ListedSMEDIVYADHAN

Divyadhan Recycling Industries Limited

Divyadhan Recycling Industries Limited is an SME IPO raising ₹24 Cr at ₹60 – ₹64 a share. It listed on 4 Oct 2024 at ₹84, +31.3% against its issue price of ₹64, and trades at ₹47 today (−26.9% since issue). It was subscribed 0.00× in total.

64
Issue price
47
Price now
−26.9%
Since issue price
4 Oct 2024
Listed on
0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

How its cohort has done

237 SME issues listed in 2024 that we can price today. This is the group this issue belongs to.

−13.1%
Median return since issue price
57.4%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidNot available from NSE for this issue
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar1 bank
Official documents3 documents
Listing-day priceOpened at ₹84 on debut
Performance since listingComputed from our own daily closes

Led by Narnolia Financial Services Limited — median −19.2% across the 23 of its issues we can price. All lead managers →

What happens when

26 SeptBidding opens
30 SeptBidding closes
1 OctAllotment
3 OctRefunds
4 OctListing

Track DIVYADHAN RECYCLING IND L

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.