Divine Hira Jewellers Limited
Divine Hira Jewellers Limited
Price Band
₹90
Total Issue
₹31.84 Cr
Bid Dates
17 Mar - 19 Mar
Subscription
3.76x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Divine Hira Jewellers Limited is a Mumbai-based company engaged in the design and wholesale of 22 Karat gold jewellery. Known for their extensive product range, the company offers both traditional and contemporary gold pieces tailored to regional and cultural preferences across India. Their offerings include handcrafted and machine-made jewellery such as necklaces, bangles, rings, mangalsutras, and antique pieces, catering to both daily wear and special occasions.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,600 | ₹1,44,000 |
| Individual (Max) | 1 | 1,600 | ₹1,44,000 |
| Others (Min) | 2 | 3,200 | ₹2,88,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Divine Hira Jewellers IPO Peer Comparison
(Rs. in crores)
| Particulars | Co. | Sky Gold |
|---|---|---|
| Revenue from Ops (in Crs.) | 183.26 | 1,745.49 |
| PAT (In Crs.) | 1.48 | 40.48 |
| EPS - Basic | 1.56 | 35.18 |
| NAV per share | 10.31 | 184.42 |
| RONW | 16.36% | 23.66% |
| EBITDA | 1.81% | 4.43% |
| PAT Margin | 0.81% | 2.32% |
| Price to earning (PE) | 57.69 | 99.09 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 06, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 135.98 | 183.26 | 246.45 | 142.40 |
| Profit after Tax | 2.50 | 1.48 | 0.91 | 0.29 |
| Net Worth | 12.30 | 9.80 | 8.32 | 3.00 |
| Total Borrowing | 12.93 | 18.61 | 14.05 | 16.54 |
| Total Assets | 28.54 | 28.97 | 23.26 | 19.78 |
| NAV per share (in ₹) | 12.93 | 10.31 | 8.75 | 10.00 |
| EPS - Basic (in ₹) | 2.63 | 1.56 | 0.96 | 0.96 |
KPIs
EBITDA
1.81%
PAT
0.81%
ROE
16.36%
ROCE
13.54%
PE Ratio
57.69
PB Ratio
8.73
Mkt Cap (in Crs.)
117.42
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
7.27%
Public
92.73%
Management
Subscription Status
Updated as on 19-Mar-2025 19:00:03 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Retail | 6.62x | 16,80,000 | 1,11,28,000 |
| Others | 1.08x | 18,57,600 | 20,12,800 |
| Total | 3.71x | 35,37,600 | 1,31,40,800 |
Frequently Asked Questions
What is Divine Hira Jewellers IPO?
When will Divine Hira Jewellers IPO open?
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What is the lot size of Divine Hira Jewellers IPO?
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How to check allotment status of Divine Hira Jewellers IPO?
How to apply Divine Hira Jewellers IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Divine Hira Jewellers IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Divine Hira Jewellers IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Divine Hira Jewellers IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date