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Allotment

Divine Hira Jewellers Limited

Divine Hira Jewellers IPO is a fixed-price issue aggregating to ₹31.84 crore, consisting entirely of a fresh issue of 0.35 crore equity shares, amounting to ₹31.84 crore.

The IPO opened for subscription on March 17, 2025, and closed on March 19, 2025. The basis of allotment was finalized on March 20, 2025, and the shares were subsequently listed on the NSE SME platform on March 24, 2025.

The issue price was fixed at ₹90 per share. The lot size for application was 1,600 shares, requiring a minimum investment of ₹1,44,000 for retail investors at the issue price. For HNI investors, the minimum application size was two lots (3,200 shares), amounting to ₹2,88,000.

Horizon Management Pvt. Ltd. acted as the Book Running Lead Manager, Bigshare Services Pvt. Ltd. served as the Registrar to the Issue, and Giriraj Stock Broking Pvt. Ltd. was appointed as the Market Maker.

Divine Hira Jewellers Limited IPO & Charts
₹90

0%

Open

₹90

HIgh - Low

₹90

Previous Close

₹90

Total Traded Value

0

52 Weeks High

₹90

52 Weeks Low

₹90

Updates On

Mar 10, 2025

IPO. Open

Mar 17, 2026

IPO. Close

Mar 19, 2026

IPO. Price

₹90.00

IPO Market price

To be declared

IPO Details

IPO Date 24 Mar
IPO Listing Date 24 Mar
IPO Face Value ₹10 per share
IPO Price Range ₹90.00
IPO Issue Size 35,37,600 share
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Fixed Price IPO
IPO Listing NSE SME Platform
Share Holding Pre Issue 95,09,500 shares

IPO Timeline

IPO Open Date 17 Mar
IPO Close Date 19 Mar
IPO Allotment (Tentative) 20 Mar
Refunds 21 Mar
Credit to Demat Account 21 Mar
IPO Listing Date 24 Mar

IPO Reservation

Category Offer
QIB Shares Offered -
NII (HNI) Shares Offered 16,80,000 (47.49%) Shares
Retail Shares Offered 16,80,000 (47.49%) Shares

IPO Lot Size

Investors can apply for a minimum of 1,600 shares, and bids must be made in multiples of 1,600 shares.

Application Lots Share Amount
Retail (Min) 1 1,600 ₹1,44,000
Retail (Max) 1 1,600 ₹1,44,000
S-HNI (Min) 2 3,200 ₹2,88,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in July 2022, Divine Hira Jewellers Limited specializes in the designing and marketing of premium 22 Karat gold jewellery. The company caters primarily to wholesalers, showrooms, and retailers, offering a diverse portfolio that blends traditional craftsmanship with modern elegance.

The company’s product range includes an extensive variety of gold jewellery designed to suit different customer preferences and occasions. Its offerings comprise necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewellery. A strong emphasis is placed on localized and region-specific designs, ensuring that each collection aligns with regional tastes and cultural preferences.

Divine Hira Jewellers operates as a wholesaler of gold jewellery, silver articles, bullion, and coins, with its primary operations based in Mumbai, Maharashtra.

As of October 31, 2024, the company employed nine personnel across various functional departments.

Competitive Strengths

Established brand presence that appeals to both wholesalers and retailers

Comprehensive portfolio of 22 Karat gold jewellery, including necklaces, bangles, chains, rings, pendants, and wedding collections

Unique, regionally inspired designs created by skilled artisans and in-house designers, providing a competitive advantage

Strong and long-standing relationships with wholesalers, retailers, and showrooms, supporting consistent sales

-

Company Financials (Consolidated)

Assets 28.54 28.97 23.26
Total Income 136.03 183.41 246.45
Profit After Tax 2.5 1.48 0.91
EBITDA - - -
NET Worth 12.3 9.8 8.32
Reserves and Surplus 9.51 7.32 7.32
Total Borrowing 12.93 18.61 14.05

Key Performance Indicator (KPI)

ROE 16.36%
ROCE 13.54%
Debt/Equity 1.9
RoNW 16.36%
PAT Margin 0.81%
EBITDA Margin -
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 19
3 To meet out the General Corporate Purposes; 6.19
4 Offer for Sale (OFS) -

Contact Details

Divine Hira Jewellers Ltd. Address
74/A, 1st Floor, Office No.2,
Opp. Hotel Bhagat Tarachand
Zaveri Bazar
Mumbai, Maharashtra, 400002
+91 222 240 2662
info@divinehirajewellers.com

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Detail Registrar

IPO Registrar

Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html

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