Price Band
₹90 - ₹90
Lot Size
1600
Issue Size
₹31.84 Cr
GMP
N/A
Subscription
3.93x
Analyzing...
IPO Schedule
1
Open
17 Mar 2025
2
Close
19 Mar 2025
3
Allotment
-
4
Listing
24 Mar 2025
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].
Key Strengths
- Established brand presence in target market.
- Wide range of jewelry offerings catering to diverse customer preferences.
- Demonstrated profitability with a ROE of 16.36%.
- Experienced management team with a track record in the jewelry industry.
- Potential for growth through expansion and online presence.
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.
Valuation Analysis
Given the issue price of ₹90 and the lack of a current P/E ratio, a comprehensive valuation requires a deeper dive into the company's financials and future growth prospects. Investors should carefully consider the ROE alongside the risks before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE0NA501011
NSE SymbolDIVINEHIRA
Face Value₹10
Lot Size1600
Issue Size₹31.84 Cr
Key Metrics
ROE16.36%
ROCE13.54%
Industry P/E20
PAT Margin0.81%
Debt/Equity1.90
Growth & Quality
ProfitableYes ✓
Subscription
Total0.69x
Imbalance Ratio1.0x
Documents
RHP not available
Key Dates
Open Date17 Mar 2025
Close Date19 Mar 2025
Listing24 Mar 2025