Kabra Jewels IPO
Open SmeCurrent GMP
₹123 (+96.09%)
Price Band
₹ 121 – 128
Lot Size
1000
Issue Size
₹40 Cr
Minimum Investment
₹256000 (2000 Shares)
Listing Date
22 January 2025
Subscription
356.17x
About the Company
Kabra Jewels Limited, originally incorporated as Kabra & Malpani Jewels Private Limited in 2010, underwent several name and structural changes. The company became Kabra Jewels Private Limited in 2012 and was converted to a public limited company in 2024, adopting its current name, Kabra Jewels Limited. It was founded by Mr. Kailash Kabra, a first-generation jeweler, who began the business under the name KK Jewels in Ahmedabad, Gujarat, at the age of 21.
The company operates in the retail jewelry sector, offering a wide range of gold, diamond, and silver ornaments, as well as coins, utensils, and other artifacts. Kabra Jewels is known for its design expertise and markets its creations under the brand name KK Jewels. The company operates six showrooms in Ahmedabad and provides various products such as rings, earrings, pendants, bracelets, necklaces, bangles, and wedding jewelry.
Kabra Jewels sells its products through two business models: one where it procures goods directly from vendors (general designs) and the other where it customizes jewelry based on in-house designs or customer orders. The company works closely with local artisans to manufacture jewelry, ensuring that each piece meets customer preferences and trends. It also offers handcrafted jewelry created in collaboration with skilled craftsmen.
With a strong focus on design innovation, understanding consumer preferences, and quality products, Kabra Jewels continues to grow its presence in the jewelry market while maintaining a personalized shopping experience.
Promoters
- Kailash Kabra
- Jyothi Kailash Kabra
Promoters Holding
Holding Pre Issue
89.12%
Holding Post Issue
62.55%
Objects of the Issue
The Company intend to utilize the proceeds of the Issue to meet the following objects:
- Repayment of certain borrowings availed by the Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose
Address / Contact Info
Kabra Jewels Limited
6 Ground Floor, Iscon Center,
Besides Tanishq, Shivranjani Cross Road,
Satellite, Ahmedabad -380015,
Gujarat, India.
Phone: +91 93288 71207
Email: cs.kkjewels@gmail.com
Website: https://kkjewels.org/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 15 January 2025
IPO Close Date
Friday, 17 January 2025
Basis of Allotment
Monday, 20 January 2025
Initiation of Refunds
Tuesday, 21 January 2025
Credit of Shares to Demat
Tuesday, 21 January 2025
Listing Date
Wednesday, 22 January 2025 — NSE & BSE
Important Dates
Open Date
15 January 2025
Close Date
17 January 2025
Basis Of Allotment
20 January 2025
Listing Date
22 January 2025
Financial Performance (₹ in Crores)
| Particular | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 16942.59 | 14056.17 | 11307.33 | 7401.16 |
| Revenue | 12548.47 | 16424.32 | 12234.02 | 11212.54 |
| Profit After Tax | 880.89 | 939.64 | 440.58 | 540.46 |
| Net Worth | 3986.78 | 3105.88 | 2166.24 | 1725.66 |
| Reserve & Surplus | 3250.78 | 3059.88 | 2120.24 | 1679.66 |
| Total Borrowings | 10307.08 | 8996.84 | 6982.62 | 4730.26 |
EPS Pre
12.77%
EPS Post
12.60%
P/E Pre
10.03
P/E (Post Issue)
10.16x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 30.25 |
| ROCE % | 18.23 |
| Debt / Equity | 2.9 |
| RoNW % | 30.25 |
| PbW | 0 |
| Pat Margin % | 5.73 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 849000 | 0 | 0 |
| Market Maker | 290000 | 0 | 0 |
| Qualified Institutions | 567000 | 0 | 0 |
| Non-Institutional | 426000 | 0 | 0 |
| Retail Investors | 993000 | 0 | 0 |
| Total | 3125000 | 0 | 0 |
Subscription Status ( Fri, 17 Jan 25 01:01 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 567000 | 87617000 | 154.53x |
| Non-Institutional | 426000 | 237529000 | 557.58x |
| Retail Investors | 993000 | 382209000 | 384.9x |
| Total | 1986000 | 707355000 | 356.17x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 128,000.00 |
| Retail (Max) | 1 | 1,000 | 128,000.00 |
| S-HNI (Min) | 2 | 2,000 | 256,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Kabra Jewels IPO is a Book-building IPO worth ₹40 crores. The price band is ₹121 to 128 per share. The IPO opens on Wed, Jan 15, 2025 and closes on Fri, Jan 17, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Kabra Jewels IPO opens on Wed, Jan 15, 2025 and closes on Fri, Jan 17, 2025
Kabra Jewels IPO Price Band is ₹121 to 128.
Kabra Jewels IPO lot size is 1000, and the minimum amount required for application is ₹256000.
The minimum investment for Kabra Jewels IPO is approximately ₹256000 based on the upper price band.
To apply for the Kabra Jewels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jan 17, 2025. After submission, funds are blocked until the basis of allotment of Kabra Jewels IPO is finalised.
Kabra Jewels IPO issue size is ₹40 crores.
Kabra Jewels IPO allotment date is Sat, Jun 27, 2026.
The registrar for Kabra Jewels IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Kabra Jewels IPO through their official website or helpline.
The Kabra Jewels IPO GMP (Grey Market Premium) is ₹123 as of Wed, Jan 22, 2025. Based on the upper price band of ₹128 per share, the estimated Kabra Jewels IPO listing price is ₹251, indicating a potential listing gain of approximately 31% over the issue price.