31 Mar 2021
Assets18.96
Total Income25.61
Profit After Tax5.83
NET Worth10.15
Reserves and Surplus9.79
Total Borrowing0.02
At a glance
Updated 2026-09-14The shares listed at ₹142.50, a 90.00% move from the issue price. GEM Enviro is a SME IPO with an issue size of ₹44.93 crore, proposed for listing on BSE SME. The offer opens on 19th Jun 2024 and closes on 21st Jun 2024. The issue structure includes a fresh issue of ₹8.66 crore and an offer-for-sale component of ₹33.70 crore. The current listing schedule points to 26th Jun 2024.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹44.93 Cr
Fresh issue₹8.66 Cr
Offer for sale₹33.70 Cr
Face value₹5
Price band₹71.00–₹75.00
Allotment24th Jun 2024
Listing26th Jun 2024
Listing performance
Full performance ↗Issue price₹75.00
Listing price₹142.50
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹72.00
GMP / upper price96.00%
Est. listing₹147.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Jun 2024
Closes21st Jun 2024
Allotment24th Jun 2024
Refund25th Jun 2024
Demat25th Jun 2024
Listing26th Jun 2024
Subscription demand
Full bidding ↗Total265.13×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹120,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirements | ₹7.00 Cr |
| General corporate purposes | ₹2.78 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue26.39₹ Cr · -38.4% vs prior year
PAT8.40₹ Cr · -16.2% vs prior year
Assets39.95₹ Cr · +11.7% vs prior year
Net Worth31.03₹ Cr · +28.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets26.85
Total Income32.91
Profit After Tax7.45
NET Worth17.14
Reserves and Surplus16.78
Total Borrowing0.02
31 Mar 2023
Assets35.75
Total Income42.81
Profit After Tax10.02
NET Worth24.12
Reserves and Surplus23.81
31 Dec 2023
Assets39.95
Total Income26.39
Profit After Tax8.40
NET Worth31.03
Reserves and Surplus20.51
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 30.48% |
| ROCE | 36.55% |
| RoNW | 30.48% |
| PAT Margin | 31.84% |
| Price to Book Value | 5.09 |
Valuation & shareholding
Pre-IPO EPS4.76
Post-IPO EPS4.97
Pre-IPO P/E15.76
Post-IPO P/E15.09
Promoter holding pre100%
Promoter holding post73.44%
Market cap₹169.13 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| GEM Enviro Management IPO | — | 15.09 x | — | — |
| Namo eWaste IPO | — | 28.46 x | — | — |
| Urban Enviro IPO | — | 30.49 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager Fees | ₹0.60 Cr |
| Fees payable to RTA, Auditor & Legal Advisors | ₹0.06 Cr |
| Fees Payable to for Advertising, Marketing Exp., and Printing Expenses | ₹0.08 Cr |
| Fee Payable to regulators including stock exchange and depositories and other intermediaries | ₹0.07 Cr |
| Fees payable to Market Maker (for 3 Year) | ₹0.09 Cr |
| Others (Fees payable for marketing and distributing expenses selling commissions, brokerage, processing fee, underwriting fees and miscellaneous expneses) | ₹2.21 Cr |
| Escrow Bank Fees | ₹0.05 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Share India Capital Services...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-14.
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