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Open
12 Aug 2024
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Close
14 Aug 2024
3
Allotment
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Listing
Tue, Aug 20, 2024
Price Band
₹100 to ₹105
Issue Size
28,80,000 shares (agg. up to ₹30 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Aug 20, 2024
Latest GMP
₹79
Est. Gain
75.24%
✦ AI Insight
GMP Trend
20-08-2024₹79Est. ₹184+75.24%
19-08-2024₹79Est. ₹184+75.24%
18-08-2024₹67Est. ₹172+63.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 207.95x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 63.21 | 71.63 | 48.02 | 37.43 |
| Total Income | 1,166.55 | 1,150.40 | 937.92 | 394.01 |
| Profit After Tax | 8.90 | 5.60 | 4.26 | 2.53 |
| NET Worth | 20.04 | 3.62 | 11.59 | 6.22 |
| Reserves and Surplus | 12.04 | 3.12 | ||
| Total Borrowing | 34.92 | 46.47 | 25.32 | 17.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajputana Industries Ltd. | SME | ₹23.88 Cr | ₹38 | 11.81 | ₹75.80 | +99.47% | ₹79.15 (+4.70%) |
| Aluwind Architectural Ltd. | SME | ₹29.70 Cr | ₹45 | 30.41 | ₹47.25 | +5.00% | ₹45.10 (-3.01%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards installation of new Plant & Machinery | 4.05 |
| 2 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company | 15.80 |
| 3 | General Corporate Purpose | 7.26 |
About Sunlite Recycling Industries IPO
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.+ Read More
Contact Details
Sunlite Recycling Industries Ltd. AddressSurvey No.270A & Plot No.1Survey No.267, Chhatha MileDantali, VasoKheda, Gujarat, 387350+91-9265111757cs@sunliteindustries.comVisit Website