Namo eWaste Management Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹80 – ₹85
Listed On
11 Sep 2024
Listing Price
₹161.50 (+90.00%)
Current Price LIVE
₹161.50
(+90.00%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,36,000 |
| Retail (Max) | 2 | 3,200 | ₹2,72,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (Max) | 7 | 11,200 | ₹9,52,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,88,000 |
As per financials, Namo eWaste Management Limited has shown good results, RoNW is 19.37% and P/E is respectively 107.45, 80.47 and 28.46 as per FY22, FY23 and FY24 earnings. So, issue looks fully priced. Company is in business of E Waste collection, disposal and recycling, which is highly fragmented and competitive business segment. But as use of electronics items are increasing, so we may expect good growth of this sector. Performance of BRLM is good. So, we give rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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