IPO

Namo eWaste Management Ltd. IPO

Namo eWaste Management Ltd., established in 2014, operates in the Waste Management sector. The company's IPO opened on September 4, 2024 and closed on September 6, 2024, with an issue price of ₹85. ... Read more

Min Investment
₹ 1,36,000 / 1600 shares
Price Range
₹80 - ₹ 85
Bidding Dates
4 Sep '24 - 6 Sep '24
Total Issue Value
51.20 Cr
Lot Size
1,600
Total Issue Size
51.20 Cr
Listing At
NSE SME
Subscription
220.81 times
NSE Price
210.40 (147.53%)

IPO Timeline

  • 4 Sep 2024
    Bidding Starts
  • 6 Sep 2024
    Bidding Ends
  • 9 Sep 2024
    Allotment Finalization
  • 11 Sep 2024
    Listing

About Namo eWaste Management Ltd.

We are an E Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, Refrigerator, Laptop, Phones, Washing Machine, Fans etc. We are an ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 ... Read more

Parent organisation
Founded
Namo eWaste Management Ltd.
2014

Namo eWaste Management Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 17,15,200 (28.47%)
Market Makers 3,02,400 (5.02%)
Non Institutional Investors 8,59,200 (14.26%)
Qualified Institutional Buyers (QIBs) 11,44,000 (18.99%)
Retail Individual Investors (RIIs) 20,03,200 (33.25%)

Namo eWaste Management Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 76.60 Cr 7.22 Cr 18.51 Cr
31 Mar 2023 58.56 Cr 2.42 Cr 21.09 Cr
31 Mar 2022 45.09 Cr 1.81 Cr 18.72 Cr

Namo eWaste Management Ltd. Background

Major Events And Milestones
  • 2014
    Incorporation of the Company.
  • 2024
    Techeco Waste Management LLP (Formerly known as Techeco Ewaste Namo LLP) become the subsidiary of our Company.
Namo eWaste Management Ltd. Object of Issues

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

Namo eWaste Management Ltd. IPO Listing Details
Listing Date
11 Sep 2024
NSE Symbol
NAMOEWASTE
ISIN
INE08NZ01012
Final Issue Price
₹ 85
Namo eWaste Management Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 85.00
Open - ₹ 161.50
Low - ₹ 161.50
High - ₹ 169.55
Last Trade - ₹ 169.55
Namo eWaste Management Ltd. Company Promoters

1. Akshay Jain
2. Rachna Jain

Industry Overview

E-waste is the fastest growing waste stream in India with 3.2 million tons of e-waste generated a year, third highest after China and USA (According to ‘Global E-waste Monitor 2020’). Fast growing ICT sector is one of the prominent contributors to this increasing number of e-wastes. ... Read more

Namo eWaste Management Ltd. Contact Details
Address: B-91, Private No. A-6, Basement, Main Road, Kalkaji, South Delhi, New Delhi Delhi - 110019
Phone no:43629508
43629508
|
Namo eWaste Management Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
Namo eWaste Management Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Namo eWaste Management Ltd. IPO opens and closes?

Namo eWaste Management Ltd. IPO opens from 4th September to 6th September 2024.

What is the size of Namo eWaste Management Ltd. IPO?

The size of the Namo eWaste Management Ltd. IPO is ₹51.20 Cr.

What is the price range of Namo eWaste Management Ltd. IPO?

The price range of Namo eWaste Management Ltd. IPO is at ₹80 to ₹85 per share.

What is the minimum investment and lot size required for the Namo eWaste Management Ltd. IPO?

The minimum investment required is ₹1,36,000 and minimum lot size is 1600 shares.

When is Namo eWaste Management Ltd. IPO listing date?

The Namo eWaste Management Ltd. IPO will be listed on 11th September 2024.

What is the objective of Namo eWaste Management Ltd. 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

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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