Divyadhan Recycling IPO Subscription Details

Bookbuilding IPO | ₹24 Cr | Listed at NSE SME | Thu, Sep 26, 2024 - Mon, Sep 30, 2024

Basis of Allotment - Divyadhan Recycling IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)7,16,00010,70,00017,86,0005,38,00012,52,00035,76,000
Allotment price (Rs.)646464646464
No.of applications134171,31720,17821,512
No.of shares applied2,10,38,00010,70,0002,21,08,0004,09,02,0004,03,56,00010,33,66,000
Amount collected (Rs.cr.)134.64 6.85 141.49 261.77 258.28 661.54
No.of times subscribed29.381.0012.3876.0332.2328.91
No.of shares allotted7,16,00010,70,00017,86,0005,38,00012,52,00035,76,000
Amount (Rs.cr.)4.58 6.85 11.43 3.44 8.01 22.89
No.of allottees13417114626757

IPO Shares Offered

Divyadhan Recycling IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.13 Cr shares to retail investors, 0.18 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,00,0001.28 5.30%
QIB 17,86,00011.43 47.30%
    Anchor 10,70,000 6.85 28.34%
    QIB (Ex Anchor) 7,16,000 4.58 18.96%
NII* 5,38,0003.44 14.25%
Retail12,52,0008.01 33.16%
Total37,76,00024.17 100%

Divyadhan Recycling IPO Anchor Investor Allocation

A total of 10,70,000 shares at a price of Rs 64 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 25, 2024
Anchor investor price₹64.00
Anchor investors as % of QIBs59.91%
No. of shares locked-in for 30 days5,35,000
No. of shares locked-in for 90 days5,35,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PERSISTENT GROWTH FUND PERSISTENT 3,12,000 2.00 29.16 8.26
2 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 3,00,000 1.92 28.04 7.94
3 ZETA GLOBAL FUNDS (OEIC) PCC LTD.-ZETA SERIES B FUND PC ZETA GLOBAL FUNDS (OEIC) PCC LTD. 1,58,000 1.01 14.77 4.18
4 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 3,00,000 1.92 28.04 7.94
10,70,0006.8510028.34

IPO Subscription FAQs

The Divyadhan Recycling IPO is subscribed 28.6801 times by Sep 30, 2024 18:20.

Divyadhan Recycling IPO Subscription

Investor Category Subscription (times)
Qualified Institutional29.3939
Non Institutional76.0335
Retail Individual32.4345
Total Subscription28.6801

Retail category of Divyadhan Recycling IPO subscribed 32.4345 times as of date Sep 30, 2024 18:20. The public issue closes on Mon, Sep 30, 2024 for bidding.

An investor can apply in Divyadhan Recycling IPO online via bank (using ASBA) or the broker (using UPI). The Divyadhan Recycling IPO shares are offered online only.

The Divyadhan Recycling IPO is subscribed 28.6801 times by Sep 30, 2024 18:20.

The Divyadhan Recycling IPO allotment status is expected on or around Tuesday, October 1, 2024. Visit Divyadhan Recycling IPO allotment status to check.

The Divyadhan Recycling IPO listing date is October 4, 2024. The equity share of Divyadhan Recycling IPO will list on NSE SME.

Visit Divyadhan Recycling IPO subscription status page for real-time bidding information about Divyadhan Recycling IPO.

Divyadhan Recycling IPO Timetable

IPO opens OnThursday, September 26, 2024
IPO Closes OnMonday, September 30, 2024
Finalisation of Basis of AllotmentTuesday, October 1, 2024
Initiation of RefundsThursday, October 3, 2024
Credit of Shares to Demat AccountThursday, October 3, 2024
IPO Listing DateFriday, October 4, 2024
Open an Instant Account with Zerodha