Namo eWaste Management Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

04 Sep 2024

Close Date

06 Sep 2024

Allotment

09 Sep 2024

Listing Date

11 Sep 2024

Exchange

NSE SME

Price Band

₹85

Listing Price

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Allotment Status

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Price Band

₹85

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

60,24,000 shares (aggregating up to ₹51.20 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹136,000

1 lot

Pre-IPO Holding

1,68,43,515 shares

Promoters

Post-IPO Holding

2,28,67,515 shares

Promoters

P/E (Pre)

20.96x

P/E (Post)

28.46x

EPS (Pre)

₹4.05

EPS (Post)

₹2.99

UPI Deadline

2024-09-06

Mandate

Anchor AllotmentTue, 03 Sep 2024

Basis of AllotmentMon, 09 Sep 2024

Refund InitiationTue, 10 Sep 2024

Demat CreditTue, 10 Sep 2024

Listing DayWed, 11 Sep 2024

UPI Mandate Deadline2024-09-06

Sale TypeFresh Capital

Net Offer to Public57,21,600 shares (aggregating up to ₹48.63 Cr)

Market Maker Quota3,02,400 shares (aggregating up to ₹2.57 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Namo eWaste Management Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Sep 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	302,400	—	₹2.57
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,024,000	100%	₹51.20

IPO Shares Offered

Namo eWaste Management Ltd. IPO total issue size: ₹51.20 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	302,400	₹2.57	5.02%
Total	6,024,000	₹51.20	100.00%

* Based on upper price band ₹85 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹85.00

Upper Band

Min Investment

₹136,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹272,000
Retail (Max — 13 Lots)	13	20,800	₹1,768,000
S-HNI (Min — 14 Lots)	14	22,400	₹1,904,000
B-HNI (Min — 68 Lots)	68	108,800	₹9,248,000

* Issue Price ₹85 × Lot Size 1,600 shares

IPO Schedule

Anchor

03 Sep 2024

✓ Done

IPO Open

04 Sep 2024

✓ Done

IPO Close

06 Sep 2024

✓ Done

Allotment

09 Sep 2024

✓ Done

Refunds

10 Sep 2024

✓ Done

Demat Credit

10 Sep 2024

✓ Done

Listing Day

11 Sep 2024

✓ Done

₹85.00

INR · NSE

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Issue ₹85.00 Live Price

About Namo eWaste Management Ltd.

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 portfolio includes:Electronics recyclingRefurbishmentExtended producer responsibility (EPR) servicesThe company has leased a factory in Faridabad, Haryana, India, with an area of 2566 square meters, and a storage and dismantling unit in Palwal, Haryana, India, with an area of 16,010 square meters.On March 31, 2024, the company employed around 48 people.

Objects 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 Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹4,509.0

31 Mar 2022

₹5,856.1

31 Mar 2023

₹10,107.6

31 Mar 2024

Profit After Tax (PAT)

₹180.9

31 Mar 2022

₹241.6

31 Mar 2023

₹682.9

31 Mar 2024

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	10107.62	5856.07	4509.00
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	682.90	241.56	180.89
Net Worth	3526.17	2814.76	2577.21
Total Assets	6274.74	3912.26	4174.34
Reserves & Surplus	1841.82	2109.24	1871.69
Borrowings	1453.24	344.73	598.10
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	6.77%	—	—

RoE

21.54%

RoCE

20.71%

RoNW

19.37%

PAT Margin

6.77%

Debt/Equity

0.41

Issue Structure & Shareholding

Total Shares Offered60,24,000 (100.00%)

Net Offer to Public57,21,600 shares (aggregating up to ₹48.63 Cr)

Reserved for Market Maker3,02,400 shares (aggregating up to ₹2.57 Cr)

Pre-Issue Promoter Holding1,68,43,515 shares

Post-Issue Promoter Holding2,28,67,515 shares

P/BV RatioN/A

RoE21.54%

RoCE20.71%

Debt / Equity0.41

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Maashitla Securities Pvt.Ltd

+91-11-45121795-96

investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Check Allotment

Book Running Lead Managers

Hem Securities Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Namo eWaste Management Ltd. IPO subscribed? ▲

Namo eWaste Management Ltd. IPO is subscribed 1.00 times by Sep 06, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Namo eWaste Management Ltd. IPO retail subscription status? ▼

The Namo eWaste Management Ltd. IPO retail category is subscribed 1.00 times as of 06 Sep 2024. The retail portion is oversubscribed.

How to subscribe Namo eWaste Management Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 04 Sep 2024 and closes 06 Sep 2024. Min investment: ₹136,000 (1 lot = 1,600 shares). UPI mandate: 2024-09-06.

How many times Namo eWaste Management Ltd. IPO subscribed? ▼

The Namo eWaste Management Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Namo eWaste Management Ltd. IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Sep 2024. Refunds: on 10 Sep 2024.

When Namo eWaste Management Ltd. IPO will be listed? ▼

The Namo eWaste Management Ltd. IPO listing date is 11 Sep 2024, Wednesday. Listed on: NSE SME. Issue price: ₹85. Estimated listing: ₹85. GMP: NIL.

When Namo eWaste Management Ltd. IPO close? ▼

The Namo eWaste Management Ltd. IPO closes on 06 Sep 2024, Friday. UPI mandate: 2024-09-06. Allotment: 09 Sep 2024. Listing: 11 Sep 2024.

Quick Actions

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Live Price LIVE

Last Price₹85.00

Change—

Issue Price₹85.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹85

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹136,000

GMPNIL

Est. Listing₹85

Subscribed1.00x

Open Date04 Sep 2024

Close Date06 Sep 2024

Allotment09 Sep 2024

Listing Date11 Sep 2024

ExchangeNSE SME

UPI Deadline2024-09-06