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Divine Hira Jewellers IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Jewellery sector. Horizon Management Private is the merchant banker of Divine Hira Jewellers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th August 2024.
Divine Hira Jewellers IPO open date is 17th March 2025 and close date is 19th March 2025. IPO Allotment Date is 20th March 2025 and Listing date is 25th March 2025.Divine Hira Jewellers IPO size is Rs 31.84 Cr. with IPO price of Rs 90.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Horizon Management Private Limited is the book-running lead manager of the Divine Hira Jewellers IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Divine Hira Jewellers IPO.
Divine Hira Jewellers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Divine Hira Jewellers IPO, based in Mumbai, operates in the Jewellery sector with a focus on caters to wholesalers, showrooms, and retailers with a diverse range of gold jewelry. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Divine Hira Jewellers IPO size is ₹ 31.84 Cr. Crores with fresh issue size of Rs 31.84 Cr. Crores and Offer for sale being Nil
The IPO allotment date for Divine Hira Jewellers IPO is expected to be 20th March 2025, after the finalization of basis of allotment. Investors can check Divine Hira Jewellers IPO allotment status on the registrars website, Bigshare Services Private Limited. Divine Hira Jewellers IPO refund dates are 21st March 2025.
Divine Hira Jewellers IPO is expected to be listed on 25th March 2025.
The upper price band for the Divine Hira Jewellers IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Divine Hira Jewellers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Divine Hira Jewellers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th March 2025. After submission, funds are blocked until the basis of allotment of Divine Hira Jewellers IPO is finalised.
The merchant banker for Divine Hira Jewellers IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Divine Hira Jewellers IPO RHP for further details.
The registrar for Divine Hira Jewellers IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Divine Hira Jewellers IPO through their official website or helpline.
Divine Hira Jewellers IPO was subscribed 3.93 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 31.84 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME IPO so far:
41
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
16
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 271.96 cr.
PE
Ratio:
23.50x
Average Sector PE Ratio: 25.29x
Divine Hira Jewellers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Divine Hira Jewellers Financial Review Page
Merchant Banker(s) of Divine Hira Jewellers IPO: Horizon Management Private Limited
Divine Hira Jewellers IPO subscription was 3.93 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Divine Hira Jewellers IPO listed at a listing price of 85.50 against the offer price of 90.00.
The current market price of Divine Hira Jewellers is 55.60.
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