Nupur Recyclers Limited IPO
NSE SME₹1,20,000 / 60 Shares
Nupur Recyclers Limited IPO Details
The Nupur Recyclers Limited IPO price band is set between 60 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 13 Dec, 2021 and closes on 15 Dec, 2021. Investors can check the allotment status on 21 Dec, 2021, while the listing date is tentatively scheduled for 23 Dec, 2021.
The total issue size is N/A Eq Shares of ₹10 , aggregating up to ₹34.20 Cr. Stay tuned for the latest Nupur Recyclers Limited IPO review and GMP updates.
Nupur Recyclers Limited IPO Review, Rating & Analysis
Nupur Recyclers Limited IPO Review
NO REVIEWNupur Recyclers Limited IPO Rating
Nupur Recyclers Limited IPO Highlights
IPO Date
Dec 13, 2021 - Dec 15, 2021
Listing Date
23 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
60 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Nupur Recyclers Limited IPO Lot Size
The minimum market lot for Nupur Recyclers Limited IPO is 60 shares with an application amount of ₹3,600. Retail investors can apply for up to 55 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹3,600 |
| Retail (Max) | 55 | 3300 | ₹1,98,000 |
| S-HNI (Min) | 56 | 3360 | ₹2,01,600 |
| S-HNI (Max) | 277 | 16620 | ₹9,97,200 |
| B-HNI (Min) | 278 | 16680 | ₹10,00,800 |
Nupur Recyclers Limited IPO Timeline
Issue Price
60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Corporate CapitalVentures Pvt LtdIssue 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)Nupur Recyclers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 33.07 | 39.34 | 6.64 | - | - | - |
| 31 Mar 21 | 25.19 | 104.97 | 10.00 | - | - | - |
| 31 Mar 20 | 9.36 | 13.21 | 0.03 | - | - | - |
| 31 Mar 19 | 2.84 | 0.90 | 0.01 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Rajesh Gupta
- Mr. Anoop Garg
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.91% | 72.53% |
About 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.
Nupur Recyclers Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,700,000 | 2,700,000 | 5,400,000 |
Day 1 -13-12-21 06:00 PM | 6.52 x | 1.65 x | 4.09 x |
Day 2 -14-12-21 06:00 PM | 9.08 x | 6.40 x | 7.74 x |
Day 3 -15-12-21 06:00 PM | 53.12 x | 34.23 x | 43.67 x |
Frequently Asked Questions about Nupur Recyclers Limited IPO IPO
When will Nupur Recyclers Limited IPO open for subscription?
The Nupur Recyclers Limited IPO opens on 13 Dec, 2021 and closes on 15 Dec, 2021.
What is the investors portion for Nupur Recyclers Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2700000.
How to apply for Nupur Recyclers Limited IPO?
You can apply for Nupur Recyclers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nupur Recyclers Limited IPO?
The issue size of Nupur Recyclers Limited IPO is approx ₹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) crores.
What is the price band of Nupur Recyclers Limited IPO?
The price band for Nupur Recyclers Limited IPO is 60 per equity share to ₹undefined.
What is the lot size of Nupur Recyclers Limited IPO?
The minimum bid (lot size) for Nupur Recyclers Limited IPO is N/A shares with an investment of approx ₹1,20,000 .
What is the allotment date of Nupur Recyclers Limited IPO?
The allotment date for Nupur Recyclers Limited IPO is 21 Dec, 2021.
What is the listing date of Nupur Recyclers Limited IPO?
The listing date for Nupur Recyclers Limited IPO is expected to be 23 Dec, 2021.
What is the GMP of Nupur Recyclers Limited IPO?
The latest Grey Market Premium (GMP) for Nupur Recyclers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.