Business Standard

Nupur Recyclers Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

34.20 cr

Price Range (₹)

60

Lot Size

2000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

13-Dec-2021

Close Date

15-Dec-2021

Listing Date

23-Dec-2021

Latest IPO News

    The Shares of Nupur Recyclers Ltd have now been listed.

    Nupur Recyclers Ltd IPO Details

    Initial public offer of 57,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Nupur Recyclers Limited (Company or Issuer) for cash at a price of Rs. 60/- per equity share (including a share premium of Rs. 50/- per equity share) aggregating to Rs. 34.20 crores ('Issue) of which 3,00,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 60/- per equity share aggregating Rs. 1.80 crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 54,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 60/- per equity share, aggregating Rs. 32.40 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 27.40% and 25.96%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 60/- is 6 times of the face value.Bids cans be made for a minimum of 2000 equity and in multiple of 2000 shares thereafter.

    Objective of issue

    Working Capital Requirement. General Corporate Purposes.

    Nupur Recyclers Ltd Contact Details

    Nupur Recyclers Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - compliance@nupurrecyclers.com

    Website - www.nupurrecyclers.com