What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Divyadhan Recycling Industries Limited IPO?

Divyadhan Recycling Industries Limited IPO has received a total subscription of 41.04 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Divyadhan Recycling Industries Limited

ListedSME

Emerging SME Services · NSE

Divyadhan Recycling Industries Limited, established in May 2010, is dedicated to producing recycled materials in an eco-friendly way. The company specializes in making Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets from used PET bottles, like those from beverages. Certified for quality (ISO 9001:2015) and environmental management (ISO 14001:2015), Divyadhan focuses on both sustainability and high standards. Its manufacturing unit in Kalyanpur, Baddi, Himachal Pradesh, has an annual production capacity of 8,030 metric tons for fibre and 4,320 metric tons for pellets. As of August 31, 2024, the company had about 83 employees working across different departments.

Price Band

₹60 – ₹64

Issue Size

₹24.17 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹64

at current GMP

Subscribed

41.04x

overall

Open

26 Sep 2024

30 Sep 2024

Allotment

1 Oct 2024

Refund

2 Oct 2024

Demat Credit

3 Oct 2024

Listing

4 Oct 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

41.04x

Total Demand

QIB Multiplier

29.39x

Institutions & Funds

NII / HNI

76.41x

High Net-Worth

Retail (RII)

32.49x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 41.04x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	716,000	21,046,000	29.39x
NIB	538,000	41,106,000	76.41x
RETAIL	1,252,000	40,682,000	32.49x
Total	2,506,000	102,834,000	41.04x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 34.03x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	661	21,476	32.49x
HNIs (10L +)	4	306	76.41x
HNIs (2-10L)	20	1,528	76.41x
Total Applications	685	23,310	34.03x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Divyadhan Recycling Industries Limited Public Issue & Market Profile

Divyadhan Recycling Industries Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹24.17 Crores. The shares are offered at a price band of ₹60 to ₹64 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-09-30, the basis of allotment is scheduled to be finalized on 2024-10-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Ltd) or the BSE allotment checking window.

Frequently Asked Questions

What is Divyadhan Recycling Industries Limited IPO GMP today?

Currently, Divyadhan Recycling Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹60 to ₹64 per equity share.

What is the expected profit per lot for Divyadhan Recycling Industries Limited IPO?

The retail lot size is 2000 shares requiring a minimum application amount of ₹1,28,000. Expected listing price is ₹64 per equity share.

What is the issue size and price band for Divyadhan Recycling Industries Limited IPO?

The Divyadhan Recycling Industries Limited IPO aggregate issue size is ₹24.17 Crores with an equity price band set at ₹60 to ₹64 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Divyadhan Recycling Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 41.04x (Retail: 32.49x, QIB: 29.39x, NII: 76.41x). You can track live multiples directly on our dedicated subscription page.

Where and when will Divyadhan Recycling Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Ltd) and the BSE status verification website on or around 2024-10-01. Investors can verify status using PAN card or application number.

When is the listing date for Divyadhan Recycling Industries Limited IPO?

Divyadhan Recycling Industries Limited shares are scheduled to list on NSE on 2024-10-04.