Shoora Designs Limited IPO
Shoora Designs Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹48 per share. The stock debuted at ₹91.2, delivering a listing gain of 90.0%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,44,000.
Shoora Designs Limited IPO
- IPO Dates
- Aug 17, 2023 – Aug 21, 2023
- Price band
- ₹48 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- 424,000 shares(aggregating up to ₹2.03 Cr)
- Lot size
- 3000
- Allotment Date
- Aug 24, 2023
- Listing
- Aug 29, 2023
- Listing At
- BSE SME
IPO timeline
-
Aug 17, 2023
Open Date
Completed
-
Aug 21, 2023
Close Date
Completed
-
Aug 24, 2023
Allotment Date
Completed
-
Aug 29, 2023
Listing Date
Completed
Shoora Designs Limited IPO Essentials
Shoora Designs Limited IPO Details
Shoora Designs Limited IPO is priced at ₹48 per share with a total issue size of 424,000 shares(aggregating up to ₹2.03 Cr). The IPO has a lot size of 3000 shares and is listed on BSE SME.
- Issue price
- ₹48 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 424,000 shares(aggregating up to ₹2.03 Cr)
- Listing at
- BSE SME
- List price
- 91.2
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Swaraj shares and securities private limited
Shoora Designs Limited IPO Analytics
Shoora Designs Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shoora Designs Limited IPO Subscription Status
Shoora Designs 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 | 198,000 | 198,000 | 396,000 |
|
Day 1
17-08-23 06:00 PM
|
(0.58) x | 5.70 x | 3.14 x |
|
Day 2
18-08-23 06:00 PM
|
(1.92) x | 18.41 x | 10.17 x |
|
Day 3
21-08-23 06:00 PM
|
(35.44) x | 93.73 x | 64.58 x |
Shoora Designs Limited Valuations
Earnings
- EPS (Post IPO)
- ₹1.34/-
- P/E Ratio
- 35.82
Returns
- RoNW
- 7.22%
Shoora Designs Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 168.99 | 15.03 | N/A |
| Revenue | 210.61 | 16.26 | N/A |
| Profit After Tax | 11.46 | 3.91 | N/A |
Shoora Designs Limited Company & Offer Insights
About Shoora Designs Limited
Shoora Designs Limited is engaged in the business of manufacturing and trading diamonds and jewelry.
The company manufactures natural diamonds and jewelry mainly focusing on Natural Lab Grown Diamond and Jewelry.
Shoora procures natural diamonds through suppliers and outsources cleaving, laser cutting, and polishing services from local job-workers in the domestic market of Surat while planning and mapping rough diamonds remain in-house. Its major clients come from wholesalers and retailers with business concentration predominantly in Surat, Gujarat, and Mumbai, Maharashtra.
Shoora Designs' jewelry is available on both offline market and online platforms.
The company recorded Rs. 105.58 lacks revenue from operations for the nine-month period ended March 31, 2023, and Rs. 162.58 lacks for the Financial Year ended March 31, 2022.
Shoora Designs Limited Promoter(s)
Mr. Satish K Kansodariya, Mrs. Sejalben Satish Kansodariya, Mr. Rajeshbhai Labhubhai Mer are the company's promoters of Shoora Designs Limited.
Shoora Designs Limited IPO Issue Objectives
- •
- The company intends to utilize the net proceeds from the issue towards working capital requirements and general corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Shoora Designs Limited IPO is a Fixed Priced IPO worth ₹424,000 shares(aggregating up to ₹2.03 Cr). The issue price is ₹48 per share (fixed price). The IPO opens on Aug 17, 2023 and closes on Aug 21, 2023. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Shoora Designs Limited IPO is ₹48 per share (fixed price).
The lot size of Shoora Designs Limited IPO is 3000 shares.
The minimum investment for Shoora Designs Limited IPO is approximately ₹1,44,000 based on the issue price .
Shoora Designs Limited IPO opens on Aug 17, 2023 and closes on Aug 21, 2023.
The allotment date of Shoora Designs Limited IPO is Aug 24, 2023.
Shoora Designs Limited IPO is expected to be listed on Aug 29, 2023, on BSE SME Platform.
Shoora Designs Limited IPO valuation snapshot: P/E 35.82, EPS ₹1.34/-, P/B N/A, RoNW 7.22%, and market cap N/A.
To apply for Shoora Designs 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 Shoora Designs 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 Shoora Designs Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shoora Designs Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shoora Designs Limited IPO allotment status on IPO Ji for quick and easy access.