
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
Overall Subscription
225.72x
Total Demand
QIB Multiplier
151.75x
Institutions & Funds
NII / HNI
394.56x
High Net-Worth
Retail (RII)
195.54x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,144,000 | 173,603,200 | 151.75x |
| NIB | 859,200 | 339,003,200 | 394.56x |
| RETAIL | 2,003,200 | 391,699,200 | 195.54x |
| Total | 4,006,400 | 904,305,600 | 225.72x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,318 | 257,722 | 195.54x |
| HNIs (10L +) | 8 | 3,156 | 394.56x |
| HNIs (2-10L) | 40 | 15,782 | 394.56x |
| Total Applications | 1,366 | 276,660 | 202.53x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Namo eWaste Management Limited IPO is ₹82 per equity share. Based on the upper price band of ₹80 to ₹85 per equity share, the estimated listing price is ₹167 (+96.5% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹82, the expected profit per application lot is approx ₹1,31,200 (+96.5% gain). Minimum application cost is approx ₹1,36,000.
The Namo eWaste Management Limited IPO aggregate issue size is ₹51.2 Crores with an equity price band set at ₹80 to ₹85 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 225.72x (Retail: 195.54x, QIB: 151.75x, NII: 394.56x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-09-09. Investors can verify status using PAN card or application number.
Namo eWaste Management Limited shares are scheduled to list on NSE on 2024-09-11.