Urban Enviro Waste Management Limited (NSE SME)

Jun 12, 2023 - Jun 14, 2023

Price ₹100 - ₹100
Premium ₹42
Lot size 1200
Allotment Jun 19, 2023
Listing Jun 22, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1200 120000 0
HNI 2 2400 240000 0
CategoryOfferedAppliedTimes
NIB5,42,40015,26,94,000281.52
RETAIL5,42,40011,96,76,000220.64
Total10,84,80027,23,70,000251.08
Retail Apps99,730© IPO Premium
About

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
Lead Manager(s)
Strength
Weakness
Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/