Divine Hira Jewellers Limited was established in 2022, specializing in the creation and sale of premium 22-karat gold jewelry. The company caters to wholesalers, showrooms, and retailers, offering a diverse collection that combines traditional artistry with modern elegance. Their product range features necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry, designed to appeal to a wide array of preferences. Headquartered in Mumbai, Maharashtra, Divine Hira Jewellers Limited has a deep understanding of the local and regional markets, enabling it to attract a growing customer base.
The Divine Hira Jewellers IPO is a fixed-price offering worth ₹31.84 crores, consisting entirely of a fresh issue of 35.38 lakh shares. The subscription window for the IPO opens on March 17, 2025, and closes on March 19, 2025. The allotment process is expected to be completed by Thursday, March 20, 2025. The shares are tentatively scheduled to list on the NSE SME platform on Monday, March 24, 2025.
Priced at ₹90 per share, the IPO requires a minimum lot size of 1,600 shares for retail investors, translating to an investment of ₹1,44,000. For high-net-worth individuals (HNIs), the minimum investment is set at 2 lots (3,200 shares), amounting to ₹2,88,000.
Divine Hira Jewellers IPO Details
| IPO Date | March 17, 2025 to March 19, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | Approx ₹31.84 Crores |
| Fresh Issue | Approx ₹31.84 Crores |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,09,500 shares |
| Share Holding Post Issue | 1,30,47,100 shares |
Divine Hira Jewellers IPO Dates
The IPO for Divine Hira Jewellers will open on March 17, 2025, and close on March 19, 2025.
| IPO Open Date | Mon, Mar 17, 2025 |
| IPO Close Date | Wed, Mar 19, 2025 |
| Tentative Allotment | Thu, Mar 20, 2025 |
| Refunds | Fri, Mar 21, 2025 |
| Credit of Shares to Demat | Fri, Mar 21, 2025 |
| IPO Listing Date | Mon, Mar 24, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on March 19, 2025 |
Divine Hira Jewellers IPO Market Lot
The minimum market lot for the Divine Hira Jewellers IPO is 1,600 shares, requiring an application amount of ₹1,44,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ₹1,44,000 |
| Retail Maximum | 1 | 1,600 | ₹1,44,000 |
| S-HNI Minimum | 2 | 3,200 | ₹2,88,000 |
