Sunlite Recycling IPO Subscription Status: Sunlite Recycling IPO is Open on 12 August 2024 and Close on 14 August 2024. Sunlite Recycling IPO to Raise 28,80,000 shares (Approx ₹28.80 – 30.24 Cr) via IPO. The Offer For Sale is 28,80,000 shares (Approx ₹28.80 – 30.24 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Sunlite Recycling IPO is an SME IPO and Listed on NSE SME. Sunlite Recycling IPO Price Band is Fixed at ₹105 Equity Share. Sunlite Recycling IPO Lot Size is 1200 Shares.
Also Read: Sunlite recycling industries IPO details. Date, Price, GMP, Review
Sunlite Recycling IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
5,46,000
5,95,44,000
109.05
Non Institutional Buyers (NIIs)
4,10,400
23,97,13,200
584.10
Retail Individual Buyers (RIIs)
9,56,400
24,10,12,800
252.00
Anchor Investor
8,18,400
8,18,400
1
Market Maker
1,48,800
1,48,800
1
Total
19,12,800
54,02,70,000
282.45
Sunlite Recycling IPO Subscription Status day-by-day-
Categories
12 Aug
13 Aug
14 Aug
QIB
2.62
6.12
109.05
NII
8.39
24.02
584.10
RII
11.67
41.68
252.00
Total
8.38
27.74
282.45
About IPO :
Sunlite Recycling are engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries.
Further, we are also engaged in providing job work services for processing of various products of copper. We employ an internal quality control mechanism to ensure that our finished
product conforms to the exact requirement of our customers. engaged in manufacturing copper rods, wires, bars, strips etc.
Products List :-
- Oxygen Free Copper Rods
- Fire-Refined High Conductivity Copper Rods
- Copper Wires
- Copper Earthing Wire
- Copper Conductors
- Copper Submersible Wires
- Copper Earthing Strips
Our approach involves recycling copper scrap utilizing electricity sourced from solar generation and clean natural gas, thus mitigating the pollution associated with conventional oil-based energy sources. Copper is one of the most recycled metals of all the metals.
The recycling of copper scrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires much less energy than its recovery made from primary source. Besides, it enables conservation of natural resources.
OUR More Information PRODUCTS :-
- COPPER RODS
- COPPER WIRES
- Copper Earthing Wires
- Copper conductors
- Copper Submersible Wires
- COPPER STRIPS
Sunlite Recycling holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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