Divine Hira Jewellers Ltd. has announced public offering of 3537600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 80.00 per share. The gross proceeds of the issue are expected to be Rs 3,183.84 lakhs.
The company's initial public offer (IPO) will open on 17 March 2025 and is expected to close on 19 March 2025, subject to customary closing conditions.
The IPO includes a fresh Issue of 3537600 Equity Shares of the Company at an price of Rs 90.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Divine Hira Jewellers Ltd. anticipates using the proceeds of the issue for .
Horizon Management Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.