Sunlite Recycling Industries Limited IPO

Founded in 2012, Sunlite Recycling Industries Limited manufactures a range of copper products, including rods, wires, and earthing strips, by recycling copper scrap. Serving the power and electronics sectors, the company offers products in various grades and specifications. Located in Kheda, Gujarat, its facility spans 12,152 square meters and features over 20 machines. As of March 31, 2024, Sunlite reported revenue of Rs. 85,168.31 lacs and employed 38 people.

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The company plans to use the IPO proceeds for: Installing new plant and machinery. Repaying or pre-paying some of its borrowings. General corporate purposes. Read more

How do I apply for the Sunlite Recycling Industries IPO?

You can apply for the Sunlite Recycling Industries IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.