Namo eWaste Management IPO Date, Price, GMP – The Namo eWaste Management IPO is set to begin on September 4. Namo eWaste Management is a SME IPO aiming to raise ₹61.25 crores. The Namo eWaste Management IPO price band is set at ₹80 to ₹85, with a market lot of 1600 shares. Namo eWaste Management is one of India’s major e-waste recycling companies. The company provides comprehensive, full, and responsible recycling services. The organization manages a considerable amount of high-quality EEE garbage. Electronic products that are still functioning but obsolete and need minor repairs are reconditioned.
Namo eWaste Management IPO Details
| IPO Open Date | September 4, 2024 |
| IPO Close Date | September 6, 2024 |
| Listing Date | Wednesday, September 11, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,024,000 shares
(aggregating up to ₹51.20 Cr) |
| Fresh Issue | 6,024,000 shares
(aggregating up to ₹51.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Namo eWaste Management Financials
Between March 31, 2024, and March 31, 2023, Namo eWaste Management Limited’s profit after tax (PAT) climbed by 183% and its revenue by 73%, respectively.
| FY 2024 | |
| Assets | 6,274.74 |
| Revenue | 10,107.62 |
| Profit After Tax | 682.9 |
| Net Worth | 3,526.17 |
| ROE | 21.54% |
| ROCE | 20.71% |
| Debt/Equity | 0.41 |
| RoNW | 19.37% |
| PAT Margin (%) | 6.77 |
How to Check Allotment Status of Namo eWaste Management?
Namo eWaste Management Limited’s initial public offering (IPO) is scheduled for September 9, 2024. To check the IPO allotment status, follow the procedures below:
- To check the allotment status, click the button below.
- Select the company name.
- Please enter your PAN, Application Number, or DP Client ID (Anyone).
- Click Search.
- You will receive credit for equal shares in your Demat account after obtaining the allotment.
About the Company – Namo eWaste Management
Namo eWaste Management Limited, created in 2014, provides e-waste collection, disposal, and recycling services.
The company specializes in processing massive amounts of electrical and technological trash. It can extract all of an electrical appliance’s components, including valuable and semi-precious metals like copper, aluminum, and iron. Batteries, polymers, glass, ferrous and nonferrous metals are among the numerous sophisticated materials used in electrical and electronic equipment. These materials must be properly processed to prevent the release of hazardous substances into the environment.
To assist in the collection of e-waste for EPR, the organization has established collection centers in various areas around India. The company reaches out to its target audience for e-waste procurement through a variety of initiatives and marketing strategies, including participation in various events and exhibitions, awareness campaigns in schools, media coverage (Clean India Journal, Economic Times, Dainik Bhasker), lectures (Jitopreneurs, London), and more.
