Namo eWaste Management Limited IPO Allotment Status

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Namo eWaste Management's initial public offering (IPO) will begin on September 4, 2024, and end on September 6, 2024. The Namo eWaste Management IPO allocation is scheduled to be finalised on Monday, September 9, 2024. Namo eWaste Management IPO will be listed on NSE SME, with a tentative listing date of Wednesday, September 11, 2024.

How to Check IPO Allotment Status?

To check the Namo eWaste Management IPO allotment status follow the below given steps.

  • Visit the NSE Website: Go to the National Stock Exchange (NSE) official website at nseindia.com.
  • Navigate to the IPO Section: Navigate to the Markets Data tab and look for the IPO section.
  • Click on 'IPO Allotment': In the IPO section, find the option for "IPO Allotment Status." Click on it.
  • Select the IPO: You will see a list of recent IPOs. Choose the IPO for which you want to check the allotment status.
  • Enter Details: Enter the details such as your application number, PAN number, and stock symbol.
  • Submit: After entering the required information, click on the submit button to view your allotment status.

If you have any trouble, you can also check with your broker, as they often provide allotment details through their platforms.

 

To check the Namo eWaste Management Limited  IPO allotment status on the Link Intime India website, follow these steps.

Step 1: Visit the Link Intime India, the IPO registrar's website.

Step 2: From the Select Company dropdown menu, choose 'Namo eWaste Management'.

Step 3: Select your preferred identification option from PAN, Application Number, DP/Client ID, or  Account Number/IFSC.

Step 4: Enter the corresponding details based on your selection.

Step 5: Click on the 'Submit' button.

Your Namo eWaste Management Limited allotment status will then be displayed on the screen.

Namo eWaste Management Limited IPO Details

Parameter

Value

IPO Date

September 4, 2024 to September 6, 2024

Listing Date

September 11, 2024 

Face Value

₹10 per share

Price

₹80 to ₹85 per share

Lot Size

1600 Shares

Total Issue Size

6,024,000 shares (worth ₹51.20 Cr)

Fresh Issue

6,024,000 shares (worth ₹51.20 Cr)

Issue Type

Book Built Issue IPO

Listing At

NSE SME

Share holding (pre-issue)

16,843,515

Share holding (post issue)

22,867,515

Namo eWaste Management IPO Timeline (Tentative Schedule)

Namo eWaste Management Limited IPO opens on September 4, 2024, and closes on September 6, 2024.

IPO Open Date

Wednesday, September 4, 2024

IPO Close 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

About Namo eWaste Management Limited

Namo e-Waste Management Ltd is a Pvt. Ltd. Company, incorporated in 2014, that deals in the collection, disposal, and recycling of electronic waste. It has a comprehensive service involved in recycling electrical and electronic equipment from practically every field, right from air conditioners and refrigerators to laptops, phones, washing machines, and fans. Their service offerings include electronics recycling, refurbishment, and extended producer responsibility (EPR) services. It operates a factory in Faridabad, Haryana, India, with a total area of 2,566 square metres. It also maintains a storage and dismantling facility at Palwal, Haryana, India, having a plot area of 16,010 square metres. At Namo eWaste Management Limited, there are approximately 48 staff members as of March 31, 2024.

Financial Performance of Namo eWaste Management IPO

Period Ended

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

6,274.74

3,912.26

4,174.34

Revenue

10,107.62

5,856.07

4,509

Profit After Tax

682.9

241.56

180.89

Net Worth

3,526.17

2,814.76

2,577.21

Reserves and Surplus

1,841.82

2,109.24

1,871.69

Total Borrowing

1,453.24

344.73

598.1

Amount in ₹ Lakhs