Namo Ewaste Management Limited

Namo eWaste Management is open for subscription from Wednesday, September 4, 2024, and closes on Friday, September 6, 2024. The price band for this IPO is set at Rs 80 – Rs 85 per share. Namo eWaste Management’s IPO is offering entirely a fresh issue of 60.24 lakh equity shares worth up to Rs 51.20 crore. The allotment for this new IPO is expected to be finalised on Monday, September 9, 2024. The listing of this IPO will be done on Wednesday, September 11, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1600 shares. For retail investors, the minimum and maximum investment amount required is Rs 136,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 3200 shares amounting to Rs 272,000. The IPO is managed by Hem Securities Limited, which is the book-running lead manager of this public issue. The company has appointed Maashitla Securities Private Limited as the registrar for the issue.