Divyadhan Recycling Industries Ltd
Price Range
₹60 - ₹64
-
Min. Quantity
2,000
Closes on
30 September 2024
-
Min. investment
₹1,28,000/2,000 Shares
Divyadhan Recycling Industries Ltd IPO Timeline
Divyadhan Recycling Industries Limited was incorporated as a Private Limited Company with the name of 'Divyadhan Consultants Private Limited' vide certificate of incorporation dated May 03, 2010, issued by Registrar of Companies, Maharashtra, Mumbai. Thereafter, the name changed from 'Divyadhan Consultants Private Limited' to 'Divyadhan Recycling Industries Private Limited' vide certificate dated November 10, 2023. Further, status of Company was converted into a Public Limited and the name of Company changed to 'Divyadhan Recycling Industries Limited' & Registrar of Companies, Mumbai issued a New Certificate of Incorporation upon the conversion dated March 02,2024.
| Event | Date |
|---|---|
| Divyadhan Recycling Industries Ltd IPO Opening Date | 26 September 2024 |
| Divyadhan Recycling Industries Ltd IPO Closing Date | 30 September 2024 |
| Basis of Allotment | 1 October 2024 |
| Initiation of Refunds | 3 October 2024 |
| Credit of Shares to Demat | 3 October 2024 |
| Divyadhan Recycling Industries Ltd IPO Listing Date | 4 October 2024 |
Divyadhan Recycling Industries Ltd IPO Details
| Divyadhan Recycling Industries Ltd IPO Date | 26 September 2024 to 30 September 2024 |
| Divyadhan Recycling Industries Ltd IPO Face Value | ₹10 per share |
| Divyadhan Recycling Industries Ltd IPO Price | ₹60 to ₹64 per share |
| Divyadhan Recycling Industries Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.17 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.17 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pratik Gupta, Varun Gupta |
Divyadhan Recycling Industries Ltd IPO Lot Size
The Divyadhan Recycling Industries Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,28,000 |
| Maximum | 1 | 2,000 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Sustainable Business Model.
- Environmentally conscious approach.
- Cordial relations with our customers.
- Quality Deliverables.
Company Financials
Divyadhan Recycling Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 24.12 | 59.13 | 2.38 |
| 03-2023 | 19.39 | 58.16 | 2.16 |
| 03-2022 | 17.68 | 59.82 | 0.53 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase of Plant and Machinery
- General Corporate Purposes
Divyadhan Recycling Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 47.03% |
| Post Issue Share Holding | 34.62% |
Divyadhan Recycling Industries Ltd IPO Subscription Status (Bidding Detail)
The Divyadhan Recycling Industries Ltd IPO is subscribed 38.0022 times on 30 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 38.0022 |
Divyadhan Recycling Industries Ltd IPO Prospectus
Divyadhan Recycling Industries Ltd IPO Listing Date
| BSE Script | 93282 |
| NSE Symbol | DIVYADHAN |
| Listing In | NSE - SME |
| ISIN | INE0QYI01019 |
| IPO Price | ₹64 |
| Face Value | ₹10 |
Company Contact Information
1803 Lodha Supremus Saki Vihar-Road Opp. Telephone.Exg Powai,Mumbai-400072
Phone: +91 89284 34702
Email: cs@divyadhan.in
Website: www.divyadhan.in
Divyadhan Recycling Industries Ltd IPO Registrar
Divyadhan Recycling Industries Ltd IPO Lead Manager(s)
- Narnolia Financial Services Ltd
FAQ
What is the issue size of Divyadhan Recycling Industries Ltd IPO?
I have pre-applied for Divyadhan Recycling Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.