Divine Hira Jewellers IPO
₹1,44,000/1600 shares
Minimum Investment
IPO Details
17 Mar 25
19 Mar 25
₹1,44,000
1600
₹90 to ₹90
NSE
₹31.84 Cr
24 Mar 25
Divine Hira Jewellers IPO Timeline
Bidding Start
17 Mar 25
Bidding Ends
19 Mar 25
Allotment Finalisation
20 Mar 25
Refund Initiation
21 Mar 25
Demat Transfer
21 Mar 25
Listing
24 Mar 25
Divine Hira Jewellers Limited
Divine Hira Jewellers Limited specializes in designing and marketing gold jewellery, primarily dealing in 22 Karat gold pieces. The company offers a diverse range of designs, catering to regional tastes and customer preferences. Engaged in wholesale operations, it provides gold jewellery, silver articles, bullions, and coins from Mumbai, Maharashtra. The company collaborates with skilled artisans for jewellery manufacturing, ensuring high-quality craftsmanship. Established by HirachandGulecha, the business evolved from “Hira Traders” into a public limited company in 2022. With a focus on innovation and customer satisfaction, it continues to expand its market presence.
SWOT Analysis of Divine Hira Jewellers IPO
Strength and Opportunities
- Wide experience of promoters.
- Reputation and trust in the market.
- Understanding of customer preferences.
- Innovative designs.
- Quality products at competitive prices.
- Increasing customer base.
- Export opportunities.
- Growing market for customized jewellery and designs
Risks and Threats
- Limited geographical area of operations.
- Tough competition limits market share.
- No owned manufacturing facilities.
- Competition from organized and unorganized sectors.
- Fluctuation in raw material prices.
- Constant change in consumer preferences.
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About Divine Hira Jewellers Limited IPO
Divine Hira Jewellers IPO Key Financials (in ₹ lakhs)
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2897.18 | 2325.52 | 1977.95 |
| Revenue | 18,325.61 | 12,494.58 | 14,240.17 |
| Profit After Tax | 148.17 | 76.84 | 28.29 |
| Reserves and Surplus | 248.51 | 100.34 | – |
| Total Borrowings | 1860.52 | 1404.59 | 1653.82 |
Divine Hira Jewellers IPO Strengths
- Experienced management, with promoters having over 30 years of expertise, supported by a well-trained and trustworthy team.
- The company offers a wide range of jewellery, including traditional, Indo-western, and modern designs, catering to diverse customer preferences.
- Stringent quality control measures ensure jewellery purity, with BIS hallmarking and two-stage quality checks.
- A strong understanding of customer preferences allows the company to offer designs that align with market trends.
- Each jewellery piece is hallmarked with a unique HU ID, ensuring authenticity and traceability.
- The company collaborates with experienced job workers and vendors, maintaining high-quality craftsmanship.
Divine Hira Jewellers Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 1.56 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 16.36% |
| Net Asset Value (NAV) | 10.31 |
| Return on Equity | 16.36% |
| Return on Capital Employed (ROCE | 13.54% |
| EBITDA Margin | 1.81% |
| PAT Margin | 0.81% |
| Debt to Equity Ratio | 1.90 |
Peer Group Comparison
| Name of the Company | Face Value (₹) | EPS (₹) | NAV
(₹) |
P/E Ratio | RoNW (%) | Revenue (₹ in Lakhs) |
| Divine Hira Jewellers Limited | 10 | 1.56 | 10.31 | [●] | 16.36 | 18,325.61 |
| Peer Group | ||||||
| SKY Gold Limited | 10 | 35.18 | 184.42 | 67.50 | 23.66 | 174,548.42 |
Objectives of the Proceeds
- Prepayment or repayment of all or a portion of certain loans availed by the company, ₹300 lakhs
- Funding of working capital requirements of our Company up to, ₹1900 lakhs
- To meet general corporate expenses
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQ's On SME IPO
How can I apply for Divine Hira Jewellers Limited IPO?
You can apply via HDFCSky, or other brokers using UPI-based ASBA (Application Supported by Blocked Amount).
What is the lot size for Divine Hira Jewellers IPO?
The lot size for Divine Hira Jewellers IPO is 1600 shares per lot.
When will Divine Hira Jewellers IPO be listed?
Divine Hira Jewellers IPO will be listed on the SME NSE platform on 24 March 2025.
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