Divyadhan Recycling IPO

Listed Listed stocks

Divyadhan Recycling IPO Details

  • Bidding 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 /--

About Divyadhan Recycling Company

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.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    37.9x

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FAQs for Divyadhan Recycling IPO.

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