Sunlite Recycling Industries Limited
NNSE:SUNLITE630.50
INR
+22.30
(+3.67%)
ISIN
INE0U2N01013
Return %
Stock
S&P 500
1Y
264.45
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Nitin Akshaykumar Heda
- Full Time Employees
- 128
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Kheda India
- IPO Date
- Aug 20, 2024
- Website
- sunliteindustries.com
- Similar Companies
- Business
- Sunlite Recycling Industries Limited is an India-based copper manufacturing and recycling company specializing in the processing of copper scrap and the production of high-grade copper rods, wires, and electrical conductors. The company manufactures and supplies a comprehensive portfolio of copper products, including continuous cast copper wire rods; oxygen-free high conductivity copper rods; copper busbars; bare copper wires and stranded conductors; copper strips; copper earthing tapes; copper flats; and customized copper profiles and sections. These products cater to diverse industrial sectors, including power generation and distribution, electrical switchgear and panel manufacturing, transformer fabrication, renewable energy systems, automotive components, telecommunications, and construction engineering. Sunlite Recycling Industries operates integrated recycling, melting, casting, and drawing facilities located in Gujarat, India, utilizing secondary copper scrap and copper cathodes to produce high-purity electrical-grade materials. Founded in 2012, the company is headquartered in Kheda, Gujarat, India, and primarily serves industrial and commercial customers throughout India. In recent corporate developments, the company transitioned to a public entity and completed its initial public offering on the NSE Emerge platform in August 2024 to support capital expenditure, strengthen working capital reserves, and fund facility expansion. Additionally, Sunlite Recycling Industries has expanded its continuous casting and wire drawing capacities to meet growing market demand from the power infrastructure, solar power, and electric vehicle component sectors.