| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹51.20 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹51.20 Cr |
| Fresh Issue | ₹48.63 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน80.00-85.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | NAMOEWASTE |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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:
The 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements of our subsidiary i.e. Techeco Waste Management LLP, towards setting up of a new factory unit at Nashik. | 11.20 |
| 2 | To Meet Working Capital Requirement | 22.00 |
| 3 | General Corporate Purpose | 11.83 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 62.75 | 39.12 | 41.74 |
| Total Income | 101.08 | 58.56 | 45.09 |
| Profit After Tax | 6.83 | 2.42 | 1.81 |
| NET Worth | 35.26 | 28.15 | 25.77 |
| Reserves and Surplus | 18.42 | 21.09 | 18.72 |
| Total Borrowing | 14.53 | 3.45 | 5.98 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.54% |
| ROCE | 20.71% |
| Debt / Equity | 0.41% |
| RoNW | 19.37% |
| PAT Margin | 6.77% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.05 | 2.99 |
| P/E (x) | 20.96 | 28.46 |
| Promoter Holding | 93.67% | 68.99% |
| Market Cap | โน194.37 Cr. | |