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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 ยท
  • Excellent network management & logistics
  • Experienced and professional team

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (โ‚น 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 Date Dec 13, 2021 to Dec 15, 2021
Listing Date Thursday, December 23, 2021
Face Value ₹10 per share
Price ₹60 per share
Lot Size 2000 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹34.20 Cr)
Fresh Issue5,700,000 shares of ₹10
(aggregating up to ₹34.20 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

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

Nupur Recyclers IPO Lot Size

The Nupur Recyclers IPO 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
Retail (Min) 1 2000 ₹120,000
Retail (Max) 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 share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹60.00
₹74.00
₹70.35
₹77.70
₹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: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/

Nupur Recyclers IPO Review

Nupur Recyclers IPO Recommendation Summary

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Members 0 0 0

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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 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 .

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.
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Nupur Recyclers IPO Message Board

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623 Comments

207. Ajit Jain |   Link |Feb 6, 2022 1:00:25 PM
When is the result? And by when bonus will be credited?
206. Arca |   Link |Feb 5, 2022 6:50:37 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
December ending Results on Feb 14๐Ÿ˜ฌ
206.1. Ajit Jain |   Link |Feb 6, 2022 12:59:40 PM
There is no such update? From where did you get?
205. Wishal |   Link |Jan 31, 2022 2:00:48 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Why its go down today?what is next ?
Experts please suggest
205.3. DINESH KR DALMIA |   Link |Jan 31, 2022 6:23:55 PM
GOOD NEWS IS THAT STILL THERE WAS A TRADE OF 740000 SHARES TODAY AT THIS MUCH HIGH PRICE. THINK FOR THE PERSON WHO HAVE INVESTED RS 6 LACS PER LOTT FOR AN SME SHARE. VERY MUCH POSITIVE FOR THIS COMPANY. SOON WE WILL GET 200 SHARES AS BONUS SHARES. WE SHOULD HOLD THIS FOR LONG RUN.
205.4. Dowg |   Link |Jan 31, 2022 9:52:36 PM
I don't think it was a good volume. 50% only deliverables. If it even trade flat for couple of days that would be great. But bonus issue in coming days is realy the silver lining.
204. OneSevenSevenOne |   Link |Jan 27, 2022 2:52:32 PM
BEW Ltd's lot got reduced and share is in upper circuit since then, when Nupur's lot reduction will be there? Presumably after bonus shares get listed. It should happen ASAP, so that more liquidity and retailers arrive in this stock.
203. Dowg |   Link |Jan 20, 2022 8:48:56 AM
Extra Ordinary General Meeting is scheduled on 14.02.2022 or 16.02.2022.
The bonus issue of shares will be made in the ratio of 1:10 i.e.1 (One) fully paid up Equity Shares for every 10 (Ten) Equity Shares held to the shareholders on such date (Record Date) as may be determined by the Board of Directors after approval of this resolution by shareholders in General Meeting.
Record date shall be decided by the board.
203.1. Dowg |   Link |Jan 20, 2022 9:03:24 AM
Date of EGM is 12.02.2022, sorry for the wrong mention in above comment.
203.2. Wishal |   Link |Jan 20, 2022 11:00:25 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Thank you sir ๐Ÿ‘
202. Wishal |   Link |Jan 18, 2022 10:32:58 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Anyone knows the date about When bonus shares will credit in demat?
201. c.dinesh |   Link |Jan 13, 2022 9:40:18 AM
Top Contributor Top Contributor (200+ Posts)
sold 2 lots @ 185 .
201.3. c.dinesh |   Link |Jan 13, 2022 10:12:05 AM
Top Contributor Top Contributor (200+ Posts)
@ Arca , Thanks . By the way , profit is close to 4.25 lakhs ( Excluding CG tax ) and Holding 1 more lot :)
201.4. Wishal |   Link |Jan 13, 2022 3:22:20 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Congrates & best luck for 1 lot
200. Jupiterr |   Link |Jan 12, 2022 1:38:03 PM
Experts Please advice what can be considered a fair value for Nupur
199. Wishal |   Link |Jan 11, 2022 7:33:51 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Bonus shares news anyone knows?
199.2. RAYMANGIA IPO MEMBER |   Link |Jan 11, 2022 11:08:35 PM
10 sharee k holding per 1 sharee free bonush milega veri short time me bonush decler kiya ๐Ÿ‘
199.3. Jupiterr |   Link |Jan 12, 2022 11:19:42 AM
Can you share the news link?
198. Wishal |   Link |Jan 11, 2022 7:34:56 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Any news for companys todays meeting
197. c.dinesh |   Link |Jan 11, 2022 10:46:57 AM
Top Contributor Top Contributor (200+ Posts)
Dear Team, Why the UC has been revised from 10 to 5 % today . Is there any logic behind this change . Let me know where to track this UC % for information purpose.

Thanks.
196. erarunsingla |   Link |Jan 7, 2022 6:59:19 PM
@dowg my broker is angel one same as urs. I am getting same issue RMS rule rejection. I sent POA form to them last week. How much time they will take to activate trading. Any contact number of angel one thn plz share
195. rkv |   Link |Jan 8, 2022 12:00:10 AM
Today I am seeing fresh buy entry in bulk deal of 1.26 lakhs share@145.25. I personally feel up movement will be continue few more days. Experts requested to advise please.
194. pokemon |   Link |Jan 7, 2022 9:15:50 PM
What will be the impact of bonus or preferential allotment on price movement of this stock
193. Mas |   Link |Jan 6, 2022 2:55:58 PM
Really not feeling bad, bcos it was a known fact that when there are 10 lac buyer, next day will be sure upmove.

But the next move is really unpredictable. So life goes on. Take your share & move to next.
193.1. Dowg |   Link |Jan 7, 2022 1:32:29 PM
ok so u r not feeling bad, thats ok. But soon the day will come, when u will realy feel bad for selling and settling with too less.
Best wishes for your future trades !!!
192. Mas |   Link |Jan 5, 2022 9:31:30 AM
Ahaa sold today 1 lot at 120.25.

A kotty of 1.2 is enough for me.

Don''t go for more greed
Check your stomach not others.
192.1. Dowg |   Link |Jan 6, 2022 1:40:04 PM
@MAS must be feeling bad or sad .....
191. Dowg |   Link |Jan 4, 2022 7:18:44 AM
1. Comment if u got allotment and still holding and price u r looking at which u may exit?
2. Anyone got allotment and added further quantity??
191.1. Gatla |   Link |Jan 4, 2022 9:04:27 AM
Added at 76, still holding. Looking for long term.
191.2. Dowg |   Link |Jan 5, 2022 9:31:16 AM
I am surprised with lack of response, it may be because most of the allottee might have sold their holding, which is a very good thing for long term investor.
190. Gatla |   Link |Jan 3, 2022 9:03:30 PM
As per the information provided in https://nupurrecyclers.com , they have set up 40 charging stations and 2 battery swapping stations in Delhi NCR for 2, 3 and 4 wheelers in collaboration with EVi Tech. Is it the reason behind the Rally?
190.1. Dowg |   Link |Jan 4, 2022 8:56:27 AM
it is pre IPO work, same was announced earlier to IPO.
190.2. Gatla |   Link |Jan 4, 2022 10:53:08 AM
Pre IPO news was planning to set up 200 charging points and several battery swapping points. Now they completed 40/200 installations, and 2 battery swapping stations with EVI Tech.
189. GJ ๐Ÿ˜€ |   Link |Jan 3, 2022 3:43:45 PM
IPO Guru IPO Guru (1000+ Posts, 300+ Likes)
I exited DMR today at 32.40 price
Planning to enter in Kotyark or Nupur
Will think till tomorrow morning

Comments/Views/Suggestions are welcomed.
Thanks.
188. Simple Investor |   Link |Dec 22, 2021 9:47:21 AM
@Lokes Sir, @Noorul Sir, @M. Ravi Sir.
What should we do with Nupur? Is it good for the long term??
188.6. erarunsingla |   Link |Dec 26, 2021 1:54:16 PM
@lokes
Can u plz elaborate with an example how to put trailing stoploss by assuming values of UC and LC. I tried to put stoploss so many times but failed to do that. It shows wrong attributes message
188.7. lokes |   Link |Dec 26, 2021 4:57:47 PM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
@erarunsingla: you can go through this below link: Manually u need to increase stop loss price in 1-2 days or daily, as per share price movement, you can keep stop loss of 4 to 4.5% since lower circuit is 5% here as of now which will change later. you can try this with 1 share in any other secondary market share.

https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/what-are-stop-loss-orders-and-how-to-use-them