Divyadhan Recycling IPO GMP, Review, Price, Allotment

0

Last updated on October 1, 2024

Divyadhan Recycling

Divyadhan Recycling IPO description – Divyadhan Recycling is in the business of manufacturing recycled polyester staple fibre (R-PSF) and recycled pellets which are used to make premium pillows, cushions and quilts. The recycled fiber is supplied to various industries such as Packaging, Home furnishing, and Textiles. Its hollow structure adds to its insulating properties, making it suitable for use in a wide range of products including clothing, home furnishings, automotive components, non-woven fabrics, and insulation materials.

The company’s manufacturing facility is based in Baddi, Himachal Pradesh with a capacity of 8,030 metric tons per annum. Divyadhan Recycling sources raw materials (post-consumer PET bottles) from various junk collectors and recycles them to produce Recycled Polyester Staple Fibre and Recycled Pellets at its factory. Currently, it is catering to non-food industries requiring recycled bottles for their packaging.

Divyadhan Recycling has around 82 employees on its payroll.

Divyadhan Recycling IPO

Promoters of Divyadhan Recycling – Mr. Pratik Gupta and Mr. Varun Gupta


Divyadhan Recycling IPO Details

Divyadhan Recycling IPO Dates26 – 30 September 2024
Divyadhan Recycling Issue PriceINR 60 – 64 per share
Fresh issue37,76,000 shares (INR 22.66 – 24.17 crore)
Offer For SaleNIL
Total IPO size37,76,000 shares (INR 22.66 – 24.17 crore)
Minimum bid (lot size)2,000 (INR 1,28,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

Divyadhan Recycling Financial Performance

 FY 2021FY 2022FY 2023FY 2024
Revenue41.3957.7857.3456.13
Expenses44.0259.0955.1555.83
Net income0.220.532.162.38
Figures in INR Crores unless specified otherwise

Divyadhan Recycling Offer News


Divyadhan Recycling Valuations & Margins

FY 2022FY 2023FY 2024
EPS0.542.202.41
PE ratio––24.90 – 26.56
RONW (%)8.3125.3418.42
NAV6.498.6913.06
ROCE (%)10.3025.4820.76
EBITDA (%)5.018.8410.16
Debt/Equity 1.260.640.47
*Compiled by IPO Central from Prospectus

Divyadhan Recycling IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon–––

Divyadhan Recycling IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered7,16,0005,38,00012,52,00025,06,000
30 Sep 202429.3976.4132.4341.01
27 Sep 20241.872.067.834.89
26 Sep 20241.860.623.292.31

The market maker reservation portion of 2,00,000 shares and anchor allocation portion of 10,70,000 shares are not included in the above calculations.


Divyadhan Recycling IPO Allotment Status

Divyadhan Recycling IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.


Divyadhan Recycling IPO Dates & Listing Performance

IPO Opening Date26 September 2024
IPO Closing Date30 September 2024
Finalization of Basis of Allotment1 October 2024
Initiation of refunds3 October 2024
Transfer of shares to demat accounts3 October 2024
IPO Listing Date4 October 2024
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

Divyadhan Recycling Offer Lead Manager

NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email: [email protected]
Website: www.narnolia.com


Divyadhan Recycling Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-97
Email: [email protected]
Website: www.skylinerta.com


Divyadhan Recycling Issue Contact Details

DIVYADHAN RECYCLING INDUSTRIES LIMITED
1803, Lodha Supremus, Saki Vihar Road, Opp.
Telephone Exchange, Powai, Mumbai City,
Maharashtra – 400072, India.
Phone: 91- 8928434702
E-mail: [email protected]
Website: www.divydhan.in


IPO FAQs

What is Divyadhan Recycling offer size?

Divyadhan Recycling offer size is INR 22.66 – 24.17 crores.

What is Divyadhan Recycling offer price band?

Divyadhan Recycling public offer price is INR 60 – 64 per share.

What is the lot size of Divyadhan Recycling IPO?

Divyadhan Recycling offer lot size is 2,000 shares.

What is Divyadhan Recycling IPO GMP today?

Divyadhan Recycling IPO GMP today is INR NA per share.

What is Divyadhan Recycling kostak rate today?

Divyadhan Recycling kostak rate today is INR NA per application.

What is Divyadhan Recycling Subject to Sauda rate today?

Divyadhan Recycling’s Subject to Sauda rate today is INR NA per application.

LEAVE A REPLY

Please enter your comment!
Please enter your name here