Divyadhan Recycling Industries Ltd. IPO: Key Details

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 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, Our Company also started manufacturing of Recycled Pellets. However, our company is in the trial stage of manufacturing the recycled pellets.

Divyadhan Recycling Industries Ltd. IPO Details

IPO Date September 26, 2024 to September 30, 2024
Listing Date October 04 2024
Face Value ₹10 per share
Price Band ₹60 to ₹64 per share
Lot Size 2000 Shares
Total Issue Size 2706000 Shares
Issue Type Book building
Listing At NSE 
Share holding pre issue 9905714
Share holding post issue 9905714

Divyadhan Recycling Industries Ltd. IPO Promoter Holding

The promoter of the company is Pratik Gupta, Varun Gupta,

Share Holding Pre Issue 94.06%
Share Holding Post Issue 69.24%

Divyadhan Recycling Industries Ltd. IPO Objectives

1.To meet out the Capital Expenditure.2.To meet out the General Corporate Purposes.3.To meet out the Issue Expenses.

Divyadhan Recycling Industries Ltd. IPO Prospectus

Divyadhan Recycling Industries Ltd. Lead Managers

  • Narnolia Financial Services Ltd.

Divyadhan Recycling Industries Ltd. IPO Contact Information

  • Pramod Kumar Gupta
  • Phone: + 91- 8928434702
  • Email: cs@divyadhan.in

Divyadhan Recycling Industries Ltd. IPO Registrar

  • Name: Skyline Financial Services Pvt Ltd
  • Phone: +91-011-26812682/84
  • Email: admin@skylinerta.com