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Divine Hira Jewellers IPO vs Jinsuri Electromet IPO

Comparison between Divine Hira Jewellers IPO and Jinsuri Electromet IPO.

IPO Details

Divine Hira Jewellers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jinsuri Electromet IPO is a SME Fixed Price proposed to list at BSE SME.

 Divine Hira Jewellers IPOJinsuri Electromet IPO
LogoDivine Hira Jewellers IPO LogoJinsuri Electromet IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Inventure Growth & Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Divine Hira Jewellers IPO is up to ₹30.24 Cr whereas the issue size of the Jinsuri Electromet IPO is up to ₹18.00 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Jinsuri Electromet IPO is ₹45.00 per share.

 Divine Hira Jewellers IPOJinsuri Electromet IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size33,60,000 shares39,99,000 shares
Fresh Issue Size (Amount)up to ₹30.24 Crup to ₹18.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,60,000 shares39,99,000 shares
Issue Size Total (Amount)up to ₹30.24 Crup to ₹18.00 Cr

IPO Timetable

Divine Hira Jewellers IPO opens on Mar 17, 2025, while Jinsuri Electromet IPO opens on . The closing date of Divine Hira Jewellers IPO and Jinsuri Electromet IPO is Mar 19, 2025, and , respectively.

 Divine Hira Jewellers IPOJinsuri Electromet IPO
Anchor Bid Date
Issue OpenMar 17, 2025
Issue CloseMar 19, 2025
Basis Of Allotment (Tentative)Mar 20, 2025
Initiation of Refunds (Tentative)Mar 21, 2025
Credit of Share (Tentative)Mar 21, 2025
Listing date (Tentative)Mar 24, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Divine Hira Jewellers IPO P/E ratio is , as compared to Jinsuri Electromet IPO P/E ratio of 50.57.

 Divine Hira Jewellers IPOJinsuri Electromet IPO
Financials

Divine Hire Jewellers Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets28.5428.9723.2619.78
Total Income136.03183.41246.45142.4
Profit After Tax2.51.480.910.28
Net Worth12.39.88.323
Reserves and Surplus9.517.327.32
Total Borrowing12.9318.6114.0516.54
Amount in ₹ Crore

Jinsuri Electromet Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets13.3310.868.41
Total Income11.1118.630.41
Profit After Tax0.380.650.01
Net Worth12.49.742.59
Reserves and Surplus5.155.730.01
Total Borrowing0.010.475.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.7499.996
Promoter Shareholding (Post-Issue)72.7064.46
P/E Ratio50.57
Market Cap₹50.64 Cr.
ROE16.36%6.62%
ROCE13.54%8.47%
Debt/Equity1.90
EPS₹0.89
RoNW16.36%6.62%

Shares Offered

In the Divine Hira Jewellers IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Jinsuri Electromet IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Divine Hira Jewellers IPO and in Jinsuri Electromet IPO.

 Divine Hira Jewellers IPOJinsuri Electromet IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration1,77,600 shares2,01,000 shares
QIB0 shares
NII16,80,000 shares
RII16,80,000 shares
Employee0 shares
Others
Total33,60,000 shares

Bids Received (Subscription)

Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Jinsuri Electromet IPO subscribed .

 Divine Hira Jewellers IPOJinsuri Electromet IPO
QIB (times)
NII (times)1.20x
Big NII (times)
Small NII (times)
RII (times)6.62x
Employee (times)
Other (times)
Total (times)3.93x