IPO Deliver

Divyadhan Recycling Industries IPO Dates, Price Band, Rating, Analysis, and Allotment Details 2024

Divyadhan Recycling Industries IPO

#1.Quick Intro to Divyadhan Recycling Industries IPO

The initial public offering (IPO) of Divyadhan Recycling Industries will open for subscription on September 26 and close on September 30, comprising issues of Rs.24.17 crore. An investor can apply for the issue for a minimum of 2000 shares and the listing will happen on October 04, 2024.  

Divyadhan Recycling Industries Limited (2010) is in the business of manufacturing Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. The recycled fibre and pellets are produced from post-consumer PET bottles also known as Polyethylene Terephthalate bottles. The company started its operations in the financial year 2018-19, by manufacturing Recycled Polyester Staple Fibre (R-PSF) at their manufacturing facility based in Baddi, Himachal Pradesh.

Check out the IPO allotment status on IPO Deliver.

#2.IPO Object of Divyadhan Recycling Industries    

The company intends to use the IPO Funds for the following purposes: 

  1. To meet the capital expenditure
  2. General corporate purposes and issue expenses. 

#3.Divyadhan Recycling Industries Core Strengths 

  1. Owned manufacturing facilities 
  2. Established relations with customers
  3. Experienced promoter director with extensive knowledge. 

#4.Divyadhan Recycling Industries IPO Review & Rating

Issue Size  Rs.24.17 crore
Issue Price  Rs.60-64 per share 
Minimum Lot Size 2000 Shares
Total Profit (Latest)  Rs.237.80 Lakhs
ROE (%) 18.42
RONW (%) 20.76
Listing on NSE (SME)
IPO Deliver Rating One

 

#5.Divyadhan Recycling Industries IPO Dates, Price Band & Details

Divyadhan Recycling Industries IPO will open on September 26, 2024, and close on September 30, 2024. The IPO is to be listed on October 04, 2024.  

Type of issue Book Built issue IPO
Issue Size Rs.24.17 crore
Price Brand Rs.60-64 per share
Face Value Rs. 10/- per share
IPO Open Date September 26, 2024
IPO Close Date September 30, 2024
IPO Allotment Date October 01, 2024
Refund Date October 03, 2024
Share Credit Date October 03, 2024
Listing Date October 04, 2024

 

#6.Divyadhan Recycling Industries IPO Offer Details

Divyadhan Recycling Industries IPO’s total issue size is 37,76,000 shares, comprising the below-mentioned categories. 

Offer Category Shares Offer Amount (Crore)
Fresh Issue 37,76,000       Rs.24.17
Offer for Sale (OFS)

 

Click here for a previous SME IPO

#7.Divyadhan Recycling Industries Financials Overview (Lakhs)

The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.

Category (Rs.) March 2024 March 2023 March 2022
Total Revenue 5912.88 5815.51 5981.52
Net Worth 1291.03 853.23 637.05
Profit 237.8 216.18 52.91
Total Borrowings 606.64 554.55 799.76

 

#8.Divyadhan Recycling Industries Quantitative Factors 

The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022. 

Category March 2024 March 2023 March 2022
EPS (Rs.) 2.41 2.20 0.54
RoNW (%) 18.42 25.34 8.31
NAV (Rs.) 13.06 8.69 6.49

 

#9.Divyadhan Recycling Industries Comparison with Other Peer Companies (Top 2)

Listed companies in India are comparable in all aspects of the business. 

Company Names PAT

(In Lakhs)

RoNW (%) ESP
Ganesh Ecoshpere 6247.53 5.74 27.90

 

#10.Divyadhan Recycling Industries Company Promoters 

The company has two promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).

Sr. No. Name of Promoters
01. Pratik Gupta
02. Varun Gupta

 

#11.Divyadhan Recycling Industries Pre-offer and Post-Offer Promoters Shareholding

Promoters Holding Percentage (%)
Pre-issue  94.06
Post-issue 69.24

 

#12.Divyadhan Recycling Industries IPO Reservation Details

Divyadhan Recycling Industries IPO total reservation shares are distributed between the below-mentioned categories. 

Category Share Offered
QIB/others Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

 

#13.Divyadhan Recycling Industries IPO – Lot Size

An investor can apply for a minimum of 2000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail (Min.) 1 2000 1,28,000
Retail (Max.) 1 2000 1,28,000
HNI (Min.) 2 4000 2,56,000

 

#14.Divyadhan Recycling Industries IPO – Prospectus Copy

An investor can download/view the Divyadhan Recycling Industries prospectus copy, which the company filed to exchange, details are as follows. 

Divyadhan Recycling Industries IPO Prospectus
Draft Red Herring Prospectus (DRHP)
Red Herring Prospectus (RHP)

 

#15.Divyadhan Recycling Industries IPO Registrar 

Skyline Financial Services Private Limited 

Website: www.skylinerta.com

#16.Divyadhan Recycling Industries IPO Lead Managers

Narnolia Financial Services Limited

Website: www.nanolia.com

#17.Divyadhan Recycling Industries IPO Application (How to Apply for an IPO)

There are three primary options for applying for a Divyadhan Recycling Industries IPO, details are as follows: 

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “Divyadhan Recycling Industries Limited”

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment. 

Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively. 

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “Divyadhan Recycling Industries Limited”

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you. 

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details. 

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you. 

#18.Divyadhan Recycling Industries Company Details

Divyadhan Recycling Industries Limited 

Registered Office: 1803, Lodha Supremus, Saki Vihar Road, Opp: Telephone Exchange Powai, Mumbai City- 400072

Email: cs@divyadhan.in

Website: www.divyadhan.in

#19.Divyadhan Recycling Industries Subsidiary Companies (Top 2)

Sr.No. Name of Companies (Indian)
01.
02.

 

#20.Divyadhan Recycling Industries Company Board (Top 2)

Sr. No. Name of Directors
01. Pratik Gupta
02. Varun Gupta

 

Divyadhan Recycling Industries IPO – Frequently Asked Questions (FAQs)

#1. What is a Divyadhan Recycling Industries IPO?

Divyadhan Recycling Industries brings its IPO of Rs.24.17 crore, on September 26, 2024, with a price band of Rs.60-64 per share.

 

#2. What is the Divyadhan Recycling Industries IPO Open date?

Divyadhan Recycling Industries IPO’s opening date is September 26, 2024.

 

#3. What is the Divyadhan Recycling Industries IPO Close Date?

Divyadhan Recycling Industries IPO’s closing date is September 30, 2024.

 

#4. What is the Divyadhan Recycling Industries IPO Listing date?

Divyadhan Recycling Industries’s IPO listing date is October 04, 2024.

 

#5. What is the Divyadhan Recycling Industries IPO Minimum investment amount?

Divyadhan Recycling Industries IPO’s minimum investment amount is Rs.1,28,000.

 

#6. What is the Divyadhan Recycling Industries IPO offer issue Size?

Divyadhan Recycling Industries offers an issue size of Rs.24.17 crore.

 

#7. What is the Divyadhan Recycling Industries IPO Price Band?

Divyadhan Recycling Industries’s IPO price band is Rs.60-64 per share.

 

#8. Is Divyadhan Recycling Industries IPO mainboard IPO or SME IPO?

Divyadhan Recycling Industries IPO is an SME IPO.

 

125 thoughts on “Divyadhan Recycling Industries IPO Dates, Price Band, Rating, Analysis, and Allotment Details 2024”

  1. Excellent post. I was checking continuously this weblog and I’m impressed! Extremely helpful info particularly the final part 🙂 I handle such info much. I used to be looking for this particular information for a long time. Thank you and best of luck.

    Reply
  2. Keep up the fantastic work! Kalorifer Sobası odun, kömür, pelet gibi yakıtlarla çalışan ve ısıtma işlevi gören bir soba türüdür. Kalorifer Sobası içindeki yakıtın yanmasıyla oluşan ısıyı doğrudan çevresine yayar ve aynı zamanda suyun ısınmasını sağlar.

    Reply
  3. Oh my goodness! an amazing article dude. Thank you However I’m experiencing subject with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting similar rss downside? Anybody who knows kindly respond. Thnkx

    Reply
  4. Howdy! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Cheers!

    Reply
  5. Hello there, just became aware of your blog through Google, and found that it is truly informative. I’m gonna watch out for brussels. I will appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers!

    Reply
  6. Thanks for your marvelous posting! I genuinely enjoyed reading it, you may be a great author.I will be sure to bookmark your blog and will eventually come back down the road. I want to encourage that you continue your great work, have a nice day!

    Reply
  7. Excellent beat ! I would like to apprentice while you amend your web site, how could i subscribe for a blog website? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear concept

    Reply
  8. I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz respond as I’m looking to create my own blog and would like to know where u got this from. kudos

    Reply
  9. you are really a excellent webmaster. The website loading pace is amazing. It kind of feels that you’re doing any unique trick. Moreover, The contents are masterwork. you have done a wonderful task on this topic!

    Reply
  10. A code promo 1xBet est un moyen populaire pour les parieurs d’obtenir des bonus exclusifs sur la plateforme de paris en ligne 1xBet. Ces codes promotionnels offrent divers avantages tels que des bonus de dépôt, des paris gratuits, et des réductions spéciales pour les nouveaux joueurs ainsi que les utilisateurs réguliers.code promo 1xbet douala

    Reply
  11. Do you have a spam issue on this website; I also am a blogger, and I was curious about your situation; many of us have developed some nice procedures and we are looking to trade strategies with others, why not shoot me an email if interested.

    Reply
  12. Hello! I could have sworn I’ve been to this website before but after checking through some of the post I realized it’s new to me. Nonetheless, I’m definitely glad I found it and I’ll be bookmarking and checking back often!

    Reply
  13. Have you ever considered publishing an ebook or guest authoring on other blogs? I have a blog based on the same ideas you discuss and would really like to have you share some stories/information. I know my readers would value your work. If you’re even remotely interested, feel free to send me an e mail.

    Reply
  14. Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!

    Reply
  15. Looking for the latest 1xBet promo code to unlock exclusive bonuses and free bets? Whether you’re in Bangladesh, Pakistan, India, Nepal, Sri Lanka, Philippines, Egypt, or Nigeria, we’ve got the best 1xBet promo codes today just for you. Use a 1xBet promo code for registration to get started with a welcome bonus, free spins, or a no deposit bonus. Daily updated codes ensure you never miss out—get your 1xBet Bangladesh promo code, Pakistan free bet promo code, or India promo code for 1xBet app right here. Don’t wait—grab your 1xBet official promo code today and start winning big! No matter where you are, finding the right 1xBet promo code today means unlocking bigger chances to win, with offers perfectly tailored for players across Bangladesh, Pakistan, India, Nepal, Sri Lanka, Nigeria, Egypt, and the Philippines.

    Reply
  16. Today, with the fast life-style that everyone is having, credit cards get this amazing demand in the economy. Persons from every discipline are using the credit card and people who are not using the credit card have arranged to apply for just one. Thanks for discussing your ideas on credit cards.

    Reply

Leave a Comment