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Urban Enviro Waste Management Limited IPO (Urban Enviro Waste Management IPO) Detail

 


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

Urban Enviro Waste Management IPO is a Fixed Price Issue. The IPO total issue size is Rs 11.42 Cr. The Urban Enviro Waste Management IPO price is ₹100 per share. The IPO will list on NSE SME.

IPO Date

Jun 12, 2023 to Jun 14, 2023

Listing Date

Jun 22, 2023

Face Value

₹10 per share

Price

₹100 per share

Lot Size

1200 Shares

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

Share holding pre issue

2,557,500

Share holding post issue

3,477,500

Market Maker portion

57,600 shares


Urban Enviro Waste Management IPO Reservation

Urban Enviro Waste Management IPO a total of 1,142,400 shares are offered. RII: 542,400 (47.48%), NII: 542,400 (47.48%).

Anchor Investor Shares Offered

-

Market Maker Shares Offered

57,600 (5.04%)

Other Shares Offered

542,400 (47.48%)

Retail Shares Offered

542,400 (47.48%)

Total Shares Offered

1,142,400 (100%)


Urban Enviro Waste Management IPO Timetable (Tentative)

Urban Enviro Waste Management IPO opens on Jun 12, 2023, and closes on Jun 14, 2023.

IPO Open Date

Monday, 12 June 2023

IPO Close Date

Wednesday, 14 June 2023

Basis of Allotment

Monday, 19 June 2023

Initiation of Refunds

Tuesday, 20 June 2023

Credit of Shares to Demat

Wednesday, 21 June 2023

Listing Date

Thursday, 22 June 2023

Cut-off time for UPI mandate confirmation

5 PM on Jun 14, 2023


Urban Enviro Waste Management IPO Lot Size

The minimum lot size of this Urban Enviro Waste Management IPO is 1200 shares required is ₹120,000.

Application

Lots

Shares

Amount

Retail (Min)

1

1200

₹120,000

Retail (Max)

1

1200

₹120,000

HNI (Min)

2

2,400

₹240,000


Urban Enviro Waste Management IPO Promoter Holding

Mr. Suresh Sharma is the promoter of the company.

Pre Issue Share Holding

75

Post Issue Share Holding

59.06


Company Financials

Period Ended

Total Assets

Total Revenue

Profit After Tax

Net Worth

Reserves and Surplus

Total Borrowing

31-Mar-20

751.08

1,279.82

75.07

105.00

104.00

96.24

31-Mar-21

701.25

1,587.48

82.88

187.88

186.88

186.23

31-Mar-22

2,115.98

1,977.36

129.35

317.23

316.23

1,218.11

31-Dec-22

2,333.27

2,646.80

106.42

423.65

82.65

1,213.47

Amount in ₹ Lakhs


Key Performance Indicator

KPI

Values

P/E (x)

30.49

EPS (Rs)

3.07

RoNW

47.01%





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