Namo eWaste Management Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,859,200 (47%) | — | ₹2,430 Cr |
| NII (HNI) | — | 859,200 (14%) | — | ₹730 Cr |
| Retail | — | 2,003,200 (33%) | — | ₹1,703 Cr |
| Market Maker | — | 302,400 (5%) | — | ₹26 Cr |
| Σ Total | — | 6,024,000 (100%) | — | ₹51,204 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹136,000 |
| Retail (Max) | 13 | 20,800 | ₹1,768,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,904,000 |
| B-HNI (Min) | 67 | 107,200 | ₹9,112,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 10,108 | 5,856 | 4,509 |
| Profit After Tax | 683 | 242 | 181 |
| Net Worth | 3,526 | 2,815 | 2,577 |
| Total Assets | 6,275 | 3,912 | 4,174 |
| Reserves & Surplus | 1,842 | 2,109 | 1,872 |
| Total Borrowing | 1,453 | 345 | 598 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
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. –
Company Overview
Namo eWaste Management Limited was founded in 2014 and offers services for the 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 and provides comprehensive services for the recycling of Electrical and Electronic Equipment (EEE) such as air conditioners, refrigerators, laptops, phones, washing machines, fans, etc.
The company's service portfolio includes:
- Electronics recycling
- Refurbishment
- Extended producer responsibility (EPR) services
The company has leased a factory in Faridabad, Haryana, India, with an area of 2566 square meters, and a storage and dismantling unit in Palwal, Haryana, India, with an area of 16,010 square meters.
On March 31, 2024, the company employed around 48 people.