IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Divine Hira Jewellers Ltd
Divine Hira Jewellers Ltd
Registered Office : 74/A 1st Flr Office No.2,Zaveri Bazar,Mumbai Maharashtra 400002 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.
Opens On
Closes On
17-Mar-2025
19-Mar-2025
Application
Allotment
90.00
0.00
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
28.19
31.84
13.05
90.00
Horizon Management Pvt Ltd
- Prepayment or repayment of all or a portion of certain loans availed by the company
- Funding of working capital requirements of the company
- General corporate purposes
- Hirachand Pukhraj Gukecha
- Niraj Hirachand Gulecha
- Khushbhu Niraj Gulecha
- NSE - SME
- Bigshare Services Pvt Ltd