Namo eWaste Management Limited
Bookbuilding IPO · NSE
- Price band
- ₹80 - ₹85
- Lot size
- 1,600 shares
- Issue amount
- ₹51.2 cr
- Total subscription
- 225.72×
- Opens
- 4 Sept 2024
- Closes
- 6 Sept 2024
- Allotment
- 9 Sept 2024
- Listing
- 11 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 60,24,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,28,000
- Fresh issue
- ₹51.2 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,36,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,68,43,515
- Shares after issue
- 2,28,67,515
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,36,000 |
| HNI | 2 | 3,200 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.72 | 1,475.63 |
| RETAIL | 17.03 | 3,329.44 |
| NIB | 7.3 | 2,881.53 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 4.33 | 1.62 | 1.24 |
| ROE | 21.54 | 8.96 | 9.73 |
| ROCE | 20.71 | 11.31 | 8.17 |
| RONW | 19.37 | 8.58 | 7.02 |
| PRE IPO(PE) | 20.96 | 0 | 0 |
| POST IPO(PE) | 28.46 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Namo eWaste Management Limited, founded in 2014, specializes in collecting, recycling, and disposing of electronic waste. The company is certified with top international standards like ISO 9001, ISO 14001, ISO 27001, and ISO 45001, ensuring quality, safety, environmental care, and data security. They offer services such as electronics recycling, refurbishment, and Extended Producer Responsibility (EPR) for products like air conditioners, refrigerators, laptops, phones, washing machines, and fans. The company operates from a factory in Faridabad, Haryana, and a larger storage and dismantling unit in Palwal, Haryana. As of March 31, 2024, the company has around 48 employees.
Strengths
- Dedicated E-Waste Services: Expert in collecting, managing, and recycling e-waste through its own factory setup.
- Strict Quality Checks: Follows high-quality standards to deliver consistent and reliable products.
- Multiple Revenue Sources: Earns from different regions, minimizing dependence on one market.
Risk factors
- Authorization Renewal Risk: If the e-waste recycling authorization isn't renewed on time, the company may face fines, legal trouble, or even temporary business closure.
- Supplier Dependence: Depending on a small number of key suppliers with fixed pricing could put the company at risk if market prices change or supply chains are disrupted.
- Geographic Revenue Concentration: Relying heavily on sales from specific regions could hurt the company's revenue and operations if any negative events happen in those areas.
Promoters
Akshay Jain
Rachna Jain
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B-91, Private No. A-6, Basement, Main Road, Kalkaji, South Delhi, New Delhi-110019
+91-129-4315187
[email protected]Company website ↗Understanding NAMOEWASTE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.