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
Money Payable On
Opens On
Closes On
Application
Allotment
12-Jun-2023
14-Jun-2023
₹ 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
8.40
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
11.42
Post Issue Equity Share Capital
4.33
Issue Price
₹100.00
Projects
Repayment of certain secured borrowings in full availed by the company
Funding the working capital requirements of the company