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Sunlite Recycling Industries Ltd Fundamentals

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Market Cap

180.83 Cr.

Face value

10.00

Book value

55.17

Div. yield

0.000

P/E ratio

12.67

P/B ratio

0.00

Debt/Eq.

-

Market Cap

180.83 Cr.

Face value

10.00

Book value

55.17

Div. yield

0.00%

P/E ratio

12.67

P/B ratio

0.00

Debt/Eq.

-
About Sunlite Recycling Industries Ltd
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Sunlite Recycling Industries Limited was originally formed as partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of M/s. Sunlite Industries, pursuant to a deed of partnership entered between Prahladrai Ram Read more ▾

IndustryMetal - Non Ferrous
SectorNon - Ferrous Metals
Top subsidiaries-
MANAGEMENT
ChairmanPrahladrai Ramdayal Heda
Non Executive Independent DirectorRonak Ashokbhai Mehta
Non Executive DirectorKhushboo Manishkumar Heda
Managing DirectorNitin Kumar Heda
Company Secretary & Compliance OfficerNikita Sharma
Non Executive Independent DirectorJaimish Govindbhai Patel
Non Executive Independent DirectorRonak Ashokbhai Mehta
Company Secretary & Compliance OfficerNikita Sharma
Non Executive Independent DirectorJaimish Govindbhai Patel
Managing DirectorNitin Kumar Heda
ChairmanPrahladrai Ramdayal Heda
Non Executive DirectorKhushboo Manishkumar Heda
Other detail of Sunlite Recycling Industries Ltd
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location
AddressSurvey No. 270 A & Plot No. 1 Survey No. 267, Chhatha Mile Dantali, Vaso ,Kheda ,Gujarat-387350.
MORE DETAILS
NSE Code24872
NSE SymbolSUNLITE
SeriesST
ISININE0U2N01013
Sunlite Recycling Industries Limited was originally formed as partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of M/s. Sunlite Industries, pursuant to a deed of partnership entered between Prahladrai Ramdayal Heda, Nitin Kumar Heda and Khushboo Manishkumar Heda executed on dated September 28, 2017 on the terms and conditions contained in the said partnership deed. Later on, ‘M/s Sunlite Industries’ was thereafter converted from partnership firm to a private limited Company under part I Chapter XXI of Section 366 of the Companies Act, 2013 with the name and style of ‘Sunlite Alucop Private Limited’ and received a certificate of incorporation dated August 04, 2022 issued by the Registrar of Companies, Central Registration Centre.Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on January 12, 2024, the name of the company was changed from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Ahmedabad vide letter dated January 18, 2024. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 10, 2024 and consequently the name of the company was changed from ‘Sunlite Recycling Industries Private Limited’ to ‘Sunlite Recycling Industries Limited’ vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated April 30, 2024 issued by the Registrar of Companies, Central Processing Centre.Sunlite Recycling Industries is engaged in the business of manufacturing of 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, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide it with the copper scrap and it is converting the copper scrap into copper wire and copper wire rod as per customer’s requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.Its Product Portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards, in all types of copper products according to customer specifications. It prioritize environmental and safety considerations in its copper production process. Its approach involves recycling copper scrap utilizing electricity sourced from solar generation and clean natural gas, thus mitigating the pollution associated with conventional oil-based energy sources. Copper is one of the most recycled metals of all the metals. The recycling of copper scrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires much less energy than its recovery made from primary source.Business area of the companyThe company is engaged in the business of manufacturing of 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, it is also engaged in providing job work services for processing of various products of copper.Products of the companyCopper RodsOxygen Free Copper Rods (OFC)Fire-Refined High Conductivity Copper Rods-(FRHC)Copper wiresCopper earthing wiresCopper conductorsCopper submersible wiresCopper stripsHistory and milestonesSeptember 28, 2017: Established Partnership firm in the name of ‘M/s. Sunlite Industries’.October 28, 2017: Partnership firm was registered as on October 28, 2017 having registration number GUJVA200549.August 04, 2022: Conversion from the partnership firm into a Private Limited Company in the name of ‘Sunlite Alucop Private Limited’.FY 2022-23: Crossed Revenue of Rs 1000 crore.January 18, 2024: Change in the name of the Company from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’April 30, 2024: Conversion of Company from Private Limited Company into Public Limited Company.
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