Divine Hira Jewellers IPO Allotment: Here's How You Can Check Status Online

Once the allotment is confirmed, investors can check their allotment status on the official websites of the National Stock Exchange and Bigshare Services, the registrar for the IPO

This SME offering includes a fresh issue of 3.53 million equity shares, priced at Rs 90 per share, with a lot size of 1,600 shares

Source : ABPLIVE AI

Divine Hira Jewellers IPO Allotment Status: The allotment of shares for the Divine Hira Jewellers IPO is expected to be finalised on Thursday, March 20, 2025. The IPO, which closed its subscription window on Wednesday, March 19, received strong investor interest, with the offering oversubscribed by nearly 3.76 times.

Once the allotment is confirmed, investors can check their allotment status on the official websites of the National Stock Exchange (NSE) and Bigshare Services, the registrar for the IPO.

How To Check Divine Hira Jewellers IPO Allotment Status On NSE:

1. Visit the NSE IPO allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
2. Select the option for ‘Equity & SME IPO bid details’.
3. From the list, choose ‘Divine Hira Jewellers Ltd’ under the symbol ‘DIVINEHIRA’.
4. Enter your PAN number and application number.
5. Click on the ‘Submit’ button to view your allotment status.

Steps To Check Divine Hira Jewellers IPO Allotment Status On Bigshare Services:

1. Go to the IPO allotment status page on Bigshare Services: https://ipo.bigshareonline.com/ipo_status.html
2. Choose one of the server links provided.
3. From the drop-down menu, select ‘Divine Hira Jewellers’ as the company name.
4. Choose your preferred identification method—PAN, Application Number, DP ID, or Account Number.
5. Enter the required details for verification.
6. Click on the ‘Submit’ button to check your allotment status.

Divine Hira Jewellers IPO Details:

This SME offering includes a fresh issue of 3.53 million equity shares, priced at Rs 90 per share, with a lot size of 1,600 shares. The company plans to use the proceeds to prepay or repay part of its existing loans, fund working capital requirements, and support general corporate purposes.

Grey Market Premium (GMP) And Listing Estimate:

On Thursday, Divine Hira Jewellers' shares were trading at a premium in the grey market. According to a Business Standard report the share has a grey market premium (GMP) of Rs 7 per share, or 7.78 per cent above the issue price of Rs 90 per share. The shares are expected to make their debut on the NSE SME platform on Monday, March 24, 2025. Based on the current GMP trend, the listing of the company’s shares is expected to be positive. However, it's important to note that GMP is an unofficial indicator and shouldn’t be solely relied upon to predict market performance.

About Divine Hira Jewellers:

Divine Hira Jewellers, headquartered in Mumbai's Zaveri Bazar, is a designer and marketer of premium 22 Karat gold jewellery. The company offers a wide range of gold jewellery, including necklaces, mangalsutras, rings, bracelets, and wedding jewellery, to wholesalers, showrooms, and retailers.