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Namo eWaste Management Limited
Issue Size (Net)
up to Rs.51.20 Cr
Price Band
Rs.80 to Rs.85 per share
Issue Opens
September 4, 2024
Issue Closes
September 6, 2024

Company Highlights

1.Company Information

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.

2. Objects of the Issue

A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit
We are an E-waste Recycling Company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste which includes various services like e-waste collection, transportation, data destruction, IT Asset Disposition services, EPR services etc. catering to various MNCs, Indian Conglomerates and others to manage their obligation under the E-Waste (Management) Rules, 2022, to safely recover valuable commodities within e-waste for recycling and reuse. We carry out all our recycling operations through our factory located at Faridabad in Haryana for processing of extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron etc. Apart from this we have one Storage & Dismantling Unit, which is used for dismantling of e-waste. Our infrastructure in the factory gives us the flexibility to process various types of E-waste and scrap, and manufacture alloys in line with the required composition and also enables us to process and utilize various types of scrap. The in-house recycling operations enable us to stream line inventory management and production process resulting into maintenance of quality production standards, minimizing production time and bringing cost effectiveness. We believe, our technological expertise and the availability of adequate equipments provides us a cost competitive advantage which in turn provides us an advantage in securing purchase orders from customers across the industries.
Stringent quality control mechanism ensuring standardized product quality
We employ an extensive and stringent quality control mechanism at each stage of the recycling as well as our recycling process of extracting e-waste from electronic components like laptops, mobile phones etc. which includes functional testing, repair, data destruction, dismantling, segregation of electronic components etc. to ensure that our finished product conforms with the exact requirement of our customers and successfully passes all validations and quality checks. Further, as a certification of the quality assurance, our Company has received ISO 9001:2015 for Quality Management System, ISO 14001:2015 for Environmental Management System, ISO 27001:2022 for information Security Management System & ISO 45001:2018 for occupational health and safety management systems. We believe that our focus on quality of products has enabled us to sustain and grow our business model to benefit our customers.
Diversified revenue from multiple geographies
Our Company has diversified revenue from multiple geographical locations from various states in India. For the period from April 01, 2023 to December 31, 2023 and F.Y ending 2022-23, 2021-22 & 2020-21 we have generated around 92.61%, 99.64%, 95.53% & 95.14% of our total revenue from sales in top 05 geographical regions in India. In this period, we had sold our products to around 20 states & Union Territories in India. Our presence in multiple geographies not only helps us in expanding our customer base but also helps us by keeping ourselves in tune with the latest technological advancements and help us to mitigate risk for any unforeseen circumstances in the domestic market and expand our business operations.

3. Namo eWaste Management IPO Registrar
Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website:https://maashitla.com/allotment-status/public-issues

Namo eWaste Management Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
6274.74
10107.62
682.9
3526.17
1841.82
1453.24
31-Mar-23
3912.26
5856.07
241.56
2814.76
2109.24
344.73
31-Mar-22
4174.34
4509
180.89
2577.21
1871.69
598.1
Amount in ₹ Crore

Namo eWaste Management Limited IPO (Namo eWaste Management IPO) IPO Details

Issue Opening Date
September 4, 2024
Issue Closing Date
September 6, 2024
Face Value
Rs.10 per share
Price
Rs.80 to Rs.85 per share
Lot Size
1600 Shares
Issue Size
6,024,000 shares (aggregating up to Rs.51.20 Cr)
Fresh Issue
6,024,000 shares (aggregating up to Rs.51.20 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Namo eWaste Management Limited IPO (Namo eWaste Management IPO) IPO Timeline

Event
Tentative Date
Opening Date
Wednesday, September 4, 2024
Closing Date
Friday, September 6, 2024
Basis of Allotment
Monday, September 9, 2024
Initiation of Refunds
Tuesday, September 10, 2024
Credit of Shares to Demat
Tuesday, September 10, 2024
Listing Date
Wednesday, September 11, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 6, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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