Recently Viewed
Clear AllBidding Date
26-Sep-2024 to
30-Sep-2024
Issue Size
₹24.17 Cr
Price Band
₹60 to ₹64
Allotment date
01-Oct-2024
Listing date
04-Oct-2024
Lot size
2000
No. of shares
37,76,000
Fresh issue/OFS
₹24.17 Cr /--
Divyadhan Recycling Industries Limited, incorporated in 2010, specializes in the production of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets, both of which are manufactured from post-consumer PET bottles. The recycling process allows the company to produce environmentally friendly products, catering to various industries such as textiles, home furnishings, and packaging. The company's recycled polyester staple fiber comes in various forms—hollow and solid—and is used to produce products like pillows, cushions, quilts, automotive components, and insulation materials. The recycled pellets are also used in the production of food and non-food grade bottles. The facility in Baddi, Himachal Pradesh, is equipped with modern machinery to ensure efficient production and adherence to environmental regulations.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
37.9x
The issue size of Divyadhan Recycling is ₹24.17 Cr.
Divyadhan Recycling falls into Textiles and Leather industry.
The Divyadhan Recycling IPO will be listed on BSE.
The open and close dates for the Divyadhan Recycling are 26-Sep-2024 & 30-Sep-2024.
The price band for the Divyadhan Recycling ipo is ₹60 to ₹64
The listing date of Divyadhan Recycling IPO is 04-Oct-2024.
The purpose of this IPO is to raise fresh capital.
Divyadhan Recycling total subscription ratio is 37.9X.
Key financial of the Divyadhan Recycling are:
| Divyadhan Recycling | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 56.13 | 57.34 | 57.78 |
| EBIT (₹ Cr) | 1.98 | 2.76 | -0.52 |
| Proft after Tax (₹ Cr) | 3.07 | 2.16 | 0.53 |
| Debt (₹ Cr) | 6.07 | 5.46 | 8 |
| Net Worth (₹ Cr) | 12.74 | 8.53 | 6.37 |
| RoE (%) | 24.08 | 25.34 | 8.31 |