214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Divyadhan Recycling Industries IPO (Divyadhan Recycling Industries Limited IPO) Detail

Divyadhan Recycling Industries Limited is an Recycling based company, located in Mumbai, Divyadhan Recycling Industries Limited IPO size was 24.17 Cr. and was issued at 64.00 per share. The share of Divyadhan Recycling Industries Limited were listed at 88.20 per share and are currently trading at 40.20 per share.

Type :
Sub Sector : Manufactures Recycled Polyester Staple Fibre (R-PSF) And Recycled Pellets.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
59.12 Cr.

PAT :
2.37 Cr.

Pricing Report

Issue Price :
64.00

Listing Price :
88.20

Current Market Price :
40.20

Issue Price vs CMP :
23.8 (37.19%)

listing Price vs CMP :
48 (54.42%)

Performance Report (CAGR* wise)

CAGR : -36.71
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Divyadhan Recycling Industries

Company Information
Divyadhan Recycling Industries Limited 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. The company started its operations in the financial year 2018-19, by manufacturing Recycled Polyester Staple Fibre (R-PSF) at their manufacturing facility based in Baddi, Himachal Pradesh with a capacity of 8030 Metric tons per annum. Further, in November 2023, The Company also started manufacturing of Recycled Pellets. However, the company is in the trial stage of manufacturing the recycled pellets. They produce Hollow and Solid Recycled Polyester Staple Fibre, which gives good resilience properties and is used to make premium pillows, cushions and quilts. The recycled fibre is supplied
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Object of Issue
  • To meet the Capital Expenditure
  • To meet the General Corporate Purposes
  • To meet out the Issue Expenses

Divyadhan Recycling Industries SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2024
IPO Size :
24.17 Cr.
Market Cap :
91.56 Cr.   
IPO Subscription :
40.93 X     
PE Multiple :
38.50
Anchor Investors:
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FAQs

Divyadhan Recycling Industries operates in Recycling and Manufactures Recycled Polyester Staple Fibre (R-PSF) And Recycled Pellets.. The Issue is listed on NSE EMERGE in Oct, 2024. Divyadhan Recycling Industries IPO size was 24.17 Cr. with Issue price of 64.00 .

Divyadhan Recycling Industries IPO subscription was 40.93 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Divyadhan Recycling Industries IPO listed at a listing price of 88.20 against the offer price of 64.00.

The current market price of Divyadhan Recycling Industries is 40.20.

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