1.Company Information

Incorporated in July 2022 Divine Hira Jewellers Limited specializes in designing and marketing premium 22 Karat gold jewelry. The company caters to wholesalers, showrooms, and retailers with a diverse range of gold jewelry that combines traditional artistry with modern elegance. Their collection comprises various designs crafted to meet diverse preferences. Products include necklaces, mangalsutras, chains, malas, rings, pendants, bracelets, bangles, kadas, coins, and wedding jewelry. They emphasize localized design, ensuring creations resonate with regional tastes. The company is a wholesaler of gold jewellery, silver articles, bullions, and coins in Mumbai, Maharashtra. As of October 31, 2024, the company had nine employees in various departments. Competitive Strength: Established Brand Presence attracts both wholesalers and retailers. Portfolio of 22 Karat gold jewelry: necklaces, bangles, chains, rings, pendants, and wedding collections. Artisans and in-house designers create unique, regional designs, giving Divine Hira Jewellers a competitive edge. For consistent sales, the company maintains strong ties with wholesalers, retailers, and showrooms.

3. Objects of the Issue

The Company Divine Hire Jewellers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Prepayment or repayment of all or a portion of certain loans availed by the company 30
2. Funding of working capital requirements of the Company 190
3. General corporate purposes 61.91

4. Divine Hira Jewellers Limited SME IPO Registrar

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