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Sunlite Recycling Industries IPO Draws Diverse Interest on Day 1 with 7.60x Subscription Rates

Sunlite Recycling Industries' IPO saw a strong Day 1 subscription at 7.60 times, indicating significant market enthusiasm and confidence in its future in the recycling sector.
Sunlite Recycling Industries IPO Draws Diverse Interest on Day 1 with 7.60x Subscription Rates

Sunlite Recycling Industries experienced a robust response on Day 1 of its IPO, with the issue being subscribed 7.60 times. This strong demand underscores the market’s positive reception and confidence in the company’s growth prospects within the recycling industry.

How to check Sunlite Recycling Industries Limited IPO Subscription Status?

Steps to check Sunlite Recycling Industries Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Sunlite Recycling Industries Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Sunlite Recycling Industries Limited IPO Allotment Status

The allotment date for the Sunlite Recycling Industries Limited IPO is set for August 16, 2024, with shares priced at a range of ₹100 to ₹105 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Sunlite Recycling Industries Depot Limited IPO Listing Date 

Sunlite Recycling Industries Limited IPO is expected to be listed on the NSE SME on August 20, 2024.

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