IPO

Nupur Recyclers Limited IPO

NSE SME

Listed On: Dec 23, 2021 at ₹ 74.0

₹ 240000 /4000 Shares
*Min Investment

Check Allotment

13 Dec, 2021

Open Date

15 Dec, 2021

Close Date

21 Dec, 2021

Allotment Date

23 Dec, 2021

Listing Date
IPO Issue Details
  • Issue Price 60 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 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)
  • Listing at NSE SME
  • List Price 74.0
  • Listing Date 2021-12-23
  • Lead Manager Corporate CapitalVentures Pvt Ltd
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Nupur Recyclers Limited IPO is an SME IPO, priced at 60 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Dec 13, 2021 to Dec 15, 2021. The allotment is expected to be finalized on Dec 21, 2021, and the tentative listing date is Dec 23, 2021.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Analysis And Details
Retail
34.23x
Total
43.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved2,700,0002,700,0005,400,000
Day 1 13-12-21 06:00 PM
6.52 x1.65 x4.09 x
Day 2 14-12-21 06:00 PM
9.08 x6.40 x7.74 x
Day 3 15-12-21 06:00 PM
53.12 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
In Crs.
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 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)

Mr. Rajesh Gupta

Mr. Anoop Garg

Pre Issue Share Holding : 99.91%

Post Issue Share Holding : 72.53%

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.