Divine Hira Jewellers Limited IPO GMP

Divine Hira Jewellers Limited specializes in the design and marketing of premium 22 Karat gold jewelry. Based in the vibrant Zaveri Bazar, Mumbai, they cater to wholesalers, showrooms, and retailers with a diverse range of gold jewelry that combines traditional artistry with modern elegance.

Divine Hira Jewellers, an Fixed Price Issue amounting to ₹ 31.84 Crores, consisting entirely an Fresh Issue of 35.37 Lakh Shares. The subscription period for the Divine Hira Jewellers IPO opens on March 17, 2025, and closes on March 19, 2025. The allotment is expected to be finalized on or about Thursday, March 20, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, March 24, 2025.

The Share Price of Divine Hira Jewellers IPO is set at ₹ 90 per equity share. The Market Capitalisation of the Divine Hira Jewellers Limited at IPO price of ₹ 90 per equity share will be ₹ 117.42 Crores. The lot size of the IPO is 1,600 shares. Retail investors are required to invest a minimum of ₹ 1,44,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹ 2,88,000.

Horizon Management Private Limited is the book running lead manager of the Divine Hira Jewellers IPO, while BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the issue. Giriraj Stock Broking Private Limited is the Market Maker for Divine Hira Jewellers IPO.

Divine Hira Jewellers Limited IPO GMP Today
The Grey Market Premium of Divine Hira Jewellers Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Divine Hira Jewellers Limited IPO Live Subscription Status Today: Real-Time Update
Divine Hira Jewellers IPO will be open for its subscription on 17 March, 2025.

Divine Hira Jewellers Limited Day Wise IPO GMP Trend

Divine Hira Jewellers Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Divine Hira Jewellers IPO allotment date is 20 March, 2025, Thursday. Divine Hira Jewellers IPO Allotment will be out on 20 March, 2025 and will be live on Registrar Website from the allotment date. Check Divine Hira Jewellers IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Divine Hira Jewellers Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Divine Hira Jewellers Limited IPO
Divine Hira Jewellers proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 300.00 Lakhs is required for Prepayment or repayment of certain loans availed by the Company;
2. ₹ 1,900.00 Lakhs is required for Funding of working capital requirements of the Company;
3. ₹ 619.09 Lakhs is required for General Corporate Purposes.

Refer to Divine Hira Jewellers Limited RHP for more details about the Company.