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Nupur Recyclers IPO Details

IPO Open Dec 13, 2021
IPO Close Dec 15, 2021
IPO Price ₹60
Face Value ₹10
IPO Size ₹34.20 Cr
Listing At NSE SME
Lot Size 2000
Open an Instant Account with Zerodha
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NUPUR RECYCLERS LIMITED

Our Company was originally incorporated as a prorate limited company under the Companies Act, 2013 in the name and style of 'Nupur Recyclers Private Limited' bearing Corporate Identification Number U37100DI2019PTC34478B dated January 22, 2019 issued by the Registrar of Companies, Delhi. Subsequently, our Company was converted into public limited company pursuant to a shareholders resolution passed at an Extra-Ordinary General Meeting held on September 20, 2021 and name of our Company was changed to 'Nupur Recyclers Limited' and a fresh Certificate of Incorporation dated October 06, 2021 was issued by Registrar of Companies, Delhi. As on date of this Prospectus the Corporate Identification Number of our Company is U37100DL2019PLC344788. For further details of Incorporation please refer to section titled 'Our History and Certain Other Corporate Matters' beginning on page 113 of this Prospectus.

Registered Office: Plot No. 5, G/F. Kh. No 12/8 & 12/9 Kh-12. Arjun Gali, New Mandoli Industrial Area, Near Shri Ram Bal Bharti Public School. North East Delhi-110093 Tel: +91-8882704751. Fax N A. Website: www.nupurrecyclers.com, E-mail: compliance@nupurrecyclers.com
Company Secretary and Compliance Officer: Ms. Payal Vig
PROMOTERS : MR. RAJESH GUPTA AND MR. ANOOP GARG
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 57,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") OF NUPUR RECYCLERS LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS. 60/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 50/- PER EQUITY SHARE) AGGREGATING UP TO RS. 3420.00 LAKH ("ISSUE") OF WHICH 3,00,000 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FOR CASH AT A PRICE OF RS. 60/- PER EQUITY SHARE AGGREGATING RS. 180.00 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I E. ISSUE OF 54,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 60/- PER EQUITY SHARE. AGGREGATING RS. 3240.00 LAKH IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.40% AND 25.06%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

FOR FURTHER DETAILS, KINDLY REFER TO CHAPTER TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 199 OF THIS PROSPECTUS.THE FACE VALUE OF THE EQUITY SHARE IS RS. 10 EACH AND THE ISSUE PRIE IS RS. 60.00. THE ISSUE PRICE IS 6 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.

THIS ISSUE IS BEING MADE IN TERMS OF REGULATION 252 OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBI (ICDR) REGULATIONS"). AS AMENDED READ WITH RULE 19(2)(B) OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957, AS AMENDED

FOR FURTHER DETAILS PLEASE REFER THE SECTION TITLED ISSUE INFORMATION BEGINNING ON PAGE 199 OF THIS PROSPECTUS.

ISSUE OPENED ON: MONDAY, DECEMBER 13, 2021 AND
ISSUE CLOSED ON: WEDNESDAY, DECEMBER 15, 2021
PROPOSED LISTING: DECEMBER 23, 2021

The Equity Shares offered through the Prospectus are proposed to be listed on the Emerge Platform of National Stock Exchange of India Limited ("NSE Emerge"). In terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended from time to time. Our Company has received an In- approval letter dated November 26, 2021 from National Stock Exchange of India Limited for using its name in this offer document for listing of our shares on the NSE Emerge. For the purpose of this Issue, the Designated Stock Exchange win be the National Stock Exchange of India Limited. The trading is proposed to be commenced on or about December 23, 2021.*

*Subject to receipt of listing and trading approvals from the NSE.

All Applicants were allowed to participate in the issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The net offer has receiver) 43625 applications before technical rejections for 214432000 equity shares resulting in 37.61 times. The details of the applications received m the issue (before technical rejections but after applications not banked) are as follows.

Detail of the Applications Received:

Category Before Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
No of Applications No of equity shares No of Applications No of equity shares
Retail Individual Applicant 43098 86186000 42427 848S4000
Other than Retail Individual Applicant 727 128236000 716 127778000
Total 43826 214732000 43144 212932000

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 60 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,00,000 Equity shares.

The category wise details of the Basis of Allotment are as under

No. of Shares Applied for (Category wise) No. Of Applications received % to Total Total No. of Equity Shares applied in this Category % to Total Proportion ate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees to Applicant: Ratio 1 Ratio of Allottees to Applicant: Ratio 2 Number of Successful applicants (after rounding off) Total No. of Equity Shares allocated/ allotted
300000 1 100.00 300000 100.00 300000 300000 300000 1 1 1 300000
Total 1 100.00 300000 100.00 300000 300000 300000 1 1 1 300000

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual investors, at the issue price of Rs. 60 per Equity Share, was finalized m consultation with NSE. The category was subscribed by 31.43 tunes i.e. for 64864000 Equity Shares Total number of shares allotted in this category is 2700000 Equity Shares to 1350 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) Number of applications received % to Total Total No. of Shares applied in each category % to Total Proportionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants(after rounding) % to total Total No. of shares allocated.1 alloted %to total
(2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (11) (12) (13) (14) (15)
2000 42427 100 84854000 100 2700000 63.64 2000 1350 42427 1350 100 2700000 100
42427 100 84854000 100 2700000 1350 100 2700000 100

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 60 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 47.32 times i.e. application received for 12,77,78,000 shares & the total number of shares allotted in this category is 27,00,000 Equity Shares to 716 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) (2) Number of applications received (3) % to Total (4) Total No. of Shares applied in each (5) % to Total (6) Proportionate shares available (7) Allocation per Applicant Ration of allottees to applicants Serial Number of Qualifying applicants (11) Number of successful applicants (after rounding) (12) % to total (13) Total No. of shares allocated, alloted (14) % to total (15) Surplus/Deficit (14)-(7) (16)
Before Rounding off (8) After Rounding off (9) (10)
4000 119 16.61 476000 0.37 10058 84.52 2000 5 119 13,26,37, 63, 73 5 1.6 10000 0.37 -58
6000 50 6.97 300000 0.23 6339 126.78 2000 3 50 7, 35 47 3 0.97 6000 0.22 -339
8000 31 4.33 248000 0.19 5240 169.04 2000 3 31 19,25,26 3 0.97 6000 0.22 760
10000 32 4.47 320000 0.25 6762 211.3 2000 3 32 7,29,31 3 0.97 6000 0.22 -762
12000 19 2.64 228000 0.18 4818 253 56 2000 2 19 13,17 2 0.65 4000 0.16 -818
14000 24 3.35 336000 0.26 7100 295.83 2000 1 6 3 4 1.28 8000 0.3 900
16000 42 5.87 672000 0.53 14200 338.09 2000 1 6 5 7 2.24 14000 0.54 -200
18000 8 1.12 144000 0.11 3043 380.35 2000 1 8 8 1 0.33 2000 0.07 -1043
20000 19 2.65 380000 0.3 8030 422 61 2000 4 19 2,12,15, 18 4 1.28 8000 0.3 -30
22000 6 084 132000 0.1 2789 464 87 2000 1 6 3 1 0.33 2000 0.07 -789
24000 12 1.68 288000 0.23 6086 507.13 2000 1 4 2 3 0.97 6000 0.22 -86
26000 4 0.56 104000 0.08 2198 549.39 2000 1 4 3 1 0.33 2000 0.07 -198
28000 6 0.84 168000 0.13 3550 591.65 2000 1 3 3 2 0.64 4000 0.15 450
30000 8 1.12 240000 0.19 5071 633.91 2000 3 8 6, 7,8 3 0.96 6000 0.22 929
32000 8 1.12 256000 0.2 5409 676.17 2000 3 8 5, 6,8 3 0.96 6000 0.22 591
34000 7 0.97 238000 0.19 5029 718.43 2000 2 7 4,7 2 0.64 4000 0.15 -1029
36000 7 0.97 252000 0.2 5325 760.69 2000 3 7 1,5,7 3 0.96 6000 0.22 675
38000 7 0.97 266000 0.21 5621 802.96 2000 3 7 1,3,6 3 0.96 6000 0.22 379
40000 20 2.78 800000 0.63 16904 845.22 2000 2 5 2,5 8 2.56 16000 0.59 -904
42000 12 1.68 504000 0.39 10650 887.48 2000 5 12 2,7,10, 11,12 5 1.6 10000 0.37 -650
44000 2 0.28 88000 0.07 1859 929.74 2000 1 2 1 1 0.32 2000 0.07 141
46000 3 0.42 138000 0.11 2916 972 2000 1 3 2 1 0.32 2000 0.07 -916
48000 3 0.42 144000 0.11 3043 1014.26 2000 2 3 1 7 2 0.64 4000 0.15 957
50000 12 1.68 600000 0.47 12678 1056.52 2000 1 2 1 6 1.92 12000 0.45 -678
52000 3 0.42 156000 0.12 3296 1098.78 2000 2 3 1,2 2 0.64 4000 0.15 704
54000 2 028 108000 0.08 2282 1141.04 2000 1 2 1 1 0.32 2000 0.07 -282
58000 6 0.84 348000 0.27 7353 1225.56 2000 2 3 1,3 4 1.28 8000 0.3 647
60000 11 1.54 660000 0.52 13946 1267.82 2000 7 11 3,6,7,8, 9,10,11 7 2.24 14000 0.52 54
62000 1 0.14 62000 0.05 1310 1310.08 2000 1 1 1 0.32 2000 0.07 690
64000 2 0.28 128000 0.1 2705 1352.35 2000 1 2 2 1 0.32 2000 0.07 -705
66000 10 1.4 660000 0.52 13946 1394.61 2000 7 10 1,4,5,6, 8, 9; 10 7 2.24 14000 0.52 54
68000 3 0.42 204000 0.16 4311 1436.87 2000 2 3 1,3, 2 0.64 4000 0.15 -311
70000 2 0.28 140000 0.11 2958 1479.13 2000 1 2 2 1 0.32 2000 0.07 -958
72000 2 0.28 144000 0.11 3043 1521.39 2000 1 1 2 0.64 4000 0.15 957
74000 3 0.42 222000 0.17 4691 1563 65 2000 2 3 1,2 2 0.64 4000 015 -691
80000 8 1.12 640000 0.5 13523 1690.43 2000 7 8 1,2,3,5, 6,7,8 7 2.24 14000 0.52 477
82000 12 1.68 984000 0.77 20792 1732.69 2000 5 6 1,2,3,4,5 10 3.21 20000 0.74 -792
84000 5 0.7 420000 0.33 8875 1774.95 2000 4 5 1,3, 4,5 4 1.28 8000 0.3 -875
88000 3 0.42 264000 0.21 5578 1859.48 2000 1 1 3 0.96 6000 0.22 422
90000 4 0.55 360000 0.28 7607 1901.74 2000. 1 1 4 1.28 8000 0.3 393
92000 1 0.14 92000 0.07 1944 1944 2000 1 1 1 0.32 2000 0.07 56
94000 2 0.28 188000 0.15 3973 1986.26 2000 1 1 2 0.64 4000 0.15 27
96000 1 0.14 96000 0.08 2029 2028.52 2000 1 1 1 0.32 2000 0.07 -29
100000 13 1.82 1300000 1.02 27470 2113.04 2000 1 1 13 4.17 26000 0.96 -1470
100000 2000 1 13 2 0 0 2000 0.07 2000
104000 1 0.14 104000 0.08 2198 2197.56 2000 1 1 1 0.32 2000 0.07 -198
108000 1 0.14 108000 0.08 2282 2282.08 2000 1 1 1 0.32 2000 0.07 -282
110000 2 0.28 220000 0.17 4649 2324.34 2000 1 1 2 0.64 4000 0.15 -649
114000 1 0.14 114000 0.09 2409 2408.87 2000 1 1 1 0.32 2000 0.07 -409
116000 3 0.42 348000 0.27 7353 2451.13 2000 1 1 3 0.96 6000 0.22 -1353
116000 2000 1 3 3 0 0 2000 0.07 2000
120000 1 0.14 120000 0.09 2536 2535.65 2000 1 1 1 0.32 2000 0.07 -536
124000 1 0.14 124000 0.1 2620 2620.17 2000 1 1 1 0.32 2000 0.07 -620
130000 3 0.42 390000 0.31 8241 2746.95 2000 1 1 3 0.96 6000 0.22 -2241
130000 2000 1 3 2 0 0 2000 0.07 2000
132000 2 0.28 264000 0.21 5578 2769.21 2000 1 1 2 0.64 4000 0.15 -1578
132000 2000 1 2 2 0 0 2000 0.07 2000
134000 1 0.14 134000 0.1 2831 2831.47 2000 1 1 1 0.32 2000 0.07 -831
140000 2 0.28 280000 0.22 5917 2958.26 2000 1 1 2 0.64 4000 0.15 -1917
140000 2000 1 2 1 0 0 2000 0.07 2000
144000 2 0.28 288000 0.23 6086 3042.78 2000 1 1 2 0.64 4000 0.15 -2086
144000 2000 1 2 2 0 0 2000 0.07 2000
146000 1 0.14 146000 0.11 3085 3085.04 4000 1 1 1 0.32 4000 0.15 915
150000 5 0.1 750000 1 15848 3169.56 2000 1 1 5 1.6 10000 0.37 -5848
150000 2000 3 5 1.3.4 0 0 6000 0.22 6000
152000 3 0.42 456000 0.36 9635 3211.82 2000 1 1 3 0.96 6000 0.22 -3635
152000 2000 2 3 2.3 0 0 4000 0.15 4000
154000 1 0.14 154000 0.12 3254 3254.08 4000 1 1 1 0.32 4000 0.15 746
156000 1 0.14 156000 0.12 3296 3296.34 4000 1 1 1 0.32 4000 0.15 704
160000 4 0.56 640000 0.5 13523 3380.86 2000 1 1 4 1.28 8000 0.3 -5523
160000 2000 3 4 1,2,3 0 0 6000 0.22 6000
162000 1 0.14 162000 0.13 3423 3423.12 4000 1 1 1 0.32 4000 0.15 577
164000 2 0.28 328000 0.26 6931 3465.39 2000 1 1 2 0.64 4000 0.15 -2931
164000 2000 1 2 2 0 0 2000 0.07 2000
166000 8 1.12 1328000 1.04 28061 3507.65 2000 1 1 8 2.56 16000 0.59 -12061
166000 2000 3 4 1,3,4 0 0 12000 0.44 12000
166000 3 0.42 504000 039 10650 3549.91 2000 1 1 3 0.96 6000 0.22 -4650
168000 2000 2 3 1,3 0 0 4000 0.15 4000
170000 2 0.28 340000 0.27 7184 3592.17 4000 1 1 2 0.64 8000 0.3 816
172000 1 0.14 172000 0.13 3634 3634.43 4000 1 1 1 0.32 4000 0.15 366
176000 2 0.28 352000 0.28 7438 3716.96 4000 1 1 2 064 8000 0.3 562
184000 1 0.14 184000 0.14 3888 3887.99 4000 1 1 1 0.32 4000 0.15 112
200000 6 0.84 1200000 0.94 25356 4226.08 4000 1 1 6 1.92 24000 0.89 -1356
200000 2000 1 6 1 0 0 2000 3.07 2000
202000 1 0.14 202000 0.16 4268 4268.34 4000 1 1 1 0.32 4000 0.15 -268
208000 2 0.28 416000 033 8790 4395.12 4000 1 1 2 0.64 8000 0.3 -790
216000 1 0.14 216000 0.17 4564 4564.17 4000 1 1 1 0.32 4000 0.15 -564
220000 1 0.14 220000 0.17 4649 4648.69 4000 1 1 1 0.32 4000 0.15 -649
224000 1 0.14 224000 0.18 4733 4733.21 4000 1 1 1 0.32 4000 0.15 -733
230000 1 0.14 230000 0.18 4860 4859.99 4000 1 1 1 0.32 4000 0.15 -860
232000 2 0.28 464000 0.36 9805 4902.25 4000 1 1 2 0.64 8000 0.3 -1805
232000 2000 1 2 1 0 0 2000 0.07 2000
250000 10 1.4 2500000 1.96 52826 5282.6 4000 1 1 10 3.21 40000 1.48 -12826
250000 2000 3 5 2, 3,4 0 0 12000 0.44 12000
290000 1 0.14 290000 0.23 6128 6127.82 6000 1 1 1 0.32 6000 0.22 -128
300000 1 0.14 300000 0.23 6339 6339.12 6000 1 1 1 0.32 6000 0.22 -339
316000 1 0.14 316000 0.25 6677 6677.21 6000 1 1 1 0.32 6000 0.22 -677
332000 14 1.96 4648000 3.64 98214 7015.29 6000 1 1 14 4.49 84000 3.11 -14214
332000 2000 1 2 2 0 0 14000 0.52 14000
334000 1 0.14 334000 0.26 7058 7057.55 8000 1 1 1 0.32 8000 0.3 942
340000 1 0.14 340000 0.27 7184 7184.34 8000 1 1 1 0.32 8000 0.3 816
350000 1 0.14 350000 0.27 7396 7395.64 8000 1 1 1 0.32 8000 0.3 604
376000 1 0.14 376000 0.29 7945 7945.03 8000 1 1 1 0.32 8000 0.3 55
380000 1 0.14 380000 0.3 8030 8029.55 8000 1 1 1 0.32 8000 0.3 -30
390000 1 0.14 390000 0.31 8241 8240.86 8000 1 1 1 0.32 8000 0.3 -241
400000 2 0.28 800000 0.63 16904 8452.16 8000 1 1 2 0.64 16000 0.59 -904
416000 4 0.55 1664000 1.3 35161 8790.25 8000 1 1 4 1.28 32000 1.19 -3161
416000 2000 1 2 1 0 0 4000 0.15 4000
410000 2 0.28 836000 0.65 17665 8832.51 8000 1 1 2 0.64 16000 0.59 -1665
418000 2000 1 2 1 0 0 2000 0.07 2000
430000 1 0.14 430000 0.34 9086 9086.07 10000 1 1 1 0.32 10000 0.37 914
434000 1 0.14 434000 0.34 9171 9170.59 10000 1 1 1 0.32 10000 0.37 829
440000 1 0.14 440000 0.34 9297 9297.38 10000 1 1 1 0.32 10000 0.37 703
450000 1 0.14 450000 0.35 9509 9508.68 10000 1 1 1 0.32 10000 0.37 491
452000 1 0.14 452000 0.35 9551 9550.94 10000 1 1 1 10000 0.37 449
500000 5 0.7 2500000 1.96 52826 10565.2 10000 1 1 5 1.6 50000 1.85 -2826
500000 2000 1 5 1 0 0 2000 0.07 2000
524000 1 0.14 524000 0.41 11072 11072.33 12000 1 1 1 0.32 12000 0.44 928
582000 1 0.14 582000 0.46 12298 12297.89 12000 1 1 1 0.32 12000 0.44 -298
584000 2 0.28 1168000 0.91 24680 12340.15 12000 1 1 2 0.65 24000 0.89 -680
586000 1 0.14 586000 0.46 12382 12382.41 12000 1 1 1 0.32 12000 0.44 382
666000 3 0.42 1998000 1.56 42219 14072.85 14000 1 1 3 0.96 42000 1.56 -219
700000 1 0.14 700000 0.55 14791 14791.28 14000 1 1 1 0.32 14000 0.52 -791
824000 1 0.14 824000 0.64 17411 17411.45 18000 1 1 1 0.32 18000 0.67 589
832000 5 0.7 4160000 3.26 87902 17580.49 16000 1 1 5 1.6 80000 2.96 -7902
832000 2000 4 5 1,3,4,5 0 0 8000 0.3 8000
840000 1 0.14 840000 0.66 17749 17749.53 18000 1 1 1 0.32 18000 0.67 251
1000000 1 0.14 1000000 0.78 21130 21130.4 22000 1 1 1 0.32 22000 0.81 870
1008000 1 0.14 1008000 0.79 21299 21299.44 22000 1 1 1 0.32 22000 0.81 701
1060000 1 0.14 1060000 0.83 22398 22398.22 22000 1 1 1 0.32 22000 0.81 -398
1166000 1 0.14 1166000 0.91 24638 24636.04 24000 1 1 1 0.32 24000 0.89 -638
1216000 1 0.14 1216000 0.95 25695 25694.56 26000 1 1 1 0.32 26000 096 305
1408000 1 0.14 1408000 1.1 29752 29751.6 30000 1 1 1 0.32 30000 1.11 248
1500000 1 0.14 1500000 1.17 31696 31695.6 32000 1 1 1 0.32 32000 1.2 304
1666000 3 0.41 4998000 3.91 105610 35203.24 34000 1 1 3 0.97 102000 3.78 -3610
1666000 2000 2 3 1,3 0 0 4000 0.16 4000
2000000 2 0.28 4000000 3.13 84522 42260.8 42000 1 1 2 0.65 84000 3.11 -522
2002000 1 0.14 2002000 1.57 42303 4230306 420000 1 1 1 0.32 42000 156 -303
2750000 1 0.14 2750000 2.15 58109 58106.59 58000 1 1 1 0.32 58000
4168000 2 0.28 8336000 6.52 176143 880715 880000 1 1 2 0.65 176000 6.52 -143
4320000 1 0.14 4320000 3.38 91283 91283 32 92000 1 1 1 0.32 92000 3.41 717
5166000 1 0.14 5166000 4.04 109160 109159.64 1100:0 1 1 1 0.32 110000 4.07 840
5400000 6 0.83 32400000 25.36 684625 114104.15 114000 1 1 6 1.92 684000 25.34 -625
716 100 127778000 100 2700000 312 100 2700000 100 0

The Board of Directors of the Company at its meeting held on December 21, 2021 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants.

The CAN-cum-allotment advices and/or notices will be forwarded to the email id's and address of the Applicants as registered with the depositories I as filled in the application form on or before December 22, 2021. Further, the instructions Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to December 22, 2021. In case the same is not received within 10 days, investors may contact at the address given below The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the accounts details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the Emerge Platform of NSE Limited (NSE Emerge) within six working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated November 27, 2021 ('Prospectus')

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta.com. All future correspondence In this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

wpeA4.jpg (4043 bytes) SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A. 1st Floor, Okhla Industrial Area Phase-I, New Delhi -110020. India
Telephone: +91-11-40450193-97. Fax No: +91-11-26812682
Email: virenr@skylinerta.com or admin@skylinerta.com
Investor grievance email: info@skyimerta.com
Contact Person: Ms Sarita Smgh
Website: www.skylinerta.com
SEBI Registration Number: INE00003241
For NUPUR RECYCLERS LIMITED
On behalf of Board of Directors
sd/-
Mr. Rajesh Gupta
Place: Delhi Managing Director
Date: December 21, 2021 DIN-01941985

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF NUPUR RECYCLERS LIMITED

Note All capitalized terms used and not defined herein shall have same meanings assigned to them in the Prospectus



Nupur Recyclers IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Nupur Recyclers IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The Nupur Recyclers IPO basis of allotment (published above) tells you how shares are allocated to you in Nupur Recyclers IPO and category wise demand of IPO share.

Visit the Nupur Recyclers IPO allotment status page to check the number of shares allocated to your application.

Check the basis of allotment document above to know about how the shares are allocated in Nupur Recyclers IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).