Namo eWaste Management IPO
Namo eWaste Management Limited(NAMOEWASTE)
Total Shares
60,24,000
Issue Size
₹51.20 Cr
Price Band
₹80 – ₹85
Lot Size
1600 shares
Min. Investment
₹1,36,000
Max. Investment
₹1,36,000
Open Date
04 Sep, 2024
Close Date
06 Sep, 2024
Allotment
09 Sep, 2024
Listing
11 Sep, 2024
Max. Investment
₹1,36,000
Announced
04 Sep, 2024
Opening Date
04 Sep, 2024
Closing Date
06 Sep, 2024
Basis of Allotment
09 Sep, 2024
Initiation of Refunds
10 Sep, 2024
Credit of Shares
10 Sep, 2024
Listing Date
11 Sep, 2024
Live GMP
Est. Listing: ₹135
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About Namo eWaste Management Limited IPO
Namo eWaste Management Limited was founded in 2014 and offers services for the collection, disposal, and recycling of e-waste.
Namo eWaste Management is an ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 & ISO 45001:2018 certified company and provides comprehensive services for the recycling of Electrical and Electronic Equipment (EEE) such as air conditioners, refrigerators, laptops, phones, washing machines, fans, etc.
The company's service po
Namo eWaste Management Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 35.8% increase in shares
Namo eWaste Management Limited IPO Financials Health
Namo eWaste Management Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,36,000 |
| Retail Maximum | 1 | 1600 | ₹1,36,000 |
| HNI Minimum | 2 | 3200 | ₹2,72,000 |
(All values in CR)
Namo eWaste Management Limited IPO Valuation
| Metric | Value |
|---|---|
| Debt/Equity | 0.41 |
| EPS Post IPO | 2.99 |
| EPS Pre IPO | 4.05 |
| P/E Post IPO | 28.46 |
| P/E Pre IPO | 20.96 |
| PAT Margin (%) | 6.77 |
| ROCE | 20.71% |
| ROE | 21.54% |
| RoNW | 19.37% |
(All values in CR)
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1. Experienced management and well trained and trustworthy employee base.
2. Wide Range of Products.
3. Quality Control.
4. Strong understanding of customer preference.
5. Hallmarking and Unique Identification.
6. Experienced Job Workers and Vendor Network.
7. Design Innovation for Customers.
8. Customer Satisfaction.
1. Substantial portion of its revenues are dependent on few customers and the loss of, or a significant reduction in purchases by any one or more such customers could adversely affect its financial performance.
2. The company dependence on few suppliers puts its at risk of interruptions in the availability of raw materials, which could adversely affect the company business, financial condition and results of operations. Further, the company has not entered into any long-term agreements with its suppliers for raw materials and accordingly may not be able to enjoy credit and other facilities provided by its existing suppliers.
3. Its may be unable to obtain, renew or maintain statutory and regulatory permits, licenses and approvals required to operate its business which could result in an adverse effect on the company results of operations. Its require certain statutory and regulatory permits, licenses and approvals for the company business.
4. The non-availability or high cost of quality gold bullion and coloured stones may have an adverse effect on its business, results of operations and financial condition.
5. Its income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.
Namo eWaste Management Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,15,200 | 17,15,200 | 14.58 |
| HNI | 25.94 | 8,59,200 | 2,22,84,800 | 189.42 |
| Market Maker | 1.00 | 3,02,400 | 3,02,400 | 2.57 |
| QIB | 9.01 | 11,44,000 | 1,03,04,000 | 87.58 |
| Retail | 49.47 | 20,03,200 | 9,91,04,000 | 842.38 |
| Total | 32.87 | 40,06,400 | 13,16,92,800 | 1 |
Namo eWaste Management Limited IPO GMP
Last updated 05 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 05 Sep, 2024 | 85 | ₹50 | 60800 | ₹135 (58.82%) | - | 05 Sep, 2024 |
| 06 Sep, 2024 | 85 | ₹50▼ | 60800 | ₹135 (58.82%) | - | 06 Sep, 2024 |
| 09 Sep, 2024 | 85 | ₹60 | 73000 | ₹145 (70.59%) | - | 09 Sep, 2024 |
| 10 Sep, 2024 | 85 | ₹60▼ | 73000 | ₹145 (70.59%) | - | 10 Sep, 2024 |
| 11 Sep, 2024 | 85 | ₹82 | 99700 | ₹167 (96.47%) | - | 11 Sep, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Namo eWaste Management Limited IPO
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Find Namo eWaste Management Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.
Understanding Namo eWaste Management Limited IPO
Namo eWaste Management Limited specializes in the recycling and management of electronic waste (e-waste). With the increasing emphasis on environmental sustainability, the company operates in a niche but rapidly growing sector. The IPO is expected to fuel the company's growth by financing its expansion plans and improving its operational capabilities.
Company Overview
Founded in 2014, Namo eWaste Management Limited focuses on managing and recycling electronic waste, which includes dismantling, recycling, and refurbishing various electronic products. The company operates under strict environmental regulations, offering services that align with global sustainability goals.
Key Details of the IPO:
- Issue Size: Up to 60,24,000 Equity Shares with a face value of ?10 each.
- Objective: The funds will be used for business expansion, working capital, and other corporate purposes.
- Listing Platform: NSE Emerge (SME Platform of NSE).
Pros of Investing in Namo eWaste Management Limited IPO
- Sustainable Business Model: Operating in the e-waste recycling sector, the company is well-positioned to capitalize on the growing focus on environmental sustainability.
- Market Growth Potential: With the increase in electronic waste globally, the demand for e-waste management services is expected to rise, offering substantial growth opportunities.
- Regulatory Support: The government’s push towards sustainable practices and stricter e-waste management regulations could benefit the company in the long run.
- Experienced Management: Led by Akshay Jain and Rachna Jain, the management team has significant experience in the e-waste industry, which is crucial for navigating the complexities of this niche market.
Cons of Investing in Namo eWaste Management Limited IPO
- Market Competition: The e-waste management sector is becoming increasingly competitive, with both established players and new entrants vying for market share.
- Operational Risks: Managing e-waste involves complex processes and strict adherence to environmental regulations, posing operational challenges.
- Dependency on Regulatory Framework: The company’s success is closely tied to the regulatory environment. Any adverse changes in regulations could impact the business negatively.
- Economic Sensitivity: The company’s performance could be influenced by broader economic conditions, which might affect the generation and disposal of e-waste.
Financial Performance and Market Position
Namo eWaste Management Limited has shown promising growth in recent years. However, potential investors should consider the company’s financial health, including its revenue trends, profitability, and debt levels, to gauge its long-term sustainability.
- Revenue Growth: The company has been steadily increasing its revenue, reflecting its expanding operations and growing market demand.
- Profit Margins: Profitability is a key area to watch, as operational efficiency and cost management will be crucial in maintaining healthy margins.
- Debt Levels: Assessing the company's debt levels and financial leverage is important to understand its financial stability.
Should You Invest in Namo eWaste Management Limited IPO?
Investing in Namo eWaste Management Limited’s IPO could be a good opportunity for those interested in the growing field of environmental sustainability. The company’s focus on e-waste management aligns with global trends towards greener practices. However, potential investors should be aware of the risks associated with market competition and regulatory dependency. A careful analysis of the company’s financials and market position is crucial before making an investment decision.
FAQs About Namo Ewaste Management Limited Ipo
Namo eWaste Management Limited IPO will open on 04 Sep, 2024 and close on 06 Sep, 2024. Investors must apply within this period to participate.
The Namo eWaste Management Limited IPO price band is set between ₹80.00 and ₹85.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹136000.00.
The Namo eWaste Management Limited IPO shares are expected to be listed on 11 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Namo eWaste Management Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Namo eWaste Management Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.