Divine Hira Jewellers' IPO offers 35,37,600 shares worth ₹31.84 Cr to fund working capital, repay debt, and meet general corporate needs.
Open Date : March 17, 2025 Close Date : March 19, 2025 Allotment Date: March 20, 2025 Listing Date: March 24, 2025
IPO Price: INR 90 per share Lot Size: 1600 Shares Total Issue Size: INR 31.84 crores
Divine Hira IPO shows mixed performance: 1. Profitability: Showing improvement. 2. Equity Growth: Increasing steadily. 3. Revenue: Declining trend. 4. Efficiency Ratios: Fluctuating performance.
Divine Hira IPO Comparison: 1. Divine Hira: ₹18,325.61L revenue, ₹1.56 EPS, 16.36% RoNW. 2. Sky Gold: ₹1,74,548.42L revenue, ₹35.18 EPS, 23.66% RoNW. 3. Verdict: Sky Gold leads in all metrics.
Divine Hira IPO Objective: 1. Working Capital: ₹19 Cr allocation. 2. Debt Repayment: ₹3 Cr allocation. 3. Other Uses: Branding, marketing, expansion.
Divine Hira IPO Risks: 1. 96% revenue from 10 clients, high risk. 2. Client loss may impact business. 3. Seasonal demand affects revenue. 4. Job worker reliance risks stability.