Urban Enviro Waste Management Limited, established in 2011, is a leading provider of Waste Management Solutions and Municipal Solid Waste (MSW) Management services.
The company’s comprehensive range of services includes solid waste collection, transportation, segregation of waste, and efficient processing and disposal services across various cities in Gujarat, Rajasthan, Madhya Pradesh, and Maharashtra. Urban Enviro Waste Management primarily collaborates with local municipalities to cater to their waste management needs effectively. Additionally, the company extends its services to Residential Areas, Industries, Research Institutes, Power Stations, Government & Semi-Government Hospitals, and Cantonment Boards.
Apart from waste management services, the company also excels in providing human resources, including staff, workers, and skilled/semi-skilled laborers, to various industries and organizations.
Urban Enviro Waste Management has successfully undertaken more than 24 projects to date, out of which 21 are ongoing. These ongoing projects encompass 18 MSW Collection & Transport projects and 3 MSW processing projects.
Among its notable ongoing projects are partnerships with significant entities like Jaipur Nagar Nigam, Ankleshwar, NEERI, MIHAN India Ltd, and NHDC Limited Indira Sagar Power Station, among others.
With a strong commitment to environmental sustainability and efficient waste management practices, Urban Enviro Waste Management plays a crucial role in helping Indian local bodies and various sectors effectively manage their waste and contribute to a cleaner and greener environment.
Stock Quote #
- Open: ₹103.25
- High – Low: ₹107.85 – ₹100.00
- Previous Close: ₹105.70
- Total Traded Value: 33,600
- Updated On: Jul 20, 2023 4:00 PM
IPO Details #
| 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 Asnani Stock Broker Nikunj Stock Brokers |
IPO Reservation #
| 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.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 12 June 2023 |
| Closing 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 Urban Enviro Waste Management IPO lot size is 1200 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
| Lot Size Calculator | |||
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% |
Objects of the Issue #
The company intends to utilize the proceeds from the net issue for the following objects:
- Repayment of certain secured borrowings (including accrued interest and foreclosure charges, if any) in full availed by the company;
- Funding the working capital requirements, and
- General corporate purposes.
Urban Enviro Waste Management IPO Subscription Status (Bidding Detail) #
The Urban Enviro Waste Management IPO is subscribed 255.49 times on Jun 14, 2023 7:29:00 PM. The public issue subscribed 220.65 times in the retail category, times in the QIB category, and 281.41 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 281.41 |
| Retail | 220.65 |
| Total | 255.49 |
Total Application : 99,732 (220.65 times)
Urban Enviro Waste Management IPO Prospectus #
- Urban Enviro Waste Management IPO DRHP
- Urban Enviro Waste Management IPO RHP
Urban Enviro Waste Management IPO Listing Details #
| Listing Date | Jun 22, 2023 |
| BSE Script Code | |
| NSE Symbol | URBAN |
| ISIN | INE0O0201019 |
| Final Issue Price | ₹100 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹100.00 |
| ₹141.00 |
| ₹141.00 |
| ₹148.05 |
| ₹148.05 |
Company Contact Information #
F No 401, Sarkar Apartment,
P no. 127, Shankar Nagar,
Nagpur – 440010
Phone: +0712 299 6029
Email: info@urbanenv.in
Website: http://urbanenviroltd.com/
Urban Enviro Waste Management IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Urban Enviro Waste Management IPO Lead Manager(s) #
Frequently Asked Questions #
What is Urban Enviro Waste Management IPO? #
Urban Enviro Waste Management IPO is a Fixed Price Issue Initial Public Offering (IPO) by Urban Enviro Waste Management Limited, a company providing Waste Management Solutions & Municipal Solid Waste (MSW) Management services. The IPO consists of 1,142,400 equity shares with a face value of ₹10 each, aggregating up to ₹11.42 Crores. The IPO price is ₹100 per share, and the lot size is 1200 shares.
What are the IPO Dates and Timetable for Urban Enviro Waste Management IPO? #
The Urban Enviro Waste Management IPO opened on June 12, 2023, and closed on June 14, 2023. The timetable for the IPO process was as follows:
Opening Date: June 12, 2023
Closing Date: June 14, 2023
Basis of Allotment: June 19, 2023
Initiation of Refunds: June 20, 2023
Credit of Shares to Demat: June 21, 2023
Listing Date: June 22, 2023
Where will Urban Enviro Waste Management IPO be listed? #
Urban Enviro Waste Management IPO shares will be listed on the NSE SME platform.
What is the IPO Price and Lot Size for Urban Enviro Waste Management IPO? #
The IPO price for Urban Enviro Waste Management is set at ₹100 per equity share, and the lot size is 1200 shares.
What are the reservation categories for Urban Enviro Waste Management IPO? #
The IPO reservation categories for Urban Enviro Waste Management are as follows:
Market Maker: 57,600 shares (5.04%)
Other Shares: 542,400 shares (47.48%)
Retail Shares: 542,400 shares (47.48%) [2]
Who is the Promoter of Urban Enviro Waste Management Limited? #
Mr. Suresh Sharma is the promoter of Urban Enviro Waste Management Limited.
What are the financial prospects of Urban Enviro Waste Management Limited? #
Urban Enviro Waste Management Limited operates in the Indian MSW management industry, providing MSW services across several states in India. The company has a portfolio of over 39 ongoing projects and has potential prospects with the rising awareness under the “Swachh Bharat Abhiyan.” However, for detailed financial information, please refer to the company’s prospectus or financial reports.
Please note that the information provided above is based on the data available. For the latest and most accurate information regarding Urban Enviro Waste Management IPO, it is recommended to refer to official sources and reliable financial news platforms.
