Divine Hire Jewellers IPO
Divine Hire Jewellers is an NSE SME IPO listed on the NSE SME platform, priced at ₹90 per share. The stock debuted at ₹90 with a flat listing performance. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,44,000.
Divine Hire Jewellers Limited IPO
- IPO Dates
- Mar 17, 2025 – Mar 19, 2025
- Price band
- ₹90 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹31.84 Cr
- Lot size
- 1600
- Allotment Date
- Mar 20, 2025
- Listing
- Mar 24, 2025
- Listing At
- NSE SME
IPO timeline
-
Mar 17, 2025
Open Date
Completed
-
Mar 19, 2025
Close Date
Completed
-
Mar 20, 2025
Allotment Date
Completed
-
Mar 24, 2025
Listing Date
Completed
Divine Hire Jewellers IPO Essentials
Divine Hire Jewellers IPO Details
Divine Hire Jewellers IPO is priced at ₹90 per share with a total issue size of 31.84 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹90 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 35,37,600 shares(aggregating up to ₹31.84 Cr)
- Total issue size
- 35,37,600 shares
(aggregating up to ₹31.84 crore) - Fresh issue
- 35,37,600 shares
(aggregating up to ₹31.84 crore) - Listing at
- NSE SME
- List price
- 90.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Horizon Financial Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,44,000 |
| Retail(max) | 1 | 1600 | ₹1,44,000 |
| NII (min) | 2 | 3,200 | ₹2,88,000 |
Divine Hire Jewellers IPO Reservation
Divine Hire Jewellers IPO reservation details show category-wise allocation of shares. Out of the total 35,37,600 shares, approximately 47.49% for retail investors, and 5.02% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,77,600 (5.02%) | |
| Retail Shares Offered | 16,80,000 (47.49%) | |
| Total Shares Offered | 35,37,600 (100%) |
Divine Hire Jewellers IPO Analytics
Divine Hire Jewellers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Divine Hire Jewellers IPO Subscription Status
Divine Hire Jewellers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 16,80,000 | 16,80,000 | 33,60,000 |
|
Day 1
17-03-25 06:00 PM
|
(0.19) x | 1.19 x | 0.69 x |
|
Day 2
18-03-25 06:00 PM
|
(0.49) x | 3.27 x | 1.88 x |
|
Day 3
19-03-25 06:00 PM
|
(1.30) x | 6.62 x | 3.96 x |
Divine Hire Jewellers Valuations
Returns
- ROE
- 16.36%
- ROCE
- 13.54%
- RoNW
- 16.36%
- PAT Margin
- 0.81
Fundamentals
- Debt / Equity
- 1.90
Divine Hire Jewellers Financials( In Crs.)
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| 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 | 3.0 |
| Reserves & Surplus | 9.51 | 7.32 | 7.32 | N/A |
| Total Borrowing | 12.93 | 18.61 | 14.05 | 16.54 |
Divine Hire Jewellers Company & Offer Insights
About Divine Hire Jewellers
Established in July 2022 Divine Hira Jewellers Limited is engaged in designing and marketing upmarket 22 Karat gold jewelry.
Divine Hira Jewellers Limited serves wholesalers, showrooms, and retailers with a wide assortment of gold jewelry blending classic craftsmanship with contemporary sophistication.
Their range consists of different designs developed to suit different tastes. Products span necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding wear. They focus on localized design, making the creations appeal to local tastes.
The company is a gold jewellery, silver items, bullions, and coin wholesaler in Mumbai, Maharashtra.
The company employed nine people in different departments as of October 31, 2024.
Divine Hire Jewellers Promoter(s)
Hirachand Pukhraj Gulecha, Niraj Hirachand Gulecha, Khushbu Niraj Gulecha, Hirachand P Gulecha (HUF) are the company's promoters of Divine Hire Jewellers.
Divine Hire Jewellers IPO Issue Objectives
- •
- Prepayment or repayment of all or a portion of certain loans availed by the company
- •
- Funding of working capital requirements of the Company
- •
- General corporate purposes
Divine Hire Jewellers IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Divine Hire Jewellers Limited | 1.56 | 1.56 | 10.31 | 57.69 | 16.36 | 9 | Standalone |
| Sky Gold Ltd | 35.18 | 35.03 | 184.42 | 99.09 | 23.66 | 5.22 | Consolidated |
Notes:
- Return on Net Worth (%) = Profit for the year ended March 31, 2024, divided by Total Equity of the Company as on March 31, 2024.
- NAV is computed as the Total Equity of the Company as of March 31, 2024, divided by the outstanding number of equity shares as of March 31, 2024.
Contact Information
Contact Details
Divine Hire Jewellers
+91 222 240 2662
http://www.divinehirajewellers.com/
74/A, 1st Floor, Office No.2, Opp. Hotel Bhagat Tarachand, Zaveri Bazar, Mumbai 400002
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Divine Hire Jewellers IPO is a Fixed Priced IPO worth ₹31.84 crore. The issue price is ₹90 per share (fixed price). The IPO opens on Mar 17, 2025 and closes on Mar 19, 2025. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Divine Hire Jewellers IPO is ₹90 per share (fixed price).
The lot size of Divine Hire Jewellers IPO is 1600 shares.
The minimum investment for Divine Hire Jewellers IPO is approximately ₹1,44,000 based on the issue price .
Divine Hire Jewellers IPO opens on Mar 17, 2025 and closes on Mar 19, 2025.
The allotment date of Divine Hire Jewellers IPO is Mar 20, 2025.
Divine Hire Jewellers IPO is expected to be listed on Mar 24, 2025, on NSE SME Platform.
Divine Hire Jewellers IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 16.36%, and market cap N/A.
To apply for Divine Hire Jewellers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Divine Hire Jewellers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Divine Hire Jewellers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Divine Hire Jewellers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Divine Hire Jewellers IPO allotment status on IPO Ji for quick and easy access.