Sensex: 83,239.47 (0.23%)

Nifty: 25,461.00 (0.22%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

IPO Synopsis
Gem Enviro Management Ltd
Registered Office: Unit No 203 Plaza P 3, Central Square Bara Hindu Rao, New Delhi - 110006, New Delhi
Phone: 1
Email: 1
Website: 1
Initial public issue of 59,90,400 equity shares of face value of Rs. 5/- each of Gem Enviro Management Limited ("Gem" or the "Company" or the "Issuer") for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 70/- per equity share (the "Issue Price") aggregating to Rs. 44.93 crores ("The Offer"), comprising a fresh issue of 14,97,600 equity shares aggregating to Rs. 11.23 crores by the company ("Fresh Issue") and an offer for sale of 44,92,800 equity shares ("Offered Shares") aggregating to Rs. 33.70 crores comprising of 11,23,200 equity shares aggregating to Rs. 8.42 crores by Sachin Sharma, 9,29,600 equity shares aggregating to Rs. 6.97 crores by Sangeeta Pareekh, 13,16,800 equity shares aggregating to Rs. 9.88 crores by BLP Equity Research Private Limited, and 11,23,200 equity shares aggregating to Rs. 8.42 crores by Sarthak agarwal (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, "Offer for Sale"). out of the offer, 3,42,400 equity shares aggregating to Rs. 2.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 56,48,000 equity shares of face value of Rs. 5/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 70/- per equity share aggregating to Rs. 42.36 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.56% and 25.05%, respectively, of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Jun-2024 21-Jun-2024 75.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 9.78
Project Financed through Current Offer 44.93
Post Issue Equity Share Capital 11.28
Issue Price 75.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Sachin Sharma
Sangeeta Parekh
Dinesh Parekh
BSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.