Divyadhan Recycling Industries Limited

Divyadhan Recycling Industries Limited

SMEClosed

₹1,28,000(2,000 Shares)

Minimum Investment

IPO Dates

Sep 26, 2024 – Sep 30, 2024

Price Band

₹60–64 per equity share

Lot Size

2000

Listing

Oct 4, 2024

Listing At

NSE SME

Sep 26, 2024Open DateCompleted
Sep 30, 2024Close DateCompleted
TBAAllotment DateUpcoming
Oct 4, 2024Listing DateCompleted

Divyadhan Recycling Industries Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail32.49x

Overall Subscription

Total Bids Received

41.04x

Divyadhan Recycling Industries Limited IPO Issue Details

Issue Price
₹60-64 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
37,76,000 shares(aggregating up to ₹24.17 crore)
Listing At
NSE SME
Listing Date
Oct 4, 2024
Registrar
Skyline Financial Services Private Ltd

Reservation Details

NII14.25%

Shares Offered

5,38,000

QIB18.96%

Shares Offered

7,16,000

Anchor28.34%

Shares Offered

10,70,000

Market Maker5.3%

Shares Offered

2,00,000

Company Information

Divyadhan Recycling Industries Limited, incorporated in the year of 2010 in May, manufactures Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets.The company is ISO 14001:2015 certified for Q...

Valuations

EPS (Pre-IPO)

2.26

EPS (Post-IPO)

1.66

P/E (Pre-IPO)

28.34

P/E (Post-IPO)

38.5

RoNW

18.42%

PAT Margin

4.24%

P/B Value

4.90

Objectives of the Issue

  1. 1To meet the Capital Expenditure.
  2. 2To meet the General Corporate Purposes
  3. 3To meet out the Issue Expenses.

Divyadhan Recycling Industries Limited – Promoter(s)

Mr. Pratik Gupta
Mr. Varun Gupta

Contact Details

Corporate Office

1803, Lodha Supremus, Saki Vihar Road, Opp. Telephone Exchange, Powai, Mumbai City - 400072

+ 91- 8928434702

cs@divyadhan.in

Visit Website

Divyadhan Recycling Industries Limited Allotment & Registrar Details

Check Allotment

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

Visit Registrar Website

Divyadhan Recycling Industries Limited IPO Documents

Frequently Asked Questions — Divyadhan Recycling Industries Limited IPO

The Divyadhan Recycling Industries Limited IPO price band is set at ₹60.00 to ₹64.00 per equity share.

The lot size for Divyadhan Recycling Industries Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,28,000.

The Divyadhan Recycling Industries Limited IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.

Divyadhan Recycling Industries Limited IPO is expected to be listed on Oct 4, 2024 on NSE SME.

The registrar for Divyadhan Recycling Industries Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.

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