Listed Price₹84.00
Listing Gain+31.25%
Price Band₹60 - ₹64
Lot Size2,000 shares
Min Bid₹1,28,000
Subscription41.04x
Listed Market Snapshot
₹84.00Listed price from market data
+31.25%listing gain
Issue Amount
₹24.17 Cr
Listed Price
₹84.00
Current Price
₹31
Registrar
Skyline Financial Services Private Limited
Timeline•Book Built Issue IPO
Open26 Sep 2024
Close30 Sep 2024
Allotment01 Oct 2024
Listing04 Oct 2024
Quota Reservation Portions
RetailPortion: 12,52,000 shares
33.16%Nii (hni)Portion: 5,38,000 shares
14.25%AnchorPortion: 10,70,000 shares
28.34%QIBPortion: 7,16,000 shares
18.96%Market MakerPortion: 2,00,000 shares
5.3%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,28,000HNI2 lots / 4,000 shares
₹2,56,000About the Company
Divyadhan Recycling Industries Limited, established in May 2010, is dedicated to producing recycled materials in an eco-friendly way. The company specializes in making Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets from used PET bottles, like those from beverages. Certified for quality (ISO 9001:2015) and environmental management (ISO 14001:2015), Divyadhan focuses on both sustainability and high standards. Its manufacturing unit in Kalyanpur, Baddi, Himachal Pradesh, has an annual production capacity of 8,030 metric tons for fibre and 4,320 metric tons for pellets. As of August 31, 2024, the company had about 83 employees working across different departments.
Company Promoters
Mr. Pratik GuptaMr. Varun Gupta
Lead Managers
Registrar
Skyline Financial Services Private Limited