fbpx

    Divyadhan Recycling IPO GMP

     

     

    Divyadhan Recycling GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com, a legacy of 31 Years.
    India`s Oldest Investment & IPO website.
    Most Trusted by Investors across India.

    Table of Contents

    Divyadhan Recycling listing Review

    Divyadhan Recycling IPO allotment Link

    Subscription status of Divyadhan Recycling IPO

    Will update soon

    What is the business of Divyadhan Recycling?

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Certifications

    The company holds certifications for both Quality Management Systems and Environmental Management Systems under ISO 14001:2015 for its manufacturing processes related to Recycled Polyester Staple Fiber.

    Business Verticals

    1. Recycled Fiber: Divyadhan produces synthetic fiber, specifically Recycled Polyester Staple Fiber (R-PSF), derived from post-consumer PET bottles, including those used for beverages like Coke and water.

    2. Recycled Pellets/Chips: The company also manufactures recycled pellets, which are made from the same raw materials used in R-PSF production.

    Manufacturing Facility

    The manufacturing unit is located in Kalyanpur Village, Tehsil Baddi, District Solan, Himachal Pradesh, with an annual capacity of 8,030 metric tons for fiber and 4,320 metric tons for pellets.

     
    Get more information about the company @ http://www.wol3d.com/
     

    Divyadhan Recycling IPO Details

    IPO opens on 26 September 2024
    IPO closes on 30 September 2024
    Issue Type Book Built Issue IPO
    Issue Size 37,76,000 Shares / Rs ? Crore
    * Fresh Issue 37,76,000Shares / Rs ? Crore
    * Offer for Sale – – shares / Rs. – crore
    Market Maker Portion 2,00,000 Shares
    Net offer to Public 35,76,000 Shares/ Rs.? Crore
    Face Value per share Rs. 10
    Price Band Rs.?
    Employee discount Rs. 0 per share
    Retail Lot Size ? Shares
    Listing will at NSE SME

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (50%) 17,88,000 ?
    NII  (15%) 5,36,400 ?
    RII  (35%) 12,51,600 ?
    Total Shares 35,76,000 ?
    Retail portion will be oversubscribed by  ?
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application ? Shares Rs.?
    Min HNI Application ? Shares Rs.?

    Who are the Promoters of Divyadhan Recycling IPO?

    The promoters of the company are Mr. Pratik Gupta and Mr. Varun Gupta.

    What are the Objects of Divyadhan Recycling IPO?

    The Offer comprises of fresh issue of shares.

    The objects of the Issue are:-

    To meet the Capital Expenditure.
    To meet the General Corporate Purposes; and
    To meet out the Issue Expenses.

    Tentative timetable

    IPO opens on 26 September 2024
    IPO Closes on 30 September 2024
    IPO Allotment on 1 October 2024
    Refund Initiation 3 October 2024
    Credit of Shares 3 October 2024
    Listing on 4 October 2024

    Registered Office of the Company

    Divyadhan Recycling Industries Limited
    1803, Lodha Supremus,
    Saki Vihar Road, Opp. Telephone Exchange
    Powai, Mumbai City – 400072,

    Who is the Lead Manager of this IPO?

    Narnolia Financial Services Ltd

    Who is the Registrar to IPO?

    Skyline Financial Services Private Ltd

    Divyadhan Recycling IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Divyadhan Recycling IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Crore Rs.in Crore Rs. %
    2021-22 59.82 0.53
    2022-23 58.15 2.16 =
    2023-24  59.13 2.38 ? ?
    Book Value of the Share on 31.03.2024 Rs ?    
    BV of the Share at cap price after IPO Rs.    
    Offer Price/upper band Rs. ?    

    IPO Key Performance indicators

    Price/EPS of 23-24 ?
    Price/BV Ratio  
    Price/BV after IPO  
    How Divyadhan Recycling IPO compares with the Peers?
    As on date of RHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Crore  
    Divyadhan Recycling      
    Ganesh Ecosphere     68.36
           
           
           
           
    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Divyadhan Recycling IPO Review

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Size:  Net size of the IPO is Rs.? crore, comprising of 35,76,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved without any issue.

    Financial Snapshot: The company has shown good profits during last 2 years, prior to the IPO.

     

    Quicklinks

    Divyadhan Recycling IPO GMP today allotment, review?

    Divyadhan Recycling IPO GMP grey market premium

    Divyadhan Recycling IPO FAQs

    What is Divyadhan Recycling IPO?

    This is a SME IPO of 37,76,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.

    When will Divyadhan Recycling IPO subscription open?

    Divyadha Recycling IPO opens on September 26, 2024, and closes on September 30, 2024.

    What is the lot size of Divyadhan Recycling  IPO?

    Divyadha Recycling IPO lot size is ? Shares, and the minimum amount required is Rs.?

    How to apply for Divyadhan Recycling  IPO?

    You can apply in Divyadha Recycling IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Divyadha Recycling IPO allotment?

    The finalization of Basis of Allotment for Divyadha Recycling IPO will be done on October 1 2024, and the allotted shares will be credited to your demat account by October 03, 2024.

    When is Divyadhan Recycling IPO listing date?

    Divyadha Recycling IPO listing date is October 04, 2024.

    What is the latest grey market premium of Divyadhan Recycling IPO?

     For latest GMP, Click

    Subscription status of Divyadhan Recycling IPO

    Will update soon

    What is the business of Divyadhan Recycling?

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Certifications

    The company holds certifications for both Quality Management Systems and Environmental Management Systems under ISO 14001:2015 for its manufacturing processes related to Recycled Polyester Staple Fiber.

    Business Verticals

    1. Recycled Fiber: Divyadhan produces synthetic fiber, specifically Recycled Polyester Staple Fiber (R-PSF), derived from post-consumer PET bottles, including those used for beverages like Coke and water.

    2. Recycled Pellets/Chips: The company also manufactures recycled pellets, which are made from the same raw materials used in R-PSF production.

    Manufacturing Facility

    The manufacturing unit is located in Kalyanpur Village, Tehsil Baddi, District Solan, Himachal Pradesh, with an annual capacity of 8,030 metric tons for fiber and 4,320 metric tons for pellets.

     
    Get more information about the company @ http://www.wol3d.com/
     

    Divyadhan Recycling IPO Details

    IPO opens on 26 September 2024
    IPO closes on 30 September 2024
    Issue Type Book Built Issue IPO
    Issue Size 37,76,000 Shares / Rs ? Crore
    * Fresh Issue 37,76,000Shares / Rs ? Crore
    * Offer for Sale – – shares / Rs. – crore
    Market Maker Portion 2,00,000 Shares
    Net offer to Public 35,76,000 Shares/ Rs.? Crore
    Face Value per share Rs. 10
    Price Band Rs.?
    Employee discount Rs. 0 per share
    Retail Lot Size ? Shares
    Listing will at NSE SME

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (50%) 17,88,000 ?
    NII  (15%) 5,36,400 ?
    RII  (35%) 12,51,600 ?
    Total Shares 35,76,000 ?
    Retail portion will be oversubscribed by  ?
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application ? Shares Rs.?
    Min HNI Application ? Shares Rs.?

    Who are the Promoters of Divyadhan Recycling IPO?

    The promoters of the company are Mr. Pratik Gupta and Mr. Varun Gupta.

    What are the Objects of Divyadhan Recycling IPO?

    The Offer comprises of fresh issue of shares.

    The objects of the Issue are:-

    To meet the Capital Expenditure.
    To meet the General Corporate Purposes; and
    To meet out the Issue Expenses.

    Tentative timetable

    IPO opens on 26 September 2024
    IPO Closes on 30 September 2024
    IPO Allotment on 1 October 2024
    Refund Initiation 3 October 2024
    Credit of Shares 3 October 2024
    Listing on 4 October 2024

    Registered Office of the Company

    Divyadhan Recycling Industries Limited
    1803, Lodha Supremus,
    Saki Vihar Road, Opp. Telephone Exchange
    Powai, Mumbai City – 400072,

    Who is the Lead Manager of this IPO?

    Narnolia Financial Services Ltd

    Who is the Registrar to IPO?

    Skyline Financial Services Private Ltd

    Divyadhan Recycling IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Divyadhan Recycling IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Crore Rs.in Crore Rs. %
    2021-22 59.82 0.53
    2022-23 58.15 2.16 =
    2023-24  59.13 2.38 ? ?
    Book Value of the Share on 31.03.2024 Rs ?    
    BV of the Share at cap price after IPO Rs.    
    Offer Price/upper band Rs. ?    

    IPO Key Performance indicators

    Price/EPS of 23-24 ?
    Price/BV Ratio  
    Price/BV after IPO  
    How Divyadhan Recycling IPO compares with the Peers?
    As on date of RHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Crore  
    Divyadhan Recycling      
    Ganesh Ecosphere     68.36
           
           
           
           
    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Divyadhan Recycling IPO Review

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Size:  Net size of the IPO is Rs.? crore, comprising of 35,76,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved without any issue.

    Financial Snapshot: The company has shown good profits during last 2 years, prior to the IPO.

     

    Quicklinks

    Divyadhan Recycling IPO GMP today allotment, review?

    Divyadhan Recycling IPO GMP grey market premium

    Divyadhan Recycling IPO FAQs

    What is Divyadhan Recycling IPO?

    This is a SME IPO of 37,76,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.

    When will Divyadhan Recycling IPO subscription open?

    Divyadha Recycling IPO opens on September 26, 2024, and closes on September 30, 2024.

    What is the lot size of Divyadhan Recycling  IPO?

    Divyadha Recycling IPO lot size is ? Shares, and the minimum amount required is Rs.?

    How to apply for Divyadhan Recycling  IPO?

    You can apply in Divyadha Recycling IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Divyadha Recycling IPO allotment?

    The finalization of Basis of Allotment for Divyadha Recycling IPO will be done on October 1 2024, and the allotted shares will be credited to your demat account by October 03, 2024.

    When is Divyadhan Recycling IPO listing date?

    Divyadha Recycling IPO listing date is October 04, 2024.

    Subscription status of Divyadhan Recycling IPO

    Will update soon

    What is the business of Divyadhan Recycling?

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Certifications

    The company holds certifications for both Quality Management Systems and Environmental Management Systems under ISO 14001:2015 for its manufacturing processes related to Recycled Polyester Staple Fiber.

    Business Verticals

    1. Recycled Fiber: Divyadhan produces synthetic fiber, specifically Recycled Polyester Staple Fiber (R-PSF), derived from post-consumer PET bottles, including those used for beverages like Coke and water.

    2. Recycled Pellets/Chips: The company also manufactures recycled pellets, which are made from the same raw materials used in R-PSF production.

    Manufacturing Facility

    The manufacturing unit is located in Kalyanpur Village, Tehsil Baddi, District Solan, Himachal Pradesh, with an annual capacity of 8,030 metric tons for fiber and 4,320 metric tons for pellets.

    Get more information about the company @ http://www.wol3d.com/

    Who are the Promoters of Divyadhan Recycling IPO?

    The promoters of the company are Mr. Pratik Gupta and Mr. Varun Gupta.

    What are the Objects of Divyadhan Recycling IPO?

    The Offer comprises of fresh issue of shares.

    The objects of the Issue are:-

    To meet the Capital Expenditure.
    To meet the General Corporate Purposes; and
    To meet out the Issue Expenses.

    Divyadhan Recycling IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Divyadhan Recycling IPO Review

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Size:  Net size of the IPO is Rs.? crore, comprising of 35,76,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved without any issue.

    Financial Snapshot: The company has shown good profits during last 2 years, prior to the IPO.

     

    Quicklinks

    Divyadhan Recycling IPO FAQs

    What is Divyadhan Recycling IPO?

    This is a SME IPO of 37,76,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.

    When will Divyadhan Recycling IPO subscription open?

    Divyadha Recycling IPO opens on September 26, 2024, and closes on September 30, 2024.

    What is the lot size of Divyadhan Recycling  IPO?

    Divyadha Recycling IPO lot size is ? Shares, and the minimum amount required is Rs.?

    How to apply for Divyadhan Recycling  IPO?

    You can apply in Divyadha Recycling IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Divyadha Recycling IPO allotment?

    The finalization of Basis of Allotment for Divyadha Recycling IPO will be done on October 1 2024, and the allotted shares will be credited to your demat account by October 03, 2024.

    When is Divyadhan Recycling IPO listing date?

    Divyadha Recycling IPO listing date is October 04, 2024.

    Subscription status of Divyadhan Recycling IPO

    Will update soon

    What is the business of Divyadhan Recycling?

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Certifications

    The company holds certifications for both Quality Management Systems and Environmental Management Systems under ISO 14001:2015 for its manufacturing processes related to Recycled Polyester Staple Fiber.

    Business Verticals

    1. Recycled Fiber: Divyadhan produces synthetic fiber, specifically Recycled Polyester Staple Fiber (R-PSF), derived from post-consumer PET bottles, including those used for beverages like Coke and water.

    2. Recycled Pellets/Chips: The company also manufactures recycled pellets, which are made from the same raw materials used in R-PSF production.

    Manufacturing Facility

    The manufacturing unit is located in Kalyanpur Village, Tehsil Baddi, District Solan, Himachal Pradesh, with an annual capacity of 8,030 metric tons for fiber and 4,320 metric tons for pellets.

     
    Get more information about the company @ http://www.wol3d.com/
     

    Divyadhan Recycling IPO Details

    IPO opens on 26 September 2024
    IPO closes on 30 September 2024
    Issue Type Book Built Issue IPO
    Issue Size 37,76,000 Shares / Rs ? Crore
    * Fresh Issue 37,76,000Shares / Rs ? Crore
    * Offer for Sale – – shares / Rs. – crore
    Market Maker Portion 2,00,000 Shares
    Net offer to Public 35,76,000 Shares/ Rs.? Crore
    Face Value per share Rs. 10
    Price Band Rs.?
    Employee discount Rs. 0 per share
    Retail Lot Size ? Shares
    Listing will at NSE SME

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (50%) 17,88,000 ?
    NII  (15%) 5,36,400 ?
    RII  (35%) 12,51,600 ?
    Total Shares 35,76,000 ?
    Retail portion will be oversubscribed by  ?
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application ? Shares Rs.?
    Min HNI Application ? Shares Rs.?

    Who are the Promoters of Divyadhan Recycling IPO?

    The promoters of the company are Mr. Pratik Gupta and Mr. Varun Gupta.

    What are the Objects of Divyadhan Recycling IPO?

    The Offer comprises of fresh issue of shares.

    The objects of the Issue are:-

    To meet the Capital Expenditure.
    To meet the General Corporate Purposes; and
    To meet out the Issue Expenses.

    Tentative timetable

    IPO opens on 26 September 2024
    IPO Closes on 30 September 2024
    IPO Allotment on 1 October 2024
    Refund Initiation 3 October 2024
    Credit of Shares 3 October 2024
    Listing on 4 October 2024

    Registered Office of the Company

    Divyadhan Recycling Industries Limited
    1803, Lodha Supremus,
    Saki Vihar Road, Opp. Telephone Exchange
    Powai, Mumbai City – 400072,

    Who is the Lead Manager of this IPO?

    Narnolia Financial Services Ltd

    Who is the Registrar to IPO?

    Skyline Financial Services Private Ltd

    Divyadhan Recycling IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Divyadhan Recycling IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Crore Rs.in Crore Rs. %
    2021-22 59.82 0.53
    2022-23 58.15 2.16 =
    2023-24  59.13 2.38 ? ?
    Book Value of the Share on 31.03.2024 Rs ?    
    BV of the Share at cap price after IPO Rs.    
    Offer Price/upper band Rs. ?    

    IPO Key Performance indicators

    Price/EPS of 23-24 ?
    Price/BV Ratio  
    Price/BV after IPO  
    How Divyadhan Recycling IPO compares with the Peers?
    As on date of RHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Crore  
    Divyadhan Recycling      
    Ganesh Ecosphere     68.36
           
           
           
           
    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Divyadhan Recycling IPO Review

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Size:  Net size of the IPO is Rs.? crore, comprising of 35,76,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved without any issue.

    Financial Snapshot: The company has shown good profits during last 2 years, prior to the IPO.

     

    Quicklinks

    Divyadhan Recycling IPO GMP today allotment, review?

    Divyadhan Recycling IPO GMP grey market premium

    Divyadhan Recycling IPO FAQs

    What is Divyadhan Recycling IPO?

    This is a SME IPO of 37,76,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.

    When will Divyadhan Recycling IPO subscription open?

    Divyadha Recycling IPO opens on September 26, 2024, and closes on September 30, 2024.

    What is the lot size of Divyadhan Recycling  IPO?

    Divyadha Recycling IPO lot size is ? Shares, and the minimum amount required is Rs.?

    How to apply for Divyadhan Recycling  IPO?

    You can apply in Divyadha Recycling IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Divyadha Recycling IPO allotment?

    The finalization of Basis of Allotment for Divyadha Recycling IPO will be done on October 1 2024, and the allotted shares will be credited to your demat account by October 03, 2024.

    When is Divyadhan Recycling IPO listing date?

    Divyadha Recycling IPO listing date is October 04, 2024.

    What is the latest grey market premium of Divyadhan Recycling IPO?

     For latest GMP, Click

    Subscription status of Divyadhan Recycling IPO

    Will update soon

    What is the business of Divyadhan Recycling?

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Certifications

    The company holds certifications for both Quality Management Systems and Environmental Management Systems under ISO 14001:2015 for its manufacturing processes related to Recycled Polyester Staple Fiber.

    Business Verticals

    1. Recycled Fiber: Divyadhan produces synthetic fiber, specifically Recycled Polyester Staple Fiber (R-PSF), derived from post-consumer PET bottles, including those used for beverages like Coke and water.

    2. Recycled Pellets/Chips: The company also manufactures recycled pellets, which are made from the same raw materials used in R-PSF production.

    Manufacturing Facility

    The manufacturing unit is located in Kalyanpur Village, Tehsil Baddi, District Solan, Himachal Pradesh, with an annual capacity of 8,030 metric tons for fiber and 4,320 metric tons for pellets.

     
    Get more information about the company @ http://www.wol3d.com/
     

    Divyadhan Recycling IPO Details

    IPO opens on 26 September 2024
    IPO closes on 30 September 2024
    Issue Type Book Built Issue IPO
    Issue Size 37,76,000 Shares / Rs ? Crore
    * Fresh Issue 37,76,000Shares / Rs ? Crore
    * Offer for Sale – – shares / Rs. – crore
    Market Maker Portion 2,00,000 Shares
    Net offer to Public 35,76,000 Shares/ Rs.? Crore
    Face Value per share Rs. 10
    Price Band Rs.?
    Employee discount Rs. 0 per share
    Retail Lot Size ? Shares
    Listing will at NSE SME

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (50%) 17,88,000 ?
    NII  (15%) 5,36,400 ?
    RII  (35%) 12,51,600 ?
    Total Shares 35,76,000 ?
    Retail portion will be oversubscribed by  ?
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application ? Shares Rs.?
    Min HNI Application ? Shares Rs.?

    Who are the Promoters of Divyadhan Recycling IPO?

    The promoters of the company are Mr. Pratik Gupta and Mr. Varun Gupta.

    What are the Objects of Divyadhan Recycling IPO?

    The Offer comprises of fresh issue of shares.

    The objects of the Issue are:-

    To meet the Capital Expenditure.
    To meet the General Corporate Purposes; and
    To meet out the Issue Expenses.

    Tentative timetable

    IPO opens on 26 September 2024
    IPO Closes on 30 September 2024
    IPO Allotment on 1 October 2024
    Refund Initiation 3 October 2024
    Credit of Shares 3 October 2024
    Listing on 4 October 2024

    Registered Office of the Company

    Divyadhan Recycling Industries Limited
    1803, Lodha Supremus,
    Saki Vihar Road, Opp. Telephone Exchange
    Powai, Mumbai City – 400072,

    Who is the Lead Manager of this IPO?

    Narnolia Financial Services Ltd

    Who is the Registrar to IPO?

    Skyline Financial Services Private Ltd

    Divyadhan Recycling IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Divyadhan Recycling IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Crore Rs.in Crore Rs. %
    2021-22 59.82 0.53
    2022-23 58.15 2.16 =
    2023-24  59.13 2.38 ? ?
    Book Value of the Share on 31.03.2024 Rs ?    
    BV of the Share at cap price after IPO Rs.    
    Offer Price/upper band Rs. ?    

    IPO Key Performance indicators

    Price/EPS of 23-24 ?
    Price/BV Ratio  
    Price/BV after IPO  
    How Divyadhan Recycling IPO compares with the Peers?
    As on date of RHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Crore  
    Divyadhan Recycling      
    Ganesh Ecosphere     68.36
           
           
           
           
    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Divyadhan Recycling IPO Review

    Founded in May 2010, Divyadhan Recycling Industries Limited specializes in the production of Recycled Polyester Staple Fiber (R-PSF) and Recycled Pellets.

    Size:  Net size of the IPO is Rs.? crore, comprising of 35,76,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved without any issue.

    Financial Snapshot: The company has shown good profits during last 2 years, prior to the IPO.

     

    Quicklinks

    Divyadhan Recycling IPO GMP today allotment, review?

    Divyadhan Recycling IPO GMP grey market premium

    Divyadhan Recycling IPO FAQs

    What is Divyadhan Recycling IPO?

    This is a SME IPO of 37,76,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.

    When will Divyadhan Recycling IPO subscription open?

    Divyadha Recycling IPO opens on September 26, 2024, and closes on September 30, 2024.

    What is the lot size of Divyadhan Recycling  IPO?

    Divyadha Recycling IPO lot size is ? Shares, and the minimum amount required is Rs.?

    How to apply for Divyadhan Recycling  IPO?

    You can apply in Divyadha Recycling IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Divyadha Recycling IPO allotment?

    The finalization of Basis of Allotment for Divyadha Recycling IPO will be done on October 1 2024, and the allotted shares will be credited to your demat account by October 03, 2024.

    When is Divyadhan Recycling IPO listing date?

    Divyadha Recycling IPO listing date is October 04, 2024.

    Leave a Reply

    Your email address will not be published. Required fields are marked *