Stay updated on the Divyadhan Recycling IPO GMP, Kostak rates, and Subject to Sauda rates as of today. The GMP for the Divyadhan Recycling IPO hasn’t started yet. Keep an eye out for the latest updates on the IPO GMP figures.
The Divyadhan Recycling IPO is set to open on September 26, aiming to raise ₹24.17 crores through an SME IPO. The price band for the IPO is set between ₹60 and ₹64 per share, with a minimum market lot of 2,000 shares.
Divyadhan Consultants Private Limited was founded in 2010. In 2013, the current promoters acquired the company as a distressed asset under the SARFAESI Act, 2002, from Axis Bank Limited, located in Himachal Pradesh. In 2023, the company was renamed Divyadhan Recycling Industries Private Limited, and a new Certificate of Incorporation was issued by the ROC, Mumbai, on November 10, 2023.
The last recorded Grey Market Premium (GMP) for Divyadhan Recycling Industries SME IPO is ₹0, as of September 26th, 2024. With a price band of ₹64, the estimated listing price remains ₹64 (cap price + today’s GMP), indicating no expected gain or loss per share (0.00%).
We provide daily updates on GMP. Based on the past eight sessions of grey market activity and today’s trend, no significant movement has been observed, and a similar trend is expected until listing day. Stay tuned for daily updates on the GMP and the estimated listing price of the Divyadhan Recycling Industries SME IPO.
**The GMP figures provided here are purely for informational purposes. We do not engage in or recommend trading in the grey market or subject-to rates (sub2).
Divyadhan Recycling IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 26-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 25-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 24-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 23-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 22-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 21-09-2024 | 64 | ₹0 | — | ₹64 (0%) |
| 20-09-2024 | ₹0 | — | ₹ (0%) | |
| 19-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO is traded in the unofficial or unregulated grey market before its listing. GMP serves as an indicator of how the IPO might perform on the listing day. A positive GMP suggests that the IPO could list at a profit, while a negative GMP signals that it might debut at a discount.
However, it’s important to note that IPO GMP is highly volatile, and making investment decisions based solely on Divyadhan Recycling Industries SME IPO GMP could be risky. Therefore, it’s crucial to consider all factors before deciding whether to invest in the Divyadhan Recycling Industries SME IPO.
Divyadhan Recycling Industries SME IPO Dates
Stay tuned for the latest updates on the Divyadhan Recycling Industries SME IPO, including important dates as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 26-09-2024 |
| SME IPO Close Date | 30-09-2024 |
| Basis of Allotment | 01-10-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 03-10-2024 |
| Credit of Shares | 03-10-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 04-10-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
