Support

Nupur Recyclers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Nupur Recyclers Ltd IPO

Registered Office: Plot No.5 G/F Kh No.12/8& 12/9,Kh-12 Arjun Gali North East , Delhi - 110093 , Delhi , India.
Phone : 91-8882704751   Fax:
Email :  compliance@nupurrecyclers.com  
Website :  www.nupurrecyclers.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-21 15-Dec-21 (Rs)60.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 32.49
Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 34.20  
Post Issue Equity Share Capital 20.80  
Issue Price (Rs)60.00  
 
Projects
Working Capital RequirementGeneral Corporate Purposes
Promoted By
Rajesh Gupta  
Anoop Garg  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt