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IPO

IPO Synopsis
Divine Hira Jewellers Ltd
Registered Office: 74/A 1st Flr Office No.2,Zaveri Bazar , Mumbai - 400002 , Maharashtra , India.
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.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-25 19-Mar-25 Rs90.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 28.19
Horizon Management Pvt Ltd
Project Financed through Current Offer 31.84  
Post Issue Equity Share Capital 13.05  
Issue Price Rs90.00  
 
Projects
Prepayment or repayment of all or a portion of certain loans availed by the companyGeneral corporate purposes
Funding of working capital requirements of the company
Promoted By
Hirachand Pukhraj Gukecha
Niraj Hirachand Gulecha
Khushbhu Niraj Gulecha
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd