operational outcomes, and financial standing.

  • The continued success of its business is heavily contingent on the expertise and involvement of its Promoters, senior management and other key personnel. and the loss of, or the companys inability to attract or retain, such persons could affect its business, results of operations, financial condition and cash flows.

  • The company lacks long-term agreements with clients, exposing it to uncertainties in the demand for its services. If the company faces challenges in retaining clients in the future, it could negatively impact its operational results.

How to Apply for Gem Enviro Management Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Gem Enviro Management Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Gem Enviro Management Ltd

GEM Enviro Management Limited (GEM) is a forward-thinking company dedicated to addressing one of the most pressing environmental challenges of India: plastic waste management and the implementation of Extended Producer Responsibility (EPR) programs. GEM Enviro is specialising in collection and recycling of packaging waste and promotion of recycled green products. We are a Waste Management Agency (WMA) providing sustainability services to our clients and thereby addressing the profound environmental issues posed by waste. We provide a range of services, including EPR (Extended Producer Responsibility) compliance, Scrap Management, ESG (Environment, Social and Governance) Consulting, BRSR (Business Responsibility and Sustainability Reporting) Reporting, Project Advisory and Management of Plastic Credits, Sales and Marketing of recycled products, and Eco-Awareness Campaigns, adopting a closed-loop model that significantly reduces the environmental impact.

Frequently Asked Questions of Gem Enviro Management Ltd IPO

What is the size of the Gem Enviro Management Ltd IPO?

The size of the Gem Enviro Management Ltd IPO is ₹44.93 Cr.

What is the allotment date of the Gem Enviro Management Ltd IPO?

Gem Enviro Management Ltd IPO allotment date is Jun 24, 2024 (tentative).

What are the open and close dates of the Gem Enviro Management Ltd IPO?

The Gem Enviro Management Ltd IPO will open on Jun 19, 2024 and close on Jun 21, 2024

What is the lot size of Gem Enviro Management Ltd IPO?

The lot size for the Gem Enviro Management Ltd IPO is 1600.

When will my Gem Enviro Management Ltd IPO order be placed?

Your Gem Enviro Management Ltd IPO order will be placed on Jun 19, 2024

Can we invest in Gem Enviro Management Ltd IPO?

Yes, once Gem Enviro Management Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Gem Enviro Management Ltd IPO?

The potential listing gains on the Gem Enviro Management Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Gem Enviro Management Ltd IPO?

'Pre-apply' for Gem Enviro Management Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.