Registered Office:
Unit No 203 Plaza P 3,Central Square Bara Hindu Rao,
New Delhi
-
110006,
New Delhi, India.
Initial public issue of 59,90,400 equity shares of face value of (Rs) 5/- each of Gem Enviro Management Limited ("Gem" or the "Company" or the "Issuer") for cash at a price of (Rs) 75/- per equity share including a share premium of (Rs) 70/- per equity share (the "Issue Price") aggregating to
(Rs) 44.93 crores ("The Offer"), comprising a fresh issue of 14,97,600 equity shares aggregating to (Rs) 11.23 crores by the company ("Fresh Issue") and an offer for sale of 44,92,800 equity shares ("Offered Shares") aggregating to (Rs) 33.70 crores comprising of 11,23,200 equity shares aggregating to
(Rs) 8.42 crores by Sachin Sharma, 9,29,600 equity shares aggregating to
(Rs) 6.97 crores by Sangeeta Pareekh, 13,16,800 equity shares aggregating to (Rs) 9.88 crores by BLP Equity Research Private Limited, and 11,23,200 equity shares aggregating to (Rs) 8.42 crores by Sarthak agarwal (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, "Offer for Sale"). out of the offer, 3,42,400 equity shares aggregating to (Rs) 2.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 56,48,000 equity shares of face value of (Rs) 5/- each at a price of (Rs) 75/- per equity share including a share premium of (Rs) 70/- per equity share aggregating to (Rs) 42.36 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.56% and 25.05%, respectively, of the post issue paid up equity share capital of the company.
Opens On
Closes On
Application
Allotment
19-Jun-24
21-Jun-24
75.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
44.93
Post Issue Equity Share Capital
11.28