Contents
Sunlite Recycling Industries IPO GMP today is ₹61 and the expected listing price of the SME IPO is ₹166. Here we update you about Sunlite Recycling Industries SME IPO GMP daily. Also, update all Grey Market-related updates subject to Souda estimate listing price and listing gain.
Please note that GMP (Grey Market Premium) is an unofficial market. So before investing in Sunlite Recycling Industries IPO be careful. We do not recommend that you invest in Sunlite Recycling Industries IPO only shows the Gray Merkate Premium.
How to invest in IPO properly, to get the answer you may visit – ipogmptoday.in
Sunlite Recycling Industries IPO GMP Today & Day-wise
| GMP Date | IPO Price | GMP | Sub To Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 16-08-2024 | ₹105 | ₹61 | 55600 | ₹166 (58.1%) | 16-Aug-2024 14:23 |
| 15-08-2024 | ₹105 | ₹60 | 54700 | ₹165 (57.14%) | 15-Aug-2024 23:23 |
| 14-08-2024 | ₹105 | ₹60 | 54700 | ₹165 (57.14%) | 14-Aug-2024 23:21 |
| 13-08-2024 | ₹105 | ₹50 | 45600 | ₹155 (47.62%) | 13-Aug-2024 23:08 |
| 12-08-2024 | ₹105 | ₹40 | 36500 | ₹145 (38.1%) | 12-Aug-2024 23:22 |
| 11-08-2024 | ₹105 | ₹20 | 18200 | ₹125 (19.05%) | 11-Aug-2024 23:21 |
| 10-08-2024 | ₹105 | ₹20 | 18200 | ₹125 (19.05%) | 10-Aug-2024 23:35 |
| 09-08-2024 | ₹105 | ₹20 | 18200 | ₹125 (19.05%) | 09-Aug-2024 23:30 |
| 08-08-2024 | ₹105 | ₹15 | 13700 | ₹120 (14.29%) | 08-Aug-2024 23:25 |
Description of Columns:
- GMP Date: The date of the GMP update.
- IPO Price: The issue price of the IPO.
- GMP: The Grey Market Premium for the day.
- Sub To Sauda Rate: The rate for the secondary market deals.
- Estimated Listing Price: The expected price on the listing day.
- Last Updated: The date and time when the data was last updated.
Sunlite Recycling Industries SME IPO Date
Sunlite Recycling Industries Limited SME IPO is open for subscription on August 12, 2024, and closes on August 14, 2024.
| Event | Date | Details |
|---|---|---|
| IPO Opening Date | August 12, 2024 | Investors can start subscribing to the IPO on this date. |
| IPO Closing Date | August 14, 2024 | Investors must subscribe to the IPO by this date. No subscriptions will be accepted after this deadline. |
| Basis of Allotment | August 16, 2024 | This process will allocate shares to investors based on demand and other factors. |
| Refunds Initiation Date | August 19, 2024 | If necessary, refunds to investors who didn’t receive full allotment will begin on this date. |
| Shares Credited to Demat Accounts | August 19, 2024 | Allocated shares will be credited to investors’ Demat accounts on this date. |
| Listing Date | August 20, 2024 | Shares will become available for trading on the stock exchange on this date. |
FAQs Of Sunlite Recycling Industries IPO GMP Today & Day-wise
The Sunlite Recycling Industries IPO is a book-built issue aiming to raise ₹30.24 crores through a fresh issue of 28.8 lakh shares. It opens for subscription from August 12, 2024, to August 14, 2024.
The price band for the IPO is set between ₹100 and ₹105 per share.
Retail investors need to apply for a minimum of 1,200 shares, which requires an investment of ₹126,000.
The minimum lot size for the Sunlite Recycling Industries IPO is 1,200 shares.
The allotment results for the Sunlite Recycling Industries IPO are expected to be finalized on Friday, August 16, 2024.
The shares of Sunlite Recycling Industries Limited are expected to be listed on the NSE SME on Tuesday, August 20, 2024.
Hem Securities Limited is the book-running lead manager for the Sunlite Recycling Industries IPO.
As of today, the Grey Market Premium (GMP) for the Sunlite Recycling Industries IPO is ₹0, with an expected listing price of ₹105.
For FY2023, Sunlite Recycling Industries reported a revenue of ₹85,168.31 lakhs, EBITDA of ₹1,327.24 lakhs, and a profit after tax (PAT) of ₹599.93 lakhs. The Return on Net Worth (RoNW) stands at 154.74%, and the Net Asset Value (NAV) is ₹9.05 per share.
Sunlite Recycling Industries manufactures various copper products, including copper rods, wires, earthing wires, earthing strips, and conductors, primarily from recycled copper scrap.
Investors should be aware of risks such as market volatility, competition within the recycling industry, and the company’s dependency on the availability of raw materials.
Investors can apply for the IPO through their brokerage accounts or UPI-enabled applications, ensuring they meet the minimum lot size requirements.
For detailed guidance on how to invest in IPOs, please visit ipogmptoday.in.
