HomeIPO SMENupur Recyclers IPO Details

Nupur Recyclers IPO Details

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Nupur Recyclers IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents


Allotment Status

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About Nupur Recyclers

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 trading of these metal. It processes materials from recyclables’ such as metal or scrap to make the earth healthy. It develops efficient recycled products and work with the customers to give them quality products.

The company processes a different range of materials with the pieces of equipment and work with the customers to give them quality products. With the promoter’s experience of over three decades in the sphere of trading of Scrap of non ferrous metal, Copper, Zinc, Zuric, Aluminium, lead, magnesium Brass, zinc ingot and various other metals.

The company understands current market trends and demand that has enabled us to cater various industries such as manufacturing units, industries, automobile & engineering industry. Dedicated employees forming the part of the Company, the company has grown from strength to strength under the dynamic leadership of the promoters and directors. The combined experience has propelled the company to source and cater to the specific needs of various customers.

Important Details – Nupur Recyclers

January 22, 2019The company was originally incorporated as a private limited company in the name and style of “Nupur Recyclers Private Limited”
September 20, 2021The company was converted into public limited company and name of the company was changed to “Nupur Recyclers Limited”

Objects 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

Nupur Recyclers Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,519.91 936.66 284.66
Total income 10,497.22 1,321.46 90.69
Total Expenses 9,154.44 1,316.96 89.12
Profit After Tax 1,000.52 3.28 1.12

Nupur Recyclers IPO Price – Details

DescriptionNRL IPO Details
Public IssueInitial Public Issue of upto 57,00,000 equity shares of ₹ 10 (aggregating up to ₹ 3420.00 lakhs) 
Issue Open  Date13-Dec-21
Issue Close Date15-Dec-21
Issue TypeFixed Price
IPO Price Band₹ 60
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Nupur IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,20,000
Maximum12000₹ 1,20,000

Nupur IPO Lead Managers

  • Corporate Capitalventures Private Limited

Nupur IPO Registrar

  • Skyline Financial Services Private Ltd

Nupur Recyclers IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on13-Dec-21
Bid / Offer Closes on16-Dec-21
Finalisation of Basis of Allotment
Initiation of refunds 
Credit of the Equity Shares
Listing Date

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
PAT (Rs.
In Lakh)
(₹ per share)
Nupur Recyclers Limited104.4664.3911.06
Rajnandini Metal Limited103.97157.7510.62

Company Registered Office

Plot No. 5, G/F, Kh No. 12/8 & 12/9 Kh-12,
Arjun Gali, New Mandoli Industrial Area,
Near Shri Ram Bal Bharti Public School,
North East Delhi-110093
Website: www.nupurrecyclers.com

Company Promoters

  • Mr. Rajesh Gupta and
  • Mr. Anoop Garg

Nupur Recyclers IPO – FAQS

What is the Nupur Recyclers IPO Price?

The Nupur Recyclers IPO price band is 60 per share

When Nupur Recyclers IPO will open?

The Nupur Recyclers IPO opens on Dec 13, 2021 and closes on Dec 16, 2021

What is the lot size of Nupur Recyclers IPO?

The Nupur Recyclers IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Nupur Recyclers IPO?

The Registrar for Nupur Recyclers IPO is Skyline Financial Services Private Limited

How to apply in Nupur Recyclers IPO through UPI?

Check the step by step process here – Click here

How to apply in Nupur Recyclers IPO through Zerodha?

Check the step by step process here – Click here

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