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IPO Snapshot    
Divyadhan Recycling Industries Ltd.
Issue Open Date 26-Sep-24  
Issue Closing Date 30-Sep-24  
Application Money 100  
Allotment Money  
Price Band 60 - 64  
Minimium Application No. 2000  
Issue Size (Shares) 2706000  
Market Lot 1.00  
Objective
1.To meet out the Capital Expenditure.2.To meet out the General Corporate Purposes.3.To meet out the Issue Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     41106000   NA  
Qualified Institutional Buyers     21046000   NA  
Retail Individual Investors     40682000   NA  
Business Description
Our company is into the business of manufacturing of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. The recycled fibre and pellets are produced from post-consumer PET bottles also known as Polyethylene Terephthalate bottles. Our company started
more...
Promoter's Holding
Total Share Capital   9905714  
Offered to Public   3776000  
Promoter's Holding (Pre-Issue)   94.06  
Promoter's Holding (Post-Issue)   69.24  
Address
1803
Lodha Supremus
Saki Vihar Road
Opp. Telephone Exchange
Powai
Mumbai ,
Maharashtra ,
400072
Phone: 8928434702
Email: cs@divyadhan.in
Website: www.divyadhan.in
Registrar
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
Listed at
NSE
Lead Manager
Narnolia Financial Services Ltd.
Promoters
Pratik Gupta
Varun Gupta
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