Nupur Recyclers Limited was established in 2019 by Mr. Rajesh Gupta and Mr. Anoop Garg, who are the company promoters.
Nupur Recyclers operates in the non-ferrous metal recycling industry. The company imports and processes metal scrap, including shredded zinc scrap, zinc die-cast scrap, Zurik scrap and aluminium Zorba grades. It also undertakes trading and manufacturing activities related to these metals.
The company processes recyclable materials and converts metal scrap into usable products. Its operations focus on supplying quality recycled metal products to customers while supporting efficient resource utilisation.
Nupur Recyclers Limited aimed to expand its business by developing newer markets in regions such as the UAE, Central Europe and the USA. The company also explored additional trading opportunities that could complement its existing recycling activities.
Nupur Recyclers IPO Details
The Nupur Recyclers SME IPO opened on 13 December 2021 and closed on 15 December 2021. The company offered its shares at ₹60 per share with a face value of ₹10. The IPO raised approximately ₹34.20 crore through a fresh issue.
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 13 December 2021 |
| IPO Closing Date | 15 December 2021 |
| Issue Price | ₹60 per share |
| Fresh Issue | ₹34.20 Crore |
| Offer for Sale | NIL |
| Total Issue Size | ₹34.20 Crore |
| Minimum Bid | 2,000 Shares |
| Face Value | ₹10 per share |
| Listing | NSE SME |
Nupur Recyclers IPO Market Lot
The Nupur Recyclers IPO had a market lot of 2,000 shares. At the issue price of ₹60 per share, one lot required an investment of ₹1,20,000.
| Lot | No. of Shares | Amount |
|---|---|---|
| Minimum | 2,000 Shares | ₹1,20,000 |
| Maximum | 2,000 Shares | ₹1,20,000 |
Nupur Recyclers Financial Performance
The following financial information comes from the supplied restated consolidated financial data for the period ended 30 June 2021.
| Financial Period | 30-Jun-2021 |
|---|---|
| Total Assets | ₹330.75 Million |
| Total Revenue | ₹393.48 Million |
| Profit After Tax | ₹66.43 Million |
| EPS | ₹6.63 per share |
Nupur Recyclers IPO Allotment Date & Details
The Nupur Recyclers IPO allotment process was scheduled after the IPO closed on 15 December 2021. The shares were subsequently listed on NSE SME on 24 December 2021.
| IPO Event | Date |
|---|---|
| Allotment Date | 21 December 2021 |
| Initiation of Refunds | 22 December 2021 |
| Transfer of Shares to Demat Accounts | 23 December 2021 |
| Listing Date | 24 December 2021 |
| Check Allotment Status | Check IPO Allotment |
Nupur Recyclers IPO Review
Nupur Recyclers entered the SME market with a business focused on non-ferrous metal scrap import, processing and recycling. The company also planned to expand its market presence internationally and develop additional trading opportunities.
Investors reviewing the historical IPO should consider the company’s financial performance, recycling-sector exposure, issue valuation and SME-market risks. Because the IPO closed in December 2021, this page provides historical IPO information rather than a current investment recommendation.
Nupur Recyclers IPO Subscription Status
The Nupur Recyclers IPO subscription period ran from 13 December 2021 to 15 December 2021. Historical day-wise subscription information is available on IPOWala.
Check Nupur Recyclers IPO Subscription Status
Nupur Recyclers IPO GMP
Any GMP information for Nupur Recyclers should be treated as historical grey market information because the IPO was listed in December 2021. Grey market premiums are unofficial and may differ from the actual listing price.
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Registrar of Nupur Recyclers IPO
Skyline Financial Services Private Limited
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi 110 020, India.
Phone: 011 40450193
Fax: 011 26812682
Email: compliances@skylinerta.com
Website: www.skylinerta.com
Nupur Recyclers Contact Details
Nupur Recyclers Limited
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
Phone: 8882704751
Email: compliance@nupurrecyclers.com
Website: www.nupurrecyclers.com
Nupur Recyclers IPO Lead Manager
Corporate Capital Ventures Pvt. Ltd.
Nupur Recyclers IPO FAQ
When was Nupur Recyclers IPO listed?
Nupur Recyclers IPO was listed on 24 December 2021 on NSE SME.
When was Nupur Recyclers IPO allotment?
The Nupur Recyclers IPO allotment date was 21 December 2021.
What was the Nupur Recyclers IPO price?
The issue price of Nupur Recyclers IPO was ₹60 per share.
What was the lot size of Nupur Recyclers IPO?
The Nupur Recyclers IPO lot size was 2,000 shares.
How much was one lot of Nupur Recyclers IPO?
One lot contained 2,000 shares. At ₹60 per share, the lot value was ₹1,20,000.
What was the issue size of Nupur Recyclers IPO?
The total issue size was ₹34.20 crore.
What was the face value of Nupur Recyclers shares?
The face value was ₹10 per share.
What was the Nupur Recyclers IPO GMP?
GMP figures for this IPO are historical because Nupur Recyclers was listed in December 2021. Grey market premiums are unofficial and should not be considered a guaranteed indication of listing performance.
How to check Nupur Recyclers IPO allotment?
Investors could check the Nupur Recyclers IPO allotment through the IPO registrar, Skyline Financial Services Private Limited.
Check Nupur Recyclers IPO Allotment Status
How to check Nupur Recyclers IPO subscription status?
Historical subscription data for Nupur Recyclers IPO is available on IPOWala.
Check Nupur Recyclers IPO Subscription Status
How to apply for Nupur Recyclers IPO through Zerodha?
The Nupur Recyclers IPO closed in December 2021, so investors cannot apply for this IPO now. For historical reference, IPO applications through supported brokers generally required investors to select the IPO, enter the bid quantity and price, provide their UPI details, and approve the UPI mandate.
