Sunlite Recycling Industries Limited IPO
Sunlite Recycling Industries Limited was a SME IPO in the Aluminium Copper & Zinc Products sector, offered at ₹100–₹105 per share to raise ₹30 crore. It listed on 20 Aug 2024 at ₹200 and closed its first day at ₹209, a listing gain of +99.5% versus the ₹105 issue price. It now trades around ₹650 (+518.7% versus the issue price).
Frequently asked questions
- What were the Sunlite Recycling Industries Limited IPO listing gains?
- Sunlite Recycling Industries Limited listed on 20 Aug 2024 at ₹200, closing its first day at ₹209 — a listing gain of +99.5% versus the ₹105 issue price.
- What was the price band and lot size of the Sunlite Recycling Industries Limited IPO?
- The price band was ₹100–₹105 per share, with a minimum lot of 1,200 shares (₹1,26,000 at the upper band).
- Who were the registrar and lead manager for the Sunlite Recycling Industries Limited IPO?
- Cameo Corporate Services Limited was the registrar, and HEM Securities was the book-running lead manager.