Nupur Recyclers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,700,000 (47%) | — | ₹1,620 Cr |
| Retail | — | 2,700,000 (47%) | — | ₹1,620 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 5,700,000 (100%) | — | ₹34,200 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Financial Statements Amount in Crore
| Metric | 30-Jun-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 39 | 105 | 13 |
| Profit After Tax | 7 | 10 | 0 |
| Total Assets | 33 | 25 | 9 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet out the Working Capital requirements of the Company – 26.00
- 2 To meet out the General Corporate Purposes – 6.49
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 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