To apply for the Divine Hira Jewellers IPO, investors need to log in to their trading account through a registered broker’s platform and navigate to the IPO section. After selecting Divine Hira Jewellers IPO, they must enter the number of lots (minimum 1 lot = 1,600 shares) and bid at ₹90 per share. A valid UPI ID must be provided for payment authorization, and applicants must approve the UPI mandate before 5 PM on March 19, 2025. To check the IPO subscription status, investors can visit the NSE SME website or the registrar’s website, Bigshare Services Pvt Ltd, and enter their PAN or application number. The allotment status will be available after the tentative allotment date, March 20, 2025, and successful applicants will receive shares in their Demat account by March 21, 2025. Refunds for unsuccessful applications will also be processed on the same date.
For complete details on this public offering, visit the Divine Hira Jewellers IPO page on Bajaj Broking’s website.
Divine Hira Jewellers IPO Application Process
The Divine Hira Jewellers IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Divine Hira Jewellers IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1600 shares) within the price band of ₹90 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Divine Hira Jewellers IPO Allotment Status?
Once the allotment for Divine Hira Jewellers IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit SME or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
About Divine Hira Jewellers IPO: Overview and Key Facts
Divine Hira Jewellers Limited, incorporated in July 2022, operates as a wholesaler of gold jewellery, silver articles, bullions, and coins, catering to retailers, showrooms, and wholesalers across India. The company specialises in 22 Karat gold jewellery, offering a diverse range of products such as necklaces, mangalsutras, chains, rings, bangles, bracelets, kadas, pendants, and wedding jewellery. Based in Mumbai, Maharashtra, the company focuses on traditional designs infused with modern craftsmanship, ensuring its collections remain appealing to a broad market segment. Over time, it has established a presence in the jewellery sector by aligning its offerings with regional preferences and market demands.
The Divine Hira Jewellers IPO is scheduled to open for subscription from March 17, 2025, to March 19, 2025. The IPO issue size comprises 35,37,600 shares, aggregating up to ₹31.84 crore, with a fixed price of ₹90 per share. Investors must apply for a minimum lot size of 1,600 shares, amounting to ₹1,44,000 per lot. The shares will be listed on NSE SME, with Giriraj Stock Broking Private Limited acting as the market maker. The IPO proceeds are intended for loan repayment, working capital needs, and general corporate expenses.
The allotment process is expected to be completed by March 20, 2025, with refunds initiated on March 21, 2025, for unsuccessful applications. The allotted shares will be credited to investors' Demat accounts on the same day. The stock is tentatively scheduled to be listed on NSE SME on March 24, 2025. Bigshare Services Pvt Ltd is the official registrar for the IPO, handling the allotment and refund process. Investors can track the IPO's subscription status and allotment details on the registrar’s website or NSE SME’s platform.
To check your application status, visit the Divine Hira Jewellers IPO Allotment Status page on Bajaj Broking’s website.