Namo eWaste Management Limited (NSE SME)

Sep 4, 2024 - Sep 6, 2024

Price ₹80 - ₹85
Premium ₹82
Lot size 1600
Allotment Sep 9, 2024
Listing Sep 11, 2024
Category Lot(s) Qty Amount Reserved
Retail 1 1600 136000 1252
HNI 2 3200 272000 537

Last updated on 06-Sep-2024 17:07:04

CategoryOfferedAppliedTimes
QIB1144000173603200151.75
NIB859200339003200394.56
RETAIL2003200391699200195.54
Total4006400904305600225.72
Retail Apps244812© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹45.02		@8%
₹51.45		@9%
₹57.89		@10%
₹64.32		@11%
₹70.75		@12%
₹77.18
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.25%2003200
NII (HNI)14.26%859200
Anchor28.47%1715200
QIB18.99%1144000
Market Maker5.02%302400
Total 100.00%6024000

Namo eWaste Management IPO Details

Issue Size6,024,000 shares
(aggregating up to ₹51.20 Cr)
Fresh Issue6,024,000 shares
(aggregating up to ₹51.20 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue16,843,515
Share holding post issue22,867,515
Market Maker portion302,400 shares
Hem Finlease

Key Performance Indicators

KPIMar-24Mar-23Mar-22
ROE21.54%8.96%9.73%
ROCE20.71%11.31%8.17%
RONW19.37%8.58%7.02%
EPS
(Diluted)		4.331.621.24
P/E
Pre IPO		20.96
P/E
Post IPO		28.46

Company Financials

Namo eWaste Management Limited Financial Information (Restated Standalone)

PeriodMar 2024Mar 2023Mar 2022
Assets6,274.743,912.264,174.34
Revenue10,107.625,856.074,509
Profit682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves1,841.822,109.241,871.69
Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs

About Company

Founded in 2014, Namo eWaste Management Limited specializes in the collection, disposal, and recycling of electronic waste. The company is certified under ISO 9001:2015, ISO 14001:2015, ISO 27001:2022, and ISO 45001:2018, ensuring high standards in quality, environmental management, information security, and occupational health and safety. Namo eWaste Management offers a range of services, including electronics recycling, refurbishment, and Extended Producer Responsibility (EPR) services, catering to items such as air conditioners, refrigerators, laptops, phones, washing machines, and fans. The company operates from a leased factory in Faridabad, Haryana, covering 2,566 square meters, and a storage and dismantling unit in Palwal, Haryana, with an area of 16,010 square meters. As of March 31, 2024, Namo eWaste Management employs approximately 48 people.
Lead Manager(s)

Hem Securities Limited

Strength

Dedicated E-Waste Services: Provides specialized collection, management, and recycling of e-waste through an in-house factory unit.

Stringent Quality Control: Employs a rigorous quality control mechanism to ensure standardized product quality.

Diversified Revenue Streams: Generates revenue from multiple geographies, reducing reliance on a single market.

Weakness

Authorization Renewal Risk: Failure to renew e-waste recycling authorization on time could lead to fines, legal issues, or business shutdown.

Supplier Dependence: Relying on a few key suppliers with fixed pricing agreements exposes the company to potential market fluctuations and supply chain risks.

Geographic Revenue Concentration: Heavy reliance on specific regions for sales means adverse developments in these areas could negatively impact revenue and operational results.

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