243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Divine Hira Jewellers Limited

Mumbai

Date of DRHP : 05 Aug 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Divine Hira Basic Details

   Jewellery

Sub Sector: designing and marketing of gold jewelleries

Exchange:
NSE Emerge

About the Company

Divine Hira Jewellers, is engaged in the business of designing and marketing of gold jewelleries. Divine Hira Jewellers mainly deal in 22 Karat gold jewellery, offering a wide variety of designs to suit preferences of the end customer. Divine Hira Jewellers have the ability to create localised product design mixes to suit various regional tastes. Divine Hira Jewellers cater to their customers’ unique preferences, through their understanding of the local and regional market. Divine Hira Jewellers provide an extensive range of designs. Divine Hira Jewellers is engaged in wholesale of gold jewellery, silver articles, bullions and coins at Mumbai, Maharashtra. Recently they have also curating and offering exquisite antique gold jewelry that transcends time, bringing the charm of historical artistry into the modern era. Currently, they cater to a large number of wholesalers, showrooms and retailers who buy their products in bulk quantities. Divine Hira Jewellers procure the required gold from bullion dealers and importers. Recently thjey are in the process to start importing gold directly. Divine Hira Jewellers do not have their own manufacturing facility and they outsource the work of making jewellery and ornaments to various artisans with whom they have developed relationships. Divine Hira Jewellers offer a large variety of handcrafted jewellery, which are designed by their in-house designers in close collaboration with skilled local craftsman located across the country. Due to their diversity of clients and the varied regions each of their clients cater to, they have developed an ability to design their jewellery products as per latest trends, fashion and demographic preference of the end customers. Divine Hira Jewellers offer a wide range of products from gold jewellery for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points. We cater to a variety of customers across mid-market and value market segments and our products are designed by our in-house team of creative designers and also certain freelance designers, allowing us to manage a large and diverse portfolio of designs. We primarily sell gold jewelry and our product range includes machine made, handmade & plain gold jewelry like necklace, mangalsutra, chains, malas, rings, pendants, bracelets, bangles, kada, coins and other wedding jewelleries. The designing and job work of our products is done either in house or by third parties on job work basis. Our primary focus has been on purity and commitment.

Financial Summary (Annualised Basis)

Revenue :
183.26 Cr.

PAT :
1.48 Cr.

Divine Hira IPO Lead Manager(s)

Horizon Management Private Limited

Divine Hira IPO Registrar

Bigshare Services Private Limited

Divine Hira DRHP Details

Objects of issue

  • Prepayment or repayment of certain loans availed by the company
  • Funding of working capital requirements of the company
  • General Corporate Purposes.

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FAQs

Divine Hira Jewellers operates in Jewellery and designing and marketing of gold jewelleries. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Divine Hira Jewellers is Fixed Price Issue and Object of issue is

  • Prepayment or repayment of certain loans availed by the company
  • Funding of working capital requirements of the company
  • General Corporate Purposes.

The DRHP (Draft Red Herring Prospectus) of Divine Hira Jewellers IPO was filed on 05 Aug 2024.

No, Divine Hira Jewellers IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Divine Hira Jewellers are not available now. You can apply in Divine Hira Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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