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Urban Enviro Waste Management Ltd

Urban Enviro Waste Management Ltd

    Registered Office : F No 401 Sarkar Apartment,P No 127 Shankar Nagar,Nagpur Maharashtra 440010 Phone : 91-712-299 6029
    Fax :

    Email : info@urbanenv.in

    Website : http://www.urbanenviroltd.com

Initial public offer of 11,42,400* equity shares of face value of Rs. 10.00 each ("The Offer") of Urban Enviro Waste Management Limited ("Urban Enviro" or "The Company" or "The Issuer") for cash at a price of Rs. 100.00 per equity share (including a share premium of Rs. 90.00 per equity share) aggregating Rs. 11.42 crores (the "Offer") of the company consisting of fresh issue of 9,20,000* equity shares of face value of Rs. 10/- each ("Equity Shares") for cash at a price of Rs. 100 per equity share (including a share premium of Rs. 90 per equity share)("Offer Price") aggregating upto Rs. 9.20 crores (the "Fresh Issue") and an offer for sale of 2,22,400* equity shares ("Offered Shares") of face value of Rs. 10/- each ("Equity Shares") for cash at a price of Rs. 100 per equity share (including a share premium of Rs. 90 per equity share)("Offer Price") aggregating up to Rs. 2.22 crores by Vikas Sharma (the "Selling Share Holder"). The offer includes a market maker reservation of upto 57,600 equity shares of face value Rs. 10/- each at a price of Rs. 100 per equity share aggregating Rs. 0.58 crores(constituting upto 1.33% of post issued paidup equity share capital of the company). the offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.38 % and 25.05 %, respectively, of the post-offer paid-up equity share capital of the company, respectively. The face value of the equity shares is Rs. 10.00 each. The offer price is Rs. 100,i.e. 10 times of the face value. Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue

Opens On

Closes On

12-Jun-2023

14-Jun-2023

Money Payable On

Application

Allotment

100.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

8.40

11.42

4.33

100.00

Pantomath Capital Advisors Pvt Ltd

Projects
  • Repayment of certain secured borrowings in full availed by the company
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • Suresh Sharma
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd