BAJAJ BROKING

Notification
No new Notification messages
🚨 Trading Holiday 🚨
The NSE and BSE will remain closed for trading and settlement on Monday, April 14, 2025, on account of Dr. B. R. Ambedkar Jayanti.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Divine Hira Jewellers Ltd

Diamond, Gems and Jewellery

Offer Period :

17th to 19th Mar 2025

Divine Hira Jewellers Ltd IPO Details

IPO Date 17th to 19th Mar 2025 Minimum Investment ₹144000 / 1 Lots
Listing Date 2025-03-24 Maximum Investment ₹144000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹31.84 Crores
Price ₹90 to ₹90 per share Fresh Issue ₹31.84 Crores
Lot Size 1 Lots (1600 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 9509500 Shares
Issue Type Fixed Price - SME Shareholding Post Issue 13047100 Shares
IPO Date 17th to 19th Mar 2025
Listing Date 2025-03-24
Face Value ₹10 per share
Price ₹90 to ₹90 per share
Lot Size 1 Lots (1600 Shares)
Listing At NSE-SME
Total Issue Size ₹31.84 Crores
Employee Discount ₹0 per share
Issue Type Fixed Price - SME
Minimum Investment ₹144000 / 1 Lots
Maximum Investment ₹144000 / 1 Lots
Fresh Issue ₹31.84 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 9509500 Shares
Shareholding Post Issue 13047100 Shares

About Divine Hira Jewellers Ltd IPO

Divine Hira Jewellers Ltd, incorporated in July 2022, has quickly positioned itself as a notable player in the Indian jewellery market, specialising in premium 22 Karat gold jewellery. The company’s primary focus is on designing and marketing exquisite gold ornaments that blend traditional craftsmanship with contemporary aesthetics. Catering to wholesalers, showrooms, and retailers, the brand offers a vast collection that reflects regional preferences and modern trends. Its product range includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and intricately designed wedding jewellery. By incorporating culturally inspired motifs and intricate detailing, Divine Hira Jewellers ensures that its pieces resonate with a broad customer base.

 

Operating primarily as a wholesaler, the company supplies gold jewellery, silver articles, bullions, and coins in Mumbai, Maharashtra. Its commitment to quality and authenticity has helped establish trust among business partners and retailers. The firm emphasises superior craftsmanship and innovation, positioning itself as a reliable supplier in the jewellery industry. Despite being a relatively new entrant, Divine Hira Jewellers Ltd has steadily grown, supported by a small but dedicated workforce. As of October 31, 2024, the company had nine employees across various departments, ensuring efficient operations and strategic growth in the competitive jewellery sector.

 

Founding Head: 2022

Managing Director: Hirachand Pukhraj Gulecha

Divine Hira Jewellers Limited Timeline

Important dates for allocation and IPO listing.

17th Mar

IPO Opens

19th Mar

IPO Close

20th Mar

Allotment Date

21st Mar

Initiation of Refund

21st Mar

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 99.74 72.7
Public Group 0.26 27.3

Divine Hira Jewellers Ltd IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 1680000(47.49%)
Retail Shares Offered 1680000(47.49%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 3537600
Total Shares With Anchor Investor 3537600

Divine Hira Jewellers Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 ₹0
Retail (Max) 0 0 ₹0
S HNI (Min) 1 1600 ₹0
S HNI (Max) 0 0 ₹0
B HNI (MIN) 1 1600 ₹0

Divine Hira Jewellers Ltd IPO Anchor Investor Details

Bid Date -
Shares Offered 0
Anchor Portion Size 0

Divine Hira Jewellers Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 226 263 8200
Email Id investor@bigshareonline.com
Our Website www.bigshareonline.com

Divine Hira Jewellers Ltd IPO Lead Manager

1. Horizon Management Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Divine Hira Jewellers Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31,
Net Worth ₹9.8 ₹8.32
Reserves and Surplus ₹2.49 ₹1
Total Borrowing ₹18.61 ₹14.05

Divine Hira Jewellers Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 0 56000 0
Non Institutional Investors (NIIs) 1680000 2134400 1.2705
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 1680000 0 0
Retail Individual Investors (RIIs) 1680000 11128000 6.6238
Total 3537600 13318400 3.7648

Strength of Divine Hira Jewellers Ltd

1. Experienced management and well trained and trustworthy employee base.

2. Wide Range of Products.

3. Quality Control.

4. Strong understanding of customer preference.

5. Hallmarking and Unique Identification.

6. Experienced Job Workers and Vendor Network.

7. Design Innovation for Customers.

8. Customer Satisfaction.

Risks Involved

1. Substantial portion of its revenues are dependent on few customers and the loss of, or a significant reduction in purchases by any one or more such customers could adversely affect its financial performance.

2. The company dependence on few suppliers puts its at risk of interruptions in the availability of raw materials, which could adversely affect the company business, financial condition and results of operations. Further, the company has not entered into any long-term agreements with its suppliers for raw materials and accordingly may not be able to enjoy credit and other facilities provided by its existing suppliers.

3. Its may be unable to obtain, renew or maintain statutory and regulatory permits, licenses and approvals required to operate its business which could result in an adverse effect on the company results of operations. Its require certain statutory and regulatory permits, licenses and approvals for the company business.

4. The non-availability or high cost of quality gold bullion and coloured stones may have an adverse effect on its business, results of operations and financial condition.

5. Its income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.

6. The company does not register its jewellery design under the Designs Act, 2000 and the company may suffer a loss of income if its designs are duplicated by the company competitors. Moreover, its susceptible to litigation arising out of infringement of copyright of designs.

7. The company generally do business with its customers on purchase order basis and does not enter into long term contracts with them. The company inability to maintain relationships with its customers could have an adverse effect on the company business, prospects, results of operations and financial condition.

8. The company dependency on job worker or Karigars for the performance of its operation may adversely affect the company business.

9. Any fluctuation and variation in price and supply of gold, which is a major raw material for the manufacture of its products, could adversely impact its income.

10. The company faces significant competition. Any failures to compete effectively may have a material adverse effect on its business and operations.

Why should you invest in

-

Divine Hira Jewellers Ltd Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Divine Hira Jewellers Limited IPO Contact Details

Divine Hira Jewellers Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2025-03-24 93582 DIVINEHIRA
INE0NA501011
₹90 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹90 ₹90
Open ₹0 ₹90
Low ₹0 ₹85.5
High ₹0 ₹90
Low ₹0 ₹85.5

Industry Outlook of Divine Hira Jewellers IPO

  • Market Expansion: Projections indicate that India's jewellery market will reach approximately US$93.56 billion in 2025, reflecting robust demand and market vitality.

  • Economic Contributions: The sector contributes about 10% to India's GDP and has been growing at an annual rate of 10%, underscoring its economic significance.

  • Consumer Trends: There is a growing consumer preference for sustainable and ethically sourced jewellery, including lab-grown diamonds, indicating a shift towards environmental consciousness.

  • Technological Integration: Advancements such as 3D printing are enabling intricate designs and personalized jewellery, catering to diverse consumer preferences.

  • Gold Demand: Despite high gold prices, investment demand remains strong, with gold-backed loans increasing by 68% in the first nine months of the fiscal year, reflecting gold's appeal as a secure asset.

 

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Divine Hira Jewellers IPO.

 

Frequently Asked Questions

What is Divine Hira Jewellers Ltd IPO?

Answer Field

Divine Hira Jewellers Ltd IPO is a SME IPO of 35,37,600 equity shares of a face value of ₹10 aggregating up to ₹31.84 Crores. The issue is priced at ₹90 to ₹90 per share. The minimum order quantity is 1600 Shares. The IPO opens on March 17, 2025, and closes on March 19, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Divine Hira Jewellers Ltd IPO will open?

Answer Field

The Divine Hira Jewellers Ltd IPO opens on March 17, 2025 and closes on March 19, 2025.

What is the lot size of Divine Hira Jewellers Ltd?

Answer Field

Divine Hira Jewellers Ltd lot size is 1600 shares, and the minimum amount required is ₹1,44,000.

How to apply for Divine Hira Jewellers Ltd IPO?

Answer Field

You can apply in Divine Hira Jewellers Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Divine Hira Jewellers Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Divine Hira Jewellers Ltd IPO will be done on March 20, 2025, and the allotted shares will be credited to your demat account by March 21, 2025.

When is Divine Hira Jewellers Ltd IPO listing date?

Answer Field

The Divine Hira Jewellers Ltd listing date is March 24, 2025.

Who is the registrar of Divine Hira Jewellers Ltd IPO?

Answer Field

The registrar of Divine Hira Jewellers Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Horizon Management Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Divine Hira Jewellers Ltd IPO?

Answer Field

The fresh issue size is ₹31.84 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Divine Hira Jewellers Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1600 shares and ₹1,44,000 amount.

How can I approve the UPI mandate request for Divine Hira Jewellers Ltd IPO?

Answer Field

To apply for Divine Hira Jewellers Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Divine Hira Jewellers Ltd?

Answer Field

The price of each Divine Hira Jewellers Ltd share will be ranging in between ₹90 to ₹90 per share.

What is the cut-off time for the UPI mandate for Divine Hira Jewellers Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, March 19, 2025.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • IDENTIXWEB LIMITEDSME IPO

  • Issue Price

    54.00

  • Listing Day Close

    57.75

  • Listing Day (Gain/Loss)

    7.41

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text