Divyadhan Recycling Industries IPO| Key Dates, Price and Lot Size

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Divyadhan Recycling Industries IPO is a book built issue of Rs 24.17 crores. The issue is a fresh issue of 37.76 lakh shares. Divyadhan Recycling Industries IPO opens for subscription on September 26, 2024 and closes on September 30, 2024. The allotment for the Divyadhan Recycling Industries IPO is to be finalized on Tuesday, October 1, 2024. Divyadhan Recycling Industries IPO will list on NSE SME with tentative listing date fixed as Friday, October 4, 2024.

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Divyadhan Recycling Industries Limited NSE SME IPO Details

Detail                                                          Information

IPO Opening Date                                  Thursday, September 26, 2024

IPO Closing Date                                     Monday, September 30, 2024

Listing Date                                              Friday, October 4, 2024

Face Value                                                   ₹10 per share

Price Range                                               ₹60 to ₹64 per share

Lot Size                                                       2000 Shares

Total Issue Size                                          3,776,000 shares ( ₹24.17 Cr )             

Fresh Issue                                            3,776,000 shares    ( ₹24.17 Cr )               

Offer for Sale                                       

IPO Segment                                             Book built issue 

Listing At                                                NSE SME

Shareholding Pre-Issue                             10,530,714 shares

Shareholding Post-Issue                         14,306,714 shares

Apply for Divyadhan Recycling Industries Limited IPO at zero brokerage

Divyadhan Recycling Industries Limited, established in May 2010, manufactures Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. Certified under ISO 14001:2015 for quality and environmental management, the company operates two verticals: producing R-PSF from PET bottles and manufacturing recycled pellets. Its facility in Himachal Pradesh has a production capacity of 8030 metric tons for fiber and 4320 metric tons for pellets.

Key Dates, Price Band, and Lot Size

·         Divyadhan Recycling Industries Limited IPO Opening Date: September 26, 2024

·         Divyadhan Recycling Industries Limited IPO Closing Date: September 30, 2024

·         Divyadhan Recycling Industries Limited IPO Allotment Date: October 1, 2024 (Tentative)

·         Divyadhan Recycling Industries Limited IPO Price Band: ₹60 to ₹64 per share

·         Divyadhan Recycling Industries Limited IPO Lot Size: 2000 shares

·         IPO Refunds Initiated: October 3, 2024

·         Shares Credited to Demat: October 3, 2024

Financial Highlights for FY 2024

  • Assets: ₹2,412.11 crores
  • Revenue: ₹5,912.88 crores
  • Profit After Tax: ₹237.8 crores
  • Net Worth: ₹1,291.03 crores

Divyadhan Recycling Industries Limited Financial Information (Restated)

Divyadhan Recycling Industries Limited’s revenue increased by 2% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended Assets (₹ Lakhs) Revenue (₹Lakhs) Profit After Tax (₹Lakhs) Net Worth (₹Lakhs)

31 Mar 2024 2,412.11 5,912.88 237.8 1,291.03

31 Mar 2023 1,938.64 5,815.51 216.18 853.23

FAQs | Divyadhan Recycling Industries Ltd  IPO

What is Divyadhan Recycling Industries Ltd?

Divyadhan Recycling Industries Limited, incorporated in May 2010, focuses on manufacturing Recycled Polyester Staple Fiber (R-PSF) and recycled pellets from PET bottles.

When is the Divyadhan Recycling Industries IPO bidding date?

The IPO bidding date for Divyadhan Recycling Industries IPO is from September 26, 2024 to September 30, 2024.

What is the IPO lot size for Divyadhan Recycling Industries?

The IPO lot size for Divyadhan Recycling Industries is 2000 shares.

What is the IPO face value for Divyadhan Recycling Industries?

The IPO face value is set at ₹10 per share.

How can I check the IPO allotment status for Divyadhan Recycling Industries?

You can check the IPO allotment status through the registrar’s website.

What is the expected IPO allotment date for Divyadhan Recycling Industries?

The IPO allotment is expected to be finalized on October 1, 2024.
 

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