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Nupur Recyclers IPO is a fixed price issue of Rs 34.20 crores. The issue is entirely a fresh issue of 57 lakh shares.
Nupur Recyclers IPO bidding started from December 13, 2021 and ended on December 15, 2021. The shares got listed on NSE SME on December 23, 2021.
Nupur Recyclers IPO price is ₹60 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Corporate Capitalventures Pvt Ltd is the book running lead manager of the Nupur Recyclers IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.
Refer to Nupur Recyclers IPO RHP for detailed information.
IPO Date | December 13, 2021 to December 15, 2021 |
Listing Date | December 23, 2021 |
Face Value | ₹10 per share |
Price | ₹60 per share |
Lot Size | 2000 Shares |
Total Issue Size | [.] shares (aggregating up to ₹34.20 Cr) |
Fresh Issue | 5,700,000 shares (aggregating up to ₹34.20 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 15,100,000 |
Share holding post issue | 20,800,000 |
Market Maker portion | 300,000 shares |
Nupur Recyclers IPO offers 5,700,000 shares. 2,700,000 (47.37%) to NII, 2,700,000 (47.37%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 300,000 (5.26%) |
Other Shares Offered | 2,700,000 (47.37%) |
Retail Shares Offered | 2,700,000 (47.37%) |
Total Shares Offered | 5,700,000 (100%) |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | ₹120,000 |
Retail (Max) | 1 | 2000 | ₹120,000 |
Lot Size Calculator |
Mr. Rajesh Gupta and Mr. Anoop Garg are the company promoters.
Share Holding Pre Issue | 99.90% |
Share Holding Post Issue | 72.52% |
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.
Competitive Strengths:
Particulars | For the year/period ended (₹ in Millions) | ||||
---|---|---|---|---|---|
30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
Total Assets | 330.75 | 251.99 | 93.66 | 28.46 | |
Total Revenue | 393.48 | 1,049.72 | 132.14 | 9.06 | |
Profit After Tax | 66.43 | 100.05 | 0.32 | 0.11 |
[Dilip Davda] The company has been making strides with rising commodity prices in recent years. According to management, their cordial relations with suppliers and customers has helped it to sustain growth which will continue for coming years. Issue pricing appears reasonable based on its recent financial performance. Cash surplus investors may consider investing in this issue with a long term perspective. Read detail review...
The Nupur Recyclers IPO is subscribed 43.67 times on December 15, 2021 5:01:00 PM. The public issue subscribed 34.23 times in the retail category, times in the QIB category, and 53.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 53.12 |
Retail | 34.23 |
Total | 43.67 |
Listing Date | December 23, 2021 |
BSE Script Code | |
NSE Symbol | NRL |
ISIN | INE0JM501013 |
Final Issue Price | ₹60 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹60.00 |
₹74.00 |
₹70.35 |
₹77.70 |
₹77.70 |
Nupur Recyclers Limited
Plot No. 5, G/F, Kh No. 12/8 & 12/9 Kh-12,
Arjun Gali, New Mandoli Industrial Area,
North East Delhi-110093
Phone: +91-8882704751
Email: compliance@nupurrecyclers.com
Website: https://www.nupurrecyclers.com/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
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Nupur Recyclers IPO is a SME IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹34.20 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000 Shares.
The IPO opens on December 13, 2021, and closes on December 15, 2021.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Nupur Recyclers IPO using UPI as a payment gateway. Zerodha customers can apply in Nupur Recyclers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nupur Recyclers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nupur Recyclers IPO opens on December 13, 2021 and closes on December 15, 2021.
Nupur Recyclers IPO lot size is 2000 Shares, and the minimum amount required is ₹120,000.
You can apply in Nupur Recyclers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Nupur Recyclers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nupur Recyclers IPO allotment status.
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