Sunlite IPO

Sunlite Recycling Industries Ltd

₹1,20,000 /1200 sharesMinimum Investment

Sunlite IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹105.00₹199.50₹94.50 (90.00%)

Sunlite IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Aug ‘24 - 14 Aug ‘24₹1,20,0001,200₹100 - ₹105
Issue SizeIPO Doc
30.24Cr
RHP PDF

Subscription rate

As of 14 Aug'24, 05:00 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor0.00x
Retail Individual Investor0.00x
Total255.28x

About Sunlite

Sunlite Recycling Industries is a manufacturer of copper products. The company manufactures copper rods, wires, earthing wires, earthing strips, conductors, and wire bars. These products are made from recycled copper scrap, which possesses the necessary electrical and mechanical properties for use in the power generation, transmission, distribution, and electronics industries. The company is also involved in offering job work services for processing copper products. Sunlite Recycling Industries' product portfolio features a range of grades, thicknesses, and widths.;
Founded in
2017
Managing director
Mr. Nitin Kumar Heda
Parent organisation
Sunlite Recycling Industries Ltd

Strengths & Financials of Sunlite

Strengths
Risks
Sunlite Recycling Industries’ revenue from operations and profit after tax (PAT) have risen steadily over the last few years. While revenue climbed from Rs 393.88 crore in FY21 to Rs 937.19 crore in FY22 to Rs 1,150.19 crore in FY23, PAT increased from Rs 2.52 crore in FY21 to Rs 4.26 crore in FY22, reaching Rs 5.60 crore in FY23.
The company produces a wide variety of copper products, including copper rods, wires, earthing wires, earthing strips, conductors, and wire bars. This diversity in production allows Sunlite Recycling Industries to meet a broad range of customer needs and industry demands.
The company holds ISO 9001:2015 certification for quality management systems.

Sunlite Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Sunlite IPO

Apply asPrice bandApply upto
Regular100 - 105₹2 Lakh
High Networth Individual100 - 105₹2 - 5 Lakh
For Sunlite IPO, eligible investors can apply as Regular.
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