Divine Hira Jewellers Limited (NSE SME)
Mar 17, 2025 - Mar 19, 2025
| Price | ₹90 - ₹90 |
| Premium | ₹3 |
|---|---|
| Lot size | 1600 |
| Allotment | Mar 20, 2025 |
| Listing | Mar 24, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 144000 | 1050 |
| HNI | 2 | 3200 | 288000 | 1050 |
Last updated on 19-Mar-2025 17:00:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1680000 | 2190400 | 1.3 |
| RETAIL | 1680000 | 11128000 | 6.62 |
| Total | 3360000 | 13318400 | 3.96 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| NIB | 490 |
| RETAIL | 6955 |
| Total | 7445 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| NIB | 15.12 | 19.71 | 1.3 |
| RETAIL | 15.12 | 100.15 | 6.62 |
| Total | 30.24 | 119.87 | 3.96 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.2 | @11% ₹0.2 | @12% ₹0.3 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1680000 |
| Other | 47.5% | 1680000 |
| Market Maker | 5.02% | 177600 |
| Total No. of Shares | 100.0% | 3537600 |
Divine Hira Jewellers IPO Details
| Issue Size | 35,37,600 shares (aggregating up to ₹31.84 Cr) |
| Fresh Issue | 35,37,600 shares (aggregating up to ₹31.84 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,09,500 shares |
| Share Holding Post Issue | 1,30,47,100 shares |
| Market Maker Portion | 1,77,600 shares |
| Market Maker | Giriraj Stock Broking |
Key Performance Indicator (KPI)
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 22.61% | 16.36% | 13.65% |
| ROCE | 15.13% | 13.54% | 8.34% |
| RONW | 20.31% | 16.36% | 16.12% |
| EPS (basic) | 2.63 | 1.56 | 0.96 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 28.5 | 29.0 | 23.3 | 19.8 |
| Revenue | 136.0 | 183.4 | 246.5 | 142.4 |
| Profit After Tax | 2.5 | 1.5 | 0.9 | 0.3 |
| Net Worth | 12.3 | 9.8 | 8.3 | 3.0 |
| Reserves and Surplus | 9.5 | 7.3 | 7.3 | |
| Total Borrowing | 12.9 | 18.6 | 14.1 | 16.5 |
About Company
Divine Hira Jewellers Limited, incorporated in July 2022, specializes in designing and marketing premium 22 Karat gold jewelry, catering to wholesalers, showrooms, and retailers with a diverse collection that blends traditional artistry with modern elegance. The company offers a wide range of jewelry, including necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry, with a strong emphasis on localized designs that resonate with regional tastes. In addition to gold jewelry, the company is also a wholesaler of silver articles, bullions, and coins, operating in Mumbai, Maharashtra. As of October 31, 2024, Divine Hira Jewellers Limited employed nine individuals across various departments, ensuring efficient operations and customer service.
Established Brand Presence – Divine Hira Jewellers Limited has built a strong reputation in the market, attracting both wholesalers and retailers seeking high-quality gold jewelry.
Diverse Product Portfolio – The company offers an extensive range of 22 Karat gold jewelry, including necklaces, bangles, chains, rings, pendants, and wedding collections, catering to a wide customer base.
In-House Design Expertise – With skilled artisans and in-house designers, the company creates unique, regionally inspired designs, providing a competitive edge in the jewelry market.
Customer Concentration Risk – A substantial portion of Divine Hira Jewellers Limited’s revenue depends on a few key customers, and the loss or reduction of business from any of them could significantly impact financial performance.
Supplier Dependence & Raw Material Risk – The company relies on a limited number of suppliers for raw materials without long-term agreements, posing risks of supply disruptions, fluctuating costs, and reduced access to credit facilities.
Regulatory Compliance Risk – The business requires various statutory and regulatory permits, licenses, and approvals to operate, and failure to obtain, renew, or maintain these could adversely affect operations and financial results.
Avoid this ipo as market conditions are not good and spucious activities in gmp now a days ,
short sellers gang active and can make listing down
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html