- CEO
- Sanjeev Kumar Srivastava
- Full Time Employees
- 65
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Faridabad India
- IPO Date
- Sep 11, 2024
- Business
- Namo eWaste Management Ltd. is an India-based integrated waste management and circular economy company specializing in electronic waste (e-waste) recycling, refurbishment, and resource recovery. Founded in 2014 and headquartered in Faridabad, Haryana, India, the company provides end-to-end sustainable lifecycle management solutions for obsolete, damaged, and end-of-life electrical and electronic equipment. Its core product and service portfolio comprises comprehensive e-waste recycling and zero-waste discharge material extraction; IT Asset Disposition (ITAD) encompassing hardware auditing, testing, repair, refurbishment, and remarketing; certified on-site and off-site data destruction, media degaussing, and sanitization services; Extended Producer Responsibility (EPR) authorization, compliance fulfillment, and EPR credit issuance for electronic producers; specialized lithium-ion and industrial battery recycling; reverse logistics, secure transportation, and nationwide collection aggregation; and secondary raw material recovery, supplying extracted ferrous, non-ferrous, and precious metals including copper, aluminum, iron, lithium, cobalt, and nickel to industrial manufacturers.
The company caters to original equipment manufacturers (OEMs), large multinational corporations, information technology enterprises, financial institutions, government entities, and consumer electronics brands across India. Namo eWaste Management operates through multiple advanced processing facilities, including major recycling centers in Palwal and Faridabad, Haryana, and operates in Maharashtra through its subsidiary, Techeco Waste Management Ltd., which manages an authorized battery and electronic waste recycling facility in Nashik.
In recent developments, Namo eWaste Management completed its Initial Public Offering (IPO) in September 2024, listing its equity shares on the National Stock Exchange of India (NSE Emerge) to raise approximately INR 51.20 crore to fund capacity expansion and operational growth. Expanding its geographic footprint and service capabilities, the company has initiated development of a new large-scale e-waste recycling facility in Hyderabad, Telangana, to serve the southern Indian industrial corridor. Additionally, the company is advancing its critical metal recovery infrastructure through the setup of a hydrometallurgical processing plant in Faridabad, designed to extract high-purity battery-grade lithium, cobalt, manganese, and nickel to support the domestic energy storage and electric vehicle manufacturing supply chain.