Divine Hira Jewellers IPO

Issue:₹90

List:₹90

CMP:₹227

NSELot: 1600SME

LISTEDSME

Issue Price₹90

Listing₹90

Current₹227

Price Band

₹90 - ₹90

Lot Size

1,600

Issue Size

₹31.84 Cr

GMP

₹0

Subscription

0.69x

Content

IPO Schedule

Open

17 Mar

19 Mar

Allotment

Listing

24 Mar

About Divine Hira Jewellers

Divine Hira Jewellers is an SME focused on the retail sale of gold, diamond, and other precious jewelry. They operate primarily in [mention specific geographic area if known, otherwise remove this part]. The IPO aims to raise capital for [mention purpose of IPO raise if known, otherwise remove this part].

Subscription Status

QIB

0.00x

NII

0.19x

Retail

1.19x

Category	Day 3	Day 2	Day 1
QIB	0.00x	0.00x	0.00x
NII	1.20x	0.49x	0.19x
Retail	6.62x	3.27x	1.19x
Total	3.93x	1.88x	0.69x

Risk Factors

•Fluctuations in gold and diamond prices impacting profitability.

•Intense competition from established national and regional jewelry retailers.

•Dependence on key suppliers for precious metals and stones.

•Regulatory risks associated with the jewelry industry, including compliance with BIS standards.

•SME segment risks, including limited access to capital and resources.