Namo eWaste Management SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Namo eWaste Management IPO. Explore Namo eWaste Management IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Namo eWaste Management Limited is a specialized e-waste collection, disposal, and recycling company dedicated to environmentally responsible recycling of electrical and electronic equipment (EEE) waste, such as air conditioners, refrigerators, laptops, phones, washing machines, and more. Namo eWaste Management aims to extract valuable materials, including precious and semi-precious metals like copper, aluminum, and iron, from e-waste while promoting sustainable practices through public awareness campaigns and collection drives. Namo eWaste Management Limited engages in procurement service contracts with manufacturers and producers, as well as collaborates with waste aggregators across India for e-waste collection. The company offers services including electronic recycling, data destruction, IT asset disposition, and refurbishment.
Key Points:
- E-Waste Services: Specializes in the collection, disposal, and recycling of a wide range of electronic and electrical equipment, including air conditioners, laptops, phones, and more.
- Valuable Material Recovery: Focuses on safely extracting and recycling valuable materials such as copper, aluminum, and iron from e-waste, while managing hazardous components responsibly.
- Public Awareness Initiatives: Conducts awareness campaigns, collection drives, and educational events to promote safe e-waste disposal and increase public consciousness.
- Extended Producer Responsibility (EPR) Services: Assists manufacturers and producers in meeting EPR requirements by offering compliance auditing, reporting, and safe disposal solutions.
- Electronic Recycling and Refurbishment: Provides recycling of obsolete electronic products and refurbishes functional devices, including IT products from brands like Apple, HP, and Dell.
- Data Destruction Services: Offers secure data destruction through methods like data degaussing, hard disk shredding, and software data destruction to protect confidential information.
- Strategic Expansion: Acquired Techeco Waste Management LLP in April 2023 to enhance operational capacity and expand business reach.
- Infrastructure and Facilities: Operates facilities in Faridabad, Haryana, and Nashik, Maharashtra, equipped with the necessary machinery and infrastructure for efficient recycling and processing.
Objects of the Issue
- Funding the Capital Expenditure requirements of the subsidiary i.e. Techeco Waste Management LLP, towards setting up of a new factory unit at Nashik.
- To Meet Working Capital Requirement
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 04 Sep - 06 Sep 2024 |
| IPO Price Band | ₹80 - ₹85 per share |
| Fresh Issue | 60,24,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹51.20 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 04 Sep 2024 |
| IPO Closing Date | 06 Sep 2024 |
| Basis Of Allotment | 09 Sep 2024 |
| Refunds | 10 Sep 2024 |
| Demat Transfer | 10 Sep 2024 |
| IPO Listing Date | 11 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 30.61 | 45.09 | 58.56 | 101.08 |
| Total Expenses | 28.21 | 42.67 | 55.33 | 91.94 |
| Net Profit/Loss | 1.93 | 1.81 | 2.42 | 6.83 |
| NPM (*) | 6.29 | 4.04 | 4.13 | 6.77 |
| Total Assets | 26.69 | 41.74 | 39.12 | 62.75 |
| Total Liabilities | 15.29 | 15.97 | 10.98 | 27.49 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 1.34 | 1.24 | 1.62 | 4.33 |
| ROE (%) | 18.43 | 9.73 | 8.96 | 21.54 |
| ROCE (%) | 11.89 | 8.17 | 11.31 | 20.71 |
| D/E Ratio | 1.18 | 0.23 | 0.12 | 0.41 |
| Current Ratio | 0.86 | 1.90 | 1.97 | 1.66 |
| EBITDA MARGIN (%) | 10.47 | 5.79 | 6.61 | 11.07 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Namo E-Waste Management Limited | 100.93 | 19.63 | 4.33 | 19.37 | 22.38 |
| Eco recycling Limited | 28.01 | 95.79 | 9.44 | 27.68 | 34.11 |
| Cerebra Integrated Technologies Ltd | 51.98 | Negative | -4.32 | -23.02 | 18.75 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 151.75 |
| Non-Institutional Investor (NII/HNI) | 394.2 |
| Retail Individual Investor (RII) | 195.54 |
| Total | 225.64 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- Akshay Jain
- Rachna Jain
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Namo eWaste Management Limited
B-91, Private No. A-6, Basement, Main Road, Kalkaji, South Delhi, New Delhi-110019, Delhi, India.
Phone: +91-129-4315187
Email: cs@namoewaste.com
Website: www.namoewaste.com
FAQs
- What is the issue size of the Namo eWaste Management SME IPO?The Namo eWaste Management SME IPO has an issue size of ₹51.20 crore. This includes a fresh issue of 60,24,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Namo eWaste Management IPO?The price band for the Namo eWaste Management IPO is ₹80 - ₹85 per share.
- What are the bidding dates for the Namo eWaste Management IPO?The Namo eWaste Management IPO will open for bidding on 04 Sep 2024 and close on 06 Sep 2024.
- What is the allotment date for the Namo eWaste Management IPO?The allotment date for the Namo eWaste Management IPO is 09 Sep 2024.
- What is the listing date for the Namo eWaste Management IPO?The listing date for the Namo eWaste Management IPO is 11 Sep 2024.
- What is the Namo eWaste Management IPO grey market premium?The grey market premium (GMP) for the Namo eWaste Management IPO is currently at ₹82, with an expected listing gain of approximately 96.47%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.