✓
Open
4 Sep 2024
✓
Close
6 Sep 2024
3
Allotment
—
✓
Listing
Wed, Sep 11, 2024
Price Band
₹80 to ₹85
Issue Size
60,24,000 shares (agg. up to ₹51 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Sep 11, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 165.14x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| VVIP Infratech Ltd. | SME | ₹61.21 Cr | ₹93 | 8.26 | ₹185.53 | +99.49% | ₹129.55 (-3.32%) |
| Effwa Infra & Research Ltd. | SME | ₹51.27 Cr | ₹82 | 10.59 | ₹163.55 | +99.45% | ₹365.00 (-1.55%) |
| GEM Enviro Management Ltd. | SME | ₹44.93 Cr | ₹75 | 15.76 | ₹149.62 | +99.49% | ₹37.50 (+1.21%) |
| Z-Tech (India) Ltd. | SME | ₹37.30 Cr | ₹110 | 13.27 | ₹105.00 | -4.55% | ₹551.15 (-4.42%) |
| Organic Recycling Systems Ltd. | SME | ₹50.00 Cr | ₹200 | 25.54 | ₹225.75 | +12.88% | ₹229.85 (-0.35%) |
| Hi-Green Carbon Ltd. | SME | ₹52.80 Cr | ₹75 | 13.13 | ₹80.85 | +7.80% | ₹145.40 (+7.82%) |
| EMS Ltd. | Mainboard | ₹321.25 Cr | ₹211 | null | ₹279.90 | +32.65% | ₹417.05 (-3.55%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Namo eWaste Management 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 portfolio includes: Electronics recycling Refurbishment Extended producer responsibility (EPR) services 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.+ Read More
Contact Details
Namo eWaste Management Ltd. AddressB-91, Private No.A-6, BasementMain Road, Kalkaji, South DelhiNew Delhi, New Delhi, 110019+91-129-4315187cs@namoewaste.comVisit Website