Kabra Jewels IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 15 Jan 2025
Close Date
Fri, 17 Jan 2025
Price Band
₹ 121 – 128
Lot Size
1000
Issue Size
₹ 40.00 Cr
Minimum Investment
₹ 256,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Kabra Jewels IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹40.00 Crore, comprising a fresh issue of 31.25 Lakh equity shares aggregating to ₹40.00 Crore.
The Kabra Jewels IPO remained open for subscription from January 15, 2025, to January 17, 2025. The basis of allotment was finalized on January 20, 2025, and the company's shares were listed on NSE SME Platform on January 22, 2025.
The company had fixed the price band at ₹121 to ₹128 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹256,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Kabra Jewels Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Kabra Jewels IPO Timeline (Tentative)
- IPO Open Date
- Wed, 15 Jan 25
- IPO Close Date
- Fri, 17 Jan 25
- Basis of Allotment
- Mon, 20 Jan 25
- Initiation of Refunds
- Tue, 21 Jan 25
- Credit of Shares to Demat
- Tue, 21 Jan 25
- Listing Date
- Wed, 22 Jan 25 — NSE & BSE
Open Date
15 January 2025
Close Date
17 January 2025
Basis Of Allotment
20 January 2025
Listing Date
22 January 2025
IPO Subscription
Check Live Subscription →The Kabra Jewels IPO has received bids for 70,73,55,000 shares against 19,86,000 shares offered, resulting in an overall subscription of 356.17x. the NII category is subscribed 557.58x, Retail Investors 384.9x, and QIBs 154.53x.
QIB
154.53x
NII
557.58x
RII
384.9x
Total
356.17x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,93,000 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,67,000 shares (0%), while Non-Institutional Investors (NIIs) receive 4,26,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 849,000 | 0% |
| Market Maker | 290,000 | 0% |
| Qualified Institutions | 567,000 | 0% |
| Non-Institutional | 426,000 | 0% |
| Retail Investors | 993,000 | 0% |
| Total | 3,125,000 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Kabra Jewels Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 30.25 |
| ROCE % | 18.23 |
| Debt / Equity | 2.9 |
| RoNW % | 30.25 |
| Pat Margin % | 5.73 |
Peers Comparison
No Peer Comparision Available
About Kabra Jewels Limited
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.
Kabra Jewels IPO Promoters
- Kailash Kabra
- Jyothi Kailash Kabra
Promoters Holding
Holding Pre Issue
89.12%
Holding Post Issue
62.55%
Kabra Jewels IPO Objective
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
Kabra Jewels Limited Address / Contact Details
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
Kabra Jewels IPO Lot Size
The Kabra Jewels IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,28,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,28,000.
| 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 |
Issue Reservation
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Kabra Jewels IPO?
Kabra Jewels IPO is a Book-building IPO with a total issue size of ₹40 crore. The Kabra Jewels IPO price band is ₹121 to 128 per share. The Kabra Jewels IPO subscription opens on Wed, Jan 15, 2025, and closes on Fri, Jan 17, 2025. The Kabra Jewels IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Kabra Jewels IPO.
When will the Kabra Jewels IPO open for subscription?
The Kabra Jewels IPO opens on Wed, Jan 15, 2025 and closes on Fri, Jan 17, 2025
What is Kabra Jewels IPO Price Band?
Kabra Jewels IPO Price Band is ₹121 to 128 per share.
What is Kabra Jewels IPO Lot Size?
Kabra Jewels IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹256000 based on the upper price band
What is the minimum investment for Kabra Jewels IPO?
The minimum investment for Kabra Jewels IPO is ₹256000, based on one lot of 1000 shares at the upper price band of ₹128 per share.
How to apply for Kabra Jewels IPO?
Investors can apply for the Kabra Jewels IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 17, 2025. The application amount remains blocked until the Kabra Jewels IPO allotment is finalized.
What is Kabra Jewels IPO Issue Size?
Kabra Jewels IPO issue size is ₹40 crores.
What is the Kabra Jewels IPO Allotment Date?
Kabra Jewels IPO allotment date is Mon, Jan 20, 2025.
Who is the Kabra Jewels IPO Registrar?
The registrar for Kabra Jewels IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Kabra Jewels IPO allotment status, refund processing, and other IPO-related information.
What is the Kabra Jewels IPO GMP?
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 96.09% over the issue price.
Who is the Kabra Jewels IPO Lead Manager?
The book-running lead managers (BRLMs) for the Kabra Jewels IPO are MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Kabra Jewels IPO Red Herring Prospectus (RHP).