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Divine Hira Jewellers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Divine Hira Jewellers Ltd IPO

Registered Office: 74/A 1st Flr Office No.2,Zaveri Bazar , Mumbai - 400002 , Maharashtra , India.
Phone : +91 222 240 2662   Fax:
Email :  info@divinehirajewellers.com  
Website :  www.divinehirajewellers.com
Public issue of 35,37,600 equity shares of face value (Rs)10 each ("Equity Shares") of the company for cash at a price of (Rs)90/- per equity share (including a securities premium of (Rs)80/- per equity share) (the "Issue Price"), aggregating to (Rs)31.84 crores ("Issue") of the issue, 1,77,600 equity shares aggregating to (Rs)1.60 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 33,60,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)90/- per equity share aggregating to (Rs)30.24 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.11% and 25.75%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10/- and the issue price is 9 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-25 19-Mar-25 (Rs)90.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 28.19
Horizon Management Pvt Ltd
Project Financed through Current Offer 31.84  
Post Issue Equity Share Capital 13.05  
Issue Price (Rs)90.00  
 
Projects
Prepayment or repayment of all or a portion of certain loans availed by the companyGeneral corporate purposes
Funding of working capital requirements of the company
Promoted By
Hirachand Pukhraj Gukecha  
Niraj Hirachand Gulecha  
Khushbhu Niraj Gulecha  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd