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Namo eWaste Management Limited IPO

Namo eWaste Management Limited was a SME IPO in the Waste Management sector, offered at ₹80–₹85 per share to raise ₹51 crore. It listed on 11 Sep 2024 at ₹162 and closed its first day at ₹170, a listing gain of +99.5% versus the ₹85 issue price. It now trades around ₹340 (+300.1% versus the issue price).

Frequently asked questions

What were the Namo eWaste Management Limited IPO listing gains?
Namo eWaste Management Limited listed on 11 Sep 2024 at ₹162, closing its first day at ₹170 — a listing gain of +99.5% versus the ₹85 issue price.
What was the price band and lot size of the Namo eWaste Management Limited IPO?
The price band was ₹80–₹85 per share, with a minimum lot of 1,600 shares (₹1,36,000 at the upper band).
Who were the registrar and lead manager for the Namo eWaste Management Limited IPO?
Maashitla Securities Private Limited was the registrar, and HEM Securities was the book-running lead manager.