Namo eWaste Management Limited IPO Details

SME

Namo eWaste Management IPO opens for subscription on 04 Sep 2024 and closes on 06 Sep 2024. The IPO will be listed on NSE with the tentative listing date set for 11 Sep 2024.

Namo eWaste Management IPO price band has been fixed at ₹80 – ₹85 per share.The face value is ₹10 per share with a lot size of 1600.

Namo eWaste Management IPO total issue size comprises 60,24,000 shares (aggregating up to ₹51.20 Cr). This includes a fresh issue of 60,24,000 shares (aggregating up to ₹51.20 Cr). Pre-issue shareholding stands at 1,68,43,515, which will increase to 2,28,67,515 post-issue.

Namo eWaste Management IPO carries a ₹82 (96.5%) GMP, reflecting investor sentiment.

Namo eWaste Management IPO Lot Size : Retain Minimum is 1 lot (1,600 shares) amounting to ₹136,000. Retain Maximum is 1 lot (1,600 shares) amounting to ₹136,000. SHNI Minimum is 2 lots (3,200 shares) amounting to ₹272,000.

The Lead Managers for Namo eWaste Management IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Namo eWaste Management Limited RHP.

Namo eWaste Management IPO Details

Listing Price : ₹161.5 at a Premium of 90%
Open Date
04 Sep 2024
Close Date
06 Sep 2024
Listing Date
11 Sep 2024
Issue Price
₹80 - ₹85
Face Value
₹10 per share
Lot Size
1600
GMP
₹82 (96.5%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
16843515
Share holding post issue
22867515
Total Issue Size
60,24,000 shares (aggregating up to ₹51.20 Cr)
Fresh Issue
60,24,000 shares (aggregating up to ₹51.20 Cr)
Offer for Sale
-

Namo eWaste Management IPO Subscription

Namo eWaste Management IPO Application Wise Breakup

Namo eWaste Management IPO Dates

  • 04 Sep 2024
    Opening dateOPD
  • 06 Sep 2024
    Closing dateCOD
  • 09 Sep 2024
    Allotment Date BOA
  • 10 Sep 2024
    Initiation of RefundsIOR
  • 10 Sep 2024
    Credit of SharesCOS
  • 11 Sep 2024
    Listing dateLID

Namo eWaste Management IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11600₹136,000
Retain Maximum11600₹136,000
SHNI Minimum23200₹272,000
SHNI Maximum00
BHNI Minimum00

Namo eWaste Management IPO Reservation

Promoter Holding

Pre Issue:93.67%
Post Issue:68.99%
Promoter Names:
Akshay Jain, Rachna Jain

Namo eWaste Management IPO Valuations

ROE:21.54%
ROCE:20.71%
Debt/Equity:0.41
RoNW:19.37%
PAT Margin (%):6.77
EPS Pre IPO:4.05
EPS Post IPO:2.99
P/E Pre IPO:20.96
P/E Post IPO:28.46

Namo eWaste Management Financial Information

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6,274.743,912.264,174.34
Revenue10,107.625,856.074,509
Profit After Tax682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves and Surplus1,841.822,109.241,871.69
Total Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs

About Namo eWaste Management IPO

Namo eWaste Management Limited was founded in 2014 and offers services for the collection, disposal, and recycling of e-waste.

Namo eWaste Management is an ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 & ISO 45001:2018 certified company and provides comprehensive services for the recycling of Electrical and Electronic Equipment (EEE) such as air conditioners, refrigerators, laptops, phones, washing machines, fans, etc.

The company's service portfolio includes:

  • Electronics recycling
  • Refurbishment
  • Extended producer responsibility (EPR) services

The company has leased a factory in Faridabad, Haryana, India, with an area of 2566 square meters, and a storage and dismantling unit in Palwal, Haryana, India, with an area of 16,010 square meters.

On March 31, 2024, the company employed around 48 people.

Strength Of Namo eWaste Management IPO

To be announced

Risk Of Namo eWaste Management IPO

To be announced

Objectives Namo eWaste Management IPO

  1. Funding the Capital Expenditure requirements of our subsidiary i.e. Techeco Waste Management LLP, towards setting up of a new factory unit at Nashik.
  2. To Meet Working Capital Requirement.
  3. General Corporate Purpose.

Company Contact Details

Namo eWaste Management Limited
B-91, Private No. A-6, Basement,
Main Road, Kalkaji, South Delhi,
New Delhi-110019
Phone: +91-129-4315187
Email: cs@namoewaste.com
Website: http://www.namoewaste.com/

Registrar Contact Details

Name: Maashitla Securities Private Limited
Phone: +91-11-45121795, +91-11-45121796

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