Namo eWaste Management IPO
Namo eWaste Management is an NSE SME IPO listed on the NSE SME platform, priced at ₹80–₹85 per share. The stock debuted at ₹161.5, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,36,000.
Namo eWaste Management Limited IPO
- IPO Dates
- Sep 4, 2024 – Sep 6, 2024
- Price band
- ₹80-85 per equity share
- Minimum Investment
- ₹1,36,000
- Issue size
- ₹51.2 Cr
- Lot size
- 1600
- Allotment Date
- Sep 9, 2024
- Listing
- Sep 11, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 4, 2024
Open Date
Completed
-
Sep 6, 2024
Close Date
Completed
-
Sep 9, 2024
Allotment Date
Completed
-
Sep 11, 2024
Listing Date
Completed
Namo eWaste Management IPO Essentials
Namo eWaste Management IPO Details
Namo eWaste Management IPO is priced at ₹80-85 per share with a total issue size of 51.2 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹80-85 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,024,000 shares(aggregating up to ₹51.20 Cr)
- Total issue size
- 60,24,000 shares
(aggregating up to ₹51.2 crore) - Fresh issue
- 60,24,000 shares
(aggregating up to ₹51.2 crore) - Listing at
- NSE SME
- List price
- 161.5
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,36,000 |
| Retail(max) | 1 | 1600 | ₹1,36,000 |
| NII (min) | 2 | 3,200 | ₹2,72,000 |
Namo eWaste Management IPO Documents
Namo eWaste Management IPO Reservation
Namo eWaste Management IPO reservation details show category-wise allocation of shares. Out of the total 60,24,000 shares, approximately 18.99% are reserved for QIB, 14.26% for NII, 33.25% for retail investors, 5.02% for market maker, and 28.47% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 17,15,200 (28.47%) | |
| Market Maker Shares Offered | 3,02,400 (5.02%) | |
| QIB Shares Offered | 11,44,000 (18.99%) | |
| NII (HNI) Shares Offered | 8,59,200 (14.26%) | |
| Retail Shares Offered | 20,03,200 (33.25%) | |
| Total Shares Offered | 60,24,000 (100%) |
Namo eWaste Management IPO Analytics
Namo eWaste Management IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Namo eWaste Management IPO Subscription Status
Namo eWaste Management IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,144,000 / 859,200 | 2,003,200 | 6,024,000 |
|
Day 1
04-09-24 06:00 PM
|
(9.00 / 8.51) x | 17.55 x | 13.17 x |
|
Day 2
05-09-24 06:00 PM
|
(9.01 / 25.69) x | 50.37 x | 33.26 x |
|
Day 3
06-09-24 06:00 PM
|
(151.75 / 394.53) x | 195,37 x | 225.63 x |
Namo eWaste Management Valuations
Earnings
- EPS Pre IPO
- ₹4.05/-
- EPS Post IPO
- ₹2.99/-
- P/E Pre IPO
- 20.96
- P/E Post IPO
- 28.46
Returns
- ROE
- 21.54%
- ROCE
- 20.71%
- RoNW
- 19.37%
- PAT Margin
- 6.77%
Fundamentals
- Debt / Equity
- 0.41
Namo eWaste Management Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 6,274.74 | 3,912.26 | 4,174.34 |
| Revenue | 10,107.62 | 5,856.07 | 4,509 |
| Profit After Tax | 682.9 | 241.56 | 180.89 |
| Net Worth | 3,526.17 | 2,814.76 | 2,577.21 |
| Reserves & Surplus | 1,841.82 | 2,109.24 | 1,871.69 |
| Total Borrowing | 1,453.24 | 344.73 | 598.1 |
Namo eWaste Management Company & Offer Insights
About Namo eWaste Management
Namo eWaste Management Limited was incorporated in the year 2014. The services that it offers are 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, providing all services in EEE like air conditioners, refrigerators, laptops, phones, washing machines, fans, etc.
The service portfolio of the company includes:
Electronics recycling
Refurbishment
Extended producer responsibility (EPR) services
The company has taken on lease a factory in Faridabad, Haryana, India, having an area of 2566 square meters and a storage and dismantling unit in Palwal, Haryana, India, having an area of 16,010 square meters.
As of March 31, 2024, the company had approximately 48 employees.
Namo eWaste Management Promoter(s)
Akshay Jain, Rachna Jain are the company's promoters of Namo eWaste Management.
Namo eWaste Management IPO Issue Objectives
- •
- 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 - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Namo eWaste Management Limited | 4.33 | 4.33 | N/A | 20.96 | 19.37 | N/A | Standalone |
| Eco Recycling Ltd. | 9.44 | 9.44 | N/A | 95.79 | 27.68 | N/A | Standalone |
| Cerebra Integrated Technologies Ltd. | -4.32 | -4.32 | N/A | N/A | -23.02 | N/A | Standalone |
Notes:
- The P/E Ratio is based on the current market price of the respective scrips.
- Namo eWaste Management Limited's EPS, NAV, RoNW, and total income are taken as per the Restated Financial Statement for the Financial Year 2023-24.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2024.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in accordance with Regulation 2(1)(hh) of the SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
Namo eWaste Management
+91-129-4315187
B-91, Private No. A-6, Basement, Main Road, Kalkaji, South Delhi, New Delhi-110019
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Namo eWaste Management IPO is a book-built IPO worth ₹51.2 crore. The price band is ₹80–₹85 per share. The IPO opens on Sep 4, 2024 and closes on Sep 6, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Namo eWaste Management IPO is ₹80 to ₹85 per share.
The lot size of Namo eWaste Management IPO is 1600 shares.
The minimum investment for Namo eWaste Management IPO is approximately ₹1,36,000 based on the upper price band .
Namo eWaste Management IPO opens on Sep 4, 2024 and closes on Sep 6, 2024.
The allotment date of Namo eWaste Management IPO is Sep 9, 2024.
Namo eWaste Management IPO is expected to be listed on Sep 11, 2024, on NSE SME Platform.
Namo eWaste Management IPO valuation snapshot: P/E 28.46, EPS ₹2.99/-, P/B N/A, RoNW 19.37%, and market cap N/A.
To apply for Namo eWaste Management IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Namo eWaste Management IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Namo eWaste Management IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Namo eWaste Management IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Namo eWaste Management IPO allotment status on IPO Ji for quick and easy access.