September 4, 2024 - September 6, 2024

Namo eWaste Management IPO Subscription Details

Namo eWaste Management IPO Subscription Status Live

Namo eWaste Management IPO subscribed 225.64 times. The public issue subscribed 195.54 times in the retail category, 151.75 times in QIB, and 394.20 times in the NII category by September 6, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	151.75	1,144,000	17,36,03,200	1,475.63
Non-Institutional Buyers*	394.20	859,200	33,87,00,800	2,878.96
Retail Investors	195.54	2,003,200	39,16,99,200	3,329.44
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	225.64	4,006,400	90,40,03,200	7,684.03

Total Application : 244,812 (195.54 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 302,400 equity shares not included.

Namo eWaste Management IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 4, 2024	9.00	8.51	17.55	13.17
Day 2 September 5, 2024	9.01	25.69	50.37	33.26
Day 3 September 6, 2024	151.75	394.20	195.54	225.64

Namo eWaste Management IPO Shares Offered

Namo eWaste Management IPO is a public issue of 6,024,000 equity shares. The issue offers 2,003,200 shares to retail investors, 1,144,000 shares to qualified institutional buyers, and 859,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,715,200	14.58	28.47%
Market Maker	302,400	2.57	5.02%
QIB	1,144,000	9.72	18.99%
NII*	859,200	7.30	14.26%
Retail	2,003,200	17.03	33.25%
Total	6,024,000	51.20	100%

Namo eWaste Management IPO Anchor Investor Allocation

A total of 17,15,200 shares at a price of Rs 0 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Finavenue Capital Trust	2,36,800	85	13.81	2,01,28,000
2	HDFC Bank Limited	2,36,800	85	13.81	2,01,28,000
3	Nav Capital VCC	2,36,800	85	13.81	2,01,28,000
4	VIJIT GROWTH FUND	1,76,000	85	10.26	1,49,60,000
5	J4S Venture Fund	1,18,400	85	6.9	1,00,64,000
6	Meru Investment Fund PCC	1,18,400	85	6.9	1,00,64,000
7	Next Orbit Ventures Fund	1,18,400	85	6.9	1,00,64,000
8	Saint Capital Fund	1,18,400	85	6.9	1,00,64,000
9	Strategic Sixth Sense Capital Fund	1,18,400	85	6.9	1,00,64,000
10	Mint Focused Growth Fund PCC	2,36,800	85	13.81	2,01,28,000
		17,15,200		100	14,57,92,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Namo eWaste Management IPO Subscription FAQs

The Namo eWaste Management IPO is subscribed 225.64 by September 6, 2024.