Divine Hira Jewellers IPO
- IPO Date17 Mar, 2025 to 19 Mar, 2025
- Listing Date24 Mar, 2025
- Face Value₹10 per share
- Issue Price-
- Lot Size1600 Shares
- Minimum Investment₹0
- Listing AtNSE SME
- Total Issue Size35,37,600 Shares
- Fresh Issue35,37,600 Shares
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue95,09,500
- Shareholding post issue1,30,47,100
IPO Dates
Closing Date
19 Mar, 2025
Initiation of Refunds
21 Mar, 2025
Listing Date
24 Mar, 2025
17 Mar, 2025
Opening Date
20 Mar, 2025
Basis of Allotment
21 Mar, 2025
Credit of Shares
Divine Hira Jewellers Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| S-HNI (Max) | - | - | - |
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| B-HNI (Min) | - | - | - |
| S-HNI (Min) | 2 | 3200 | ₹2,88,000 |
Divine Hira Jewellers Promoter Holding
The Promoters of the company, are Hirachand Pukhraj Gulecha, Niraj Hirachand Gulecha, Khushbu Niraj Gulecha and Hirachand P Gulecha (HUF).
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.74% | 72.7% |
Divine Hira Jewellers COMPANY INFORMATION
Divine Hira Jewellers IPO is a fixed price issue of Rs 31.84 crores. The issue is entirely a fresh issue of 35.38 lakh shares.
Divine Hira Jewellers IPO opens for subscription on March 17, 2025 and closes on March 19, 2025. The allotment for the Divine Hira Jewellers IPO is expected to be finalized on Thursday, March 20, 2025. Divine Hira Jewellers IPO will be list on NSE SME with a tentative listing date fixed as Monday, March 24, 2025.
Divine Hira Jewellers IPO price is ₹90 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,44,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,88,000.
Horizon Financial Pvt Ltd is the book-running lead manager of the Divine Hira Jewellers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Divine Hira Jewellers IPO is Giriraj Stock Broking Private Limited.
About Divine Hira Jewellers
Incorporated in July 2022 Divine Hira Jewellers Limited specializes in designing and marketing premium 22 Karat gold jewelry.
The company caters to wholesalers, showrooms, and retailers with a diverse range of gold jewelry that combines traditional artistry with modern elegance.
Their collection comprises various designs crafted to meet diverse preferences. Products include necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry. They emphasize localized design, ensuring creations resonate with regional tastes.
The company is a wholesaler of gold jewellery, silver articles, bullions, and coins in Mumbai, Maharashtra.
As of October 31, 2024, the company had nine employees in various departments.
Competitive Strength:
- Established Brand Presence attracts both wholesalers and retailers.
- Portfolio of 22 Karat gold jewelry: necklaces, bangles, chains, rings, pendants, and wedding collections.
- Artisans and in-house designers create unique, regional designs, giving Divine Hira Jewellers a competitive edge.
- For consistent sales, the company maintains strong ties with wholesalers, retailers, and showrooms.
FAQs About Divine Hira Jewellers Ipo
Divine Hira Jewellers IPO will open on 17 Mar, 2025 and close on 19 Mar, 2025. Investors must apply within this period to participate.
The Divine Hira Jewellers IPO price band is set between ₹90.00 and ₹0.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹0.00.
The Divine Hira Jewellers IPO shares are expected to be listed on 24 Mar, 2025, subject to regulatory approvals and final allotment.
You can track your Divine Hira Jewellers IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Divine Hira Jewellers IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.