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Namo eWaste IPO Draws Strong Demand, Subscribed 12.01 Times on Launch Day

Namo eWaste Management IPO sees strong Day 1 demand with a 12.01x subscription, reflecting high investor confidence in its waste management sector prospects and robust business model.
Namo eWaste IPO Draws Strong Demand, Subscribed 12.01 Times on Launch Day

Namo eWaste Management IPO garnered significant interest, reaching a subscription rate of 12.01 times on its opening day. This robust demand highlights the strong investor confidence and enthusiasm for the company’s business model and prospects in the waste management sector.

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How to check Namo eWaste Management IPO Subscription Status?

Steps to check Namo eWaste Management Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Namo eWaste Management Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Namo eWaste Management Limited IPO Allotment Status

The allotment date for the Namo eWaste Management Limited IPO is set for September 9, with shares priced from ₹80 to ₹85 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Namo eWaste Management Limited IPO Listing Date 

Namo eWaste Management Limited IPO is expected to be listed on the NSE SME on September 11, 2024.

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