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 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 |
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
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 15, 2025 | 0 | 9.61 | 20.92 | 12.52 |
| Day 2 Jan 16, 2025 | 0.78 | 37.9 | 86.14 | 51.42 |
| Day 3 Jan 17, 2025 | 154.53 | 556.9 | 384.89 | 356.02 |
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
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 22-01-2025 | 128.00 | 123(96.09%) | 251 |
| 21-01-2025 | 128.00 | 123(96.09%) | 251 |
| 20-01-2025 | 128.00 | 119(92.97%) | 247 |
| 19-01-2025 | 128.00 | 125(97.66%) | 253 |
| 18-01-2025 | 128.00 | 125(97.66%) | 253 |
| 17-01-2025 | 128.00 | 125(97.66%) | 253 |
| 16-01-2025 | 128.00 | 105(82.03%) | 233 |
| 15-01-2025 | 128.00 | 90(70.31%) | 218 |
| 14-01-2025 | 128.00 | 75(58.59%) | 203 |
| 13-01-2025 | 128.00 | 50(39.06%) | 178 |
| 12-01-2025 | 128.00 | 0(0%) | 128 |
| 11-01-2025 | 128.00 | 0(0%) | 128 |
| 10-01-2025 | 128.00 | 0(0%) | 128 |
| 09-01-2025 | 128.00 | 0(0%) | 128 |
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 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,28,000 |
| Retail (Max) | 1 | 1000 | ₹1,28,000 |
| HNI (Min) | 2 | 2,000 | ₹2,56,000 |
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 Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 16,942.59 | 14,056.17 | 11,307.33 |
| Revenue | 12,548.47 | 16,424.32 | 12,234.02 |
| Profit After Tax | 880.89 | 939.64 | 440.58 |
| Net Worth | 3,986.78 | 3,105.88 | 2,166.24 |
| Reserves and Surplus | 3,250.78 | 3,059.88 | 2,120.24 |
| Total Borrowing | 10,307.08 | 8,996.84 | 6,982.62 |
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%) |
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
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