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Divine Hira Jewellers Limited IPO

Divine Hira Jewellers Limited IPO

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Listed Price: ₹ 90.00 (+0.00%)

Divine Hira Jewellers Limited's successfully completed its Initial Public Offering and commenced trading on 24-03-2025 at the NSE exchange. The company raised 35,37,600 Shares through this public offering, comprising 35,37,600 Shares in fresh capital.

The IPO was priced within the band of ₹90 to ₹90, with minimum application lots of 1600 shares. The offering attracted significant investor interest during its subscription period from 17-03-2025 to 19-03-2025.

Share allotment was finalized on 20-03-2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Divine Hira IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Divine Hira IPO Key Performance Indicator
Company Financials ( In Crores )

Divine Hira IPO About Company

Divine Hira Jewellers Limited, founded in July 2022, is dedicated to designing and selling high-quality 22 Karat gold jewelry. They serve wholesalers, showrooms, and retailers with a variety of pieces that combine traditional craftsmanship with modern style. Their collection includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry, with a focus on designs that appeal to regional preferences. The company also wholesales silver items, bullions, and coins, based in Mumbai, Maharashtra. As of October 31, 2024, Divine Hira Jewellers Limited employs nine people across different departments to ensure smooth operations and excellent customer service.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Divine Hira IPO Strength Factors

  1. Strong Brand Recognition – Divine Hira Jewellers Limited has earned a solid reputation in the market, drawing both wholesalers and retailers who are looking for top-quality gold jewelry.
  2. Wide Range of Products – The company offers a broad selection of 22 Karat gold jewelry, including necklaces, bangles, chains, rings, pendants, and wedding collections, appealing to a diverse range of customers.
  3. Expert In-House Designs – With talented artisans and designers on staff, the company creates one-of-a-kind, regionally inspired pieces, giving them a unique advantage in the jewelry industry.

Divine Hira IPO Risk Factors

  1. Customer Concentration Risk – A significant part of Divine Hira Jewellers Limited’s revenue comes from a few key customers. If the company loses business from any of them, it could have a major impact on its financial performance.
  2. Supplier Dependence & Raw Material Risk – The company depends on a small number of suppliers for its raw materials and doesn't have long-term agreements in place, which could lead to supply issues, price changes, and difficulties accessing credit.
  3. Regulatory Compliance Risk – The company needs various permits, licenses, and approvals to operate. Failing to obtain, renew, or maintain these could negatively affect its operations and financial results.

Divine Hira IPO Lead Manager(s)

  • Horizon Financial Private Limited

Divine Hira IPO Promoter(s)

  1. Hirachand Pukhraj Gulecha
  2. Niraj Hirachand Gulecha
  3. Khushbu Niraj Gulecha
  4. Hirachand P Gulecha

Divine Hira IPO Company Details

Divine Hira Jewellers Limited
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Divine Hira IPO Registrar

Bigshare Services Private Limited
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Divine Hira IPO FAQs