Divine Hira Jewellers IPO: Test key dates, value band, GMP and different particulars
Test Divine Hira Jewellers IPO value band
The shares are priced at Rs 90 every, and traders can apply in a lot of 1,600 shares. The full subject is split equally, with 50% reserved for retail traders and the remaining 50% for different traders.
What’s GMP of Divine Hira Jewellers
Divine Hira Jewellers GMP is at present zero within the unlisted market. A lot of the SME IPOs this 12 months confronted NIL GMPs within the run as much as the launch.
How will the IPO proceeds be used?
The proceeds from the IPO will likely be utilized for a number of functions, together with the prepayment or reimbursement of sure loans, assembly working capital necessities, and addressing normal company wants.
Key dates: Allotment and itemizing
The share allotment course of will likely be finalized on March 20, and the shares are anticipated to record on March 24. Traders ought to hold these dates in thoughts to trace their functions.Additionally Learn: IPO Calendar: Main market momentum picks up barely with 4 points scheduled this week
About Divine Hira Jewellers
Divine Hira Jewellers is a Mumbai-based firm specializing within the design and sale of premium 22 Karat gold Jewelry. The corporate primarily serves wholesalers, showrooms, and retailers, providing a variety of Jewelry.
Product vary
The corporate gives an in depth assortment of Jewelry, together with necklaces, mangalsutras, chains, and malas. Their portfolio additionally options rings, pendants, bracelets, bangles, and kadas, together with gold cash and marriage ceremony Jewelry.
(Disclaimer: Suggestions, solutions, views and opinions given by the specialists are their very own. These don’t signify the views of Financial Occasions)
