Divyadhan Recycling Industries IPO opens today. Check issue size, price band, GMP and other details
IPO of Divyadhan Recycling Industries will open for subscription today and will close on Monday, September 30. The company aims to raise nearly Rs 24 crore through the SME IPO and list the shares on the NSE SME platform.
Here are 10 key things investors need to know about the public offer before subscribing to the issue.
1) Divyadhan Recycling Industries IPO size
The IPO is entirely a fresh equity issue of 37.76 lakh shares and through the issue, the company plans to raise Rs 24 crore.
2) Divyadhan Recycling Industries IPO price band
The company is offering its shares at Rs 60-64 apiece, and investors can bid for 2,000 shares in 1 lot. It is a 100% book building issue and investors can subscribe to it between 9 am and 5 pm.
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