Urban Enviro Waste Management IPO

Urban Enviro Waste Management Limited

₹1,20,000 /1200 sharesMinimum Investment

Urban Enviro Waste Management IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹100.00₹141.00₹41.00 (41.00%)

Urban Enviro Waste Management IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Jun ‘23 - 14 Jun ‘23₹1,20,0001,200₹100 - ₹100
Issue SizeIPO Doc
11.42Cr
RHP PDF

About Urban Enviro Waste Management

Urban Enviro Waste Management, a public limited company, provides municipal solid waste management services focusing on environmental protection and recycling. Its services include primary and secondary waste collection, transportation, segregation and disposal. The company is also engaged in the treatment and recycling of the collected waste. Urban Enviro Waste Management also offers human resources to various industries and organizations, including staff, workers, and skilled/semi-skilled labor, in line with creating cleaner surroundings. Currently, their services are available in Maharashtra, Gujarat, Rajasthan, and Madhya Pradesh. ;
Parent Organisation
Urban Enviro Waste Management Limited
Founded
2011
Managing Director
Mr. Kamlesh Sharma

Strengths & Risks

  • The company has a diverse portfolio of 22 ongoing projects as of January 31, 2023. These projects encompass various waste management services, including municipal solid waste (MSW) projects, MSW processing projects, and sweeping projects.
  • The company’s projects span a range of services, partners, durations, contract types, and geographical locations.
  • The company has implemented GPS tracking that can help enhance operational effectiveness and save costs.
  • The company’s assets and profits have displayed stable growth over the last 3 years.
  • The company receives SWM projects based on meeting specific prequalification criteria and participating in competitive bidding processes. Its business could be adversely affected if it does not secure new SWM projects.
  • The company's operations encompass activities that may pose health hazards to their employees and entail various risks that could lead to significant liabilities, increased expenses, and a negative impact on employee morale.
  • The company faces competition from larger players, which has the potential to influence their business operations and financial standing.
  • The company is currently involved in certain tax proceedings. Unfavorable outcomes in these proceedings could substantially affect business.
  • The company has previously experienced negative cash flows from investing and financing activities.
  • The company faces risks associated with the availability and cost of fuel and electricity for its projects. These risks have the potential to adversely impact their business and financial performance.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular100 - 100₹2 Lakh
High Networth Individual100 - 100₹2 - 5 Lakh
For Urban Enviro Waste Management SME IPO, eligible investors can apply as Regular.
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