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IPO Details


Sunlite Recycling Industries Ltd
Registered Office: Survey No. 270A & Plot No. 267, Chhatha Mile Dantali Vaso, Kheda - 387350, Gujarat
Phone: +91 92651 11757
Email: cs@sunliteindustries.com
Website: www.sunliteindustries.com
Initial public offer of upto 28,80,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Sunlite Recycling industries limited (The Company or The Issuer) at an issue price of Rs. 105 per equity share (including share premium of Rs. 95 per equity share) for cash, aggregating up to Rs. 30.24 crores (Public Issue) out of which 1,48,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 105 per equity share for cash, aggregating Rs. 1.56 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 27,31,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 105 per equity share for cash, aggregating upto Rs. 28.68 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and 25.10% respectively of the post-issue paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Aug-2024 14-Aug-2024 105.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
()Cr. Lead Managers to the Issue
Project Cost 27.10 Hem Securities Ltd
Project Financed through Current Offer 30.24
Post Issue Equity Share Capital 10.88
Issue Price 105.00
Projects
Funding of capital expenditure towards installation of new plant & machinery
Repayment and /or pre-payment in full or part of certain borrowings availed by the company
General corporate purposes
Promoted By
Nitin Kumar Heda
Prahladrai Ramdayal Heda
Khushboo Manishkumar Heda
Listing At
NSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)