Divyadhan Recycling Industries IPO

Divyadhan Recycling Industries Ltd

₹1,20,000 /2000 sharesMinimum Investment

Divyadhan Recycling Industries IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹64.00₹84.00₹20.00 (31.25%)

Divyadhan Recycling Industries IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Sep ‘24 - 30 Sep ‘24₹1,20,0002,000₹60 - ₹64
Issue SizeIPO Doc
24.17Cr
RHP PDF

Subscription rate

As of 30 Sep'24, 04:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total20.6674057649667x

About Divyadhan Recycling Industries

Divyadhan Recycling Industries is a manufacturer of recycled polyester staple fibre (R-PSF) and recycled pellets. These products are made from post-consumer polyethylene terephthalate (PET) bottles. The company produces hollow and solid R-PSF, which is commonly used in premium pillows, cushions, and quilts. The recycled fibre finds application in industrial segments such as packaging, home furnishings, textiles including clothing, home furnishings, automotive components, non-woven fabrics, and insulation materials. Recycled pellets are also used for producing both food-grade and non-food-grade bottles.;
Founded in
2010
Managing director
Mr. Varun Gupta
Parent organisation
Divyadhan Recycling Industries Ltd

Strengths & Financials of Divyadhan Recycling Industries

Strengths
Risks
The company is ISO 9001:2015 certified for quality management systems and ISO 14001:2015 certified for environmental management systems.
The company’s manufacturing facility in Baddi, Himachal Pradesh, has an annual production capacity of 8,030 metric tonnes of fibre and 4,320 metric tonnes of pellets.
The company has seen a consistent increase in profit after tax (PAT) over the past few years. PAT increased from Rs 0.53 crore in FY22 to Rs 2.16 crore in FY23 to Rs 2.38 crore in FY24.

Divyadhan Recycling Industries Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Divyadhan Recycling Industries IPO

Apply asPrice bandApply upto
Regular60 - 64₹2 Lakh
High Networth Individual60 - 64₹2 - 5 Lakh
For Divyadhan Recycling Industries IPO, eligible investors can apply as Regular.
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