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GEM Enviro Management Limited IPO Subscriptions Status Live Today

 

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GEM Enviro Management Limited IPO

June 19, 2024 - June 21, 2024 Closed

GEM Enviro Management Limited IPO Details

IPO Investor Categories

  •  Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
  • Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2.  bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

  • Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
  •  Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
  • Others- A category of eligible shareholders or other investors with a reserved IPO quota.

Issue Open

19 June 2024

Issue Close

21 June 2024

IPO Price

₹71 to ₹75 per equity share

Face Value

₹5 per equity share

IPO Size

₹44.93 Cr.

Listing At

BSE, SME

IPO Lot Size

1600 Shares

Frequently Asked Question

Investing in an IPO carries risks such as market volatility, company performance, and economic conditions. It is important to read the prospectus and understand the risks before investing.
GEM Enviro Management Limited IPO share price ₹71 to ₹75 per share.
The face value of GEM Enviro Management Limited IPO is ₹10 per share.
Pre-issue shareholding of the gem enviro management limited ipo promoter is 100.00%.
If you do not get the allotment of on GEM Enviro Management Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of "GEM Enviro Management Limited IPO GMP" is the Grey Market Premium (GMP) for the initial public offering (IPO) of GEM Enviro Management Limited IPOon the current day.
Closing date of GEM Enviro Management Limited IPO is June 21, 2024.
Opening date of GEM Enviro Management Limited IPO is June 19, 2024.
You will receive on gem enviro management private limited shares in your Demat account on June 24, 2024, if allotted.
Post-issue shareholding of the gp eco solutions india private limited promoter is 73.44%.
Lot size of the GEM Enviro Management Limited IPO is 1600 shares.
GEM Enviro Management Limited IPO share price Shares will be listed at BSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
gem environmental management co. ltd shares will get listed on June 24, 2024.
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