Urban Enviro Waste Management Limited (NSE SME)
June 12, 2023 – June 14, 2023
| Price | ₹100 - ₹100 |
| Premium | ₹42 |
|---|---|
| Lot size | 1200 |
| Allotment | Jun 19, 2023 |
| Listing | Jun 22, 2023 |
Urban Enviro Waste Management Limited
F No 401, Sarkar Apartment,
P no. 127, Shankar Nagar,
Nagpur - 440010
Phone: +0712 299 6029
Email: info@urbanenv.in
Website: http://urbanenviroltd.com/
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 5,42,400 | 15,26,94,000 | 281.52 |
| RETAIL | 5,42,400 | 11,96,76,000 | 220.64 |
| Total | 10,84,800 | 27,23,70,000 | 251.08 |
| Retail Apps | 99,730 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 0 |
| HNI | 2 | 2400 | 240000 | 0 |
Incorporated in 2011, Urban Enviro Waste Management Limited provides Waste Management Solutions & Municipal Solid Waste (MSW) Management services.
The company's services list includes solid waste collection, transportation, segregation of waste, and processing and disposal services across the Cities in Gujarat, Rajasthan, Madhya Pradesh, and Maharashtra, primarily catering to local municipalities. The company also carries on the activity of providing human resources like staff, workers, and skilled/semi-skilled labourers required by various industries and organizations.
The company caters to Indian Local Bodies along with providing its services to Residential Areas, Industries, Research Institutes, Power Stations, Government & Semi Government Hospitals, and Cantonment Boards to name a few.
Urban Enviro Waste Management primarily undertakes Collection & Transport projects & MSW processing projects. It has undertaken more than 24 projects to date. Out of these 21 are ongoing, which comprises 18 MSW C&T projects, and 3 MSW processing projects.
Urban Enviro Waste Management's notable ongoing projects include Jaipur Nagar Nigam, Ankleshwar, NEERI, MIHAN India Ltd, NHDC Limited Indira Sagar Power Station to name a few.
Urban Enviro Waste Management IPO Details
| Total Issue Size | 1,142,400 shares (aggregating up to ₹11.42 Cr) |
| Fresh Issue | 920,000 shares (aggregating up to ₹9.20 Cr) |
| Offer for Sale | 222,400 shares of ₹10 (aggregating up to ₹2.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 57,600 shares (Asnani Stock Broker) |
Urban Enviro Waste Management IPO Reservation
| Retail Shares Offered | Not less than 50.00% of the Offer |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Total Assets | 751.08 | 701.25 | 2,115.98 |
| Total Revenue | 1,279.82 | 1,587.48 | 1,977.36 |
| Profit After Tax | 75.07 | 82.88 | 129.35 |
| Net Worth | 105.00 | 187.88 | 317.23 |
| Reserves and Surplus | 104.00 | 186.88 | 316.23 |
| Total Borrowing | 96.24 | 186.23 | 1,218.11 |