:::LALKAR GROUP::::

Sunlite Recycling Industries Ltd

Registered Office: Survey No. 270A & Plot No. 267,Chhatha Mile Dantali Vaso, Kheda - 387350, Gujarat, India.
Phone : +91 92651 11757 Fax:
Email : cs@sunliteindustries.com
Website : www.sunliteindustries.com

Initial public offer of upto 28,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Sunlite Recycling industries limited ("The Company" or "The Issuer") at an issue price of Rs. 105 per equity share (including share premium of Rs. 95 per equity share) for cash, aggregating up to Rs. 30.24 crores ("Public Issue") out of which 1,48,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 105 per equity share for cash, aggregating Rs. 1.56 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 27,31,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 105 per equity share for cash, aggregating upto Rs. 28.68 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.10% respectively of the post-issue paid-up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
12-Aug-24	14-Aug-24	105.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	27.10	Hem Securities Ltd
Project Financed through Current Offer	30.24
Post Issue Equity Share Capital	10.88
Issue Price	105.00

Projects

Funding of capital expenditure towards installation of new plant & machinery	Repayment and /or pre-payment in full or part of certain borrowings availed by the company
General corporate purposes

Promoted By

Nitin Kumar Heda

Prahladrai Ramdayal Heda

Khushboo Manishkumar Heda

Listing At

NSE - SME

Registrar to the Issue

No Data Available