Urban Enviro Waste Management Limited

Urban Enviro Waste Management Limited IPO Review, Date, Price, GMP

Urban Enviro Waste Management Limited is a very famous company in the field of waste management which provides the best solution for municipal solid waste ( MSW) management services and waste management in the whole country. Urban Enviro Waste Management Limited has experience of 11 years and has also proved themself as a big player in the waste management field.

The company caters to various clients, including Indian local bodies, residential areas, industries, research institutes, power stations, government and semi-government hospitals, and cantonment boards. Its services encompass waste collection, transportation, segregation, and disposal, with a priority on delivering complete and efficient solutions.

Urban Enviro Waste Management Limited’s profile includes primary and secondary waste collection, lifting prior to transportation, and final disposal, treatment, or recycling of collected waste. The company is also involved in research and development activities to address modern-day challenges in waste management. Additionally, it provides human resources, such as staff, workers, and skilled/semi-skilled labor, to support industries and organizations in their efforts to create cleaner surroundings.

The company has undertaken more than 24 projects to date, with 21 ongoing projects in its portfolio. These projects comprise 18 MSW collection and transport projects, as well as 3 MSW processing projects. With its extensive resources and expertise, Urban Enviro Waste Management Limited has proven its ability to handle large-scale projects for both local bodies and private entities.

Currently, the company operates in the central and western regions of the country, serving parts of Maharashtra, Gujarat, Rajasthan, and Madhya Pradesh. Some notable ongoing projects include Jaipur Nagar Nigam, Ankleshwar, NEERI, MIHAN India Ltd, and NHDC Limited Indira Sagar Power Station. Urban Enviro Waste Management Limited prides itself on its long-standing customer relationships, demonstrating its commitment to providing reliable and efficient services.

Since its establishment in 2011, the company has evolved from a basic waste collection and transportation business into a well-structured ecosystem of operations in the solid waste management sector. By adopting the latest technologies and innovative approaches, Urban Enviro Waste Management Limited continually strives for excellence in preserving a harmonious environment. The company upholds a policy of zero tolerance for wastage, ensuring that every aspect of its system operates efficiently and responsibly.

Urban Enviro Waste Management Limited IPO Complete Details:

IPO Date12 June 2023 to 14 June 2023
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Face Value10 Rs. Per Share
Lot Size1200
Issue Size1,142,400 shares (Rs. 11.42 Cr)
Fresh Issue920,000 shares (Rs. 9.20 Cr)
Offer For Sale222,400 shares (Rs. 2.22 Cr)
Listing Date22 June 2023

Urban Enviro Waste Management Limited IPO Timetable:

Opening Date12 June 2023
Closing Date14 June 2023
Allotment19 June 2023
Initiation of Refunds20 June 2023
Credit of Shares to Demat Account21 June 2023
Listing Date22 June 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxNet Worth
31 March 2020751.081,279.8275.07105.00
31 March 2021701.251,587.4882.88187.88
31 March 20222,115.981,977.36129.35317.23
Amount In Lakhs

AS OF NOW, the GMP OF Urban Enviro Waste Management Limited is Around 43 Rs.

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