Divine Hira Jewellers Limited IPO is opening on 17 March 2025, and will close on 19 March 2025. This SME IPO is raising ₹31.84 crore from a complete fresh issue of 35.38 lakh shares.
The Divine Hira Jewellers IPO allotment date will be finalized on Thursday, 20 March 2025. Divine Hira Jewellers shares will probably be listed on NSE SME on Monday, 24 March 2025.
Divine Hira Jewellers IPO being a fixed price issue, the price has been set at ₹90 per share. The minimum number of shares or the lot size is 1600, making the minimum investment requirement for retail investors is ₹144000. The minimum lot size and investment amount for the HNIs is 2 lots, amounting to a minimum investment of ₹288000.
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Divine Hira Jewellers NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | March 17, 2025 |
| IPO Closing Date | March 19, 2025 |
| Tentative IPO Listing Date | March 24, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹90 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 3537600 Shares (₹31.84 Cr.) |
| Fresh Issue | 3537600 Shares (₹31.84 Cr.) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 9509500 shares |
| Share Holding Post-Issue | 13047100 shares |
Divine Hira Jewellers Limited | Company Overview
Divine Hira Jewellers Limited is just two years old, but with its excellent designing and market of premium 22 Karat gold jewellery, it has become a name in the market and is now going for its IPO. The firm offers a wide range of gold jewellery, which is a mix of modern-day elegance and traditional artistry, to different showrooms, wholesalers, and to the retailers as well.
Product Portfolio –
- Nechlaces
- Chains
- Rings
- Malas
- Mangalsutras
- Pendants
- Bangles
- Coins
- Wedding jewellery
- Kadas and more
While it offers its products to different clients across the country, it is based in Mumbai.
Divine Hira Jewellers Limited IPO | Key Details
- Divine Hira Jewellers IPO Opening Date: March 17, 2025,
- Divine Hira Jewellers IPO Closing Date: March 19, 2025.
- Allotment Date: March 20, 2025
- Price Band: ₹90 per share
- Lot Size: 1600 shares
- Refunds Initiated: March 21, 2025
- Shares Credited to Demat: March 21, 2025
- Listing Date: March 24, 2025
Divine Hira Jewellers Ltd: Financial Overview
Divine Hira Jewellers Limited saw a dip in its revenue in FY24 by 25.58% but managed to generate a profit in the fiscal which rose by 62.63% on YoY basis.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 28.97 | 23.26 | 5.71 | 24.54858126 |
| Revenue | 183.41 | 246.45 | -63.04 | -25.579225 |
| Profit After Tax | 1.48 | 0.91 | 0.57 | 62.63736264 |
| Net Worth | 9.8 | 8.32 | 1.48 | 17.78846154 |
| Reserve & Surplus | 7.32 | 7.32 | 0 | 0 |
| Total Borrowing | 18.61 | 14.05 | 4.56 | 32.45551601 |
Divine Hira Jewellers Ltd IPO | FAQs
Divine Hira Jewellers Ltd offers a wide range of gold jewellery to different wholesalers, retailers, and showrooms.
The tentative IPO listing date of Divine Hira Jewellers has been fixed as Monday, March 24, 2025.
The bidding date for the Divine Hira Jewellers IPO is March 17, 2025, and it will continue until March 19, 2025.
The minimum IPO lot size for Divine Hira Jewellers is 1600 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Thursday, March 20, 2025.
The IPO face value is set at ₹10 per share.
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