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:
| 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 | |
| Min Order Quantity | |
| Listing At | NSE SME |
| Issue Size | [.] 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 IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
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 Lead Manager(s)
Lead Manager Reports