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Namo eWaste Management Limited IPO Reaches New Heights with 30.56x Subscription on Day 2!

News by Aliceblue News Desk

05 Sept 2024

Namo eWaste Management Limited IPO Reaches New Heights with 30.56x Subscription on Day 2!

Namo eWaste Management Limited IPO garnered significant interest, reaching a subscription rate of 30.56 times on its second 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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Namo eWaste Management Limited IPO Subscription Status

Namo eWaste Management Limited IPO made a strong impression on Day 1, with a 12.01 times subscription, reflecting solid investor confidence and a positive market reception.

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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