Namo eWaste Management Ltd
Price Range
₹80 - ₹85
Min. Quantity
1,600
Closes on
6 September 2024
Min. investment
₹1,36,000/1,600 Shares
Namo eWaste Management Ltd IPO Timeline
Namo eWaste Management Limited was incorporated at Delhi, pursuant to a Certificate of Incorporation dated January 13, 2014 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The Company commenced commercial operations through a Certificate for Commencement of Business effective January 29, 2014.
| Event | Date |
|---|---|
| Namo eWaste Management Ltd IPO Opening Date | 4 September 2024 |
| Namo eWaste Management Ltd IPO Closing Date | 6 September 2024 |
| Basis of Allotment | 9 September 2024 |
| Initiation of Refunds | 10 September 2024 |
| Credit of Shares to Demat | 10 September 2024 |
| Namo eWaste Management Ltd IPO Listing Date | 11 September 2024 |
Namo eWaste Management Ltd IPO Details
| Namo eWaste Management Ltd IPO Date | 4 September 2024 to 6 September 2024 |
| Namo eWaste Management Ltd IPO Face Value | ₹10 per share |
| Namo eWaste Management Ltd IPO Price | ₹80 to ₹85 per share |
| Namo eWaste Management Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹51.2 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹51.2 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Akshay Jain, Rachana Jain |
Namo eWaste Management Ltd IPO Lot Size
The Namo eWaste Management Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,36,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,36,000 |
| Maximum | 1 | 1,600 | ₹1,36,000 |
- Strengths
- Risks
- Opportunities
- 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 Financials
Namo eWaste Management Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 39.12 | 58.56 | 2.42 |
| 03-2022 | 41.74 | 45.09 | 1.81 |
| 03-2021 | 26.69 | 30.61 | 1.93 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the capital expenditure requirements of the subsidiary i.e Techeco Waste Management LLP towards setting up of a new factory unit at
- To Meet Working Capital Requirement
- General Corporate Purposes
Namo eWaste Management Ltd IPO Promoter Holding
| Pre Issue Share Holding | 49.23% |
| Post Issue Share Holding | 36.26% |
Namo eWaste Management Ltd IPO Subscription Status (Bidding Detail)
The Namo eWaste Management Ltd IPO is subscribed 209.8741 times on 6 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 209.8741 |
Namo eWaste Management Ltd IPO Prospectus
Namo eWaste Management Ltd IPO Listing Date
| Listing Date | 11 September 2024 |
| BSE Script | 93015 |
| NSE Symbol | NAMOEWASTE |
| Listing In | NSE - SME |
| ISIN | INE08NZ01012 |
| IPO Price | ₹85 |
| Face Value | ₹10 |
Company Contact Information
B-91 Private No A-6 BasementMain Road Kalkaji South Delhi,New Delhi-110019
Phone: +91-129-4315 187
Email: cs@namoewaste.com
Website: www.namoewaste.com
Namo eWaste Management Ltd IPO Registrar
Namo eWaste Management Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Namo eWaste Management Ltd IPO?
I have pre-applied for Namo eWaste Management Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.