Gem Enviro Management Ltd

Gem Enviro IPO

Gem Enviro Management Ltd

₹1,20,000 /1600 sharesMinimum investment

IPO details

Minimum investment
₹1,20,000
Price range
₹75 - ₹75
Lot size
1,600
Issue size
44.93 Cr
Face value
5

Subscription rate

Data will be available soon

Schedule

19 Jun 2024
IPO open date
21 Jun 2024
IPO close date
24 Jun 2024
Allotment date
24 Jun 2024
Funds unblock or debit
26 Jun 2024
Tentative listing date

About

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.;
Parent organisation
Gem Enviro Management Ltd

Gem Enviro Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
25.5132.8042.53202120222023

Strengths & Risks

Strengths
Risks
Expertise.
Innovation.
Sound understanding of the regulatory landscape.
Commitment to Transparency.
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.

Application details

For Gem Enviro IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹75 - ₹75₹2 - ₹5 Lakhs1600
High Networth Individual₹75 - ₹75₹2 - ₹5 Lakhs1600

Frequently Asked Questions