Divine Hira Jewellers Ltd
Price Range
₹90
Min. Quantity
1,600
Closes on
19 March 2025
Min. investment
₹1,44,000/1,600 Shares
Divine Hira Jewellers Ltd IPO Timeline
The Company Founder, Hirachand Gulecha, had started his journey in the silver business in 1984. In 1997, he started a proprietorship firm 'Hira Traders' and gradually entered the gold jewelry segment'. He involved in the business of Jewellery since 1984 and to expand the business further, he, along with his family, incorporated a Company, 'Divine Hira Jewellers Limited' as a Public Limited Company vide Certificate of Incorporation dated July 19, 2022 issued by the ROC, Mumbai, Maharashtra.
| Event | Date |
|---|---|
| Divine Hira Jewellers Ltd IPO Opening Date | 17 March 2025 |
| Divine Hira Jewellers Ltd IPO Closing Date | 19 March 2025 |
| Basis of Allotment | 20 March 2025 |
| Initiation of Refunds | 21 March 2025 |
| Credit of Shares to Demat | 21 March 2025 |
| Divine Hira Jewellers Ltd IPO Listing Date | 24 March 2025 |
Divine Hira Jewellers Ltd IPO Details
| Divine Hira Jewellers Ltd IPO Date | 17 March 2025 to 19 March 2025 |
| Divine Hira Jewellers Ltd IPO Face Value | ₹10 per share |
| Divine Hira Jewellers Ltd IPO Price | ₹90 to ₹0 per share |
| Divine Hira Jewellers Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹31.84 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹31.84 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Hirachand Pukhraj Gukecha, Niraj Hirachand Gulecha, Khushbhu Niraj Gulecha |
Divine Hira Jewellers Ltd IPO Lot Size
The Divine Hira Jewellers Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,44,000 |
| Maximum | 1 | 1,600 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Experienced management and well trained and trustworthy employee base.
- Wide Range of Products.
- Quality Control.
- Strong understanding of customer preference.
- Hallmarking and Unique Identification.
- Experienced Job Workers and Vendor Network.
- Design Innovation for Customers.
- Customer Satisfaction.
Company Financials
Divine Hira Jewellers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 28.97 | 183.41 | 1.48 |
| 03-2023 | 23.26 | 124.95 | 0.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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
Divine Hira Jewellers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 13.51% |
| Post Issue Share Holding | 9.84% |
Divine Hira Jewellers Ltd IPO Subscription Status (Bidding Detail)
The Divine Hira Jewellers Ltd IPO is subscribed 0 times on 19 March 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Divine Hira Jewellers Ltd IPO Prospectus
Divine Hira Jewellers Ltd IPO Listing Date
| Listing Date | 24 March 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE0NA501011 |
| IPO Price | ₹90 |
| Face Value | ₹10 |
Company Contact Information
74/A 1st Flr Office No.2Zaveri Bazar,Mumbai-400002
Phone: +91 222 240 2662
Email: info@divinehirajewellers.com
Website: www.divinehirajewellers.com
Divine Hira Jewellers Ltd IPO Registrar
Divine Hira Jewellers Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd
FAQ
What is the issue size of Divine Hira Jewellers Ltd IPO?
I have pre-applied for Divine Hira Jewellers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.