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Open
26 Sep 2024
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Close
30 Sep 2024
3
Allotment
—
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Listing
Fri, Oct 4, 2024
Price Band
₹60 to ₹64
Issue Size
37,76,000 shares (agg. up to ₹24 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Oct 4, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
04-10-2024₹0Est. ₹64+0%
03-10-2024₹0Est. ₹64+0%
02-10-2024₹0Est. ₹64+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.91x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.12 | 19.39 | 17.68 |
| Total Income | 59.13 | 58.16 | 59.82 |
| Profit After Tax | 2.38 | 2.16 | 0.53 |
| NET Worth | 12.91 | 8.53 | 6.37 |
| Reserves and Surplus | 7.64 | 3.53 | 1.37 |
| Total Borrowing | 6.07 | 5.46 | 8.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Avi Ansh Textile Ltd. | SME | ₹25.99 Cr | ₹62 | 18.31 | ₹71.15 | +14.76% | ₹103.50 |
| Gajanand International Ltd. | SME | ₹20.65 Cr | ₹36 | 21.08 | ₹39.90 | +10.83% | ₹8.75 |
| United Cotfab Ltd. | SME | ₹36.29 Cr | ₹70 | 9.7 | ₹78.75 | +12.50% | ₹14.22 |
| Piotex Industries Ltd. | SME | ₹14.47 Cr | ₹94 | 11.14 | ₹114.30 | +21.60% | ₹26.00 |
| Shree Karni Fabcom Ltd. | SME | ₹42.49 Cr | ₹227 | 21.26 | ₹273.00 | +20.26% | ₹397.90 |
| Kalahridhaan Trendz Ltd. | SME | ₹22.49 Cr | ₹45 | 8.24 | ₹49.50 | +10.00% | ₹9.00 |
| Shanti Spintex Ltd. | SME | ₹31.25 Cr | ₹70 | 9.82 | ₹79.80 | +14.00% | ₹35.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the Capital Expenditure | 17.04 |
| 2 | To meet out the General Corporate Purposes; and | 3.98 |
About Divyadhan Recycling IPO
Updated on Aug 5, 2026
Contact Details
Divyadhan Recycling Industries Ltd. Address1803, Lodha SupremusSaki Vihar Road, Opp.Telephone ExchangePowaiMumbai, Maharashtra, 400072+ 91- 8928434702cs@divyadhan.inVisit Website