The Sunlite Recycling IPO minimum market lot is 1200 shares with ₹126,000 application amount. The Sunlite Recycling IPO is a SME IPO, and it is to be listed on NSE.
Sunlite Recycling Industries is engaged in the business of manufacturing copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars, etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, They are also engaged in providing job work services for the processing of various products of copper. They employ an internal quality control mechanism to ensure that their finished product conforms to the exact requirements of their customers.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sunlite Recycling IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 2.62 | 6.12 | 109.05 |
| NII | 8.38 | 23.95 | 584.10 |
| RII | 11.56 | 41.41 | 252.00 |
| Total | 8.32 | 27.59 | 282.45 |
Sunlite Recycling IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sunlite Recycling IPO Review
- Avoid
Sunlite Recycling IPO Form
How to apply for the Sunlite Recycling IPO? You can apply for Sunlite Recycling IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sunlite Recycling IPO in the Invest section. The other option is you can apply for Sunlite Recycling IPO via IPO forms downloaded online. Check out the Sunlite Recycling forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
