IPO

IPO Synopsis
Nupur Recyclers Ltd
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 Rs60.00-0.00 Rs0.00-0.00
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 Rs60.00  
 
Projects
Working Capital RequirementGeneral Corporate Purposes
Promoted By
Rajesh Gupta
Anoop Garg
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt