Namo eWaste Management Limited is a Faridabad, Haryana based company that recycles electrical and electronic waste. The company has planned to raise ₹51.20 crore through the public issue. which is going to be open on September 4, 2024 and close on September 6, 2024. The share allotment date is September 9, 2024 and the listing date is September 11, 2024.
Namo eWaste Management IPO is a fresh-issue and SME Book-build Issue initial public offering (IPO), with a total fresh issue size of ₹51.20 crore for 60 lakh shares. The price band of the Namo eWaste Management Limited IPO is set at ₹80 to ₹85 per share and it will be listed on NSE SME.
Table of Contents
Namo eWaste Management IPO All Details
| IPO Date | September 4, 2024 to September 6, 2024 |
| Listing Date | September 11, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | ₹51.20 crore for 60,24,000 shares |
| Fresh Issue | ₹51.20 crore for 60,24,000 shares |
| Issue Type | Book-Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | 50% of the Net offer |
| Retail Shares Offered | 35% of the Offer |
| NII (HNI) Shares Offered | 15% of the Offer |
Namo eWaste Management IPO Important Dates
Remember dates: The opening date of the Namo eWaste Management Limited IPO is September 4, 2024 and the closing date is September 6, 2024. The basic allotment date of the Namo eWaste Management IPO is September 9, 2024 and the listing date is September 11, 2024.
All the important dates regarding the Namo eWaste Management IPO are mentioned below. Mark them on your calendar so you don’t miss any events.
| IPO Open Date | Wednesday, September 4, 2024 |
| IPO Close Date | Friday, September 6, 2024 |
| Basis of Allotment | Monday, September 9, 2024 |
| Initiation of Refunds | Tuesday, September 10, 2024 |
| Credit of Shares to Demat | Tuesday, September 10, 2024 |
| Listing Date | Wednesday, September 11, 2024 |
Namo eWaste Management IPO GMP For Today
The last updated Grey Market Premium (GMP) for the Namo eWaste Management Limited IPO is up to ₹51. The offering price range of Namo eWaste Management IPO is set at ₹74 per share.
The following table displays the trend of the Namo eWaste Management IPO GMP over the past few days.
| GMP Date | IPO Price | GMP Price |
| September 4, 2024 | ₹80 to ₹85 | ₹51 |
| September 3, 2024 | ₹80 to ₹85 | ₹51 |
Namo eWaste Management IPO Lot Size
Namo eWaste Management Limited IPO offers a minimum of 1,600 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 1 lot, while high-net-worth individuals (HNIs) can apply for a minimum of 2 lots and a maximum of 4 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹136,000 |
| Retail (Max) | 1 | 1,600 | ₹136,000 |
| HNI (Min) | 2 | 3,200 | ₹272,000 |
| HNI (Max) | 4 | 6,400 | ₹5,44,000 |
About Namo eWaste Management Limited
Namo eWaste Management Limited is a Faridabad, Haryana based company was established in 2014 that recycles electrical and electronic waste. The company also recycles scrap and extracts components like copper, semiconductors, etc. Namo eWaste Management Limited also manages waste and defective products from manufacturers for recycling. Mr. Akshay Jain is the Managing Director of the company.
Namo eWaste Management Limited Financial Reports
The financial reports of Namo eWaste Management Ltd. show a good stands, 72.6% revenue growth, and 182.7% the profit after tax (PAT) growth in FY2024.
| Financial Metric | FY 2024 (₹ million) | FY 2023 (₹ million) | Change (%) |
|---|---|---|---|
| Assets | 6,274.74 | 3,912.26 | +60.4% |
| Revenue | 10,107.62 | 5,856.07 | +72.6% |
| Profit After Tax (PAT) | 682.9 | 241.56 | +182.7% |
| Total Borrowing | 1,453.24 | 344.73 | +321.5% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE (Return on Equity) | 21.54% |
| ROCE (Return on Capital Employed) | 20.71% |
| Debt/Equity Ratio | 0.41 |
| RoNW (Return on Net Worth) | 19.37% |
| PAT Margin (%) | 6.77% |
| EBITDA Margin (%) | 15.62% |
| Current Ratio | 1.85 |
| Quick Ratio | 1.45 |
| Interest Coverage Ratio | 4.9 |
| Gross Profit Margin (%) | 33.42% |
| Operating Margin (%) | 12.85% |
| Asset Turnover Ratio | 1.62 |
| Inventory Turnover Ratio | 5.4 |
| Cash Conversion Cycle (days) | 48 |
FAQs
1. What is the GMP price of the Namo eWaste Management Limited IPO?
The current GMP price of the Namo eWaste Management Limited IPO is ₹41.
2. On which exchange will the Namo eWaste Management IPO be listed?
Namo eWaste Management IPO shares are to be listed on the NSE SME.
3. When is the allotment date for the Namo eWaste Management IPO?
The allotment date of the Naturewings Holidays Limited IPO is September 9, 2024.
4. What are the opening and closing dates of theNamo eWaste Management IPO?
Namo eWaste Management IPO will open on September 4, 2024 & close on September 6, 2024.
5. When is the listing date for the Namo eWaste Management Limited IPO?
Namo eWaste Management IPO’s listing date is September 11, 2024.
6. What is Namo eWaste Management Limited IPO?
Namo eWaste Management Limited is an SME IPO that opens on September 4, 2024, and closes on September 6, 2024. It will be listed on Tuesday, September 11, 2024, at NSE SME.
7. How to apply for Namo eWaste Management IPO?
You can easily apply for Namo eWaste Management IPO with your Demat account & Internet banking.
Namo eWaste Management Limited is a Faridabad, Haryana based company that recycles electrical and electronic waste. The company also recycles scrap and extracts components like copper, semiconductors, etc. The financial reports of Namo eWaste Management Ltd. show a good stands, 72.6% revenue growth, and 182.7% the profit after tax (PAT) growth in FY2024. This IPO will be a good choice for investors. To get more information and regular updates on the Namo eWaste Management Limited IPO, keep in touch with The Invest Advisory.