Comparison between Divine Hira Jewellers IPO and Safecure IPO.
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.
| Divine Hira Jewellers IPO | Safecure IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Sun Capital Advisory Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
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 IPO | Safecure 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 Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 33,60,000 shares | 28,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹30.24 Cr | up to ₹29.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 33,60,000 shares | 28,50,000 shares |
| Issue Size Total (Amount) | up to ₹30.24 Cr | up to ₹29.07 Cr |
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.
| Divine Hira Jewellers IPO | Safecure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 17, 2025 | Oct 29, 2025 |
| Issue Close | Mar 19, 2025 | Oct 31, 2025 |
| Basis Of Allotment (Tentative) | Mar 20, 2025 | Nov 03, 2025 |
| Initiation of Refunds (Tentative) | Mar 21, 2025 | Nov 04, 2025 |
| Credit of Share (Tentative) | Mar 21, 2025 | Nov 04, 2025 |
| Listing date (Tentative) | Mar 24, 2025 | Nov 06, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Divine Hira Jewellers IPO P/E ratio is , as compared to Safecure IPO P/E ratio of 11.66.
| Divine Hira Jewellers IPO | Safecure IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| 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.
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| Promoter Shareholding (Pre-Issue) | 99.74 | 94.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.7 | 66.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹102.41 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.36 | 28.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.54 | 22.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.90 | 0.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.36 | 28.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Safecure IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,77,600 shares | 1,50,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 16,80,000 shares | 14,24,400 shares |
| RII | 16,80,000 shares | 14,25,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 33,60,000 shares | 28,50,000 shares |
Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Safecure IPO subscribed 1.81x.
| Divine Hira Jewellers IPO | Safecure IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.20x | 0.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 3.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.93x | 1.81x |