Namo ewaste

What Namo ewaste does

Namo eWaste Management Ltd. is an India-based electronic waste recycling company founded in 2014 and listed on the National Stock Exchange of India following a 2023 IPO. The company operates four certified processing facilities with stated annual capacity exceeding 100,000 metric tons of electronics, offering five core service lines: IT Asset Disposition (ITAD), Electrical & Electronic Equipment Recycling, Data Destruction, Reverse Logistics, and Extended Producer Responsibility (EPR) compliance services for electronics manufacturers and importers. Technology centers on integrated shredding and material separation systems capable of extracting ferrous metals, non-ferrous metals, plastics, glass, and hazardous components including mercury, lead, cadmium, and PCBs. Namo holds ISO and R2 (Responsible Recycling) certifications, and operates a CPCB-authorized lithium-ion battery recycling facility in Nashik through wholly-owned subsidiary Techeco Waste Management Ltd., with capacity to process over 12,240 metric tons of batteries annually and produce LCO and NMC black mass.

Revenue is generated through professional services fees for EPR compliance and ITAD engagements, transaction-based processing fees for material recovery, and commodity sales of recovered metals and plastics. The company also derives revenue from black mass production and refurbished lithium-ion cells via its battery subsidiary. Customers span enterprise electronics manufacturers (Xiaomi, LG, Dell for EPR partnerships), corporate IT departments requiring secure ITAD and data destruction, bulk institutional waste generators, and individual consumers served through free doorstep pickup across India. Distribution operates through direct enterprise sales, doorstep collection, collection centers, and channel partnerships integrated into brand take-back programs. The operating geography is exclusively India (South Asia), with no disclosed international footprint.

The business model is operationally intensive and capital-driven, with competitive differentiation resting on regulatory certifications, processing scale, pan-India logistics, and EPR compliance expertise rather than proprietary software or AI capabilities. The company's strategic posture has shifted from pure e-waste recycling toward vertical integration into the lithium-ion battery value chain, positioning it to capture mandates under India's evolving Battery Waste Management Rules 2022.

Name

Namo ewaste

Legal name

Namo eWaste Management Ltd.

Website

https://namoewaste.com

Company type

Public

Founded year

2014

Operating status

Ipo

Headcount range

51–100 employees

Short description

Namo eWaste Management Ltd. is an India-based, NSE-listed electronic waste recycling company operating four certified facilities with 100,000+ MT annual capacity, serving enterprise EPR compliance clients (Xiaomi, LG, Dell), ITAD customers, and consumers via doorstep pickup across India.

Ownership category

akta.pro rank

Product category

E-Waste Recycling & IT Asset Disposition

NAICS

Materials Recovery Facilities (562920), Waste Treatment and Disposal (5622)

SIC

Refuse Systems (4953), Sanitary Services (4950)

akta.pro primary industry

Electronics Recycling & Material Recovery (Dismantling/Separation) (BPALAIAE)

akta.pro secondary industries

Battery Recycling & Management (Lithium-ion, Lead-acid) (BPALAIAF), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL), E-Waste (WEEE) Collection, Refurbishment & Recycling (IMAIAFAH)

Keywords

• E-waste recycling
• IT asset disposition
• EPR compliance services
• Lithium-ion battery recycling
• Data destruction services

Headquarters

HQ city

Faridabad

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. EPR Compliance Services: Extended Producer Responsibility services for manufacturers, producers, and importers. Namo eWaste helps brands meet their EPR requirements through collection, logistics management, and responsible disposal. Revenue generated through service fees for compliance support.
2. E-waste Recycling and Processing: Core recycling services for electrical and electronic equipment. Processing fees charged for shredding and material recovery. The company recovers and sells ferrous metals, non-ferrous metals, plastics, and glass extracted from e-waste.
3. ITAD (IT Asset Disposition): Secure recycling and disposition services for IT assets including data destruction. Services provided to businesses for both data-bearing and non-data-bearing assets with asset recovery value maximization.
4. Consumer E-waste Collection: Free pickup and disposal service for consumers with competitive payment rates for gadgets based on model and condition. Revenue model based on material recovery value.
5. Battery Recycling and Black Mass Production: Lithium-ion battery recycling through subsidiary Techeco Waste Management Ltd. Produces high-quality LCO and NMC black mass for battery manufacturing. Also includes refurbishing used cells for second-life applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Namo eWaste Management Ltd. provides comprehensive electronic waste recycling services including secure IT Asset Disposition (ITAD), Electrical & Electronic Equipment (EEE) recycling, certified data destruction, reverse logistics, and Extended Producer Responsibility (EPR) compliance support for manufacturers and brands. The company operates four certified facilities across India with annual processing capacity exceeding 1 lakh (100,000+) metric tons of electronics, and a CPCB-authorized lithium-ion battery recycling facility in Nashik (via subsidiary Techeco Waste Management Ltd.) capable of processing over 12,240 MT per year.

Product overview

Namo eWaste Management Ltd. operates as an e-waste recycling company offering a comprehensive suite of services centered around electrical and electronic waste management. The portfolio consists of six core offerings: IT and Electronics Assets Disposition (ITAD) providing secure cloud-based IT asset recycling; Electrical & Electronic Recycling (EEE Recycling) with processing capacity of 1 lakh+ metric tons annually across four certified facilities; Data Destruction offering 2X data destruction services including degaussing and hard disk shredding; Reverse Logistics for EPR compliance; EPR Services for Extended Producer Responsibility fulfillment; and Li-ion Battery Management through subsidiary Techeco Waste Management Ltd. with 12,240 MT annual capacity. The company serves both commercial and residential customers, providing pickup and disposal services across India.

Differentiator

Problem solved

Functional benefit

Products and services

• IT and Electronics Assets Disposition (ITAD) Secure and responsible recycling service for end-of-life electronic goods, offering cloud-based solutions with 100% data destruction and maximum asset recovery value while ensuring environmental compliance. Targeted at enterprises and IT companies needing secure IT asset disposal.
• Electrical & Electronic Recycling (EEE Recycling) Collection, sorting, and recycling of electronic products to reuse salvageable materials including ferrous metals, non-ferrous metals, plastics, and glass. Operates four certified facilities in India with annual processing capacity of 1 lakh+ metric tons. Serves both commercial and residential customers.
• Data Destruction 2X data destruction services performed at customer doorstep including Data Degaussing, Hard Disk Shredding, and Software Data Destruction. Provides sustainable IT solutions for businesses with data-bearing assets requiring secure end-of-life data removal.
• Reverse Logistics Customized reverse logistics service assisting producers in complying with EPR guidelines, providing proper e-waste disposal solutions including handling, transporting, and disposing of end products. Targeted at manufacturers, producers, and importers of electronic equipment.
• EPR Services Extended Producer Responsibility services enabling manufacturers, producers, and importers to meet their EPR requirements including complete logistics management from collection and transportation through responsible disposal. Partners with brands like Xiaomi, LG, and Dell for take-back and compliance programs.
• Li-ion Battery Management Lithium-ion battery recycling and management service operated through subsidiary Techeco Waste Management Ltd., featuring a CPCB-authorized facility in Nashik with fully automated recycling technologies. Services include collection, safe recycling, refurbishing for second-life applications, black mass processing (LCO and NMC), and EPR compliance under Battery Waste Management Rules 2022. Annual processing capacity of over 12,240 MT.

Quantifiable outcome

• 3,517,833 kg of e-waste recycled in 2022
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Techeco Waste Management LLPcoreStrategic or Co-development PartnerSubsidiary company operating CPCB-authorized lithium-ion battery recycling facility in Nashik with capacity to process over 12,240 MT annually. Provides battery recycling services including collection, safe recycling, refurbishing for second-life applications, and EPR compliance under Battery Waste Management Rules 2022.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Cropenso Agri Tech (e-waste division): An emerging Indian e-waste management player offering collection and recycling services with focus on enterprise and institutional customers — partial overlap with Namo's bulk consumer and EPR services.
• GreenTek Reman: GreenTek Reman focuses on electronics refurbishment and IT asset disposition in India, partially overlapping with Namo's ITAD and data destruction services for enterprise customers.
• Exigo Recycling: Exigo offers e-waste collection, dismantling, and material recovery services in India, targeting enterprises and bulk consumers with services overlapping Namo's EEE recycling offering.

Direct peers

• Attero Recycling: Attero is India's largest lithium-ion and e-waste recycler with patented hydrometallurgical processes for black mass recovery. Most directly comparable peer given overlap in both electronics recycling and lithium-ion battery processing.
• Ecoreco Recycler: Ecoreco is one of India's earliest formal e-waste recyclers offering collection, ITAD, and material recovery services to enterprises and OEMs — directly comparable to Namo on services, customer base, and EPR compliance offerings.
• Zigma Global Environ Solutions: Zigma provides e-waste management, EPR compliance, and IT asset disposition across India, directly overlapping with Namo's core enterprise offerings and customer segments.
• Lohum Cleantech: Lohum is a major Indian lithium-ion battery recycling and repurposing player, directly comparable to Namo's Techeco subsidiary in battery collection, black mass production, and second-life applications.
• Karban Enviro Systems: Karban Enviro operates e-waste collection, EPR, and ITAD services across India, serving enterprises and OEMs — a close functional peer competing in the same EPR and ITAD segments.

Regional players

• Tes-Amm India: Tes-Amm provides India-focused e-waste collection and recycling services with growing EPR support, serving enterprise and consumer customers as a regional peer in the same Indian market.
• Veena Industries: Veena Industries operates e-waste recycling and ITAD services in western India with similar EPR and enterprise offerings — a regional Indian peer with comparable service mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/namoewm
• Facebookfacebook.com/namoewasterecycling
• LinkedInlinkedin.com/company/namo-ewaste-management-ltd-
• Instagraminstagram.com/namoewastemanagement

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Namo ewaste