Urban Enviro Waste Management Limited
ListedSMEEnvironmental Services · NSE
Incorporated in 2011, Urban Enviro Waste Management Limited specializes in providing comprehensive Waste Management and Municipal Solid Waste (MSW) Management services. The company’s operations include solid waste collection, transportation, segregation, processing, and disposal across Gujarat, Rajasthan, Madhya Pradesh, and Maharashtra, primarily serving local municipalities. Additionally, it supplies skilled and semi-skilled manpower to various industries and institutions. Urban Enviro has executed over 24 projects, with 21 ongoing, including 18 MSW collection and transport projects and 3 processing projects. Notable clients include Jaipur Nagar Nigam, Ankleshwar Municipality, NEERI, MIHAN India Ltd, and NHDC Limited’s Indira Sagar Power Station.
Price Band
₹100
Issue Size
₹11.42 Cr
Lot Size
1200 shares
GMP
₹42
+42.0%
Est. Listing
₹142
at current GMP
Subscribed
251.08x
overall
Open
12 Jun 2023
Close
14 Jun 2023
Allotment
19 Jun 2023
Refund
20 Jun 2023
Demat Credit
21 Jun 2023
Listing
22 Jun 2023
Last updated 12 days ago
Official Registrar Verification
Urban Enviro Waste Management Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
19 Jun 2023
Basis finalization
Refunds Initiate
20 Jun 2023
Mandate release
Demat Credit
21 Jun 2023
Shares in demat
Listing Debut
22 Jun 2023
Trading begins
How to Check Urban Enviro Waste Management Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Urban Enviro Waste Management Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Urban Enviro Waste Management Limited Public Issue & Market Profile
Urban Enviro Waste Management Limited is bringing an initial public offering (IPO) in the Environmental Services sector with an aggregate issue size of ₹11.42 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-06-14, the basis of allotment is scheduled to be finalized on 2023-06-19. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.