The Namo eWaste Management IPO, which opened on September 4 and closes on September 6, has seen a strong response. Priced between ₹80-85, the IPO has been oversubscribed 13.17 times on Day 1. Retail investors have shown remarkable interest, with their portion subscribed 17.55 times. The company specializes in recycling electronic waste and has experienced significant profit growth. The grey market premium (GMP) for the IPO is ₹50, indicating a likely listing price of ₹135, a 58.82% increase from the upper end of the price band. The IPO includes a fresh issuance of 6,024,000 shares, and the funds will support working capital and new factory setup.