GEM Enviro Management IPO Subscription Details

Bookbuilding IPO | ₹45 Cr | Listed at BSE SME | Wed, Jun 19, 2024 - Fri, Jun 21, 2024

Basis of Allotment - GEM Enviro Management IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)11,29,60016,92,80028,22,4008,48,00019,77,60056,48,000
Allotment price (Rs.)757575757575
No.of applications7488218,4712,95,7393,14,292
No.of shares applied18,02,92,80016,92,80018,19,85,60039,41,53,60047,31,82,4001,04,93,21,600
Amount collected (Rs.cr.)1,352.20 12.70 1,364.89 2,956.15 3,548.87 7,869.91
No.of times subscribed159.611.0064.48464.80239.27185.79
No.of shares allotted11,29,60016,92,80028,22,4008,48,00019,77,60056,48,000
Amount (Rs.cr.)8.47 12.70 21.17 6.36 14.83 42.36
No.of allottees748824531,2361,771

IPO Shares Offered

GEM Enviro Management IPO is a public issue of 0.56 Cr equity shares. The issue offers 0.20 Cr shares to retail investors, 0.28 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,42,4002.57 5.72%
QIB 28,22,40021.17 47.12%
    Anchor 16,92,800 12.70 28.26%
    QIB (Ex Anchor) 11,29,600 8.47 18.86%
NII* 8,48,0006.36 14.16%
Retail19,77,60014.83 33.01%
Total59,90,40044.93 100%

GEM Enviro Management IPO Anchor Investor Allocation

A total of 16,92,800 shares at a price of Rs 75 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 18, 2024
Anchor investor price₹75.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days8,46,400
No. of shares locked-in for 90 days8,46,400
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 INDIA CAPITAL FUND LTD. INDIA CAPITAL 2,00,000 1.50 11.81 3.34
2 LRSD SECURITIES PVT.LTD. LRSD SECURITIES 3,56,800 2.68 21.08 5.96
3 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 3,56,800 2.68 21.08 5.96
4 SAINT CAPITAL FUND SAINT CAPITAL 2,00,000 1.50 11.81 3.34
5 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 1,34,400 1.01 7.94 2.24
6 STRATEGIC SIXTH SENSE CAPITAL FUND STRATEGIC SIXTH SENSE 1,74,400 1.31 10.30 2.91
7 IMVESTA GROWTH SCHEME IMVESTA 1,36,000 1.02 8.03 2.27
8 VEDAS OPPORTUNITIES FUND VEDAS OPPORTUNITIES 1,34,400 1.01 7.94 2.24
16,92,80012.7010028.26

IPO Subscription FAQs

The GEM Enviro Management IPO is subscribed 265.13 times by Jun 21, 2024 18:19.

GEM Enviro Management IPO Subscription

Investor Category Subscription (times)
Qualified Institutional160.22
Non Institutional462.89
Retail Individual240.25
Total Subscription265.13

Retail category of GEM Enviro Management IPO subscribed 240.25 times as of date Jun 21, 2024 18:19. The public issue closes on Fri, Jun 21, 2024 for bidding.

An investor can apply in GEM Enviro Management IPO online via bank (using ASBA) or the broker (using UPI). The GEM Enviro Management IPO shares are offered online only.

The GEM Enviro Management IPO is subscribed 265.13 times by Jun 21, 2024 18:19.

The GEM Enviro Management IPO allotment status is expected on or around Monday, June 24, 2024. Visit GEM Enviro Management IPO allotment status to check.

The GEM Enviro Management IPO listing date is June 26, 2024. The equity share of GEM Enviro Management IPO will list on BSE SME.

Visit GEM Enviro Management IPO subscription status page for real-time bidding information about GEM Enviro Management IPO.

GEM Enviro Management IPO Timetable

IPO opens OnWednesday, June 19, 2024
IPO Closes OnFriday, June 21, 2024
Finalisation of Basis of AllotmentMonday, June 24, 2024
Initiation of RefundsTuesday, June 25, 2024
Credit of Shares to Demat AccountTuesday, June 25, 2024
IPO Listing DateWednesday, June 26, 2024
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