
Environmental 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
+42.0%
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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹100
Band: ₹100
Estimated Listing Price
₹142
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹50,400
1200 × ₹42
Grey Market Premium trend
+₹42
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹42 | 42.0% | ₹142 |
| 30 Oct 2026 | +₹42 | 42.0% | ₹142 |
| 29 Oct 2026 | +₹38 | 37.8% | ₹138 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Urban Enviro Waste Management Limited IPO is ₹42, which indicates an expected listing price of ₹142.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.