BAJAJ BROKING

Notification
No new Notification messages
Inventurus Knowledge Solutions IPO is Open!
Apply for the Inventurus Knowledge Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Sunlite Recycling Industries Ltd

Mining & Mineral products

Offer Period :

12th to 14th Aug 2024

Established in 2012, Sunlite Recycling Industries Limited manufactures copper rods, wires, earthing wires, strips, Read more... and conductors by recycling copper scrap for power generation, transmission, distribution, and electronics industries. The product portfolio includes various grades, thicknesses, widths, and standards tailored to customer specifications. With a facility in Kheda, Gujarat, spanning 12,152 square meters and equipped with over 20 machines. The company has approx. 38 employees as of March 31.Read less

Sunlite Recycling Industries Ltd IPO Details

IPO Date 12th to 14th Aug 2024 Minimum Investment ₹126000 / 1 Lots
Listing Date 2024-08-20 Maximum Investment ₹126000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹30.24 Crores
Price ₹105 to ₹105 per share Fresh Issue ₹30.24 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 12th to 14th Aug 2024
Listing Date 2024-08-20
Face Value ₹10 per share
Price ₹105 to ₹105 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹126000 / 1 Lots
Maximum Investment ₹126000 / 1 Lots
Total Issue Size ₹30.24 Crores
Fresh Issue ₹30.24 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

12th Aug

IPO Starts

14th Aug

IPO Ends

16th Aug

Allotment Date

16th Aug

Initiation of Refund

19th Aug

Credit of Shares to Demat Account

20th Aug

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 100 73.53
Public Group 0 26.47

Sunlite Recycling Industries Ltd IPO Reservation

QIB Shares Offered 546000(18.96%)
NII (HNI) Shares Offered 410400(14.25%)
Retail Shares Offered 956400(33.21%)
Anchor Investor Shares Offered 818400(28.42%)
Total Shares Offered 2880000
Total Shares With Anchor Investor 2880000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Sunlite Recycling Industries Ltd IPO Registrar

Cameo Corporate Services Ltd
Phone Number +91-44-40020700/28460390
Email Id ipo@cameoindia.com
Our Website www.cameoindia.com

Sunlite Recycling Industries Ltd IPO Lead Manager

1. Hem Securities Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Sunlite Recycling Industries Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Sunlite Recycling Industries Ltd

1. Strong portfolio and diverse range of copper products.

2. Stringent quality control mechanism ensuring standardized product quality.

3. Revenue from multiple geographies in India.

4. Experienced Senior Management.

Risks Involved

1. The company production costs are vulnerable to fluctuations in raw material prices, especially Copper scrap. Currently, the company haven't secured any long-term supply agreements for the raw materials its need.

2. The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of these raw materials due to fluctuations in the prices could have a material adverse effect on its business operations and financial conditions.

3. The company generates its major portion of sales from its operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

4. The company has very short span of operating history as company.

5. Its top 10 and top 5 customers contribute majority of the company revenues from operations for the period ended December 31, 2023 and for the year ended March 31, 2023, 2022 and 2021. Any loss of business from one or more of them may adversely affect its revenues and profitability.

6. Copper wires can be substituted by aluminium wires due to the lower cost and weight of metal which may pose a threat to the core business of the Company impacting the overall profitability.

7. Majority of its revenue is dependent on single business segment i.e. copper rods. An inability to anticipate or adapt to evolving upgradation of products or inability to ensure product quality or reduction in the demand of such products may adversely impact its revenue from operations and growth prospects.

8. The company is a high volume-low margin business. Any disruption in its turnover or failures to regularly grow the same may have a material adverse effect on its business, results of operations and financial condition.

9. The company does not own the registered office & manufacturing unit and marketing office from which the company carry out its business activities. In case of nonrenewal of rent agreements or dispute in relation to use of the said premise, the company's business and results of operations can be adversely affected.

10. Its historical performance is not indicative of the company future growth or financial results and its may not be able to sustain the company historical growth rates.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Sunlite Recycling Industries Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-08-20 93134 SUNLITE
INE0U2N01013
₹105 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹105 ₹105
Open ₹0 ₹199.5
Low ₹0 ₹199.5
High ₹0 ₹209.45
Low ₹0 ₹199.5

Frequently Asked Questions

What is Sunlite Recycling Industries Ltd IPO?

Answer Field

Sunlite Recycling Industries Ltd IPO is a SME IPO of 28,80,000 equity shares of a face value of ₹10 aggregating up to ₹30.24 Crores. The issue is priced at ₹105 to ₹105 per share. The minimum order quantity is 1200 Shares. The IPO opens on August 12, 2024, and closes on August 14, 2024. Cameo Corporate Services Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Sunlite Recycling Industries Ltd IPO will open?

Answer Field

The Sunlite Recycling Industries Ltd IPO opens on August 12, 2024 and closes on August 14, 2024.

What is the lot size of Sunlite Recycling Industries Ltd?

Answer Field

Sunlite Recycling Industries Ltd lot size is 1200 shares, and the minimum amount required is ₹1,26,000.

How to apply for Sunlite Recycling Industries Ltd IPO?

Answer Field

You can apply in Sunlite Recycling Industries Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Sunlite Recycling Industries Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Sunlite Recycling Industries Ltd IPO will be done on August 16, 2024, and the allotted shares will be credited to your demat account by August 19, 2024.

When is Sunlite Recycling Industries Ltd IPO listing date?

Answer Field

The Sunlite Recycling Industries Ltd listing date is August 20, 2024.

Who is the registrar of Sunlite Recycling Industries Ltd IPO?

Answer Field

The registrar of Sunlite Recycling Industries Ltd IPO is Cameo Corporate Services Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Sunlite Recycling Industries Ltd IPO?

Answer Field

The fresh issue size is ₹30.24 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Sunlite Recycling Industries Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,26,000 amount.

How can I approve the UPI mandate request for Sunlite Recycling Industries Ltd IPO?

Answer Field

To apply for Sunlite Recycling Industries Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Sunlite Recycling Industries Ltd?

Answer Field

The price of each Sunlite Recycling Industries Ltd share will be ranging in between ₹105 to ₹105 per share.

What is the cut-off time for the UPI mandate for Sunlite Recycling Industries Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, August 14, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • YASH HIGHVOLTAGE LIMITEDSME IPO

  • Bidding Dates

    12th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹138.0 - 146.0

  • IPO Size

    ₹1,10,01,00,000

  • Apply Now
  • HAMPS BIO LIMITEDSME IPO

  • Bidding Dates

    13th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹51.0 - 51.0

  • IPO Size

    ₹6,22,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text