Divine Hira Jewellers IPO vs Safecure IPO

Comparison between Divine Hira Jewellers IPO and Safecure IPO.

IPO Details

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

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 Safecure IPO is up to ₹29.07 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Safecure IPO is ₹102.00 per share.

 Divine Hira Jewellers IPOSafecure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size33,60,000 shares28,50,000 shares
Fresh Issue Size (Amount)up to ₹30.24 Crup to ₹29.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,60,000 shares28,50,000 shares
Issue Size Total (Amount)up to ₹30.24 Crup to ₹29.07 Cr

IPO Timetable

Divine Hira Jewellers IPO opens on Mar 17, 2025, while Safecure IPO opens on Oct 29, 2025. The closing date of Divine Hira Jewellers IPO and Safecure IPO is Mar 19, 2025, and Oct 31, 2025, respectively.

Financials & KPIs

Divine Hira Jewellers IPO P/E ratio is , as compared to Safecure IPO P/E ratio of 11.66.

 Divine Hira Jewellers IPOSafecure IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets28.5428.9723.2619.78
Total Income136.03183.41246.45142.40
Profit After Tax2.501.480.910.28
NET Worth12.309.808.323.00
Reserves and Surplus9.517.327.32
Total Borrowing12.9318.6114.0516.54
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Safecure Services Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets54.6153.0737.4830.94
Total Income18.3673.2763.0647.74
Profit After Tax1.996.165.693.98
EBITDA12.4311.369.09
NET Worth22.9420.9315.009.33
Reserves and Surplus16.1714.168.127.62
Total Borrowing19.5220.5514.3011.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.7494.33
Promoter Shareholding (Post-Issue)72.766.14
P/E Ratio11.66
Market Cap₹102.41 Cr.
ROE16.3628.86
ROCE13.5422.48
Debt/Equity1.900.98
EPS₹8.75
RoNW16.3628.86

Shares Offered

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

 Divine Hira Jewellers IPOSafecure IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,77,600 shares1,50,000 shares
QIB0 shares0 shares
NII16,80,000 shares14,24,400 shares
RII16,80,000 shares14,25,600 shares
Employee0 shares0 shares
Others
Total33,60,000 shares28,50,000 shares

Bids Received (Subscription)

Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Safecure IPO subscribed 1.81x.

Compare with others

Compare:

Divine Hira Jewellers IPO Vs Safecure IPO