Nupur Recyclers Limited IPO (Nupur Recyclers IPO) Detail

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:

ParticularsFor the year/period ended (₹ in Millions)
Total Assets330.75251.9993.6628.46
Total Revenue393.481,049.72132.149.06
Profit After Tax66.43100.050.320.11

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 DateDec 13, 2021
IPO Closing DateDec 15, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹60 per equity share
Market Lot
Min Order Quantity
Listing AtNSE 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 Promoter Holding

Pre Issue Share Holding100.00%
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

Nupur Recyclers IPO Registrar

Skyline Financial Services Private Ltd

Phone: +91 – 11 – 2681

Nupur Recyclers IPO Lead Manager(s)

  1. Corporate CapitalVentures Pvt Ltd

Lead Manager Reports

Leave a Reply

Your email address will not be published. Required fields are marked *