Listed Price₹199.50
Listing Gain+90.00%
Price Band₹100 - ₹105
Lot Size1,200 shares
Min Bid₹1,26,000
Subscription282.53x
Listed Market Snapshot
₹199.50Listed price from market data
+90.00%listing gain
Issue Amount
₹30.24 Cr
Listed Price
₹199.50
Current Price
₹464.05
Registrar
Cameo Corporate Services Limited
Timeline•Bookbuilding IPO
Open12 Aug 2024
Close14 Aug 2024
Allotment16 Aug 2024
Listing20 Aug 2024
Quota Reservation Portions
RetailPortion: 9,56,400 shares
33.2%Nii (hni) Portion: 4,10,400 shares
14.25%AnchorPortion: 8,18,400 shares
28.42%QIBPortion: 5,46,000 shares
18.96%Market MakerPortion: 1,48,800 shares
5.17%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,26,000HNI2 lots / 2,400 shares
₹2,52,000About the Company
Sunlite Recycling Industries Limited, founded in 2012, specializes in manufacturing copper rods, wires, earthing strips, and conductors by recycling copper scrap for industries like power generation, transmission, and electronics. With a 12,152 sq. metre facility in Kheda, Gujarat, equipped with over 20 machines, the company offers a diverse range of copper products in various grades and specifications. As of March 2024, Sunlite Recycling Industries reported a revenue of Rs. 85,168.31 lacs and operated with a dedicated team of 38 employees.
Company Promoters
Nitin Kumar HedaPrahladrai Ramdayal HedaKhushboo Manishkumar Heda
Lead Managers
Registrar
Cameo Corporate Services Limited