Divine Hira Jewellers Limited is set to launch its Rs 31.84 crore IPO. The issue will be open for applications from 17th to 19th March. This fresh issue of 35.38 lakh shares will be listed on the BSE SME platform.
Retail investors need to invest at least Rs 1,44,000, while HNIs must apply for a minimum of Rs 2,88,000 (3,200 shares or 2 lots).
Bigshare Services Private Limited is the registrar, Horizon Financial Private Limited is the lead manager, and Giriraj Stock Broking Private Limited will act as the Market Maker.
Divine Hira Jewellers IPO GMP
The latest Divine Hira Jewellers IPO is Rs 15, as of 20th Mar, 2025 10:30 AM. The IPO has a price band of Rs 90. The estimated listing price for Divine Hira IPO is Rs 105, reflecting a potential gain of 16% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 20-03-2025 | Rs 7 | Rs 97 | 10:30 AM |
| 19-03-2025 | Rs 15 | Rs 105 | 09:45 AM |
| 18-03-2025 | Rs 32 | Rs 122 | 09:45 AM |
| 17-03-2025 | Rs 32 | Rs 122 | 09:45 AM |
| 16-03-2025 | Rs 0 | Rs 90 | 10:00 AM |
| 15-03-2025 | Rs 0 | Rs 90 | 10:00 AM |
| 14-03-2025 | Rs 0 | Rs 90 | 10:00 AM |
| 13-03-2025 | Rs 0 | Rs 90 | 12:45 PM |
| 12-03-2025 | Rs 0 | Rs 90 | 09:45 AM |
| 11-.3-2025 | Rs 0 | Rs 90 | 10:00 AM |
| 10-03-2025 | Rs 0 | Rs 90 | 03:00 PM |
Divine Hira Jewellers IPO Details
| Face Value | Rs 10 per Share |
| Lot Size | 1,600 Shares |
| Issue Price | Rs 90 |
| Listing At | NSE SME |
| Total Issue Size | 35,37,600 Shares (aggregating up to Rs 31.84 Cr) |
| Fresh Issue | 35,37,600 Shares (aggregating up to Rs 31.84 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Divine Hira Jewellers IPO Timeline
| Opening – Closing Dates | 17th Mar – 19th Mar |
| Cut-off Time for UPI Mandate Approval | 5 PM on 19th Mar |
| IPO Allotment | 20th Mar |
| Amount Refund | 21st Mar |
| Credit of Shares | 21st Mar |
| Listing Date | 24th Mar |
Divine Hira Jewellers IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,600 | Rs 1,44,000 |
| Retail (Max) | 1 | 1,600 | Rs 1,44,000 |
| HNI (Min) | 2 | 3,200 | Rs 2,88,000 |
Divine Hira Jewellers Company Details
- Founded in July 2022, Divine Hira Jewellers Limited specialises in premium 22 Karat gold jewelry.
- The company serves wholesalers, showrooms, and retailers, offering a mix of traditional and modern designs.
- Their collection includes necklaces, rings, bangles, bracelets, kadas, coins, and wedding jewellery.
- They focus on localised designs to match regional preferences.
- Based in Mumbai, Maharashtra, they wholesale gold jewellery, silver articles, bullions, and coins.
- As of 31st October, 2024, the company had nine employees across different departments.
Divine Hira Jewellers Key Finances
| Period Ended | 30th Sept, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 28.54 | 28.97 |
| Revenue (in Rs Cr.) | 136.03 | 183.41 |
| Profit After Tax (in Rs Cr.) | 2.5 | 1.48 |
Financial Performance:
Revenue: The company generated Rs 136.03 crore in revenue during the period ended on 30th September, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 12.3 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 28.54 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): The company generated PAT of Rs 2.5 crore as of September 2024.
Divine Hira Jewellers IPO FAQs
- What is the issue price of the Divine Hira Jewellers IPO?
The issue price for the Divine Hira Jewellers IPO is Rs 90 per share.
- What is the issue size of the Divine Hira Jewellers IPO?
The total issue size of the IPO is Rs 31.84 crore.
- What is the lot size for the Divine Hira Jewellers IPO?
Each lot consists of 1,600 shares, with a minimum investment of Rs 1,44,000.
- What are the allotment and listing dates for the Divine Hira Jewellers IPO?
The allotment is set for 20th March, and the listing is scheduled for 24th March.
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