Namo eWaste Management Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 03-09-2024 | 05-09-2024 | 10 per share | 0 | 1600 Shares | NSE SME | 6,024,000 shares (aggregating up to ₹51.20 Cr) | 2024-09-08 18:30:00 | 2024-09-08 18:30:00 | 2024-09-09 18:30:00 | 10-09-2024 |
About The Company
Namo eWaste Management IPO is a book built issue of Rs 51.20 crores. The issue is entirely a fresh issue of 60.24 lakh shares.
Namo eWaste Management IPO opens for subscription on September 4, 2024 and closes on September 6, 2024. The allotment for the Namo eWaste Management IPO is expected to be finalized on Monday, September 9, 2024. Namo eWaste Management IPO will list on NSE SME with tentative listing date fixed as Wednesday, September 11, 2024.
Namo eWaste Management IPO price band is set at ₹80 to ₹85 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹136,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹272,000.
Hem Securities Limited is the book running lead manager of the Namo eWaste Management IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Namo eWaste Management IPO is Hem Finlease.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 4174 | 181 | 2577 | 1871.69 | 0 | 598.1 |
| 30-03-2023 | 3912 | 5856 | 5856 | 2814.76 | 2109.24 | 344.73 |
| 30-03-2024 | 6275 | 10108 | 683 | 3526.17 | 3526.17 | 1453.24 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 136000 |
| Retail (Max) | 1 | 1600 | 136000 |
| HNI (Min) | 2 | 3200 | 272000 |
IPO Listing Details
| Listing Date | 10-09-2024 |
| BSE Script Code | n/a |
| NSE Symbol | n/a |
| ISIN | n/a |
| Final Issue Price | 0 |
Promoter holdings
Akshay Jain and Rachna Jain are the promoters of the company.
Contact Information of the Company
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/
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Manager
Hem Securities Limited (Past IPO Performance)