Comparison between Divine Hira Jewellers IPO and Shree Refrigerations IPO.
Divine Hira Jewellers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shree Refrigerations IPO is a SME Bookbuilding proposed to list at BSE SME.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Mansi Share & Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | 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 Shree Refrigerations IPO is up to ₹111.44 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Shree Refrigerations IPO is ₹125.00 per share.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹119.00 per share | |
| Issue Price (Upper) | ₹125.00 per share | |
| Issue Price (Final) | ₹90.00 per share | ₹125.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 33,60,000 shares | 70,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹30.24 Cr | up to ₹88.63 Cr |
| OFS Issue Size | 0 shares | 18,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.81 Cr |
| Issue Size Total | 33,60,000 shares | 89,15,000 shares |
| Issue Size Total (Amount) | up to ₹30.24 Cr | up to ₹111.44 Cr |
Divine Hira Jewellers IPO opens on Mar 17, 2025, while Shree Refrigerations IPO opens on Jul 25, 2025. The closing date of Divine Hira Jewellers IPO and Shree Refrigerations IPO is Mar 19, 2025, and Jul 29, 2025, respectively.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Bid Date | Jul 24, 2025 | |
| Issue Open | Mar 17, 2025 | Jul 25, 2025 |
| Issue Close | Mar 19, 2025 | Jul 29, 2025 |
| Basis Of Allotment (Tentative) | Mar 20, 2025 | Jul 30, 2025 |
| Initiation of Refunds (Tentative) | Mar 21, 2025 | Jul 31, 2025 |
| Credit of Share (Tentative) | Mar 21, 2025 | Jul 31, 2025 |
| Listing date (Tentative) | Mar 24, 2025 | Jul 31, 2025 |
| Anchor Lockin End date 1 | Aug 29, 2025 | |
| Anchor Lockin End date 2 | Oct 28, 2025 |
Divine Hira Jewellers IPO P/E ratio is , as compared to Shree Refrigerations IPO P/E ratio of 23.81.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Shree Refrigerations Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 17% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.74 | 56.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.7 | 44.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹445.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.36% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.54% | 23.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.90 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.36% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divine Hira Jewellers IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Shree Refrigerations IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Divine Hira Jewellers IPO and 17,82,000 shares in Shree Refrigerations IPO.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 26,73,000 shares |
| Market Maker Reservation | 1,77,600 shares | 4,71,000 shares |
| QIB | 0 shares | 17,82,000 shares |
| NII | 16,80,000 shares | 13,38,000 shares |
| RII | 16,80,000 shares | 31,22,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 33,60,000 shares | 89,15,000 shares |
Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Shree Refrigerations IPO subscribed 187.55x.
| Divine Hira Jewellers IPO | Shree Refrigerations IPO | |
|---|---|---|
| QIB (times) | 167.32x | |
| NII (times) | 1.20x | 197.01x |
| Big NII (times) | 214.75x | |
| Small NII (times) | 158.70x | |
| RII (times) | 6.62x | 195.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.93x | 187.55x |
