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Namo eWaste Management IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to ESG - Waste sector. Hem Securities is the merchant banker of Namo eWaste Management IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th April 2024.
Namo eWaste Management IPO open date is 4th September 2024 and close date is 6th September 2024. IPO Allotment Date is 9th September 2024 and Listing date is 11th September 2024.
IPO
Size:
₹ 51.20 Cr.
Avg IPO Size (Sector Based)
: ₹
35.85 cr.
Sector: ESG - Waste
SME
IPO so far:
3
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
101.08
cr. 
PE
Ratio:
28.46x
Average Sector PE Ratio: 24.68x
Namo eWaste Management IPO size is ₹ 51.20 Cr. with IPO price of ₹ 85.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Namo eWaste Management IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Namo eWaste Management IPO.
Namo eWaste Management IPO anchor investors are the below investors. The number of anchor investors in this IPO is 10.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| FINAVENUE CAPITAL TRUST | 236,800.00 | ₹ 85.00 | ₹ 20,128,000.00 |
| HDFC BANK LIMITED | 236,800.00 | ₹ 85.00 | ₹ 20,128,000.00 |
| Nav Capital Vcc | 236,800.00 | ₹ 85.00 | ₹ 20,128,000.00 |
| Vijit Growth Fund | 176,000.00 | ₹ 85.00 | ₹ 14,960,000.00 |
| J4S Venture Fund | 118,400.00 | ₹ 85.00 | ₹ 10,064,000.00 |
| Meru Investment Fund | 118,400.00 | ₹ 85.00 | ₹ 10,064,000.00 |
| Next Orbit Ventures | 118,400.00 | ₹ 85.00 | ₹ 10,064,000.00 |
| Saint Capital Fund | 118,400.00 | ₹ 85.00 | ₹ 10,064,000.00 |
| Strategic Sixth Sense | 118,400.00 | ₹ 85.00 | ₹ 10,064,000.00 |
| Mint Focused Growth | 236,800.00 | ₹ 85.00 | ₹ 20,128,000.00 |
Namo eWaste Management IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Namo eWaste Management IPO, based in New Delhi, operates in the ESG - Waste sector with a focus on E-Waste collection, disposal and recycling and related services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Namo eWaste Management IPO size is ₹ 51.20 Cr. with fresh issue size of ₹ 51.20 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Namo eWaste Management IPO is expected to be 9th September 2024, after the finalization of basis of allotment. Investors can check Namo eWaste Management IPO allotment status on the registrars website, Maashitla Securities Private Limited. Namo eWaste Management IPO refund dates are 10th September 2024.
Namo eWaste Management IPO is expected to be listed on 11th September 2024.
The upper price band for the Namo eWaste Management IPO is set at ₹ 85.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Namo eWaste Management IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Namo eWaste Management IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th September 2024. After submission, funds are blocked until the basis of allotment of Namo eWaste Management IPO is finalised.
The merchant banker for Namo eWaste Management IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Namo eWaste Management IPO RHP for further details.
The registrar for Namo eWaste Management IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Namo eWaste Management IPO through their official website or helpline.
Namo eWaste Management IPO was subscribed 225.64 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 51.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.85 Cr.
Sector: ESG - Waste
SME
IPO so far:
3
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 1.01 cr.
PE
Ratio:
28.46x
Average Sector PE Ratio: 24.68x
Namo eWaste Management IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Namo eWaste Management Financial Review Page
Merchant Banker(s) of Namo eWaste Management IPO: Hem Securities Limited
Namo eWaste Management IPO subscription was 225.64 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Namo eWaste Management IPO listed at a listing price of 169.55 against the offer price of 85.00.
The current market price of Namo eWaste Management is 156.15.
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