Koura Fine Diamond Jewelry Limited IPO
BSE SMEListed On: Mar 14, 2024 at ₹ 75.0
₹ 110000 /2000 Shares
Check Allotment06 Mar, 2024
Open Date11 Mar, 2024
Close Date12 Mar, 2024
Allotment Date14 Mar, 2024
Listing DateIssue Price
₹55 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedList Price
75.0Listing Date
2024-03-14Market Lot
2000 Shares (₹110,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
1,000,000 shares(aggregating up to ₹5.50 Cr)Retail Portion
50%Subscription
733.08 timesKoura Fine Diamond Jewelry Limited IPO Details
Koura Fine Diamond Jewelry Limited IPO is an SME IPO, priced at ₹55 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 10,00,000 equity shares, aggregating up to ₹5.5 crores..
The IPO bidding window is open from Mar 6, 2024 to Mar 11, 2024. The allotment is expected to be finalized on Mar 12, 2024, and the tentative listing date is Mar 14, 2024.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,10,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,20,000.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Koura Fine Diamond Jewelry Limited IPO Subscription Details
| 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
EPS Pre IPO
₹0.52/-EPS Post IPO
₹0.94/-P/E Pre IPO
106.7P/E Post IPO
58.23ROE
6.13%ROCE
7.64%Debt/Equity
0.17RoNW
5.95%PAT Margin
2.83Price to Book Value
5.00Koura Fine Diamond Jewelry Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 72.23%
- Kamlesh Keshavlal Lodhiya
Koura Fine Diamond Jewelry Limited IPO - Issue Objectives
- Funding the working capital requirements of the company
- General Corporate Purposes
Other Details
Koura Fine Diamond Jewelry Limited
304, Iscon Emporio, B/S Star India Bazar Nr. Jodhpur, Cross Road, Satellite Ahmedabad, 380015Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: kfdjl.ipo@kfintech.com
Koura Fine Diamond Jewelry Limited IPO - FAQs
Ans. Koura Fine Diamond Jewelry Limited IPO is a SME IPO. The issue is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 6, 2024, and closes on Mar 11, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Koura Fine Diamond Jewelry Limited IPO opens on Mar 6, 2024 and closes on Mar 11, 2024.
Ans. The size of Koura Fine Diamond Jewelry Limited IPO is 1,000,000 shares(aggregating up to ₹5.50 Cr).
Ans. The IPO price band is set between ₹55 per equity share.
Ans. To apply for Koura Fine Diamond Jewelry Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Koura Fine Diamond Jewelry 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 Koura Fine Diamond Jewelry Limited IPO is Mar 12, 2024.
Ans. The Koura Fine Diamond Jewelry Limited IPO will be listed on Mar 14, 2024.
Ans. Follow the steps to check the allotment status for Koura Fine Diamond Jewelry Limited IPO here.
