Nikita Greentech Recycling Ltd IPO

Nikita Greentech Recycling Ltd IPO

Paper

sme

Bidding period

27 May 2025 - 29 May 2025

Bid price

₹95.00 - ₹104.00

Listing on

NSE-SME

Listing date

03 Jun 2025

Lot size

600 shares

Issue size

₹67.54 crore


Minimum investment

₹1,24,800.00 / 2 lot

Maximum investment

₹1,24,800.00 / 2 lot

Bidding closed on 29 May 2025

Open Demat Account
Open Demat Account

Nikita Greentech Recycling Ltd IPO dates

IPO opening date

27 May 2025

IPO end date

29 May 2025

Allotment date

30 May 2025

Initiation of refunds

02 Jun 2025

Credit of shares to demat

02 Jun 2025

IPO listing date

03 Jun 2025

Nikita Greentech Recycling Ltd IPO financials

Particulars

For the period ending in March 2025 (in ₹ million)

Total assets ₹382.66
Total liabilities ₹382.66
Total expenditure ₹346.54
Total revenue ₹379.19
Profit after tax ₹23.02
EBITDA ₹59.29
Adjusted EBITDA ₹0.00

Nikita Greentech Recycling Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 80.38 59.22
Public group 19.62 40.78

Nikita Greentech Recycling Ltd strengths and risks

Information currently unavailable

  • Experienced Promoters and Senior Management with extensive domain knowledge.

  • Quality assurance and control.

  • Expansion into Fluting Media Multi-liner Kraft Paper.

  • Market Potential.

  • Investment in latest technology and maintain our edge in the market.

  • Raw material cost fluctuations impact the profitability and stability of businesses across various industries, necessitating adaptive strategies for procurement and pricing.

  • The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

  • The Company has negative cash flows from its operating activities, investing activities as well as financing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • Its production operations are geographically located in one area i.e., Shamli, Uttar Pradesh and any localized social unrest, natural calamities, etc. could have material adverse effect on business and financial operations.

  • The company is primarily dependent upon few key suppliers for procurement of raw materials. Any disruption in the supply of these raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.

  • Its may not be able to sustain historical growth in the company revenue from operations and profit for year in future periods, which could have an adverse impact on its financial condition and results of operation.

  • The Company has file certain forms with delayed fees and Company cannot assure that no proceedings or regulatory actions will be initiated against it in relation to the non-filing and delayed filing.

  • The Company was in non-compliance with certain provisions of the Companies Act 2013, which though have been made good by it, however the Company cannot assure that no proceedings or regulatory actions will be initiated against it in relation to those non-compliances.

  • The company requires a number of approvals, licenses including recurring licences, registration and permits for its business and failures to obtain or renew them in a timely manner may adversely affect its operations. In some cases, the company may be operating without all the required permissions, risking civil and criminal sanctions.

  • Any disruption to the steady and regular supply of workforce for its operations, including due to strikes, work stoppages or increased wage demands by its workforce or any other kind of disputes with the company workforce or its inability to control the composition and cost of its workforce could adversely affect its business, cash flows and results of operations.

How to check the allotment status of the Nikita Greentech Recycling Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Nikita Greentech Recycling Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

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Nikita Greentech Recycling Ltd IPO registrar

Skyline Financial Services Pvt

Phone number +91-11-40450193-97;
E-mail ID ipo@skylinerta.com
Website www.skylinerta.com

Nikita Greentech Recycling Ltd IPO reservation

QIB shares offered

12,33,600 (18.99%)

NII (HNI) shares offered

9,25,200 (14.25%)

Retail shares offered

21,58,800 (33.24%)

Anchor investor shares offered

18,50,400 (28.49%)

Total shares offered

64,94,400

Total shares with anchor investor

64,94,400

Nikita Greentech Recycling Ltd IPO lead manager

  • Fast Track Finsec Pvt Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Nikita Greentech Recycling Ltd IPO?

The listing date for the Nikita Greentech Recycling Ltd IPO is 03 Jun 2025.

What is the issue size of Nikita Greentech Recycling Ltd IPO?

The issue size of the Nikita Greentech Recycling Ltd IPO is ₹67.54 cr.

What is the minimum lot size needed for Nikita Greentech Recycling Ltd IPO?

The minimum lot size for Nikita Greentech Recycling Ltd IPO is 600

When does the Nikita Greentech Recycling Ltd open and close?

Nikita Greentech Recycling Ltd IPO is open from 27 May 2025 to 29 May 2025.

How can I apply for the Nikita Greentech Recycling Ltd IPO?

To apply for the Nikita Greentech Recycling Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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