Kabra Jewels IPO Logo

Kabra Jewels IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 15 to Jan 17 2025
Price Band ₹121 - 128
Current GMP ₹243.2(90.00%)
Subscription 356.02 times

IPO Details

IPO Date
January 15, 2025 to January 17, 2025
Listing Date
Wednesday, January 22, 2025
Face Value
₹10 per share
Price Band
₹121 to ₹128 per share
Lot Size
1,000 Shares
Total Issue Size
31,25,000 shares (aggregating up to ₹40.00 Cr)
Fresh Issue
31,25,000 shares (aggregating up to ₹ 40.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share Holding Pre Issue
73,60,000 shares
Share Holding Post Issue
1,04,85,000 shares
Market Maker Portion
2,90,000 sharesGiriraj Stock Broking Private Limited

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
154.53
Non-Institutional Buyers***
556.9
Retail Investors
384.89
Total **
356.02

Day Wise Sub

DayDay 1 Jan 15, 2025
QIB0
NII*9.61
Retail20.92
Total12.52
DayDay 2 Jan 16, 2025
QIB0.78
NII*37.9
Retail86.14
Total51.42
DayDay 3 Jan 17, 2025
QIB154.53
NII*556.9
Retail384.89
Total356.02

Day Wise GMP

Date22-01-2025
Price128.00
GMP123(96.09%)
Estimate List Price251
Date21-01-2025
Price128.00
GMP123(96.09%)
Estimate List Price251
Date20-01-2025
Price128.00
GMP119(92.97%)
Estimate List Price247
Date19-01-2025
Price128.00
GMP125(97.66%)
Estimate List Price253
Date18-01-2025
Price128.00
GMP125(97.66%)
Estimate List Price253
Date17-01-2025
Price128.00
GMP125(97.66%)
Estimate List Price253
Date16-01-2025
Price128.00
GMP105(82.03%)
Estimate List Price233
Date15-01-2025
Price128.00
GMP90(70.31%)
Estimate List Price218
Date14-01-2025
Price128.00
GMP75(58.59%)
Estimate List Price203
Date13-01-2025
Price128.00
GMP50(39.06%)
Estimate List Price178
Date12-01-2025
Price128.00
GMP0(0%)
Estimate List Price128
Date11-01-2025
Price128.00
GMP0(0%)
Estimate List Price128
Date10-01-2025
Price128.00
GMP0(0%)
Estimate List Price128
Date09-01-2025
Price128.00
GMP0(0%)
Estimate List Price128

IPO Important Dates

IPO Open Date
Wednesday, January 15, 2025
IPO Close Date
Friday, January 17, 2025
Basis of Allotment
Monday, January 20, 2025
Initiation of Refunds
Tuesday, January 21, 2025
Credit of Shares to Demat
Tuesday, January 21, 2025
Listing Date
Wednesday, January 22, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 17, 2025

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1000
Amount₹1,28,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹1,28,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹2,56,000

Financial Information

Period EndedPeriod Ended
30 Nov 202430 Nov 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Nov 202416,942.59
31 Mar 202414,056.17
31 Mar 202311,307.33
Period EndedRevenue
30 Nov 202412,548.47
31 Mar 202416,424.32
31 Mar 202312,234.02
Period EndedProfit After Tax
30 Nov 2024880.89
31 Mar 2024939.64
31 Mar 2023440.58
Period EndedNet Worth
30 Nov 20243,986.78
31 Mar 20243,105.88
31 Mar 20232,166.24
Period EndedReserves and Surplus
30 Nov 20243,250.78
31 Mar 20243,059.88
31 Mar 20232,120.24
Period EndedTotal Borrowing
30 Nov 202410,307.08
31 Mar 20248,996.84
31 Mar 20236,982.62

IPO Reservation

Anchor Investor Shares Offered
8,49,000 (27.17%)
Market Maker Shares Offered
2,90,000 (9.28%)
QIB Shares Offered
5,67,000 (18.14%)
NII (HNI) Shares Offered
4,26,000 (13.63%)
Retail Shares Offered
9,93,000 (31.78%)
Total Shares Offered
31,25,000 (100%)

Information about company

Incorporated in 2010, Kabra Jewels Limited is engaged in the retail jewelry business, offers a diverse collection of gold, diamond, and silver ornaments. The company designs, manufactures, and sells a wide range of gold, studded, and other jewelry products across various price, ranging from jewelry for special occasions, such as weddings, which is their highest-selling product category, to daily-wear jewelry. The company operates 6 showrooms in Ahmedabad under the brands KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio, along with 3 offices and 1 exhibition center. Business Model: Model 1: Where the company procures goods directly from vendors (General Designs) like Chains, Rings, Pendants, Earrings. Model 2: Where the company customizes jewelry based on their in-house specialized designs or customer orders. They select vendors or karigars based on their expertise for the jewelry to be manufactured like Necklace, Mang tikka, earrings, Bracelet. Products: Rings, Earrings, Pendants, Nose, Bracelets, Chains, Necklaces and Bangles. As on November 30, 2024, the company has employed 121 employees. Competitve Strength: Established brand Quality of the products Experienced promoters with established track record of operations Well established relationship with the artisans Design and Innovation in the product range Experienced management team and a motivated & efficient work force.

Objectives of IPO

The Company intend to utilize the proceeds of the Issue to meet the following objects: Repayment of certain borrowings availed by the Company, in part or full To meet Working Capital requirements General Corporate Purpose

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App