
Services · NSE
Namo eWaste Management Limited, founded in 2014, specializes in collecting, recycling, and disposing of electronic waste. The company is certified with top international standards like ISO 9001, ISO 14001, ISO 27001, and ISO 45001, ensuring quality, safety, environmental care, and data security. They offer services such as electronics recycling, refurbishment, and Extended Producer Responsibility (EPR) for products like air conditioners, refrigerators, laptops, phones, washing machines, and fans. The company operates from a factory in Faridabad, Haryana, and a larger storage and dismantling unit in Palwal, Haryana. As of March 31, 2024, the company has around 48 employees.
Price Band
₹80 – ₹85
Issue Size
₹51.20 Cr
Lot Size
1600 shares
GMP
+96.5%
Est. Listing
₹167
at current GMP
Subscribed
225.72x
overall
Open
4 Sep 2024
Close
6 Sep 2024
Allotment
9 Sep 2024
Refund
10 Sep 2024
Demat Credit
11 Sep 2024
Listing
11 Sep 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹85
Band: ₹80 – ₹85
Estimated Listing Price
₹167
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,36,000
Estimated Profit / Lot
₹1,31,200
1600 × ₹82
Grey Market Premium trend
+₹82
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹82 | 96.5% | ₹167 |
| 30 Oct 2026 | +₹82 | 96.5% | ₹167 |
| 29 Oct 2026 | +₹74 | 86.8% | ₹159 |
GMP is unofficial market data. Not a guarantee of listing performance.
Namo eWaste Management Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹51.2 Crores. The shares are offered at a price band of ₹80 to ₹85 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-06, the basis of allotment is scheduled to be finalized on 2024-09-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Namo eWaste Management Limited IPO is ₹82, which indicates an expected listing price of ₹167.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.