Divyadhan Recycling Industries LTD
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-09-2024 | 29-09-2024 | 10 per share | 64 | 2000 Shares | NSE SME | 3,776,000 shares (aggregating up to ₹24.17 Cr) | 2024-09-30 18:30:00 | 2024-10-02 18:30:00 | 2024-10-02 18:30:00 | 30-11--0001 |
About The Company
Divyadhan Recycling Industries IPO is a book built issue of Rs 24.17 crores. The issue is entirely 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 expected 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.
Divyadhan Recycling Industries IPO price band is set at ₹60 to ₹64 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹256,000.
Narnolia Financial Services Ltd is the book running lead manager of the Divyadhan Recycling Industries IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Divyadhan Recycling Industries IPO is Kantilal Chhaganlal Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 1768 | 5982 | 53 | 63704999.99 | 137.05 | 799.76 |
| 30-03-2023 | 1939 | 5816 | 5816 | 853.23 | 353.23 | 545.55 |
| 30-03-2024 | 2412 | 5913 | 238 | 1291.03 | 764.49 | 606.64 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 29.39 |
| Non-Institutional Buyers | 76.03 |
| Investors | 32.43 |
| Total | 40.93 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI | 2 | 4000 | 256000 |
IPO Listing Details
| Listing Date | 30-11--0001 |
| BSE Script Code | - |
| NSE Symbol | DIVYADHAN |
| ISIN | INE0QYI01019 |
| Final Issue Price | 0 |
Promoter holdings
Mr. Pratik Gupta and Mr. Varun Gupta.
Contact Information of the Company
Divyadhan Recycling Industries Limited
1803, Lodha Supremus,
Saki Vihar Road, Opp. Telephone Exchange
Powai, Mumbai City - 400072,
Phone: + 91- 8928434702
Email: cs@divyadhan.in
Website: http://www.divydhan.in/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email:
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Narnolia Financial Services Ltd (Past IPO Performance)