Namo Ewaste Management IPO

Namo eWaste Management Limited is a key player in the recycling industry, specialising in the collection, disposal, and recycling of electronic waste. The company handles a wide range of electronic items, including air conditioners, refrigerators, laptops, phones, and more.

Committed to environmental sustainability, Namo eWaste is ISO 9001:2015, ISO 14001:2015, ISO 27001:2022, and ISO 45001:2018 certified, ensuring that all operations comply with strict environmental regulations. Namo eWaste recycles valuable components like copper, aluminium, and iron from electronic waste, while safely disposing of hazardous materials. The company also focuses on raising public awareness about the importance of responsible e-waste disposal through campaigns and collection drives.

The company provides a variety of services, including electronic recycling, data destruction, IT asset disposition, and refurbishment. Namo eWaste collaborates with manufacturers and producers under Extended Producer Responsibility (EPR) guidelines to manage the entire lifecycle of electronic products, from collection to environmentally responsible disposal.

Namo eWaste operates a factory in Faridabad, Haryana, and recently expanded its operations by acquiring Techeco Waste Management LLP in Nashik, Maharashtra. The company is led by Akshay Jain, a promoter with over 9 years of experience in the e-waste management industry. Namo eWaste’s expertise and commitment to sustainability have positioned it as a leader in the e-waste management sector.

Namo Ewaste Management IPO Strengths

• The company offers comprehensive e-waste recycling services, including collection, transportation, and IT asset disposition.
• The company sources e-waste primarily from IT firms, banks, and MNCs, managing obligations under the E-Waste (Management) Rules, 2022.
• Namo eWaste Management processes e-waste at its factory in Faridabad, Haryana, extracting valuable metals like copper, aluminium, and iron.
• The company employs a stringent quality control mechanism, ensuring that its products meet exact customer requirements and industry standards.
• Namo eWaste Management Limited has diversified its revenue across multiple states in India, helping mitigate risks from market fluctuations.
• The company plans to expand its operations by setting up a new lithium battery recycling plant in Nashik through its subsidiary, Techeco Waste Management LLP.

Namo Ewaste Management IPO Risks

• Namo eWaste Management risks operational disruptions if it fails to renew its “Authorised E-waste recyclers” certification on time.
• The company faces financial risks due to fixed pricing agreements with key e-waste suppliers, potentially leading to higher procurement costs.
• The company’s heavy reliance on operations in Haryana increases vulnerability to regional disruptions.
• Delays or cost overruns in setting up Namo eWaste Management Limited’s new factory unit may adversely impact financial performance.
• Non-compliance with statutory provisions by Namo eWaste Management Limited could attract penalties.
• The company’s unregistered trademarks may expose the company to intellectual property risks and additional costs.