Koura Fine Diamond Jewelry IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Mar 06 to Mar 11 2024
Price Band
₹55
Current GMP
₹75 (36.36%)
Subscription
733.01 times
IPO Details
| IPO Date | March 6, 2024 to March 11, 2024 |
| Listing Date | Thursday, March 14, 2024 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,000,000 shares (aggregating up to ₹5.50 Cr) |
| Fresh Issue | 1,000,000 shares (aggregating up to ₹5.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,601,500 |
| Share holding post issue | 3,601,500 |
| Market Maker portion | 70,000 shares Giriraj Stock Broking |
IPO Date
March 6, 2024 to March 11, 2024
Listing Date
Thursday, March 14, 2024
Face Value
₹10 per share
Price
₹55 per share
Lot Size
2000 Shares
Total Issue Size
1,000,000 shares (aggregating up to ₹5.50 Cr)
Fresh Issue
1,000,000 shares (aggregating up to ₹5.50 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
2,601,500
Share holding post issue
3,601,500
Market Maker portion
70,000 shares Giriraj Stock Broking
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 373.66 |
| Retail Investors | 1,083.98 |
| Total ** | 733.01 |
Market Maker
1
Non-Institutional Buyers*
373.66
Retail Investors
1,083.98
Total **
733.01
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Mar 6, 2024 | 7.09 | 46.66 | 26.92 |
| Day 2 Mar 7, 2024 | 38.42 | 193.88 | 116.43 |
| Day 3 Mar 11, 2024 | 373.66 | 1,083.98 | 733.01 |
DayDay 1
Mar 6, 2024
NII*7.09
Retail46.66
Total26.92
DayDay 2
Mar 7, 2024
NII*38.42
Retail193.88
Total116.43
DayDay 3
Mar 11, 2024
NII*373.66
Retail1,083.98
Total733.01
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 14-03-2024 | 55.00 | 60 (109.09%) | 115 |
| 13-03-2024 | 55.00 | 60 (109.09%) | 115 |
| 12-03-2024 | 55.00 | 60 (109.09%) | 115 |
| 11-03-2024 | 55.00 | 65 (118.18%) | 120 |
| 10-03-2024 | 55.00 | 70 (127.27%) | 125 |
| 09-03-2024 | 55.00 | 70 (127.27%) | 125 |
| 08-03-2024 | 55.00 | 70 (127.27%) | 125 |
| 07-03-2024 | 55.00 | 65 (118.18%) | 120 |
| 06-03-2024 | 55.00 | 65 (118.18%) | 120 |
| 05-03-2024 | 55.00 | 60 (109.09%) | 115 |
| 04-03-2024 | 55.00 | 55 (100%) | 110 |
| 03-03-2024 | 55.00 | 40 (72.73%) | 95 |
| 02-03-2024 | 55.00 | 10 (18.18%) | 65 |
Date14-03-2024
Price55.00
GMP60 (109.09%)
Estimate List Price115
Date13-03-2024
Price55.00
GMP60 (109.09%)
Estimate List Price115
Date12-03-2024
Price55.00
GMP60 (109.09%)
Estimate List Price115
Date11-03-2024
Price55.00
GMP65 (118.18%)
Estimate List Price120
Date10-03-2024
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date09-03-2024
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date08-03-2024
Price55.00
GMP70 (127.27%)
Estimate List Price125
Date07-03-2024
Price55.00
GMP65 (118.18%)
Estimate List Price120
Date06-03-2024
Price55.00
GMP65 (118.18%)
Estimate List Price120
Date05-03-2024
Price55.00
GMP60 (109.09%)
Estimate List Price115
Date04-03-2024
Price55.00
GMP55 (100%)
Estimate List Price110
Date03-03-2024
Price55.00
GMP40 (72.73%)
Estimate List Price95
Date02-03-2024
Price55.00
GMP10 (18.18%)
Estimate List Price65
IPO Important Dates
| IPO Open Date | Wednesday, March 6, 2024 |
| IPO Close Date | Monday, March 11, 2024 |
| Basis of Allotment | Tuesday, March 12, 2024 |
| Initiation of Refunds | Wednesday, March 13, 2024 |
| Credit of Shares to Demat | Wednesday, March 13, 2024 |
| Listing Date | Thursday, March 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 11, 2024 |
IPO Open Date
Wednesday, March 6, 2024
IPO Close Date
Monday, March 11, 2024
Basis of Allotment
Tuesday, March 12, 2024
Initiation of Refunds
Wednesday, March 13, 2024
Credit of Shares to Demat
Wednesday, March 13, 2024
Listing Date
Thursday, March 14, 2024
Cut-off time for UPI mandate confirmation
5 PM on March 11, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| HNI (Min) | 2 | 4,000 | ₹220,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹110,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹110,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹220,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
| Assets | 352.53 | 327.34 |
| Revenue | 601.84 | 556.35 |
| Profit After Tax | 17.01 | 13.41 |
| Net Worth | 286.06 | 269.06 |
| Reserves and Surplus | 25.91 | 221.76 |
| Total Borrowing | 48.84 | 51.80 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2023352.53
31 Mar 2023327.34
Period EndedRevenue
30 Sep 2023601.84
31 Mar 2023556.35
Period EndedProfit After Tax
30 Sep 202317.01
31 Mar 202313.41
Period EndedNet Worth
30 Sep 2023286.06
31 Mar 2023269.06
Period EndedReserves and Surplus
30 Sep 202325.91
31 Mar 2023221.76
Period EndedTotal Borrowing
30 Sep 202348.84
31 Mar 202351.80
Key Performance Indicator
| ROE | 6.13% |
| ROCE | 7.64% |
| Debt/Equity | 0.17 |
| RoNW | 5.95% |
| P/BV | 5 |
| PAT Margin (%) | 2.83 |
| EPS (Rs) | 0.52 |
ROE
6.13%
ROCE
7.64%
Debt/Equity
0.17
RoNW
5.95%
P/BV
5
PAT Margin (%)
2.83
EPS (Rs)
0.52
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 70,000 (7.00%) |
| Other Shares Offered | 464,000 (46.40%) |
| Retail Shares Offered | 466,000 (46.60%) |
| Total Shares Offered | 1,000,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
70,000 (7.00%)
Other Shares Offered
464,000 (46.40%)
Retail Shares Offered
466,000 (46.60%)
Total Shares Offered
1,000,000 (100%)
Information about company
Incorporated in March 2022, Koura Fine Diamond Jewelry Limited wholesales gold and diamond jewelry. The company offers 22 Karat Gold and 18 Karat Diamond jewellery.
The company deals exclusively in jewelry that is certified by the Hallmark. For gold jewelry, the company obtains certification from the Bureau of Indian Standards (BIS) with 91.6% certifications for 22 Karat and from the International Gemmological Institute, India, and (BIS) with 75% certifications for 18 Karat diamond jewelry.
The company has been successfully operating in Gujarat and Odisha, both in the western and eastern regions.
As of December,31st, 2023, the company has a total strength of 08 employees in various departments.
Objectives of IPO
The company proposes to utilize the funds which are being raised through this Issue ("Net Proceeds") towards the following objects:
Funding the working capital requirements of the company
General Corporate Purposes
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
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