Namo eWaste Management Limited IPO has a ₹50 Grey Market Premium as of September 3, 2024, with a price range from ₹80 to ₹85 per share. Offering lots of 1600 shares, the subscription window is open from September 4 to September 6, 2024.
Namo eWaste Management Limited IPO GMP Today
The Grey Market Premium (GMP) for Namo eWaste Management Limited is ₹50 as of September 3, 2024. This assessment coincides with a price of ₹80 to ₹85 per share for the IPO.
Namo eWaste Management Limited IPO Review
Namo eWaste Management Ltd has shown notable financial growth, with net worth increasing from ₹2,814.76 lakhs in March 2023 to ₹3,526.17 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹241.56 lakhs in March 2023 to ₹682.9 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 19.37% highlights enhanced shareholder value generation.
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Namo eWaste Management Limited IPO Date
Namo eWaste Management Limited will start accepting subscriptions from September 4 to September 6, 2024.
Namo eWaste Management Limited IPO Price
Namo eWaste Management Limited’s price range is from ₹80 to ₹85 per share with a face value of ₹10 each.
Namo eWaste Management Limited
Namo eWaste Management, ISO-certified, provides extensive electronic waste recycling, including metal extraction and material processing. They boost public awareness via campaigns and collection drives. Authorized recyclers, through contracts with manufacturers, offer SPCB and CPCB-certified recycling certificates to meet EPR requirements. Their services cover material recovery, secure data destruction, IT asset disposal, device refurbishment, and EPR compliance.
How To Apply For Namo eWaste Management Limited IPO?
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1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Namo eWaste Management Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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