Kabra Jewels Limited IPO
NSE SMEListed On: Jan 22, 2025 at ₹ 243.2
₹ 256000 /2000 Shares
*Min Investment
15 Jan, 2025
Open Date17 Jan, 2025
Close Date20 Jan, 2025
Allotment Date22 Jan, 2025
Listing DateKabra Jewels IPO Issue Details
- Issue Price ₹121-128 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 31,25,000 shares(aggregating up to ₹40 crore)
- Fresh Share 31,25,000 shares(aggregating up to ₹40 crore)
- Listing at NSE SME
- List Price 243.2
- Listing Date 2025-01-22
- Lead Manager Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,28,000 |
| Retail(max) | 1 | 1000 | ₹1,28,000 |
| NII (min) | 2 | 2,000 | ₹2,56,000 |
Kabra Jewels IPO Reservation
Kabra Jewels IPO offers total 31,25,000 shares. Out of which 5,67,000 (18.14%) allocated to QIB, 4,26,000 (13.63%) allocated to NII,9,93,000 (31.78%) allocated to RII, NA (NA%) allocated to employees and 8,49,000 (27.17%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| 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%) |
Kabra Jewels IPO Details
Kabra Jewels Limited IPO is an SME IPO, priced at ₹121-128 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 31,25,000 equity shares, aggregating up to ₹40 crores..
The IPO bidding window is open from Jan 15, 2025 to Jan 17, 2025. The allotment is expected to be finalized on Jan 20, 2025, and the tentative listing date is Jan 22, 2025.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,28,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,56,000.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Kabra Jewels IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,67,000 / 4,26,000 | 9,93,000 | 19,86,000 |
Day 1 15-01-25 06:00 PM | 0.00 / 9.61 x | 20.92 x | 12.52 x |
Day 2 16-01-25 06:00 PM | 0.78 / 37.90 x | 86.14 x | 51.42 x |
Day 3 17-01-25 06:00 PM | 154.53 / 557.58 x | 384.90 x | 356.17 x |
Kabra Jewels Valuations
Kabra Jewels Company Financials
| 30-Nov-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 16,942.59 | 14,056.17 | 11,307.33 | 7,401.16 |
| Revenue | 12,548.47 | 16,424.32 | 12,234.02 | 11,212.54 |
| Profit After Tax | 880.89 | 939.64 | 440.58 | 540.46 |
| Net Worth | 3,986.78 | 3,105.88 | 2,166.24 | N/A |
| Reserves & Surplus | 3,250.78 | 3,059.88 | 2,120.24 | N/A |
| Total Borrowing | 10,307.08 | 8,996.84 | 6,982.62 | N/A |
About Kabra Jewels Company
Kabra Jewels Limited incorporated in 2010 and primarily is engaged in the retail business, offering jewelry collections that range across gold, diamonds, and silvers ornaments.
The product profile includes diverse offerings in all the products they deal in-including studded, and gold ornaments under different ranges. It comprises various categories: one being occasion jewelry, a majority of their sale.
The company has operations of 6 showrooms under the brands KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio, and 3 offices and 1 exhibition center.
Business Model:
Model 1: The company buys goods directly from the vendors (General Designs) Chains, Rings, Pendants, and Earrings.
Model 2: The company designs and manufactures jewelry based on their in-house specialized designs or customer orders. They choose the vendors or karigars according to their expertise for the jewelry to be manufactured like necklaces, Mang tikka, earrings, and Bracelets.
Products: Rings, Earrings, Pendants, Nose, Bracelets, Chains, Necklaces and Bangles.
As on November 30, 2024, the company has employed 121 employees.
Kabra Jewels - Promoter(s)
Kailash Kabra
Jyothi Kailash Kabra
Pre Issue Share Holding : 89.12%
Post Issue Share Holding : 62.55%
Kabra Jewels IPO - Issue Objectives
Repayment of certain borrowings availed by the Company, in part or full
To meet Working Capital requirements
General Corporate Purpose
Kabra Jewels IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Kabra Jewels Limited | N/A | N/A | 42.2 | N/A | 30.25 | 3.05 | N/A |
| Motisons Jewellers Limited | N/A | N/A | N/A | 37.22 | N/A | N/A | N/A |
| RBZ Jewellers Limited | N/A | N/A | N/A | 27.97 | N/A | N/A | N/A |
| DP Abhushan Limited | N/A | N/A | N/A | 30.08 | N/A | N/A | N/A |
Notes:
- Considering the nature and turnover of business of our Company the peers listed above are not strictly comparable. However, the same have been included for broader comparison.
- The figures for Kabra Jewels Limited are based on the restated financial statements as on March 31, 2024.
- The figures for the peer group are based on information available in the public domain.
- Current Market Price (CMP) is the closing price of each scrip as on March 31, 2024.
- P/E Ratio has been computed based on the closing market price of equity shares on the BSE/NSE on March 31, 2024 divided by the diluted EPS.
- Industry Peer Set may be modified for finalization of Issue Price before filing Red Herring Prospectus with ROC.
Contact Details
Kabra Jewels
Shop no.6, Ground Floor, Iscon Center, Besides Tanishq, Shivranjani Cross Road, Satellite Ahmedabad 380015
+91 93288 71207
Registrar Contact Details
Kabra Jewels IPO - FAQs
Ans. Kabra Jewels Limited IPO is a SME IPO. The issue is priced at ₹121-128 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 15, 2025, and closes on Jan 17, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kabra Jewels Limited IPO opens on Jan 15, 2025 and closes on Jan 17, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kabra Jewels Limited IPO is 31,25,000 shares(aggregating up to ₹40.00 Cr).
Ans. The Kabra Jewels Limited IPO price band is set between ₹121-128 per equity share.
Ans. To apply for Kabra Jewels Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kabra Jewels Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kabra Jewels Limited IPO is Jan 20, 2025.
Ans. The Kabra Jewels Limited IPO will be listed on Jan 22, 2025.
Ans. Follow the steps to check the Kabra Jewels Limited IPO allotment status online.
