Nupur Recyclers IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 17, 2022Let’s have a detailed review of the company and analytics of the Nupur Recyclers IPO release date, IPO offer price, subscription, Nupur Recyclers Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 60 |
| Listing At | NSE Emerge |
| Min. Order Quantity | 2000 Shares |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 3420 Lakh |
| IPO Size | Rs 3420 Lakh |
| Tick Size | 1 |
Nupur Recyclers IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Nupur Recyclers IPO – Summary
Their Company was incorporated as a private limited company namely “Nupur Recyclers Private Limited” under the Companies Act, vide certificate of incorporation dated January 22, 2019, issued by Registrar of Companies, NCT of Delhi and Haryana bearing registration no 344788.
Further, Their Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of their Company at the Extra Ordinary General Meeting held on September 20, 2021, & name of their Company changed from Nupur Recyclers Private Limited to Nupur Recyclers Limited
The Promoter of this company is MR. RAJESH GUPTA AND MR. ANOOP GARG. The lead manager to the issue is CORPORATE CAPITAL VENTURES PRIVATE LIMITED, and the Registrar to this issue is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.
Nupur Recyclers IPO Date
The opening and the closing date of Nupur Recyclers IPO are Dec 13, 2021, and Dec 15, 2021, respectively.
Nupur Recyclers IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 13th Dec | 6.52x | 1.65x | 4.09x |
| 2nd Day – 14th Dec | 9.08x | 6.40x | 7.74x |
| 3rd Day – 15th Dec | 53.12x | 34.23x | 43.67x |
| Shares Offered or Net Issue | 2,700,000 | 2,700,000 | 5,400,000 |
The shares subscribed by the public will be updated here.
Check Nupur Recyclers IPO LIVE Subscription
- Nupur Recyclers IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Nupur Recyclers IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Nupur Recyclers Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Nupur Recyclers IPO Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.60
Nupur Recyclers IPO Size
This Initial Public Issue of 57,00,000 Equity Shares of Rs.10 each for cash at a price of Rs.60 per equity share aggregating to Rs.3420 Lakh.
Nupur Recyclers IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 5,700,000 Equity Shares of Rs.10/ each.
Issue Size: 57,00,000 Equity Shares of Rs.10 each, aggregating to Rs.3420 Lakh
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Nupur Recyclers IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Nupur Recyclers Share Price |
Nupur Recyclers IPO Grey Market Premium
The Nupur Recyclers Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Nupur Recyclers IPO – Company Overview
Nupur Recyclers is growing in the field of import of non-ferrous metal scrap such as shredded Zinc Scrap, Zinc die cast scrap, Zurik SS scrap, and Aluminium Zorba grades. It is also involved in the trading of these metals. It processes materials from recyclables such as metal or scrap to make the earth healthy.
Also, it develops efficient recycled products and works with the customers to give them quality products. It processes a different range of materials with the pieces of equipment and works with the customers to give them quality products.
They work as a crucial business interface, networking between manufacturers/processors/yards and consumers/traders across the country. They pursue business based on quality contacts, information, and service.
Their Product Portfolio offers a diversified product range which includes a variety of grades, thicknesses, widths, and standards of all types of Non-ferrous Metals according to customer specifications. They have been conscious of addressing environmental and safety concerns and their stocking facilities.
Nupur Recyclers IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-June-21 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 3,307.13 | 2,519.90 | 936.66 | 284.66 |
| *Total Revenue | 3,934.88 | 10,497.22 | 1,321.46 | 90.69 |
| Total Expense | 3,051.50 | 9,154.44 | 1,316.96 | 89.12 |
| Profit After Tax | 664.39 | 1,000.52 | 3.28 | 1.12 |
Earnings per Equity Share (in Lakh)
| 30-June-21 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 4.40 | 6.63 | 0.02 | 0.01 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 1,000.52 Lakh, Rs. 3.28 Lakh, and Rs. 1.12 Lakh respectively.
Nupur Recyclers IPO – Promoters
The Promoter of this company is:
- MR. RAJESH GUPTA
- MR. ANOOP GARG
List of Related Parties (Key Managerial Personnel)
- Rajesh Gupta, Managing Director
- Devender Kumar Poter, Director
- Nupur Gupta, Director
- Bharat Bhushan Mithal, Independent Director
- Gurjeet Kaur, Independent Director
Nupur Recyclers IPO – Promoters Holding
- Pre Issue Share Holding – 99.90%
- Pos Issue Share Holding – 72.52%
Nupur Recyclers IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 57,00,000 Equity Shares aggregating up to Rs.3420 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 1,51,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | 2,08,00,000 Equity Shares |
Nupur Recyclers IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet out the Working Capital requirements of the Company;
2. To meet out the General Corporate Purposes; and
3. To meet out the Issue Expenses.
Nupur Recyclers IPO – Business Strategy
- Enhance customer base by entering new geographies
- Leveraging their Market skills and Relationships
- Focus on quality
Nupur Recyclers IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Company‟s core business
- Qualified & Experienced Team
- Customers Base
- Geographic exposure
- Competitive Advantage
- Corporate Governance
- Industry Growth Trends
- Wide Product Range
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| Period ended on June 30, 2021 |
4.40 | 0.40 | 11.06 |
| 31-Mar-21 | 6.63 | 0.99 | 6.66 |
| 31-Mar-20 | 0.02 | 0.61 | 0.04 |
| Mar-19 | 0.01 | 0.53 | 0.01 |
Nupur Recyclers IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total PAT (Rs. in Crores) | |
| Nupur Recyclers Limited | 10 | [●] | 0.03 | 1.11 | 1.68 |
| Listed Peers | |||||
| Rajnandini Metal Limited | [●] | [●] | [●] | [●] | [●] |
Nupur Recyclers IPO Lead Managers
| Lead Managers |
| CORPORATE CAPITAL VENTURES PRIVATE LIMITED SEBI Registration No.: INM000012276 (Validity: Permanent) 160 (Basement), Vinoba Puri Lajpat Nagar -II New Delhi 110024 Tel: +91 11 – 41704066; Fax: +91 11 – 41704066 Contact Person: Mr. Kulbhushan Parashar Email: kp@ccvindia.com ; Website: www.ccvindia.com |
Nupur Recyclers IPO Registrar to offer
| Registrar to the Offer |
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED SEBI Registration No.: INR000003241 D-153 A, 1st Floor, Okhla Industrial Area, Phase – I , New Delhi-110020 Tel No: +91- 11-40450193-97; Fax No: +91-11-26812683 Contact Person: Ms. Sarita Singh Email: compliances@skylinerta.com; Website: www.skylinerta.com |
Nupur IPO – Other Details
- Statutory Auditor – M/s P. Sahni & Associates, Chartered Accountants
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Nupur Recyclers IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Nupur Recyclers Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Nupur Recyclers IPO Review FAQs
Ques – What is the Issue Size of Nupur Recyclers IPO?
Answer – The Company is making an initial public offer of 57,00,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Nupur IPO?
Answer – The price band for this particular IPO ranges between Rs 60. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Nupur Recyclers IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Dec 13, 2021, while the closing date is set at Dec 15, 2021.
Ques – What is the Nupur Recyclers IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Nupur Recyclers IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Nupur IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. SKYLINE FINANCIAL SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Nupur IPO?
Answer – Here are the promoters of this IPO – MR. RAJESH GUPTA AND MR. ANOOP GARG. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Nupur IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Nupur IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Nupur Recyclers Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 1,000.52, 2020 is 3.28, 2019 is 1.12. PAT from June 2021 is 664.39.
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