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15 Days Price Change

Divine Hira Jeweller IPO

Closing In

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WEBSITE Inc. Year: 2022 Industry: Trading Listed Page

Profile
Issue Size --
Profile
Price Range 90  to  90 per share
Profile
Min Investment ₹90
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Divine Hira Jewellers Limited, established in July 2022, is a public limited company based in Mumbai, Maharashtra. Specializing in the design and marketing of premium 22 Karat gold jewelry, the company offers a diverse range of products that blend traditional artistry with modern elegance. Operating primarily in the wholesale sector, Divine Hira Jewellers caters to wholesalers, showrooms, and retailers. Their collection comprises various designs crafted to meet diverse preferences. Products include necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry. They emphasize localized design, ensuring creations resonate with regional tastes.Their registered office is situated in the renowned Zaveri Bazar area of Mumbai, a hub for jewelry businesses. Read More

Basic Info

Face Value 10 per share

Price 90  to  90 per share

P/E (x) 15.5

Sales( Cr.) 359

PAT( Cr.) 6

EPS 5.8

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Hirachand Pukhraj Gulecha Niraj Hirachand Gulecha Khushbu Niraj Gulecha Hirachand P Gulecha (HUF).

Pre Issue Share Holding 99.74%

Post Issue Share Holding 72.7%

Listing Details:

Listing Price: 90

Listing Gain: 0%

Current Price: 316.7

Gain On Issue: 316.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 17, 2025
Closing Date Mar 19, 2025
Allotment Mar 20, 2025
Refund Mar 21, 2025
Delivery of Shares Mar 21, 2025
Listing Date Mar 24, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 144,000
Retail (Max) 1 1600 144,000
S-HNI (Min) 2 3200 288,000
S-HNI (Max) 6 9600 864,000
B-HNI (Min) 7 11200 1,008,000

Objective of the Issue

1. Prepayment or repayment of all or a portion of certain loans availed by the company.rn2. Funding of working capital requirements of the Company. rn3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1768800 2122560 1.2x
Retail 1768800 11709456 6.6x
EMP 0 0 0x
Total 3537600 13902768 3.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Divine Hira Jeweller Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 125 183 359
Other Income 0 0 0
Total Income 125 183 359
Total Expenditure 123 180 350
Operating Profit 2 3 9
Interest 1 1 2
Depreciation 0 0 0
Exceptional Income / Expenses 0 0 0
Profit Before Tax 1 2 7
Provision for Tax 0 0 2
Profit After Tax 1 1 6
Adjustments 0 0 0
Profit After Adjustments 1 1 6
Adjusted Earnings Per Share 0.8 1.6 4.3

Divine Hira Jeweller Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 8 10 43
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 0 0 0
Total Current Liabilities 15 19 22
Total Liabilities 23 29 65
Fixed Assets 0 0 1
Other Non-Current Assets 0 0 0
Total Current Assets 23 29 65
Total Assets 23 29 65

Divine Hira Jeweller Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 2
Cash Flow from Operating Activities -1 -1 1
Cash Flow from Investing Activities -0 -0 -0
Cash Flow from Financing Activities 2 3 27
Net Cash Inflow / Outflow 1 2 28
Closing Cash & Cash Equivalent 1 2 29

Divine Hira Jeweller Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.81 1.56 4.26
CEPS(Rs) 0.82 1.6 4.3
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 8.75 10.31 33.28
Core EBITDA Margin(%) 1.4 1.81 2.47
EBIT Margin(%) 1.39 1.88 2.5
Pre Tax Margin(%) 0.82 1.08 2.07
PAT Margin (%) 0.62 0.81 1.55
Cash Profit Margin (%) 0.62 0.83 1.56
ROA(%) 3.3 5.68 11.76
ROE(%) 9.24 16.37 20.88
ROCE(%) 7.79 13.54 19.69
Receivable days 36.26 27.38 12.75
Inventory Days 28.38 20.93 17.29
Payable days 0.44 0 0
PER(x) 0 0 16.37
Price/Book(x) 0 0 2.09
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.17 0.13 0.23
EV/Core EBITDA(x) 11.89 6.96 8.95
Net Sales Growth(%) 0 46.67 95.79
EBIT Growth(%) 0 97.19 161.03
PAT Growth(%) 0 93.01 274.59
EPS Growth(%) 0 93.01 173.02
Debt/Equity(x) 1.69 1.9 0.44
Current Ratio(x) 1.54 1.5 2.97
Quick Ratio(x) 0.89 0.91 1.93
Interest Cover(x) 2.44 2.36 5.81
Total Debt/Mcap(x) 0 0 0.21

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 96% 0% 0% 0%
Operating Profit CAGR 200% 0% 0% 0%
PAT CAGR 500% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 545% NA% NA% NA%
ROE Average 21% 15% 15% 15%
ROCE Average 20% 14% 14% 14%

Company Contact Information

Divine Hira Jewellers Ltd.

74/ A, 1st Floor, Office No.2 Opp. Hotel Bhagat Tarachand Zaveri Bazar

IPO Lead Manager(s)

Divine Hira Jewellers Ltd.

Horizon Financial Pvt Ltd

Registrar Info

Divine Hira Jewellers Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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