Nupur Recyclers Ltd, established in 2019 and converted to a public limited company in 2021, is a key player in the trading and recycling of ferrous and non-ferrous metal scrap. The company, led by promoters Mr. Rajesh Gupta and Mr. Anoop Garg, specializes in materials such as zinc scrap, stainless steel, and aluminum, catering primarily to the B2B sector. It imports scrap metals and processes them to meet diverse customer specifications, emphasizing environmental safety and quality.
The company expanded its operations by launching new verticals, including the installation of EV charging stations and recycling lithium-ion batteries. Strategic acquisitions have bolstered its portfolio, with Nupur Polymers and Nupur Extrusion becoming significant subsidiaries. Additionally, Nupur Recyclers increased its stake in Nupur Polymers to 98% in 2023 and acquired 80% of Frank Metals Recyclers. However, it disinvested from Danta LLC in 2024. The company raised Rs 34.2 crore through an IPO in December 2021, supporting its growth initiatives.
