Sunlite Recycling Industries Ltd IPO
Price Range
₹100 - ₹105
-
Min. Quantity
1,200 Shares
Closes on
14 August 2024
-
Min. investment
₹1,26,000
Sunlite Recycling Industries Ltd IPO Timeline
| Event | Date |
|---|---|
| Sunlite Recycling Industries Ltd IPO Opening Date | 12 August 2024 |
| Sunlite Recycling Industries Ltd IPO Closing Date | 14 August 2024 |
| Basis of Allotment | 16 August 2024 |
| Initiation of Refunds | 16 August 2024 |
| Credit of Shares to Demat | 19 August 2024 |
| Sunlite Recycling Industries Ltd IPO Listing Date | 20 August 2024 |
Sunlite Recycling Industries Ltd IPO Details
| Sunlite Recycling Industries Ltd IPO Date | 12 August 2024 to 14 August 2024 |
| Sunlite Recycling Industries Ltd IPO Face Value | ₹10 per share |
| Sunlite Recycling Industries Ltd IPO Price | ₹100 to ₹105 per share |
| Sunlite Recycling Industries Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.24 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.24 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nitin Kumar Heda, Prahladrai Ramdayal Heda, Khushboo Manishkumar Heda |
Sunlite Recycling Industries Ltd IPO Lot Size
The Sunlite Recycling Industries Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,26,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,26,000 |
| Maximum | 1 | 1,200 | ₹1,26,000 |
- Strengths
- Risks
- Opportunities
- Strong portfolio and diverse range of copper products.
- Stringent quality control mechanism ensuring standardized product quality.
- Revenue from multiple geographies in India.
- Experienced Senior Management.
Company Financials
Sunlite Recycling Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 94.41 | 1,397.11 | 14.27 |
| 03-2024 | 61.35 | 1,166.55 | 8.94 |
| 03-2023 | 71.63 | 1,150.4 | 5.60 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure towards installation of new plant & machinery
- Repayment and /or pre-payment in full or part of certain borrowings availed by the company
- General corporate purposes
Sunlite Recycling Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50% |
| Post Issue Share Holding | 36.76% |
Sunlite Recycling Industries Ltd IPO Subscription Status (Bidding Detail)
The Sunlite Recycling Industries Ltd IPO is subscribed 262.1356 times on 14 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 262.1356 |
Sunlite Recycling Industries Ltd IPO Prospectus
Sunlite Recycling Industries Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0U2N01013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Survey No. 270A & Plot No. 267Chhatha Mile Dantali Vaso,Kheda-387350
Phone: +91 92651 11757
Email: cs@sunliteindustries.com
Website: www.sunliteindustries.com
Sunlite Recycling Industries Ltd IPO Registrar
Sunlite Recycling Industries Ltd IPO Lead Manager(s)
- Hem Securities Ltd
How to Check the Allotment Status of Sunlite Recycling Industries Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Sunlite Recycling Industries Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Sunlite Recycling Industries Ltd IPO
Sunlite Recycling Industries Limited was originally formed as Partnership Firm in the name and style of 'M/s. Sunlite Industries, pursuant to a Deed of Partnership dated September 28, 2017. Later on, 'M/s Sunlite Industries' was converted from Partnership Firm to a Private Limited Company with the name and style of 'Sunlite Alucop Private Limited' and received a Certificate of Incorporation dated August 04, 2022 issued by the Registrar of Companies. Further, the name changed from 'Sunlite Alucop Private Limited' to 'Sunlite Recycling Industries Private Limited' through a fresh Certificate of Incorporation dated January 18, 2024. Subsequently, Company was converted into a Public Limited Company and the name was recognized as 'Sunlite Recycling Industries Limited' vide a fresh Certificate of Incorporation dated April 30, 2024 issued by the Registrar of Companies, Central Processing Centre.
FAQ
What is the issue size of Sunlite Recycling Industries Ltd IPO?
I have pre-applied for Sunlite Recycling Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.