Divyadhan Recycling Industries IPO — Listing Performance
Divyadhan Recycling Industries IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 26 Sep 2024 |
| Listing date | 4 Oct 2024 |
| Issue price | ₹64 |
| Listing-day close | ₹88.20 (37.81%) |
| Recent market price | ₹46.75 (-26.95% vs issue) |
| 52-week range | ₹18.25 – ₹58.10 |
| Identifiers | NSE: DIVYADHAN · ISIN: INE0QYI01019 |
How the listing went
Divyadhan Recycling Industries had a strong market debut, ending listing day 37.81% over the issue price.
Divyadhan Recycling Industries against every other debut on record
- Rank in 2024: 121 of 262 NSE debuts, on a 37.81% first-day close.
- 47th percentile of 176 SME debuts in 2024 (median 41.27%).
- 7th of 24 debuts in October 2024.
- Opened 31.25% above issue, then added 6.56 points to the close.
- Day-one range ₹81 to ₹88.20: a 11.25% swing on the issue price.
- Last close ₹46.75 (9 Sep 2026): 26.95% below issue, against 37.81% on day one.
- 72% up its 52-week range of ₹18.25 to ₹58.10.
- Priced at the top of the ₹60 to ₹64 band.
- Listed 4 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources