Divyadhan Recycling Industries Ltd IPO

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Divyadhan Recycling Industries Limited, incorporated in 2010, specializes in the production of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets, both of which are manufactured from post-consumer PET bottles. The recycling process allows the company to produce environmentally friendly products, catering to various industries such as textiles, home furnishings, and packaging. The company's recycled polyester staple fiber comes in various forms—hollow and solid—and is used to produce products like pillows, cushions, quilts, automotive components, and insulation materials. The recycled pellets are also used in the production of food and non-food grade bottles. The facility in Baddi, Himachal Pradesh, is equipped with modern machinery to ensure efficient production and adherence to environmental regulations.