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Divine Hira Jewellers IPO vs Patel Chem Specialities IPO

Comparison between Divine Hira Jewellers IPO and Patel Chem Specialities IPO.

IPO Details

Divine Hira Jewellers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Patel Chem Specialities IPO is a SME Bookbuilding proposed to list at BSE SME.

 Divine Hira Jewellers IPOPatel Chem Specialities IPO
LogoDivine Hira Jewellers IPO LogoPatel Chem Specialities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Unistone Capital Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Globalworth Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO 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 Patel Chem Specialities IPO is up to ₹55.83 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Patel Chem Specialities IPO is ₹84.00 per share.

 Divine Hira Jewellers IPOPatel Chem Specialities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share
Issue Price (Upper)₹84.00 per share
Issue Price (Final)₹90.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size33,60,000 shares66,46,400 shares
Fresh Issue Size (Amount)up to ₹30.24 Crup to ₹55.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,60,000 shares66,46,400 shares
Issue Size Total (Amount)up to ₹30.24 Crup to ₹55.83 Cr

IPO Timetable

Divine Hira Jewellers IPO opens on Mar 17, 2025, while Patel Chem Specialities IPO opens on Jul 25, 2025. The closing date of Divine Hira Jewellers IPO and Patel Chem Specialities IPO is Mar 19, 2025, and Jul 29, 2025, respectively.

 Divine Hira Jewellers IPOPatel Chem Specialities IPO
Anchor Bid DateJul 24, 2025
Issue OpenMar 17, 2025Jul 25, 2025
Issue CloseMar 19, 2025Jul 29, 2025
Basis Of Allotment (Tentative)Mar 20, 2025Jul 30, 2025
Initiation of Refunds (Tentative)Mar 21, 2025Jul 31, 2025
Credit of Share (Tentative)Mar 21, 2025Jul 31, 2025
Listing date (Tentative)Mar 24, 2025Aug 01, 2025
Anchor Lockin End date 1Aug 28, 2025
Anchor Lockin End date 2Oct 27, 2025

Financials & KPIs

Divine Hira Jewellers IPO P/E ratio is , as compared to Patel Chem Specialities IPO P/E ratio of 14.21.

 Divine Hira Jewellers IPOPatel Chem Specialities 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

Patel Chem Specialities Ltd. Financial Information (Restated)

Patel Chem Specialities Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets65.3146.9737.08
Total Income105.5582.7269.75
Profit After Tax10.577.662.89
EBITDA15.8012.025.83
Net Worth35.4019.5211.87
Reserves and Surplus17.5318.5210.87
Total Borrowing14.8515.4611.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.7495.13
Promoter Shareholding (Post-Issue)72.7069.78
P/E Ratio14.21
Market Cap₹208.91 Cr.
ROE16.36%29.85%
ROCE13.54%36.26%
Debt/Equity1.900.42
EPS₹5.91
RoNW16.36%24.32%

Shares Offered

In the Divine Hira Jewellers IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Patel Chem Specialities IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Divine Hira Jewellers IPO and 13,29,600 shares in Patel Chem Specialities IPO.

 Divine Hira Jewellers IPOPatel Chem Specialities IPO
Anchor Investor Reserveration0 shares19,87,200 shares
Market Maker Reserveration1,77,600 shares3,53,600 shares
QIB0 shares13,29,600 shares
NII16,80,000 shares9,98,400 shares
RII16,80,000 shares23,31,200 shares
Employee0 shares0 shares
Others
Total33,60,000 shares66,46,400 shares

Bids Received (Subscription)

Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Patel Chem Specialities IPO subscribed 167.32x.

 Divine Hira Jewellers IPOPatel Chem Specialities IPO
QIB (times)105.27x
NII (times)1.20x236.62x
Big NII (times)165.26x
Small NII (times)204.81x
RII (times)6.62x173.03x
Employee (times)
Other (times)
Total (times)3.93x167.32x