Divine Hira Jewellers Limited IPO Details – Price, Date, GMP & Analysis
Divine Hira Jewellers Limited IPO Overview
Company Overview
Divine Hire Jewellers Limited, incorporated in July 2022, specializes in designing and marketing premium 22 Karat gold jewelry. They cater to wholesalers, showrooms, and retailers, offering a diverse range of products that blend traditional artistry with modern elegance. Their collection includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry, with an emphasis on localized design to resonate with regional tastes. The company operates as a wholesaler of gold jewelry, silver articles, bullions, and coins in Mumbai, Maharashtra, and had nine employees as of October 31, 2024.
IPO Timeline
Open Date
Mon, Mar 17, 2025
CompletedClose Date
Wed, Mar 19, 2025
CompletedAllotment
Thu, Mar 20, 2025
CompletedRefund Process
Fri, Mar 21, 2025
CompletedCredit to Demat
Fri, Mar 21, 2025
CompletedListing Date
Mon, Mar 24, 2025
CompletedSubscription Status
View Subscription DetailsLatest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 1.20x | Oversubscribed |
| RII (Retail Individual Investors) | 6.62x | Oversubscribed |
| Total Subscription | 3.93x | Oversubscribed |
Last updated: Invalid Date
Grey Market Premium (GMP)
View GMP AnalysisFinancial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 28.54 | 28.97 | 23.26 | 19.78 |
| Revenue | 136.03 | 183.41 | 246.45 | 142.4 |
| Profit After Tax | 2.5 | 1.48 | 0.91 | 0.28 |
| Net Worth | 12.3 | 9.8 | 8.32 | 3 |
| Reserves and Surplus | 9.51 | 7.32 | 7.32 | |
| Total Borrowing | 12.93 | 18.61 | 14.05 | 16.54 |
IPO Details
Divine Hira Jewellers IPO Details
| IPO Date | March 17, 2025 to March 19, 2025 |
| Listing Date | March 24, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 35,37,600 shares (aggregating up to ₹31.84 Cr) |
| Fresh Issue | 35,37,600 shares (aggregating up to ₹31.84 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,09,500 shares |
| Share Holding Post Issue | 1,30,47,100 shares |
Divine Hira Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 1,77,600 (5.02%) |
| Other Shares Offered | 16,80,000 (47.49%) |
| Retail Shares Offered | 16,80,000 (47.49%) |
| Total Shares Offered | 35,37,601 (100%) |
Divine Hira Jewellers IPO Timeline (Tentative Schedule)
| IPO Open Date | Mon, Mar 17, 2025 |
| IPO Close Date | Wed, Mar 19, 2025 |
| Tentative Allotment | Thu, Mar 20, 2025 |
| Initiation of Refunds | Fri, Mar 21, 2025 |
| Credit of Shares to Demat | Fri, Mar 21, 2025 |
| Tentative Listing Date | Mon, Mar 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 19, 2025 |
Divine Hira Jewellers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| HNI (Min) | 2 | 3,200 | ₹2,88,000 |
Divine Hira Jewellers IPO Promoter Holding
| Share Holding Pre Issue | 99.74% |
| Share Holding Post Issue | 72.70% |
Divine Hira Jewellers IPO Listing Details
| March 24, 2025 |
| DIVINEHIRA |
| INE0NA501011 |
| ₹90 per share |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹90.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
How to Apply for Divine Hira Jewellers Limited IPO
To apply for the Divine Hira Jewellers Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Divine Hira Jewellers Limited IPO
- Enter bid quantity (minimum 1600 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before March 19
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹144,000(approx. based on lower price band)
Key Dates
Divine Hira Jewellers Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Divine Hira Jewellers Limited IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.