Namo eWaste Management Limited 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.
Namo eWaste Management IPO – Details
| IPO Opening Date | 04 September 2024 |
| IPO Closing Date | 06 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 60,24,000 Shares Worth ₹51.20 Crore Fresh Issue: 60,24,000 Shares Worth ₹51.20 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 – ₹85 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Namo eWaste Management IPO – Date Schedule
| IPO Open Date | 04 September 2024 |
| IPO Close Date | 06 September 2024 |
| Basis of Allotment | 09 September 2024 |
| Initiation of Refund | 10 September 2024 |
| Credit of Shares to Demat Account | 10 September 2024 |
| IPO Listing Date | 11 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 06, 2024 |
Namo eWaste Management IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,36,000 |
| Retail (Max) | 1 | 1600 | ₹1,36,000 |
| HNI (Min) | 2 | 3200 | ₹2,72,000 |
Competitive Strengths
- A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit.
- Stringent quality control mechanism ensuring standardized product quality.
- Diversified revenue from multiple geographies.
- Synergy of young and experienced management team.
Company Promoters
- Akshay Jain
- Rachna Jain
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 30.60 | 28.20 | 1.92 | 13.39 |
| 31 March 2022 | 45.09 | 42.67 | 1.80 | 5.98 |
| 31 March 2023 | 58.56 | 55.33 | 2.41 | 3.44 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| RoNW | – |
| P/BV | – |
| PAT Margin (%) | – |
| Pre IPO | Post IPO | |
| EPS (Rs) | 1.43 | 1.06 |
| P/E (x) | 59.27 | 80.47 |
Object Of The Issue
- Funding the Capital Expenditure requirements of our subsidiary i.e. Techeco Waste Management LLP, towards setting up of a new factory unit at Nashik.
- To Meet Working Capital Requirement.
- General Corporate Purpose.
Namo eWaste Management IPO Promoter Holding
| Pre Issue Share Holding | 93.67% |
| Post Issue Share Holding | – |
Namo eWaste Management IPO Prospectus
- Namo eWaste Management IPO DRHP
- Namo eWaste Management IPO RHP
Company Contact Information
| 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/ |
Namo eWaste Management IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Namo eWaste Management IPO Lead Manager(s)
| 1. Hem Securities Limited |
Namo eWaste Management IPO FAQs
| What is Namo eWaste Management IPO? Namo eWaste Management IPO is a SME IPO. The issue is priced at ₹80 and ₹85 per equity share. The IPO is to be listed on NSE SME. |
| When Namo eWaste Management IPO will open? The IPO is to open on 04 September 2024 for QIB, NII, and Retail Investors. |
| What is Namo eWaste Management IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Namo eWaste Management IPO? You can apply Namo eWaste Management IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Namo eWaste Management IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Namo eWaste Management IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Namo eWaste Management IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Namo eWaste Management IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Namo eWaste Management IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Namo eWaste Management IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Namo eWaste Management IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Namo eWaste Management IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Namo eWaste Management IPO Size? Namo eWaste Management IPO size is ₹51.20 Crore. |
| What is Namo eWaste Management IPO Price Band? Namo eWaste Management IPO Price Band is ₹80 – ₹85. |
| What is Namo eWaste Management IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1600 Shares with ₹1,36,000 amount while the maximum bid is 1600 Shares with ₹1,36,000. |
| What is the Namo eWaste Management IPO Allotment Date? Namo eWaste Management IPO allotment date is 09 September 2024. |
| What is the Namo eWaste Management IPO Listing Date? Namo eWaste Management IPO listing date is 11 September 2024. The IPO is to be listed on NSE SME. |
