Divine Hira Jewellers Ltd
Registered Office:
74/A 1st Flr Office No.2,Zaveri Bazar,
Mumbai
-
400002,
Phone : +91 222 240 2662
Fax : NA
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.
Opens On
Closes On
Application
Allotment
17-Mar-25
19-Mar-25
90.00-0.00
0.00-0.00
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
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
Hirachand Pukhraj Gukecha
Niraj Hirachand Gulecha
Khushbhu Niraj Gulecha