Namo eWaste Management Ltd
Registered Office:
B-91 Private No A-6 Basement,Main Road Kalkaji South Delhi,
New Delhi
-
110019,
New Delhi, India.
Initial public offer of 60,24,000 equity shares of face value of (Rs) 10 each (the "Equity Shares") of Namo EWaste Management Limited ("The Company" or "The Issuer") at an issue price of (Rs) 85 per equity share (including share premium of (Rs) 75 per equity share) for cash, aggregating up to (Rs) 51.20 crores ("Public Issue") out of which 3,02,400 equity shares of face value of (Rs) 10 each, at an issue price of (Rs) 85 per equity share for cash, aggregating (Rs) 2.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,21,600 equity shares of face value of (Rs) 10 each, at an issue price of (Rs) 85 per equity share for cash, aggregating upto (Rs) 48.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.34% and 25.02% respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is (Rs) 10/- each. The issue price is 8.5 times with the face value of the equity shares.
Opens On
Closes On
Application
Allotment
04-Sep-24
06-Sep-24
85.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
51.20
Post Issue Equity Share Capital
22.87
Funding the capital expenditure requirements of the subsidiary i.e Techeco Waste Management LLP towards setting up of a new factory unit at
To Meet Working Capital Requirement
General Corporate Purposes