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Divine Hira Jewellers IPO vs Paradeep Parivahan IPO

Comparison between Divine Hira Jewellers IPO and Paradeep Parivahan IPO.

IPO Details

Divine Hira Jewellers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Paradeep Parivahan IPO is a SME Bookbuilding proposed to list at BSE SME.

 Divine Hira Jewellers IPOParadeep Parivahan IPO
LogoDivine Hira Jewellers IPO LogoParadeep Parivahan IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Share India Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Share India 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 Paradeep Parivahan IPO is up to ₹39.01 Cr. The final issue price of Divine Hira Jewellers IPO is ₹90.00 per share and of Paradeep Parivahan IPO is ₹98.00 per share.

 Divine Hira Jewellers IPOParadeep Parivahan IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share
Issue Price (Upper)₹98.00 per share
Issue Price (Final)₹90.00 per share₹98.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size33,60,000 shares39,80,400 shares
Fresh Issue Size (Amount)up to ₹30.24 Crup to ₹39.01 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,60,000 shares39,80,400 shares
Issue Size Total (Amount)up to ₹30.24 Crup to ₹39.01 Cr

IPO Timetable

Divine Hira Jewellers IPO opens on Mar 17, 2025, while Paradeep Parivahan IPO opens on Mar 17, 2025. The closing date of Divine Hira Jewellers IPO and Paradeep Parivahan IPO is Mar 19, 2025, and Mar 19, 2025, respectively.

 Divine Hira Jewellers IPOParadeep Parivahan IPO
Anchor Bid DateMar 13, 2025
Issue OpenMar 17, 2025Mar 17, 2025
Issue CloseMar 19, 2025Mar 19, 2025
Basis Of Allotment (Tentative)Mar 20, 2025Mar 20, 2025
Initiation of Refunds (Tentative)Mar 21, 2025Mar 21, 2025
Credit of Share (Tentative)Mar 21, 2025Mar 21, 2025
Listing date (Tentative)Mar 24, 2025Mar 24, 2025
Anchor Lockin End date 1Apr 19, 2025
Anchor Lockin End date 2Jun 18, 2025

Financials & KPIs

Divine Hira Jewellers IPO P/E ratio is , as compared to Paradeep Parivahan IPO P/E ratio of 7.4.

 Divine Hira Jewellers IPOParadeep Parivahan 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

Paradeep Parivahan Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets164.35138.09116.78118.23
Total Income137.94211.62202.81188.69
Profit After Tax5.1815.026.562.84
Net Worth59.8954.7134.6528.1
Reserves and Surplus48.5543.3729.422.85
Total Borrowing46.2135.0936.1147.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.7492.59
Promoter Shareholding (Post-Issue)72.70
P/E Ratio7.4
Market Cap₹156.00 Cr.
ROE16.36%33.62%
ROCE13.54%26.61%
Debt/Equity1.900.80
EPS₹13.25
RoNW16.36%33.62%

Shares Offered

In the Divine Hira Jewellers IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Paradeep Parivahan IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Divine Hira Jewellers IPO and 7,96,800 shares in Paradeep Parivahan IPO.

 Divine Hira Jewellers IPOParadeep Parivahan IPO
Anchor Investor Reserveration0 shares11,92,800 shares
Market Maker Reserveration1,77,600 shares5,97,600 shares
QIB0 shares7,96,800 shares
NII16,80,000 shares5,97,600 shares
RII16,80,000 shares13,93,200 shares
Employee0 shares0 shares
Others
Total33,60,000 shares39,80,400 shares

Bids Received (Subscription)

Divine Hira Jewellers IPO subscribed 3.93x in total, whereas Paradeep Parivahan IPO subscribed 1.78x.

 Divine Hira Jewellers IPOParadeep Parivahan IPO
QIB (times)1.33x
NII (times)1.20x2.65x
Big NII (times)
Small NII (times)
RII (times)6.62x1.66x
Employee (times)
Other (times)
Total (times)3.93x1.78x