Divyadhan Recycling Industries Limited

About  Divyadhan Recycling Industries Limited

Incorporated in May 2010, Divyadhan Recycling Industries is a forward-thinking company dedicated to sustainable practices through the manufacturing of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. Their manufacturing facility in Baddi, Himachal Pradesh, boasts a capacity of 8030 Metric tons per annum for R-PSF. Their products are derived from post-consumer PET bottles, showcasing their commitment to recycling and environmental stewardship. In November 2023, they expanded their operations to include the production of Recycled Pellets, currently in the trial stage, further diversifying their offerings and enhancing their impact in the recycling industry.

Their product range includes both hollow and solid Recycled Polyester Staple Fibre, renowned for their resilience and versatility. These fibres are instrumental in creating premium home textiles, such as pillows, cushions, and quilts. With unique insulating properties, their recycled fibres find applications across various sectors, including clothing, automotive components, non-woven fabrics, and insulation materials. This wide applicability underscores our commitment to providing sustainable solutions that cater to diverse industries, promoting a circular economy.

In addition to R-PSF, their Recycled Pellets are essential for manufacturing both food-grade and non-food-grade bottles. They adhere to stringent guidelines, including those set by the Food Safety and Standards Authority of India (FSSAI), to ensure the safety and quality of their recycled products. Currently, they supply to non-food industries, fulfilling their demand for sustainable packaging solutions. By sourcing raw materials from various junk collectors, they not only support local economies but also contribute to reducing plastic waste, aligning with mission of effective resource management.

Their vision is to lead in the collection, segregation, recycling, and treatment of PET waste, promoting sustainability for a healthier planet. Through advanced technology and innovative practices, they strive to inspire positive change across industries, making a lasting impact on environmental conservation and setting new standards in responsible PET waste management.

Divyadhan Recycling Industries prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives.

1. To meet out the Capital Expenditure. .
2. To meet out the General Corporate Purposes.
3. To meet out the Issue Expenses.