Nupur Recyclers Ltd. has announced public offering of 5700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 3,420.00 lakhs.

The company's initial public offer (IPO) will open on 13 December 2021 and is expected to close on 15 December 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 5700000 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at shares with bids in multiples of .

Nupur Recyclers Ltd. anticipates using the proceeds of the issue for

To meet out the Working Capital requirements of the Company

To meet out the General Corporate Purposes

To meet out the Issue Expenses.

Corporate Capitalventures Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.