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Urban Enviro Waste Management to launch IPO on June 12
Urban Enviro Waste Management to launch IPO on June 12
Urban Enviro Waste Management, the waste handling and management services provider, has announced an Initial Public Offering (IPO) to raise INR11.42 crore ($1.6m). The sale opens on 12 June and closes on 14 June with shares due to be listed on NSE EMERGE, a platform for small and medium-sized enterprises. The sale consists of a fresh issue of 920,000 equity shares with a face value of INR10 each, aggregating to INR9.2 crore; and an offer for sale component of 222,000 equity shares. The net proceeds will be used for repaying certain secured borrowings, and other purposes.
Urban Enviro Waste Management, the waste handling and management services provider, has announced an Initial Public Offering (IPO) to raise INR11.42 crore ($1.6m). The sale opens on 12 June and closes on 14 June with shares due to be listed on NSE EMERGE, a platform for small and medium-sized enterprises. The sale consists of a fresh issue of 920,000 equity shares with a face value of INR10 each, aggregating to INR9.2 crore; and an offer for sale component of 222,000 equity shares. The net proceeds will be used for repaying certain secured borrowings, and other purposes.
Urban Enviro Waste Management, the waste handling and management services provider, has announced an Initial Public Offering (IPO) to raise INR11.42 crore ($1.6m). The sale opens on 12 June and closes on 14 June with shares due to be listed on NSE EMERGE, a platform for small and medium-sized enterprises. The sale consists of a fresh issue of 920,000 equity shares with a face value of INR10 each, aggregating to INR9.2 crore; and an offer for sale component of 222,000 equity shares. The net proceeds will be used for repaying certain secured borrowings, and other purposes. 
