IPO Details
Bidding Dates
17 Mar 25 - 19 Mar 25
Price Range ₹
90 - 0
Total Equity
₹ 31.84Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
17 Mar 2025
Offer end
19 Mar 2025
Allotment
20 Mar 2025
Refund initiation
21 Mar 2025
Demat transfer
21 Mar 2025
Listing
24 Mar 2025
Offer start
17 Mar 2025
Offer end
19 Mar 2025
Allotment
20 Mar 2025
Refund initiation
21 Mar 2025
Demat transfer
21 Mar 2025
Listing
24 Mar 2025
About Company
Divine Hira Jewellers Limited, incorporated in July 2022, specializes in designing and marketing premium 22 Karat gold jewelry. The company serves wholesalers, showrooms, and retailers, offering a wide range of gold jewelry that blends traditional craftsmanship with modern sophistication. Their collection features an array of designs tailored to suit diverse tastes, including necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry. With a strong focus on localized designs, they create pieces that reflect regional preferences. Based in Mumbai, Maharashtra, Divine Hira Jewellers Limited operates as a wholesaler of gold jewelry, silver articles, bullions, and coins. As of October 31, 2024, the company employed nine individuals across various departments.
Year Founded
19-07-2022
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.74 | 72.7 |
| Share Capital | 9484800 | 9484800 |
Offer to Public
35,37,600.00 Cr
Project Details
- General corporate purposes - 61.909cr
- Prepayment or repayment of all or a portion of certain loans availed by - 30cr
- Funding of working capital requirements of our Company - 190cr
Objectives
- Prepayment or repayment of certain loans availed by our Company.Funding of working capital requirements of our Company.General Corporate Purposes.
Highlights
- Led by a skilled management team with deep industry expertise and a clear strategic vision.
- Offers a wide range of traditional, modern, and custom gold jewelry designs to cater to varied customer preferences.
- Implements strict quality control measures, ensuring high-purity gold jewelry with hallmark certification and unique identification for authenticity.
- Focused on innovative designs and timely deliveries, ensuring customer satisfaction and strong market presence.
- Built long-term partnerships with clients, supported by a reliable network of job workers and vendors.
Challenges
- Heavy reliance on a few key customers, making financial performance vulnerable to their demands and decisions.
- Dependence on a limited number of suppliers, which could disrupt raw material availability and impact production.
- Fluctuations in gold bullion prices directly affect profitability and cash flow.
- Revenue and operations are impacted by seasonal demand, leading to periods of inconsistent cash flow.
- Changes in regulations or failure to secure necessary approvals could result in additional costs or operational disruptions.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 2,897.18 | 731.50 | 76.84 | 76.84 | 0.808 |
| 2023 | 2,325.52 | 731.50 | 148.17 | 148.17 | 1.5581 |
