Divine Hira Jewellers IPO will open on 17 March 2025 and close on 19 March 2025, with the allotment finalized on 20 March 2025. The IPO is set to be listed on the NSE platforms on 24 March 2025. It is a Fixed Price Issue of 35.38 lakh shares worth ₹31.84 Crores, entirely a fresh issue. The IPO price is set at ₹90 per share, with a minimum lot size of 1,600 shares, requiring a minimum investment of ₹1,44,000 for retail investors.
Divine Hira Jewellers reported a revenue of ₹183.41 crores in 2024, compared to ₹246.45 crores in 2023, while its profit increased to ₹1.48 crores in 2024 from ₹0.91 crores in 2023.
Divine Hira Jewellers IPO Details
| IPO Date | 17 March 2025 |
| Listing Date | 24 March 2025 |
| IPO Price | ₹90 Per Share |
| IPO Lot Size | 1,600 |
| Face Value | ₹10 Per Equity Share |
| Issue Type | Fixed Price Issue |
| IPO Listing At | NSE SME |
| Issue Size | 35,37,600 shares |
| Issue Size (Amount) | Approx ₹31.84 Crores |
| Fresh Issue | 35,37,600 shares |
| Fresh Issue (Amount) | Approx ₹31.84 Crores |
| IPO Docs | 🔗DRHP 🔗RHP |
Divine Hira Jewellers IPO Market Lot
The Divine Hira Jewellers IPO has a minimum market lot of 1,600 shares, requiring an application amount of ₹1,44,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,600 | ₹1,44,000 |
| Retail Maximum | 1 | 1,600 | ₹1,44,000 |
| S-HNI Minimum | 2 | 3,200 | ₹2,88,000 |
Divine Hira Jewellers IPO Dates
The Divine Hira Jewellers IPO will open on 17 March 2025 and close on 19 March 2025, with allotment finalization on 20 March 2025 and listing on 24 March 2025.
| IPO Open Date | 17 March 2025 |
| IPO Close Date | 19 March 2025 |
| Allotment finalization | 20 March 2025 |
| Refund initiation | 21 March 2025 |
| Share credit | 21 March 2025 |
| IPO Listing Date | 24 March 2025 |
Divine Hira Jewellers IPO GMP
As of 24 March 2025, the latest GMP for the Divine Hira Jewellers IPO is ₹9. With a price band of ₹90 Per Share, the estimated listing price remains ₹94.
Check the live GMP status of all upcoming and closed IPOs on the Live IPO GMP Dashboard.
Divine Hira Jewellers IPO Allotment Status
Divine Hira Jewellers IPO allotment status is expected to be finalized on 20 March 2025. The listing will be on the NSE platforms on 24 March 2025. They can check the allotment online on the Bigshare Services Pvt Ltd website.
Check the live allotment status of all upcoming and closed IPOs on the IPO allotment status Dashboard.
Divine Hira Jewellers IPO Listing Date
Divine Hira Jewellers IPO listing date is 24 March 2025. Listing will be on the NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Divine Hira Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Quota | Not more than 50% |
| NII Quota | Not more than 50% |
About Divine Hira Jewellers Company
Divine Hira Jewellers specializes in designing and marketing 22 Karat gold jewellery, offering a diverse range of designs to cater to regional preferences. Based in Mumbai, Maharashtra, the company is engaged in wholesale trading of gold jewellery, silver articles, bullions, and coins. Their product range includes machine-made and handmade jewellery such as necklaces, mangalsutras, chains, rings, bangles, and wedding jewellery. With expertise in localized designs, Divine Hira ensures a variety of styles for different tastes. As of October 31, 2024, the company employs nine people.
Divine Hira Jewellers IPO Financial Report
Divine Hira Jewellers reported a revenue of ₹183.41 crores in 2024, compared to ₹246.45 crores in 2023, while its profit increased to ₹1.48 crores in 2024 from ₹0.91 crores in 2023. (Amount ₹ in Crores)
| Period Ended | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 28.54 | 28.97 | 23.26 | 19.78 |
| Revenue | 136.03 | 183.41 | 246.45 | 142.4 |
| Profit After Tax | 2.5 | 1.48 | 0.91 | 0.28 |
Key Performance Indicators for Divine Hira Jewellers
Check Divine Hira Jewellers IPO valuations detail like ROE, RoCE, RoNW, PAT Margin and NAV details.
| KPI | Values |
|---|---|
| ROE (%) | 16.36% |
| ROCE (%) | 13.54% |
| RoNW (%) | 16.36% |
| PAT Margin | 0.81% |
| NAV | ₹10.31 |
Divine Hira Jewellers Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Prepayment or repayment of all or a portion of certain loans availed by the company.
- Funding of working capital requirements of the Company.
- General corporate purposes.
Promoters of Divine Hira Jewellers IPO
The promoters of the Divine Hira Jewellers Limited company are Hirachand Pukhraj Gulecha, Niraj Hirachand Gulecha, Khushbu Niraj Gulecha and Hirachand P Gulecha (HUF).
Divine Hira Jewellers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Divine Hira Jewellers Limited Contact Details
Divine Hira Jewellers Limited
74/A, 1st Floor, Office No.2,
Opp. Hotel Bhagat Tarachand
Zaveri Bazar, Mumbai 400002
Phone: +91 222 240 2662
Email: info@divinehirajewellers.com
Website: http://www.divinehirajewellers.com/
Divine Hira Jewellers IPO Lead Manager
Horizon Financial Pvt Ltd
Divine Hira Jewellers IPO FAQs
What is the allotment date of the Divine Hira Jewellers IPO?
Divine Hira Jewellers IPO allotment date is 20 March 2025.
What is Divine Hira Jewellers IPO Lot Size?
The minimum bid is 1,600 Shares with ₹1,44,000 amount.
What is the Divine Hira Jewellers IPO Listing Date?
Divine Hira Jewellers IPO listing date is 24 March 2025. The IPO is to list on NSE.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
