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divyadhan recycling industries ltd

Divyadhan Recycling Industries Ltd

Issue
Opens On	Closes On
26-Sep-24	30-Sep-24

Money Payable On
Application	Allotment
64.00	0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

Lead Managers to the Issue
Project Cost (₹.Cr)	0.00	Narnolia Financial Services Ltd
Project Financed through Current Offer (₹.Cr)	24.17
Post Issue Equity Share Capital (₹.Cr)	14.31
Issue Price (₹)	64.00

Projects

Purchase of Plant and Machinery

General Corporate Purposes

Promoted By

Pratik Gupta

Varun Gupta

Listing At

NSE - SME

Registrar to the Issue

No Data Available

Registered Office: 1803 Lodha Supremus Saki Vihar,-Road Opp. Telephone.Exg Powai, Mumbai - 400072, Maharashtra, India. Phone : +91 89284 34702 Fax:
Email : cs@divyadhan.in
Website :www.divyadhan.in

Initial public offering up to 37,76,000 equity shares of Rs. 10/- each ("Equity Shares") of Divyadhan Recycling Industries Limited ("DRIL" or the "Company") for cash at a price of Rs. 64/- per equity share (the "Issue Price"), aggregating to Rs. 24.17 crores ("The Issue"). Out of the issue, 2,00,000 equity shares aggregating to Rs. 1.28 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 35,76,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 64/- per equity share aggregating to Rs. 22.89 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.39% and 25.00%, respectively of the post issue paid up equity share capital of the company.

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