IPO

Nupur Recyclers Limited IPO

NSE SME

Listed On: Dec 23, 2021 at ₹ 74.0

₹ 120000 /2000 Shares

Check Allotment

IPO Details

13 Dec, 2021

Open Date

15 Dec, 2021

Close Date

21 Dec, 2021

Allotment Date

23 Dec, 2021

Listing Date

Issue Price

60 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

74.0

Listing Date

2021-12-23

Market Lot

60 Shares (₹1,20,000/-)

Lead Manager

Corporate CapitalVentures Pvt Ltd

Issue Size

N/A Eq Shares of ₹10 (aggregating up to ₹34.20 Cr)
#Fresh Issue: 5,700,000 Eq Shares of ₹10 (aggregating up to ₹34.20 Cr)

Retail Portion

N/A

Subscription

43.67 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,700,0002,700,0005,400,000
Day 1 - 13-12-21 06:00 PM6.52 x1.65 x4.09 x
Day 2 - 14-12-21 06:00 PM9.08 x6.40 x7.74 x
Day 3 - 15-12-21 06:00 PM53.12 x34.23 x43.67 x

Valuations

Earnings Per Share (EPS)

₹4.83/-

P/E Ratio

12.42

RoNW

0.99%

Net Asset Value (NAV) - Post Issue

₹24.47/-

Company Financials All values are in ₹ Cr.

30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Assets33.0725.199.362.84
Revenue39.34104.9713.210.90
Profit After Tax6.6410.000.030.01

About The Company

Nupur Recyclers is engaged in metal scrap processing & recycling. The company is involved in the importing, manufacturing, and trading of non-ferrous metal scraps such as shredded zinc scrap, zinc die cast scrap, zurik ss scrap, and aluminium zorba grades. The company acts as an intermediary in the metals scrap supply chain where they import scrap metals from various suppliers and supply the same to customers in the Metal Business.

The company has also added two new verticals of installation of charging stations in the Delhi NCR Region in collaboration with EVi Tech. Its also extracts Lithium-Ion, Cobalt, and Black Mass from the used mobile phone batteries and processes them to be used in refurbishments. The company derives the majority of its revenue from Zurik products.

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- Promoter(s)

Pre Issue Share Holding: 99.91%

Post Issue Share Holding: 72.53%


Company Promoter(s)

  1. Mr. Rajesh Gupta
  2. Mr. Anoop Garg

IPO - Issue Objectives

  1. To meet out the working capital requirements of the company
  2. To meet out the general corporate purposes
  3. To meet out the issue expenses.

IPO - FAQs

Ans. Nupur Recyclers Limited IPO is a SME IPO. The issue is priced at 60 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 13, 2021, and closes on Dec 15, 2021. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Nupur Recyclers Limited IPO opens on Dec 13, 2021 and closes on Dec 15, 2021.

Ans. The size of Nupur Recyclers Limited IPO is N/A Eq Shares of ₹10 (aggregating up to ₹34.20 Cr) #Fresh Issue: 5,700,000 Eq Shares of ₹10 (aggregating up to ₹34.20 Cr).

Ans. The IPO price band is set between 60 per equity share.

Ans. To apply for Nupur Recyclers Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Nupur Recyclers Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Nupur Recyclers Limited IPO is Dec 21, 2021.

Ans. The Nupur Recyclers Limited IPO will be listed on Dec 23, 2021.

Ans. Follow the steps to check the allotment status for Nupur Recyclers Limited IPO here.