Divine Hira Jewellers IPO Allotment Status

Summary

Divine Hira Jewellers Limited, established in July 2022, specializes in designing and marketing premium 22 Karat gold jewellery. The Divine Hira Jewellers IPO comes with a total issue size of ₹31.84 crore, which is entirely a fresh issue of 35.38 lakh shares. The IPO opened on March 17, 2025, and closed on March 19, 2025. The allotment date for the Divine Hira Jewellers IPO is expected to be finalized on Thursday, March 20, 2025.
 

Steps to Check Divine Hira Jewellers IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website
• Select "Divine Hira Jewellers IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Divine Hira Jewellers IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Divine Hira Jewellers IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Divine Hira Jewellers IPO Subscription Status 

Divine Hira Jewellers IPO received strong investor interest, being subscribed 3.93 times overall. Here is a category-wise breakdown of the subscription as of 6:54:59 PM on March 19, 2025:

• Retail Category: 6.62 times
• Non-Institutional Investors (NII): 1.20 times

As of 6:54:59 PM

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Debt Reduction: Prepayment or repayment of certain loans
• Working Capital: Funding working capital requirements
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

The company is a wholesaler of gold jewellery, silver articles, bullions, and coins in Mumbai, with nine employees and a focus on maintaining strong relationships with wholesalers, retailers, and showrooms.