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Namo eWaste Management Limited IPO

Namo eWaste Management Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 161.50 (+90.00%)

The Initial Public Offering of Namo eWaste Management Limited's culminated in its successful listing on 11-09-2024 at the NSE trading platform. The company secured 60,24,000 Shares through this capital market exercise, with 60,24,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹80 to ₹85, with minimum investment requirements of 1600 shares. The subscription period from 04-09-2024 to 06-09-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 09-09-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Namo eWaste IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Namo eWaste IPO Key Performance Indicator
Company Financials ( In Lakhs )

Namo eWaste IPO About Company

Namo eWaste Management Limited, founded in 2014, specializes in collecting, recycling, and disposing of electronic waste. The company is certified with top international standards like ISO 9001, ISO 14001, ISO 27001, and ISO 45001, ensuring quality, safety, environmental care, and data security. They offer services such as electronics recycling, refurbishment, and Extended Producer Responsibility (EPR) for products like air conditioners, refrigerators, laptops, phones, washing machines, and fans. The company operates from a factory in Faridabad, Haryana, and a larger storage and dismantling unit in Palwal, Haryana. As of March 31, 2024, the company has around 48 employees.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Namo eWaste IPO Strength Factors

  1. Dedicated E-Waste Services: Expert in collecting, managing, and recycling e-waste through its own factory setup.
  2. Strict Quality Checks: Follows high-quality standards to deliver consistent and reliable products.
  3. Multiple Revenue Sources: Earns from different regions, minimizing dependence on one market.

Namo eWaste IPO Risk Factors

  1. Authorization Renewal Risk: If the e-waste recycling authorization isn't renewed on time, the company may face fines, legal trouble, or even temporary business closure.
  2. Supplier Dependence: Depending on a small number of key suppliers with fixed pricing could put the company at risk if market prices change or supply chains are disrupted.
  3. Geographic Revenue Concentration: Relying heavily on sales from specific regions could hurt the company's revenue and operations if any negative events happen in those areas.

Namo eWaste IPO Lead Manager(s)

  • Hem Securities Limited

Namo eWaste IPO Promoter(s)

  1. Akshay Jain
  2. Rachna Jain

Namo eWaste IPO Company Details

Namo eWaste Management Limited
Phone:
address:

Namo eWaste IPO Registrar

Maashitla Securities Private Limited
Name:
Phone:

Namo eWaste IPO FAQs