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Divine Hira Jewellers IPO vs Manoj Jewellers IPO

Comparison between Divine Hira Jewellers IPO and Manoj Jewellers IPO.

IPO Details

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

 Divine Hira Jewellers IPOManoj Jewellers IPO
LogoDivine Hira Jewellers IPO LogoManoj Jewellers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Jawa Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor 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 Manoj Jewellers IPO is up to ₹15.38 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Manoj Jewellers IPO is ₹54.00 per share.

 Divine Hira Jewellers IPOManoj Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size33,60,000 shares28,48,000 shares
Fresh Issue Size (Amount)up to ₹30.24 Crup to ₹15.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,60,000 shares28,48,000 shares
Issue Size Total (Amount)up to ₹30.24 Crup to ₹15.38 Cr

IPO Timetable

Divine Hira Jewellers IPO opens on Mar 17, 2025, while Manoj Jewellers IPO opens on May 05, 2025. The closing date of Divine Hira Jewellers IPO and Manoj Jewellers IPO is Mar 19, 2025, and May 07, 2025, respectively.

 Divine Hira Jewellers IPOManoj Jewellers IPO
Anchor Bid Date
Issue OpenMar 17, 2025May 05, 2025
Issue CloseMar 19, 2025May 07, 2025
Basis Of Allotment (Tentative)Mar 20, 2025May 08, 2025
Initiation of Refunds (Tentative)Mar 21, 2025May 09, 2025
Credit of Share (Tentative)Mar 21, 2025May 09, 2025
Listing date (Tentative)Mar 24, 2025May 12, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Divine Hira Jewellers IPO P/E ratio is , as compared to Manoj Jewellers IPO P/E ratio of 9.97.

 Divine Hira Jewellers IPOManoj Jewellers 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

Manoj Jewellers Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets34.6826.2212.9915.18
Total Income42.9743.3813.646.76
Profit After Tax3.773.240.620.36
Net Worth13.579.86.562.43
Reserves and Surplus7.583.810.570.77
Total Borrowing18.8215.385.6712.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.7494.99
Promoter Shareholding (Post-Issue)72.7063.28
P/E Ratio9.97
Market Cap₹48.52 Cr.
ROE16.36%39.63%
ROCE13.54%30.57%
Debt/Equity1.901.57
EPS₹5.42
RoNW16.36%33.08%

Shares Offered

In the Divine Hira Jewellers IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Manoj Jewellers 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 Manoj Jewellers IPO.

 Divine Hira Jewellers IPOManoj Jewellers IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration1,77,600 shares1,52,000 shares
QIB0 shares0 shares
NII16,80,000 shares14,24,000 shares
RII16,80,000 shares14,24,000 shares
Employee0 shares0 shares
Others
Total33,60,000 shares28,48,000 shares

Bids Received (Subscription)

Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Manoj Jewellers IPO subscribed 1.14x.

 Divine Hira Jewellers IPOManoj Jewellers IPO
QIB (times)
NII (times)1.20x1.27x
Big NII (times)
Small NII (times)
RII (times)6.62x1.01x
Employee (times)
Other (times)
Total (times)3.93x1.14x