Namo Ewaste Management IPO Date : Namo Ewaste Management IPO Date is Open on 4 September 2024 and Close on 6 September 2024. Namo Ewaste Management IPO to Raise 6,024,000 shares (Approx ₹51.20 Cr) via IPO. The Fresh issue of 6,024,000 shares (Approx ₹51.20 Cr).
Our Company incorporation 2014 We are an E Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, Refrigerator, Laptop, Phones, Washing Machine, Fans etc.
We are committed towards managing large volume of electrical and electronic equipment waste and able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron etc. Electrical and electronic equipment comprises of many complex
materials like batteries, plastics, glass, and ferrous and non-ferrous metals.
These materials must be processed carefully to avoid releasing harmful chemicals into the environment. We take steps to safely recover valuable commodities within e-waste for recycling and reuse.
we organize awareness campaigns, collection drives, and events to collect waste and promote public consciousness regarding its safe disposal.
Our Service Portfolio includes
Electronic Recycling- The Electronic Products that cannot be refurbished, such as those that are obsolete or irreparably damaged are channelized to the dismantling unit, which involves collecting, sorting, dismantling and recycling electronic products to recover useful materials like copper, Aluminium, Iron, Plastic, Zinc & Brass Scrap etc. along with safe disposal of the hazardous elements recovered during recycling.
- ITAD
- Electronic Recycling
- Data Destruction
- Reverse Logistics
- EPR Services
Further, we provide Data destruction services and IT Asset Disposition services through Data Degaussing, Hard disk Shredding & Software Data destruction to ensure security of confidential information on devices of the customer as data stored on IT assets must be securely erased to prevent unauthorized access or data breaches
Refurbishment– The Electronic Products that are still functional but outdated and require minor repairs are refurbished.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. Refurbished electronics are then
packaged and made available for sale through various channels.
Extended Producer Responsibility Services (EPR) – EPR is a policy approach where producers are responsible to disclose the entire lifecycle of their products, including their end-of-life disposal according to environmental regulations. This may involve partnering with recycling facilities, refurbishment centers, or waste management companies to process collected materials in an environmentally responsible manner. We assist customers to meet their EPR targets as stated above according to the E-waste Management Rules 2022. This service offers compliance auditing and reporting, return filing and awareness related to safe disposal
of E-waste.
our products to around 20 states & Union Territories in India of which majority portion of the revenue comes from the state of Haryana, Delhi and Maharashtra. The other states include Tamil Nadu, Uttar-Pradesh, Rajasthan, Gujarat, West-Bengal, Punjab, Uttarakhand, Chandigarh etc
We have one factory at 14/1, Mile Stone, Main Mathura Road, Faridabad-121003, Haryana, India, taken on rent, spreading in an area of 2566 sq. mtr. along with one Storage & Dismantling Unit on rent in K. No. 24, Musttil No. 6, Milestone 54, Main Mathura Road, Agwanpur, Palwal, Haryana-121102, India, spreading in an area of 16,010 sq. mtr. Our factory is equipped with requisite infrastructure including machineries and other handling equipment to facilitate smooth recycling process.
Namo Ewaste Management IPO Date & Price Band Details
| IPO Open Date | 4 Sep 2024 |
|---|---|
| IPO Close Date | 6 Sep 2024 |
| IPO Size | 6,024,000 shares (Approx ₹51.20 Cr) |
| Fresh Issue | 6,024,000 shares (Approx ₹51.20 Cr) |
| Lot Size | 1600 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹80 to ₹85 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Namo Ewaste Management IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,36,000 |
| Retail Maximum | 1 | 1600 | ₹1,36,000 |
| S-HNI Minimum | 2 | 3200 | ₹2,72,000 |
Object 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 Allotment & Listings (Details)
| IPO Open Date | 4 Sep 2024 |
|---|---|
| IPO Close Date | 6 Sep 2024 |
| Basis of Allotment | 9 Sep 2024 |
| Refunds | 10 Sep 2024 |
| Credit to Demat Account | 10 Sep 2024 |
| IPO Listing Date | 11 Sep 2024 |
Namo Ewaste Management Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2023 | ₹58.56 | ₹55.33 | ₹2.42 |
| 2022 | ₹45.09 | ₹42.67 | ₹1.81 |
| 2021 | ₹30.61 | ₹28.21 | ₹1.93 |
Our Company Promoters
- Akshay Jain
- Rachna Jain
Qualitative Factors
- A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit.
- Stringent quality control mechanism ensuring standardized product quality.
- Diversified revenue from multiple geographies.
- Synergy of young and experienced management team.
Comparison of Accounting Ratios with Listed Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | Book Value | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Namo E-Waste Management Limited | 10.00 | 4.33 | [.] | 19.37% | 22.38 | 10107.62 |
| Peer Group | ||||||
| Eco recycling Limited | 10.00 | 9.44 | 95.79 | 27.68% | 34.11 | 3,527.00 |
| Cerebra Integrated Technologies Ltd. | 10.00 | -4.32 | - | -23.02% | 18.75 | 5,335.44 |
Also Read: Mach Conferences and Events IPO
Namo Ewaste Management Company Contact Details
B-91, Private No. A-6, Basement, Main Road,
Kalkaji, South Delhi, New Delhi-110019, Delhi, India.
Tel. No.: +91-11-4362 9508
Email: cs@namoewaste.com
Website: www.namoewaste.com
Namo Ewaste Management Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra, India.
Tel No.: +91-22-4906 0000
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Ajay Jain
Namo Ewaste Management IPO Registrar
Maashitla Securities Private Limited
451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura, New Delhi, 110034, India
Tel No: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance Email: investor.ipo@maashitla.com
Contact Person: Mukul Agrawal
Website: www.maashitla.com
3 thoughts on “Namo Ewaste Management IPO Date, Review, GMP Price, Details”