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Nupur Recyclers Limited IPO (Nupur Recyclers IPO) Detail

Dec 13, 2021 - Dec 15, 2021

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:

  • Positive cash flow of the company ·
  • Excellent network management & logistics
  • Experienced and professional team

Company Promoters:

Mr. Rajesh Gupta and Mr. Anoop Garg are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue:

  • To meet out the working capital requirements of the company;
  • To meet out the general corporate purposes; and
  • To meet out the issue expenses.

Nupur Recyclers IPO Details

IPO Opening Date Dec 13, 2021
IPO Closing Date Dec 15, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹60 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At NSE SME
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹34.20 Cr)
Fresh Issue5,700,000 Eq Shares of ₹10
(aggregating up to ₹34.20 Cr)

Nupur Recyclers IPO Lot Size

The Nupur Recyclers IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹120,000
Maximum 1 2000 ₹120,000

Nupur Recyclers IPO Promoter Holding

Pre Issue Share Holding 99.90%
Post Issue Share Holding 72.52%

Nupur Recyclers IPO Review

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...

Nupur Recyclers IPO Subscription Status (Bidding Detail)

The Nupur Recyclers IPO is subscribed 43.67 times on Dec 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)

CategorySubscription (times)
NII53.12
Retail34.23
Total43.67

Nupur Recyclers IPO Prospectus

Nupur Recyclers IPO Rating

276
4.1
Rating:Rated 4.1 stars
Vote Here ...

Nupur Recyclers IPO Listing Date

Listing Date Thursday, December 23, 2021
BSE Script Code
NSE Symbol NRL
Listing In
ISIN INE0JM501013
IPO Price ₹60 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹60.00
Open: ₹74.00
Low: ₹70.35
High: ₹77.70
Last Trade: ₹77.70

Company Contact Information

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/

Nupur Recyclers IPO Registrar

Skyline Financial Services Private Ltd

Phone: +91 - 11 - 2681
Email: compliances@skylinerta.com
Website: http://www.skylinerta.com

Nupur Recyclers IPO Reviews / Ratings

Nupur Recyclers IPO FAQs

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 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.

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Nupur Recyclers IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

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

Nupur Recyclers IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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, Edelweiss, 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.

The Nupur Recyclers IPO listing date is on Thursday, December 23, 2021.

Nupur Recyclers IPO Message Board

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