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Company Information

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GEM ENVIRO MANAGEMENT LTD.

20 December 2024 | 12:00

Industry >> Waste Management

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ISIN No INE0RUJ01013 BSE Code / NSE Code 544199 / GEMENVIRO Book Value (Rs.) 15.56 Face Value 5.00
Bookclosure 30/09/2024 52Week High 324 EPS 5.01 P/E 28.29
Market Cap. 319.54 Cr. 52Week Low 140 P/BV / Div Yield (%) 9.11 / 0.00 Market Lot 1,600.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of "Ganesha Enviro Management Private Limited" bearing Corporate Identification Number U93000DL2013PTC247767 dated February 01, 2013 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Thereafter, the name of the Company was changed from "Ganesha Enviro Management Private Limited" to "GEM Enviro Management Private Limited" pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting held on October 09, 2013 and consequent to name change a fresh Certificate of Incorporation was granted to our Company on November 04, 2013 by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Annual General Meeting, held on August 31,2023 and consequently the name of our Company was changed from "GEM Enviro Management Private Limited" to "GEM Enviro Management Limited" vide a fresh certificate of incorporation dated October 18, 2023 issued by the Registrar of Companies, Delhi bearing CIN U93000DL2013PLC247767.

KEY EVENTS AND MILESTONES:
2013
-Change of Name from "Ganesh Enviro Management Private Limited" to "Gem Enviro Management Private Limited".

2016
-Foray into post-consumer plastic waste collection by developing model for direct collection of plastic waste from point of origin through hotels, restaurants, etc.

2017
-Setting up more than 28 Reverse Vending Machines across India (particularly in Delhi NCR, Mumbai, Ahmedabad, Kolkata, etc.)

2018
-Expansion of service offering beyond waste collection to include Extended Producer Responsibility ("EPR") business

2021
-Achievement of revenue of ? 2,551.41/- lakhs in the year 2021 as compared to 1,292.34/- lakhs in the year 2020
-Accomplishing EPR business of more than 100 clients

2023
-Achievement of PAT of more than ? 10 Crore
-Provided more than 3,00,000 MT of EPR credits to various clients