Nupur Recyclers IPO is all set to make its debut on 13th Dec 21 with 34.20 Cr is mainly engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer.
Nupur Recyclers IPO – overview
| IPO Dates | 13-15 Dec 2021 |
| IPO Price | INR 60 per share |
| Fresh issue | 5700,000 shares (INR 34.20 crore) |
| Offer For Sale | Nil |
| Total IPO size | 5700,000 shares (INR 34.20 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
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 aluminum 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. It’s 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 most of its revenue from Zurik products.
Competitive Strengths:
- Positive cash flow of the company ·
- Excellent network management & logistics
- Experienced and professional team
Objectives 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.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 251.99 | 93.66 | 28.46 |
| Total Revenue | 1,049.72 | 132.14 | 9.06 |
| Profit After Tax | 100.05 | 0.32 | 0.11 |
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/
Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Lead Manager(s)
- Corporate CapitalVentures Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
