Namo eWaste IPO GMP, Review, Price, Allotment

Namo eWaste IPO description – The company specializes in the collection, disposal, and recycling of e-waste, providing comprehensive services for recycling electrical and electronic equipment (EEE) such as air conditioners, refrigerators, laptops, phones, washing machines, fans, and more. Namo eWaste Management is dedicated to handling large volumes of EEE waste and is capable of extracting all components from electrical items, including valuable and semi-precious metals like copper, aluminum, and iron.

Namo eWaste Management operates a rented factory in Faridabad, Haryana, and also has a Storage and Dismantling Unit on rent in Palwal, Haryana. The Faridabad factory is equipped with the necessary infrastructure, including machinery and handling equipment, to ensure a smooth recycling process. As of 31 March 2024, the company employs approximately 48 people, including semi-skilled staff, across various levels of the organization.

Currently, Namo eWaste markets its products across approximately 20 states and Union Territories in India, with the majority of its revenue generated from Haryana, Delhi, and Maharashtra. Other states contributing to its market include Tamil Nadu, Uttar Pradesh, Rajasthan, Gujarat, West Bengal, Punjab, Uttarakhand, and Chandigarh, among others.

Promoters of Namo eWaste Management – Akshay Jain, and Rachna Jain

Namo eWaste IPO Details

Namo eWaste IPO Dates	4 – 6 September 2024
Namo eWaste Issue Price	INR 80 – 85 per share
Fresh issue	72,06,000 shares (INR 61.25 crore)
Offer For Sale	NIL
Total IPO size	72,06,000 shares (INR 61.25 crore)
Minimum bid (lot size)	1,600 shares (INR 1,36,000)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE Emerge

Namo eWaste Financial Performance

	FY 2021*	FY 2022*	FY 2023*	9M FY 2024
Revenue	30.60	44.78	58.45	53.70
Expenses	28.21	42.67	55.33	49.74
Net income	1.93	1.81	2.42	2.95

Figures in INR Crores unless specified otherwise
* All Standalone Data

Namo eWaste Offer News

Namo eWaste Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	1.34	1.24	1.62
PE ratio	–	–	49.38 – 52.47
RONW (%)	16.90	7.02	8.58
NAV	7.94	17.60	18.87
ROCE (%)	11.89	8.17	11.31
EBITDA (%)	10.47	5.79	6.61
Debt/Equity	1.18	0.23	0.12

*Compiled by IPO Central from Prospectus

Namo eWaste IPO GMP Today

Namo eWaste IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

Namo eWaste IPO Allotment Status

Namo eWaste IPO allotment status will be available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.

Namo eWaste IPO Dates & Listing Performance

IPO Opening Date	4 September 2024
IPO Closing Date	6 September 2024
Finalization of Basis of Allotment	9 September 2024
Initiation of refunds	10 September 2024
Transfer of shares to demat accounts	10 September 2024
IPO Listing Date	11 September 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

Namo eWaste Offer Lead Manager

HEM SECURITIES LIMITED
904, A wing, 9 Floor, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai 400 013.
Phone: +91- 22- 49060000
Email: [email protected]
Website: www.hemsecurities.com

Namo eWaste Offer Registrar

MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: +91-11-45121795
Email: [email protected]
Website: www.maashitla.com

NAMO EWASTE MANAGEMENT LIMITED
14/1, Main Mathura Road,
Faridabad-121003, Haryana
Phone: +91-129-4315187
E-mail: [email protected]
Website: www.namoewaste.com