Divyadhan Recycling Industries Ltd IPO — GMP ₹0

Important Dates

6/6 completed

Open

Allotment

Refund

Demat

Listing

Done

Open Date

26 Sep 2024

Thu Completed

Done

Close Date

30 Sep 2024

Mon Completed

Done

Allotment

01 Oct 2024

Tue Completed

Done

Refund

03 Oct 2024

Thu Completed

Done

Demat Credit

03 Oct 2024

Thu Completed

Done

Listing Date

04 Oct 2024

Fri Completed

UPI Deadline: 30 Sep 2024

Issue Details

Pricing & Size

Issue Price

₹64 Face ₹10

Lot Size

2,000 shares

Min Investment

₹128,000

Total Issue Size

37,76,000 shares (aggregating up to ₹24.17 Cr)

IPO Information

Issue Type

Bookbuilding IPO

Sale Type

Fresh Capital

Listing Exchange

NSE SME

Script / Ticker

Allocation Breakdown

Market Maker

2,00,000 (5.30%)

QIB Portion

17,86,000 (47.30%)

NII / HNI

5,38,000 (14.25%)

Retail

12,52,000 (33.16%)

Employee

Net Offer to Public

35,76,000 shares (aggregating up to ₹22.89 Cr)

Shareholding Pattern

Pre-Issue Shareholding

1,05,30,714 shares

Post-Issue Shareholding

1,43,06,714 shares

Application Size

Category	Min Lots	Shares	Amount
Retail (sNII)	1	2,000	₹1,28,000
HNI / NII	2	4,000	₹2,56,000

Objects of Issue

3 objectives

To meet the Capital Expenditure.

To meet the General Corporate Purposes; and

To meet out the Issue Expenses.

Lead Managers & Market Maker

Book Running Lead Managers

Narnolia Financial Services Ltd

Market Maker

Kantilal Chhaganlal Securities Pvt.Ltd.

IPO Timeline

Open

26 Sep

✓ Done

30 Sep

✓ Done

Allotment

01 Oct

✓ Done

Listing

04 Oct

✓ Done

Registrar Details

Skyline Financial Services Pvt.Ltd

SEBI Registered Registrar & Transfer Agent

Phone

02228511022

Website

https://www.skylinerta.com/ipo.php

Check Allotment Status

Company Contact

Website

http://www.divydhan.in/

cs@divyadhan.in

Phone

+ 91- 8928434702

Address

1803, Lodha Supremus, Saki Vihar Road, Opp. Telephone Exchange Powai Mumbai, Maharashtra, 400072

Grey Market Premium

LIVE

Current GMP

+₹0

+0% vs Issue Price

Issue Price

₹64

Est. Listing

₹64

Lot Size

2,000 shares

P&L / Lot

+₹0

GMP is unofficial grey market data. Does not guarantee listing price or returns.

GMP Return Calculator

Issue Price (₹)

GMP (₹)

Lot Size

Number of Lots

Estimated Listing

GMP %

Investment (1 Lot)

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Expected P&L

ROI

Divyadhan Recycling Industries Ltd LIVE

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| Price

Market Reference

IPO Issue Price

₹64

GMP

+₹0 (+0%)

GMP Est. Listing

₹64

Previous Close

—

Exchange

—

Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.

Category-wise Subscription

Category	Sub (×)	Offered	Bid For	Amt (Cr)*
QIB	—	17,86,000 (47.30%)	—	₹1,143.04 Cr
NII / HNI (Total)	—	5,38,000 (14.25%)	—	₹344.32 Cr
Retail Investors	—	12,52,000 (33.16%)	—	₹801.28 Cr
Total **	—	37,76,000 (100.00%)	—	₹24,166.40 Cr
Market Maker *	—	2,00,000 (5.30%)	—	₹12.80 Cr

* Based on ₹64.00 (upper price band)

NII / HNI Breakdown

Shares Reserved

QIB

17,86,000 (47.30%)

NII

5,38,000 (14.25%)

Retail

12,52,000 (33.16%)

Market Maker

2,00,000 (5.30%)

* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial Summary

Amount in ₹ Lakhs

Metric	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue	5912.88	5815.51	5981.52
PAT	237.80	216.18	52.91
EBITDA	—	—	—
Net Worth	1291.03	853.23	637.05
Total Assets	2412.11	1938.64	1767.74
Reserves	764.49	353.23	137.05
Borrowings	606.64	545.55	799.76

Key Financial Ratios

18.42%

ROE

Return on Equity

20.76%

ROCE

Return on Capital Employed

18.42%

RONW

Return on Net Worth

4.24%

PAT Margin

PAT / Revenue

0.47

D/E Ratio

Debt to Equity

4.90

P/BV

Price to Book Value

2.26

Pre EPS

EPS Pre-Issue

1.66

Post EPS

EPS Post-Issue

28.34

Pre P/E

P/E Pre-Issue

38.5

Post P/E

P/E Post-Issue

About Divyadhan Recycling Industries Ltd

Incorporated in May 2010, Divyadhan Recycling Industries Limited manufactures Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets.

The company is certified for Quality Management System (ISO 14001:2015) and Environmental Management System (ISO 14001:2015) for manufacturing Recycled Polyester Staple Fibre.

The company operates in two business verticals:-

Recycled Fiber: The company produces synthetic fibre known as Recycled Polyester Staple Fiber (R-PSF) from PET bottles, such as those used for Coke, soda, water, and other post-consumer PET bottles.
Recycled Pellets/chips: They also manufacture pellets called recycled pellets, which are sourced from the same raw materials as recycled polyester staple fiber.

The Company's manufacturing unit is located in Village Kalyanpur, Tehsil Baddi, Dist Solan Himachal, and has a total capacity of 8030 metric tons per annum for fibre and 4320 metric tons per annum for pellets.

As of August 31, 2024, the company had around 83 employees in various departments.

Frequently Asked Questions

What is the issue price of Divyadhan Recycling Industries Ltd IPO?

The issue price of Divyadhan Recycling Industries Ltd IPO is ₹64 per share, face value ₹10.

What is the lot size?

Minimum lot size is 2,000 shares, requiring ₹128,000.

What are the IPO dates?

Opens 26 Sep 2024, closes 30 Sep 2024.

When is the listing date?

Tentative listing: 04 Oct 2024 on NSE SME.

What is the current GMP?

Current GMP is +₹0, estimated listing ₹64 (+0%). GMP is unofficial.

How to apply?

Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Divyadhan Recycling Industries Ltd IPO · Expected 01 Oct 2024

Check on Registrar

Post-IPO Timeline

Allotment Date

01 Oct 2024

Refund Initiation

03 Oct 2024

Demat Credit

03 Oct 2024

Listing Date

04 Oct 2024

Live Price LIVE

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Quick Facts

Closed

GMP Signal

Bullish

+₹0

+0%

Issue Price

₹64

Face ₹10

Lot Size

2,000

shares / lot

Min Amount

₹128,000

1 lot

Est. Listing

₹64

GMP +₹0

Key Dates

Open

26 Sep Done

30 Sep Done

Listing

04 Oct Done

Registrar

Skyline Financial Services Pvt.Ltd