Koura Fine Diamond Jewelry Limited IPO
Koura Fine Diamond Jewelry Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹55 per share. The stock debuted at ₹75, delivering a listing gain of 36.4%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
Koura Fine Diamond Jewelry Limited IPO
- IPO Dates
- Mar 6, 2024 – Mar 11, 2024
- Price band
- ₹55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- ₹5.5 Cr
- Lot size
- 2000
- Allotment Date
- Mar 12, 2024
- Listing
- Mar 14, 2024
- Listing At
- BSE SME
IPO timeline
-
Mar 6, 2024
Open Date
Completed
-
Mar 11, 2024
Close Date
Completed
-
Mar 12, 2024
Allotment Date
Completed
-
Mar 14, 2024
Listing Date
Completed
Koura Fine Diamond Jewelry Limited IPO Essentials
Koura Fine Diamond Jewelry Limited IPO Details
Koura Fine Diamond Jewelry Limited IPO is priced at ₹55 per share with a total issue size of 5.5 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,000,000 shares(aggregating up to ₹5.50 Cr)
- Total issue size
- 10,00,000 shares
(aggregating up to ₹5.5 crore) - Fresh issue
- 10,00,000 shares
(aggregating up to ₹5.5 crore) - Listing at
- BSE SME
- List price
- 75.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 2000 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 | 2000 | ₹1,10,000 |
| Retail(max) | 1 | 2000 | ₹1,10,000 |
| NII (min) | 2 | 4000 | ₹2,20,000 |
Koura Fine Diamond Jewelry Limited IPO Reservation
Koura Fine Diamond Jewelry Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,000,000 shares, approximately 46.6% for retail investors, and 7% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 70,000 (7%) | |
| Retail Shares Offered | 466,000 (46.6%) | |
| Total Shares Offered | 1,000,000 (100%) |
Koura Fine Diamond Jewelry Limited IPO Analytics
Koura Fine Diamond Jewelry Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Koura Fine Diamond Jewelry Limited IPO Subscription Status
Koura Fine Diamond Jewelry Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 464,000 | 466,000 | 930,000 |
|
Day 1
06-03-24 06:00 PM
|
(7.09) x | 46.66 x | 26.92 x |
|
Day 2
07-03-24 06:00 PM
|
(38.42) x | 193.88 x | 116.43 x |
|
Day 3
11-03-24 06:00 PM
|
(379.86) x | 1086.31 x | 733.08 x |
Koura Fine Diamond Jewelry Limited Valuations
Earnings
- EPS Pre IPO
- ₹0.52/-
- EPS Post IPO
- ₹0.94/-
- P/E Pre IPO
- 106.7
- P/E Post IPO
- 58.23
Returns
- ROE
- 6.13%
- ROCE
- 7.64%
- RoNW
- 5.95%
- PAT Margin
- 2.83
Fundamentals
- Debt / Equity
- 0.17
- Price / Book
- 5.00
Koura Fine Diamond Jewelry Limited Financials( In Lakhs)
| 30-Sep-23 | 31-Mar-23 | |
|---|---|---|
| Assets | 352.53 | 327.34 |
| Revenue | 601.84 | 556.35 |
| Profit After Tax | 17.01 | 13.41 |
| Net Worth | 286.06 | 269.06 |
| Reserves & Surplus | 25.91 | 221.76 |
| Total Borrowing | 48.84 | 51.80 |
Koura Fine Diamond Jewelry Limited Company & Offer Insights
About Koura Fine Diamond Jewelry Limited
Koura Fine Diamond Jewelry Limited was incorporated in March 2022. It is the wholesaler of gold and diamond jewelry. The company provides 22 Karat Gold and 18 Karat Diamond jewellery.
The company only trades in Hallmark certified jewelry. For gold jewelry, the company gets BIS certification with 91.6% for 22 Karat, and from the International Gemological Institute, India, and (BIS) with 75% certifications for 18 Karat diamond jewelry.
The company has been successfully working in Gujarat and Odisha, both the western and the eastern regions.
As of December 31st, 2023, the organization has a strength of 08 employees in multiple departments.
Koura Fine Diamond Jewelry Limited Promoter(s)
Kamlesh Keshavlal Lodhiya are the company's promoters of Koura Fine Diamond Jewelry Limited.
Koura Fine Diamond Jewelry Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the company
- •
- General Corporate Purposes
Koura Fine Diamond Jewelry Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Koura Fine Diamond Jewelry Limited | 55.89 | 55.89 | 56.88 | N/A | 6.74 | 9.67 | Consolidated |
| Ashapuri Gold Ornament Ltd | 0.71 | 0.71 | 33.2 | 107.63 | 2.16 | 2.17 | Consolidated |
| Vaibhav Global Ltd | 6.05 | 6.05 | 72.74 | 49.85 | 8.32 | 3.75 | Consolidated |
| Tribhovandas Bhimji Zaveri Ltd. | 5.95 | 5.95 | 84.07 | 13.24 | 7.07 | 0.73 | Consolidated |
Notes:
- P/E Ratio cannot be computed for Koura Fine Diamond Jewelry Limited as relevant data is unavailable.
- Return on Net Worth (RoNW) is computed as profit after tax divided by the closing net worth.
- NAV per share is computed as the closing net worth divided by the outstanding number of equity shares as of March 31, 2023.
- Market capitalization to revenue from operations is not available as per the provided data.
Contact Information
Contact Details
Koura Fine Diamond Jewelry Limited
+91 7016302567
https://kouradiamondjewelry.com/
304, Iscon Emporio, B/S Star India Bazar Nr. Jodhpur, Cross Road, Satellite Ahmedabad, 380015
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Koura Fine Diamond Jewelry Limited IPO is a Fixed Priced IPO worth ₹5.5 crore. The issue price is ₹55 per share (fixed price). The IPO opens on Mar 6, 2024 and closes on Mar 11, 2024. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Koura Fine Diamond Jewelry Limited IPO is ₹55 per share (fixed price).
The lot size of Koura Fine Diamond Jewelry Limited IPO is 2000 shares.
The minimum investment for Koura Fine Diamond Jewelry Limited IPO is approximately ₹1,10,000 based on the issue price .
Koura Fine Diamond Jewelry Limited IPO opens on Mar 6, 2024 and closes on Mar 11, 2024.
The allotment date of Koura Fine Diamond Jewelry Limited IPO is Mar 12, 2024.
Koura Fine Diamond Jewelry Limited IPO is expected to be listed on Mar 14, 2024, on BSE SME Platform.
Koura Fine Diamond Jewelry Limited IPO valuation snapshot: P/E 58.23, EPS ₹0.94/-, P/B 5.00, RoNW 5.95%, and market cap N/A.
To apply for Koura Fine Diamond Jewelry Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Koura Fine Diamond Jewelry Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Koura Fine Diamond Jewelry Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Koura Fine Diamond Jewelry Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Koura Fine Diamond Jewelry Limited IPO allotment status on IPO Ji for quick and easy access.