March, 12 2025 Wednesday 16:21 Hrs
Ifin-logo
  • SENSEX :   74,029.76

  • Top commodity trading and broking companies in India-72.56( -0.10%) 12-Mar-2025
Login for
FundBoss
Trade Online
Open Account

IPO Synopsis

Divine Hira Jewellers Ltd
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.
Issue
Opens On Closes On
17-Mar-25 19-Mar-25
Money Payable On
Application Allotment
90.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 28.19 Horizon Management Pvt Ltd
Project Financed through Current Offer (.Cr) 31.84  
Post Issue Equity Share Capital (.Cr) 13.05
Issue Price () 90.00
Projects
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
Promoted By
Hirachand Pukhraj Gukecha
Niraj Hirachand Gulecha
Khushbhu Niraj Gulecha
Listing At
NSE - SME
Registrar to the Issue
No Data Available
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.