Namo eWaste Management IPO subscription status started on September 04, 2024, and close on September 06, 2024. The company aims to raise approximately ₹51.20 crore via this IPO. The retail quota is 35%, NII 15% and QIB is 50%. The price band is fixed at ₹80 to ₹85 per equity share.
The IPO consists of a minimum market lot of 1600 Shares requiring an application amount of ₹1,36,000. Namo eWaste Management is an SME IPO, and it will be listed on the NSE.
Table of contents
IPO Overview
Namo eWaste Management Limited was founded in 2014 and offers services for the collection, disposal, and recycling of e-waste. Namo eWaste Management is a leading company specializing in the recycling of electrical and electronic (EEE) waste, committed to responsible e-waste management in India. The company offers comprehensive, complete, and environmentally responsible recycling services.
Additionally, Namo eWaste Management efficiently handles large volumes of high-quality EEE waste. Specifically, they refurbish electronic products that are still functional but outdated, involving testing, repairing, and cleaning to restore them to usable condition. For instance, they provide refurbishment services for IT products from brands like Apple, HP, Lenovo, and Dell.
Furthermore, the company operates a factory in Faridabad, Haryana, where they process and extract components from electrical items, including valuable and semi-valuable metals such as copper, aluminum, and iron.
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.
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We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Namo eWaste Management IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 9.00 | 9.01 | 151.75 |
| NII | 8.51 | 25.69 | 394.20 |
| RII | 17.55 | 50.37 | 195.54 |
| Total | 13.17 | 33.26 | 225.64 |
Namo eWaste Management IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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Namo eWaste Management IPO Form
To apply for the Namo eWaste Management, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on September 04, 2024, for NII,QIB, and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
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