Namo eWaste Management IPO Details
| IPO Open Date: | September 4, 2024 |
| IPO Close Date: | September 6, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹80 to ₹85 Per Share |
| Issue Size: | Approx ₹51.20 Crores |
| Fresh Issue: | Approx ₹51.20 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Namo eWaste Management IPO Market Lot
The Namo eWaste Management IPO minimum market lot is 1600 shares with ₹136,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹136,000 |
| Retail Maximum | 1 | 1600 | ₹136,000 |
| HNI Minimum | 2 | 3200 | ₹272,000 |
Namo eWaste Management IPO Dates
The Namo eWaste Management IPO date is August 27 and the close date is August 29. The Namo eWaste Management IPO allotment will be finalized on August 30 and the IPO listing on September 3.
| IPO Open Date: | September 4, 2024 |
| IPO Close Date: | September 6, 2024 |
| Basis of Allotment: | September 9, 2024 |
| Refunds: | September 10, 2024 |
| Credit to Demat Account: | September 10, 2024 |
| IPO Listing Date: | September 11, 2024 |
Promoters of Namo eWaste Management
The promoters of the company are Akshay Jain and Rachna Jain.
About Namo eWaste Management
Namo eWaste Management is one of the leading companies that recycle electrical and electronic (EEE) waste dedicated to e-waste management in India. The offers comprehensive, complete, and responsible recycling services.
The company manages large volumes of high-quality EEE waste. The Electronic Products that are still functional but outdated and require minor repairs are refurbished. This involves testing, repairing, and cleaning the devices to bring them back to a usable condition. They have undertaken such services including IT products of Apple, HP, Lenovo, Dell, etc. The company has its factory located at Faridabad in Haryana for processing of extracting all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron, etc.
Namo eWaste Management Company Financial Report
The company reported revenue of 58.56 crores in 2023 against ₹45.09 crores in 2023. The company reported a profit of ₹2.42 crores in 2023 against a profit of ₹1.81 crores in 2022.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹45.09 | ₹42.67 | ₹1.81 | ₹41.74 |
| 2023 | ₹58.56 | ₹55.33 | ₹2.42 | ₹39.12 |
| 2024 | ₹101.08 | ₹91.94 | ₹6.83 | ₹62.75 |
Namo eWaste Management IPO Valuation – FY2024
Check Namo eWaste Management IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 8.96% |
| ROCE: | 11.31% |
| EBITDA Margin: | 6.61% |
| PAT Margin: | 4.13% |
| Debt to equity ratio: | 0.12 |
| Earning Per Share (EPS): | ₹4.33 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.37% |
| Net Asset Value (NAV): | ₹22.38 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Eco recycling Ltd. | 3.21 | 185.87 | 13.51% | 23.75 | 21.53 Cr. |
| Cerebra Integrated Technologies Ltd. | 2.31 | 3.25 | 0.97% | 23.06 | 86.72 Cr. |
Objects 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 Review
- IPO Watch – May Apply
- Canara Bank –
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- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
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- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
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- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Namo eWaste Management IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Namo eWaste Management Limited
B-91, Private No. A-6, Basement,
Main Road, Kalkaji, South Delhi,
New Delhi-110019
Phone: +91-129-4315187
Email: [email protected]
Website: http://www.namoewaste.com/
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