Divine Hira Jewellers Limited

17 Mar 2025 - 19 Mar 2025 Individual Category SME NSE

Min Investment

₹144000

Price Band

₹90

Issue Size

35.38 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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17 Mar 2025

Open Date

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19 Mar 2025

Close Date

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20 Mar 2025

Allotment Date

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24 Mar 2025

Listing Date

Divine Hira Jewellers' IPO open date is March 17, 2025, and the closing date is March 19, 2025. This IPO is a fixed price issue of up to 35.38 lakh equity shares. This upcoming IPO is offering entirely a fresh issue; there are no offers for sale part included in this IPO. Divine Hira Jewellers' IPO price is fixed at Rs90 per share. The IPO lot size for retail investors is 1,600 shares, while high-net-worth individuals must apply for a minimum lot of 3,200 shares. The minimum investment for retail investors is Rs1,44,000. The tentative allotment date is on Thursday, March 20, 2025. The registrar for the Divine Hira Jewellers IPO is Bigshare Services Pvt Ltd. The shares are expected to be listed on the NSE SME on Monday, March 24, 2025.

Know Before Investing

Strengths icon

  • Offers a diverse range of 22 Karat gold jewelry.
  • Experienced artisans and in-house designers ensure unique products.
  • Strong business ties with wholesalers and retailers support steady sales.

Weaknesses icon

  • A small workforce could affect operational efficiency.
  • Fluctuating gold prices can impact profits.
  • Dependence on third-party suppliers poses supply chain challenges.

About Divine Hira Jewellers Limited

Divine Hira Jewellers is a Mumbai-based company which specialises in the premium 22 Karat gold jewellery. The company leverages its deep market insights and crafts regionally inspired designs that cater to a diverse audience positioning them as key players in the industry. They have an extensive network of wholesalers, showrooms and retailers. Divine Hira Jewellers has a robust market presence in the country It was led by Hirachand P. Gulecha, a seasoned industry expert with over 30 years of experience; the company is built on a foundation of trust, quality, and innovation. Divine Hira Jeweleres is dedicated to delivering excellence and reliability, making it a trusted partner for businesses seeking high-value jewellery solutions.

Founded

2022

Managing Director

Hirachand Pukhraj Gulecha

Parent Organization

-

IPO Objectives

Divine Hira Jewellers' IPO objectives include utilising the funding received from the fresh issue to meet its working capital needs and further its general corporate purposes. The proceeds will be allocated toward loan repayment and working capital requirements, and an additional fund will be designated for general corporate purposes.

Company Promoters

Hirachand Pukhraj Gulecha

Niraj Hirachand Gulecha

Khushbu Niraj Gulecha

Hirachand P Gulecha (HUF)

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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