Namo eWaste Management Limited

Company Profile
Company Name Namo eWaste Management Limited
Open Date 04-09-2024
Close Date 06-09-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹80 to ₹85 per share
Issue Size 6,024,000 shares
Application Amount ₹1,36,000
Recommendation Avoid
Namo eWaste Management Limited was originally formed and incorporated on Jan 13, 2014. The registered office is located at New Delhi, India. The Company is mainly engaged in 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. The company had 48 permanent employees as of March 31, 2024.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 4,477.72 5,844.60 10,093.18
EBITDA 262.26 390.57 1,133.62
Net Profit 180.89 241.56 682.91
RoCE 7.27% 11.05% 26.25%
ROE 7.02% 8.58% 19.37%
P/E 68.55 52.47 19.63

Tentative Timeline

Opening Date 04-09-2024
Closing Date 06-09-2024
Basis of Allotment 09-09-2024
Initiation of Refunds 10-09-2024
Credit of Shares to Demat 10-09-2024
Listing Date 11-09-2024

Objects of the Issue

Funding the Capital Expenditure requirements of subsidiary i.e. Techeco Waste Management LLP, towards setting up of a new factory unit at Nashik.
Funding of Working Capital Requirements
General Corporate Purposes

Contact Information

Registered Office Namo eWaste Management Limited B-91, Private No. A-6, Basement, Main Road, Kalkaji, South Delhi, New Delhi-110019
Phone +91-129-4315187
Email cs@namoewaste.com
Website http://www.namoewaste.com/

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96
Email ipo@maashitla.com
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

Anchor Investor Shares Offered 17,15,200 (28.47%)
Market Maker Shares Offered 3,02,400 (5.02%)
QIB Shares Offered 11,44,000 (18.99%)
NII (HNI) Shares Offered 8,59,200 (14.26%)
Retail Shares Offered 20,03,200 (33.25%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 93.67%
Share Holding Post Issue (Promoters) 68.99%

Contact Us to Enable Your Success!