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