Divine Hira Jewellers IPO Details
| IPO Open Date: | March 17, 2025 |
| IPO Close Date: | March 19, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹90 Per Share |
| Issue Size: | Approx ₹31.84 Crores |
| Fresh Issue: | Approx ₹31.84 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Divine Hira Jewellers IPO Market Lot
The Divine Hira Jewellers IPO minimum market lot is 1,600 shares with ₹1,44,000 application amount.
| 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 date is March 17 and the close date is March 19. The Divine Hira Jewellers IPO allotment will be finalized on March 20 and the IPO listing on March 24.
| IPO Open Date: | March 17, 2025 |
| IPO Close Date: | March 19, 2025 |
| Basis of Allotment: | March 20, 2025 |
| Refunds: | March 21, 2025 |
| Credit to Demat Account: | March 21, 2025 |
| IPO Listing Date: | March 24, 2025 |
Promoters of Divine Hira Jewellers IPO
The promoters of the company are Hirachand Pukhraj Gulecha, Niraj Hirachand Gulecha, Khushbu Niraj Gulecha and Hirachand P Gulecha (HUF).
About Divine Hira Jewellers IPO
Divine Hira Jewellers Limited was founded in 2022, and started business in creating and selling high-quality 22 Karat gold jewelry. Moreover, it also serves wholesalers, showrooms, and retailers with an extensive collection that blends traditional craftsmanship with contemporary sophistication. Further, their range includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry, all designed to cater to a variety of tastes. Divine Hira Jewellers Limited, based in Mumbai, Maharashtra, has a good understanding of the local and regional market, which helps to have more consumers.
By October 31, 2024, the company employed nine staff members across different departments. It sources gold from trusted bullion dealers and importers. Although they don’t have an in-house manufacturing facility, they also have developed strong partnerships with skilled artisans.
Divine Hira Jewellers IPO Company Financial Report
The company reported revenue of ₹183.41 crores in 2024 against ₹246.45 crore in 2023. The company reported profit of ₹1.48 crores in 2024 against profit of ₹0.91 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹142.40 | ₹142.02 | ₹0.28 | ₹19.78 |
| 2023 | ₹246.45 | ₹245.23 | ₹0.91 | ₹43.13 |
| 2024 | ₹183.41 | ₹181.43 | ₹1.48 | ₹28.97 |
| September 2024 | ₹136.03 | ₹132.69 | ₹2.50 | ₹28.54 |
Divine Hira Jewellers IPO Valuation – FY2024
Check Divine Hira Jewellers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 16.36% |
| ROCE: | 13.54% |
| EBITDA Margin: | 1.81% |
| PAT Margin: | 0.81% |
| Debt to equity ratio: | 1.90 |
| Earning Per Share (EPS): | ₹1.56 (Basic) |
| Price/Earning P/E Ratio: | 57.69 |
| Return on Net Worth (RoNW): | 16.36% |
| Net Asset Value (NAV): | ₹10.31 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sky Gold Limited | 35.18 | 99.09 | 23.66% | 184.42 | 1,745.48 Cr. |
Objects of the Issue
- 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 IPO Review
- IPO Watch – Avoid
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Divine Hira Jewellers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Horizon Financial Pvt Ltd
Company Address
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: [email protected]
Website: http://www.divinehirajewellers.com/
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Note: The Divine Hira Jewellers IPO price band and date are officially announced. The (Divine Hira Jewellers IPO grey market premium) will be added to the IPO GMP page as it will start).
