Issue Price
₹105
Per Share
GMP
NIL
Grey Market
Est. Listing
₹105
Expected Price
Min. Application
₹252,000
2 lots × 1200 shares
Sunlite Recycling Industries Limited was established in 2012 and manufactures copper rods and wires, copper earthing wires, copper earthing strips, copper conductors, copper wire rods etc. by recycling copper scrap for power generation, transmission, distribution and electronics industries.The company's product portfolio offers a diversified product range that includes a variety of grades, thicknesses, widths and standards in all types of copper products according to customer specifications.Sunlite Recycling Industries currently has a registered office and manufacturing facility in Kheda, Gujarat, with a total area of approximately 12,152 square metres and over 20 machines for manufacturing a wide range of copper products.The company recorded a total revenue from operations of Rs. 85,168.31 lacs and employed 38 people as on March 31, 2024.
Sunlite Recycling Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 148,800 | — | ₹1.56 Cr | — |
| TOTAL | 2,880,000 | 100.00% | ₹30.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| sNII (Min) | 14 | 16,800 | ₹1,764,000 |
| bNII (Min) | 68 | 81,600 | ₹8,568,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 116655.09 | 115039.91 | 93791.80 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 890.36 | 560.27 | 426.03 |
| Net Worth | 2003.90 | 362.08 | 1158.58 |
| Total Assets | 6321.24 | 7162.56 | 4802.05 |
| Reserves & Surplus | 1203.90 | 312.08 | N/A |
| Total Borrowings | 3491.74 | 4646.82 | 2532.38 |