Detailed business analysis is currently available only for mainboard IPOs.
Valuation
Market Cap
₹117.42 Cr
P/E Ratio
57.69x
P/B Ratio
8.73x
Divine Hira Jewellers IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
Conflicting IPOs
IPOs with overlapping timeline
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.
Lots & IPO Size
Divine Hira Jewellers IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 1 | 1,600 | ₹1,44,000 |
| Ind (Max) | 1 | 1,600 | ₹1,44,000 |
| Others (Min) | 2 | 3,200 | ₹2,88,000 |
Market Maker
1,77,600 EQ Share
Employee
₹0.00
Shareholder
₹0.00
Divine Hira Jewellers IPO Size
Total
₹32 Cr
Fresh Issue
₹32 Cr
(0.35 Cr
Shares)
Offer For Sale
₹0
(0.00
Shares)
Objects of Issue
- Prepayment or repayment of certain loans availed by our Company
- Funding of working capital requirements of our Company
- General Corporate Purposes
Divine Hira Jewellers IPO Live Subscription
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 |
Divine Hira Jewellers IPO Details Live GMP
GMP
₹0
Est. Price
₹90
Est. Gain
0.00%
| 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
Divine Hira Jewellers IPO 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 |
Key Performance Indicators (KPIs)
EBITDA
1.81%
PAT
0.81%
ROE
16.36%
ROCE
13.54%
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Promoter Holding
Promoter
7.27%
Public
92.73%
Hirachand P Gulecha (HUF)
38.96%
Niraj Hirachand Gulecha
29.74%
Hirachand Pukhraj Gulecha
13.51%
Khushbu Niraj Gulecha
10.26%
Management
Hirachand Pukhraj Gulecha
MD
Ganesh Bhanudas Bhayde
CFO
Registrar & Lead Managers
Registrar
Bigshare Services
Lead Managers (1)
Company Details
Name : Divine Hira Jewellers Limited
Address : 74/A, 1st Floor, Office No.2, Opp. Hotel Bhagat Tarachand, Zaveri Bazar, Mumbai- 400 002, Maharashtra, India
Number : 91 222 240 2662
Email : info@divinehirajewellers.com
Website : www.divinehirajewellers.com
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Frequently Asked Questions (FAQs)
What is Divine Hira Jewellers IPO?
Divine Hira Jewellers IPO is a SME IPO having an issue size of
₹32 Crs.
Divine Hira Jewellers IPO is priced at
₹90 - ₹90 per
share.
The
issue opens on 17 Mar 25
and
closes on 19 Mar 25.
When will Divine Hira Jewellers IPO open?
Divine Hira Jewellers IPO opens on
17 Mar 25 and closes on
19 Mar 25.
What is the GMP of Divine Hira Jewellers IPO?
The estimated Grey Market Premium of Divine Hira Jewellers IPO is
₹0 per share (0.00%).
What is the lot size of Divine Hira Jewellers IPO?
The minimum lot size of Divine Hira Jewellers IPO is
1600 shares & the minimum application amount
is
Rs.
144000.
When is the allotment of Divine Hira Jewellers IPO?
The allotment date of Divine Hira Jewellers IPO is
20 Mar 25.
What is the listing date of Divine Hira Jewellers IPO?
The listing date of Divine Hira Jewellers IPO is
24 Mar 25.
What is the subscription of Divine Hira Jewellers IPO?
Divine Hira Jewellers IPO is subscribed
3.71 times.
What is the price band of Divine Hira Jewellers IPO?
Divine Hira Jewellers IPO is priced at
₹90 - ₹90 per
share.
How to check allotment status of Divine Hira Jewellers IPO?
Click the allotment link on Divine Hira Jewellers IPO page of IPO360.
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
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