
Consumer Goods / Luxury Goods · NSE
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.
Price Band
₹90
Issue Size
₹31.84 Cr
Lot Size
1600 shares
GMP
+3.3%
Est. Listing
₹93
at current GMP
Subscribed
3.76x
overall
Open
17 Mar 2025
Close
19 Mar 2025
Allotment
20 Mar 2025
Refund
21 Mar 2025
Demat Credit
22 Mar 2025
Listing
24 Mar 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
20 Mar 2025
Basis finalization
Refunds Initiate
21 Mar 2025
Mandate release
Demat Credit
22 Mar 2025
Shares in demat
Listing Debut
24 Mar 2025
Trading begins
Divine Hira Jewellers Limited is bringing an initial public offering (IPO) in the Consumer Goods / Luxury Goods sector with an aggregate issue size of ₹31.84 Crores. The shares are offered at a price band of ₹90 to ₹90 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-03-19, the basis of allotment is scheduled to be finalized on 2025-03-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.