The Divine Hira Jewellers IPO is scheduled to open on March 17, 2025, and will close on March 19, 2025. It follows a Fixed Price Issue format. The company aims to raise approximately ₹31.84 crores through the IPO, comprising a fresh issue of ₹31.84 crores. The IPO price is set at ₹90 per share, with a retail investor allocation of 50% and a High Net-Worth Individual (HNI) allocation of 50%. Divine Hira Jewellers IPO is set to list on NSE on March 24, 2025, with the allotment date scheduled for March 20, 2025. Financially, the company reported revenue of ₹183.41 crores in 2024, down from ₹246.45 crores in 2023. The profit stood at ₹1.48 crores in 2024 compared to ₹0.91 crores in 2023. Based on the financial performance, the IPO presents a solid long-term investment opportunity.
Divine Hira Jewellers IPO Details
Field
Value
est listing
93 (3.33%)
gain percentage
0%
gmp
3
ipo size
₹31.84 Cr
ipo title
Divine Hira Jewellers NSE SME IPO
price
90
status
Listed
subscription
3.93x
Divine Hira Jewellers IPO Dates
Field
Value
boa dt
20-Mar
close
19-Mar
listing
24-Mar
lot
1,600
open
17-Mar
Divine Hira Jewellers IPO Financial Report
Divine Hira Jewellers Limited has demonstrated financial growth over the years. The company reported revenue of ₹183.41 crores in 2024 compared to ₹246.45 crores in 2023. Profitability also improved, with a net profit of ₹1.48 crores in 2024, up from ₹0.91 crores in 2023.
Financial Year
2024
2023
Revenue
₹183.41
₹246.45
Expense
₹181.43
₹245.23
Profit After Tax
₹1.48
₹0.91
About Divine Hira Jewellers IPO
Divine Hira Jewellers Limited, founded in 2022, specializes in high-quality 22 Karat gold jewelry. The company serves wholesalers, showrooms, and retailers, offering an extensive collection that blends traditional craftsmanship with contemporary sophistication. Its product range includes necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry. Based in Mumbai, Maharashtra, Divine Hira Jewellers Limited has a strong presence in the local and regional market, allowing it to attract more consumers. As of October 31, 2024, the company had nine employees across different departments, sourcing gold from trusted bullion dealers and importers. Although it does not have an in-house manufacturing facility, the company has developed strong partnerships with skilled artisans.
