• SENSEX 76,345.45
    -271.99 (--0.35%)
  • BANKNIFTY 51,348.05
    520.55 (+1.02%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Namo eWaste Management Ltd

Namo eWaste Management Ltd

    Registered Office : B-91 Private No A-6 Basement,Main Road Kalkaji South Delhi,New Delhi New Delhi 110019 Phone : +91-129-4315 187
    Fax :

    Email : cs@namoewaste.com

    Website : www.namoewaste.com

Initial public offer of 60,24,000 equity shares of face value of Rs. 10 each (the "Equity Shares") of Namo EWaste Management Limited ("The Company" or "The Issuer") at an issue price of Rs. 85 per equity share (including share premium of Rs. 75 per equity share) for cash, aggregating up to Rs. 51.20 crores ("Public Issue") out of which 3,02,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 85 per equity share for cash, aggregating Rs. 2.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,21,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 85 per equity share for cash, aggregating upto Rs. 48.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.34% and 25.02% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is 8.5 times with the face value of the equity shares.

Issue

Opens On

Closes On

04-Sep-2024

06-Sep-2024

Money Payable On

Application

Allotment

85.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

45.03

51.20

22.87

85.00

Hem Securities Ltd

Projects
  • Funding the capital expenditure requirements of the subsidiary i.e Techeco Waste Management LLP towards setting up of a new factory unit at
  • To Meet Working Capital Requirement
  • General Corporate Purposes
Promoted By
  • Akshay Jain
  • Rachana Jain
Listing At
  • NSE - SME
Registrar to the Issue
  • Maashitla Securities Pvt Ltd