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Divyadhan Recycling Industries IPO Attracts 38x Subscription on Day 3 – See the Full Highlights!

Divyadhan Recycling Industries IPO achieved 38x subscription on Day 3, highlighting strong investor confidence and positive market sentiment in the recycling sector.
Divyadhan Recycling Industries IPO Attracts 38x Subscription on Day 3 - See the Full Highlights!

Divyadhan Recycling Industries IPO saw substantial interest on Day 3, achieving a subscription rate of 38 times. This level of demand underscores significant investor confidence, reflecting positive market sentiment towards the company’s prospects in the recycling sector as it moves toward public listing.

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Divyadhan Recycling Industries Limited IPO Subscription Status

Divyadhan Recycling Industries IPO continued to draw interest on Day 2, with the issue being subscribed 4.52 times. This robust subscription rate demonstrates ongoing investor confidence and enthusiasm for the company’s prospects within the recycling industry.

How to check Divyadhan Recycling Industries IPO Subscription Status?

Steps to check Divyadhan Recycling Industries Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Divyadhan Recycling Industries Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Divyadhan Recycling Industries Limited IPO Allotment Status

The allotment date for the Divyadhan Recycling Industries Limited IPO is set for October 1, with shares priced from ₹60 to ₹64 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

Divyadhan Recycling Industries Limited IPO Listing Date 

Divyadhan Recycling Industries Limited IPO is expected to be listed on the NSE SME on October 4, 2024.

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