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Open
19 Jun 2024
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Close
21 Jun 2024
3
Allotment
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Listing
Wed, Jun 26, 2024
Price Band
₹71 to ₹75
Issue Size
59,90,400 shares (agg. up to ₹45 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Jun 26, 2024
Latest GMP
₹72
Est. Gain
96%
✦ AI Insight
GMP Trend
26-06-2024₹72Est. ₹147+96%
25-06-2024₹72Est. ₹147+96%
24-06-2024₹72Est. ₹147+96%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 185.79x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 39.95 | 35.75 | 26.85 | 18.96 |
| Total Income | 26.39 | 42.81 | 32.91 | 25.61 |
| Profit After Tax | 8.40 | 10.02 | 7.45 | 5.83 |
| NET Worth | 31.03 | 24.12 | 17.14 | 10.15 |
| Reserves and Surplus | 20.51 | 23.81 | 16.78 | 9.79 |
| Total Borrowing | 0.02 | 0.02 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Z-Tech (India) Ltd. | SME | ₹37.30 Cr | ₹110 | 13.27 | ₹105.00 | -4.55% | ₹465.05 |
| Organic Recycling Systems Ltd. | SME | ₹50.00 Cr | ₹200 | 25.54 | ₹225.75 | +12.88% | ₹178.80 |
| Hi-Green Carbon Ltd. | SME | ₹52.80 Cr | ₹75 | 13.13 | ₹80.85 | +7.80% | ₹119.25 |
| EMS Ltd. | Mainboard | ₹321.25 Cr | ₹211 | null | ₹279.90 | +32.65% | ₹385.80 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 7.00 |
| 2 | General corporate purposes | 2.78 |
About GEM Enviro Management IPO
Updated on Aug 5, 2026
Contact Details
GEM Enviro Management Ltd. AddressUnit No.203, Plaza-P 3Central Square, BaraHindu Rao,-NewDelhi, New Delhi, 110006011-49068377vijay.sharma@gemrecycling.comVisit Website