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Sunlite Recycling Industries Limited IPO Review

sunlite recycling industries limited ipo manufacture copper products like rods, wires, earthing wires, strips, & conductors by the recycling copper scrap. Sunlite Recyling products are used in power generation, transmission, distribution, and electronics. Additionally, they offer job work services where customers supply copper scrap, and they process it into copper wires and rods according to their specifications.

sunlite recycling industries ltd began Their business in 2012 as a sole proprietorship, initially making only oxygen-free copper rods, They expanded by the adding a new shed & installing a copper strip machine from China, which allowed them to start producing copper strips as well. By 2017-18, they bought a wire-drawing machine to manufacture copper wires. After partnering with another firm, they purchased a Copper CCR Machine in 2020, which greatly increased Their revenue.

Sunlite Recycling Industries Limited Products and Services

sunlite recycling industries limited ipo product portfolio offers a wide range of different grades, sizes, widths and standards. Different brass products according to specific customers. They prioritize environmental and safety considerations in their brass. sunlite recycling industries private limited Manufacturing Process. In Their method, copper scrap is recycled and cleaned using electricity generated from solar energy, Natural gas, thereby reducing pollution associated with conventional oil-fired energy. Copper is one of the recycled types Iron in all metals.

sunlite recycling industries limited ipo review Strengths are Strong portfolio & diverse range of the copper products, and Stringent quality control mechanism ensuring and standardized product quality, Experienced Senior Management, Their Strategies are Continue to invest in Their technological capabilities, Enhancing brand image & meeting quality standards, Expand Their geographical presence, Strong and diversified supplier base raw material.

Financial Overview  

The company continues to operate in a highly competitive and fragmented sector. It experienced an increase in its top score during the reporting period. Based on FY24 earnings, the transaction seems quite expensive. Considering how it works, investors can invest for the long term.