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Divine Hira Jewellers Limited

  • Minimum Investment
    ₹1,44,000
  • Price Range
    ₹90 - ₹90
  • Issue Size
    ₹31.84 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Prepayment or repayment of certain loans availed by the company

Funding of working capital requirements of the company

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Divine Hira Jewellers Limited

Diversified product portfolio

The company offers a diverse jewellery portfolio, including traditional, Indo-Western, and modern designs. Their range includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewellery. They also provide customized designs for weddings and special orders

Quality

The company follows stringent two-stage quality control procedures to ensure product quality and purity. Jewellery is inspected for defects, polishing, and finishing inconsistencies, tested for purity using gold testing machines, and hallmarked by third-party agencies

Hallmarking & unique identification

The company hallmarks each jewelry piece and assigns a unique HU ID number to ensure authenticity, traceability, and quality assurance. This system reinforces customer confidence in the purity and origin of their jewelry, maintaining high standards of trust and transparency

Copyright risks

The company does not register its jewellery designs under the Designs Act, 2000, posing a risk of design duplication by competitors and potential litigation for copyright infringement

Demand

The company's products are influenced by rapid and unpredictable fashion trends and consumer preferences. Failure to anticipate and respond to these changes may impact business prospects, operations, and financial performance

Competition

India's jewellery trading industry is divided between organized and unorganized sectors. Failure to maintain or improve market position, along with aggressive competition, may temporarily impact financial performance

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
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Net Cash Flow--

About Divine Hira Jewellers Limited

Divine Hira Jewellers was incorporated on July 19, 2022. The company designs and markets gold jewellery, primarily dealing in 22-karat gold with diverse designs tailored to regional preferences. The company wholesales gold jewellery, silver articles, bullions, and coins in Mumbai, Maharashtra, and has recently introduced antique gold jewellery.
  • Promoter
    Hirachand Pukhraj Gulecha
  • Promoter
    Niraj Hirachand Gulecha
  • Promoter
    Khushbu Niraj Gulecha

Divine Hira Jewellers Limited IPO FAQs

What is Divine Hira Jewellers Limited IPO?

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Divine Hira Jewellers Limited IPO refers to the initial public offering of shares by Divine Hira Jewellers Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Divine Hira Jewellers Limited IPO?

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For Divine Hira Jewellers Limited IPO the issue size is ₹32 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Divine Hira Jewellers Limited IPO?

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For Divine Hira Jewellers Limited IPO the minimum investment is ₹1,44,000. The minimum investment for Divine Hira Jewellers Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Divine Hira Jewellers Limited IPO?

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For Divine Hira Jewellers Limited IPO the lot size is 1600 shares. The lot size of Divine Hira Jewellers Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Divine Hira Jewellers Limited IPO on Share.Market?

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To apply for Divine Hira Jewellers Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Divine Hira Jewellers Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Divine Hira Jewellers Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Divine Hira Jewellers Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Divine Hira Jewellers Limited IPO?

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For Divine Hira Jewellers Limited IPO the allotment date is March 20, 2025. The allotment date of Divine Hira Jewellers Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Divine Hira Jewellers Limited IPO?

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For Divine Hira Jewellers Limited IPO, the subscription opens on March 17, 2025 and closes on March 19, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
3.95x Oversubscribed