Divine Hira Jewellers IPO description – Divine Hira Jewellers is engaged in the business of designing and marketing of gold jewellery items. It mainly deals in 22 Karat gold jewellery and offers a wide variety of designs. The company has the ability to create localised product design mixes to suit various regional tastes. The company is engaged in wholesale of gold jewellery, silver articles, bullions and coins at Mumbai, Maharashtra.
Divine Hira primarily sells gold jewellery and its product range includes machine made, handmade & plain gold jewelry like necklace, mangalsutra, chains, malas, rings, pendants, bracelets, bangles, kada, coins and other wedding jewelleries. As of 31 October 2024, 9 employees are working in the company.
Promoters of Divine Hira Jewellers – Mr. Hirachand Pukhraj Gulecha, Mr. Niraj Hirachand Gulecha, Mrs. Khushbu Niraj Gulecha and Mr. Hirachand P. Gulecha (HUF)
Table of Contents
Divine Hira Jewellers IPO Details
| Divine Hira Jewellers Issue Dates | 17 – 19 March 2025 |
| Divine Hira Jewellers Issue Price | INR 90 per share |
| Fresh issue | 35,37,600 shares (INR 31.84 crore) |
| Offer For Sale | NIL |
| Total IPO size | 35,37,600 shares (INR 31.84 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,44,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Divine Hira Jewellers Financial Performance
| FY 2022 | H1 FY 2023 | H2 FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 142.40 | 121.50 | 124.95 | 183.26 | 135.98 |
| Expenses | 142.02 | 121.31 | 123.92 | 181.43 | 132.69 |
| Net income | 0.29 | 0.14 | 0.77 | 1.48 | 2.50 |
Divine Hira Jewellers Offer News
- Divine Hira Jewellers RHP
- Divine Hira Jewellers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Divine Hira Jewellers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.96 | 0.96 | 1.56 |
| PE ratio | – | – | 57.69 |
| RONW (%) | 9.38 | 16.12 | 16.36 |
| NAV | 10.00 | 8.75 | 10.31 |
| ROCE (%) | 8.18 | 10.83 | 13.54 |
| EBITDA (%) | 1.14 | 1.05 | 1.81 |
| Debt/Equity | 3.40 | 1.69 | 1.90 |
Divine Hira Jewellers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 March 2025 | 7 | – | 9,500 |
| 21 March 2025 | 8 | – | 11,500 |
| 20 March 2025 | 8 | – | 11,500 |
| 19 March 2025 | 8 | – | 11,500 |
Divine Hira Jewellers IPO Subscription – Live Updates
| Category | Non-Retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 16,80,000 | 16,80,000 | 33,60,000 |
| 19 Mar 2025 | 1.30 | 6.62 | 3.96 |
| 18 Mar 2025 | 0.59 | 3.18 | 1.88 |
| 17 Mar 2025 | 0.19 | 1.17 | 0.68 |
The market maker reservation portion of 1,77,600 shares is not included in the above calculations.
Divine Hira Jewellers IPO Allotment Status
Divine Hira Jewellers IPO allotment status is now available on Bigshare Services website. Click on this link to get allotment status.
Divine Hira Jewellers IPO Dates & Listing Performance
| IPO Opening Date | 17 March 2025 |
| IPO Closing Date | 19 March 2025 |
| Finalization of Basis of Allotment | 20 March 2025 |
| Initiation of refunds | 21 March 2025 |
| Transfer of shares to demat accounts | 21 March 2025 |
| IPO Listing Date | 24 March 2025 |
| Opening Price on NSE SME | INR 90 per share (No Change) |
| Closing Price on NSE SME | INR 85.5 per share (down 5%) |
Divine Hira Jewellers Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India
Phone: +91 33 4600 0607
Email: [email protected]
Website: www.horizonmanagement.in
Divine Hira Jewellers Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Divine Hira Jewellers Issue Contact Details
DIVINE HIRA JEWELLERS LIMITED
Office No. S6-2, 6th floor, Pinnacle Business Park,
Andheri, Mumbai – 400 093, Maharashtra, India.
Phone: +91 226 263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
IPO FAQs
What is Divine Hira Jewellers offer size?
Divine Hira Jewellers offer size is INR 31.84 crore.
What is Divine Hira Jewellers offer price band?
Divine Hira Jewellers public offer price is INR 90 per share.
What is the lot size of Divine Hira Jewellers IPO?
Divine Hira Jewellers offer lot size is 1,600 shares.
What is Divine Hira Jewellers IPO GMP today?
Divine Hira Jewellers IPO GMP today is INR 7 per share.
What is Divine Hira Jewellers kostak rate today?
Divine Hira Jewellers kostak rate today is INR NA per application.
What is Divine Hira Jewellers IPO Subject to Sauda rate today?
Divine Hira Jewellers’s Subject to Sauda rate today is INR 9,500 per application.