KABRA JEWELS Limited IPO Details
SME
KABRA JEWELS IPO opens for subscription on 15 Jan 2025 and closes on 17 Jan 2025. The IPO will be listed on NSE with the tentative listing date set for 22 Jan 2025.
KABRA JEWELS IPO price band has been fixed at ₹121 – ₹128 per share.The face value is ₹10 per share with a lot size of 1000.
KABRA JEWELS IPO total issue size comprises 31,25,000 shares (aggregating up to ₹40.00 Cr). This includes a fresh issue of 31,25,000 shares (aggregating up to ₹40.00 Cr). Pre-issue shareholding stands at 73,60,000, which will increase to 1,04,85,000 post-issue.
KABRA JEWELS IPO carries a ₹123 (96.1%) GMP, reflecting investor sentiment.
KABRA JEWELS IPO Lot Size : Retain Minimum is 1 lot (1,000 shares) amounting to ₹128,000. Retain Maximum is 1 lot (1,000 shares) amounting to ₹128,000. SHNI Minimum is 2 lots (2,000 shares) amounting to ₹256,000.
The Lead Managers for KABRA JEWELS IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the KABRA JEWELS Limited RHP.
KABRA JEWELS IPO Details
KABRA JEWELS IPO Subscription
KABRA JEWELS IPO Application Wise Breakup
KABRA JEWELS IPO Dates
- 15 Jan 2025Opening dateOPD
- 17 Jan 2025Closing dateCOD
- 20 Jan 2025Allotment Date BOA
- 21 Jan 2025Initiation of RefundsIOR
- 21 Jan 2025Credit of SharesCOS
- 22 Jan 2025Listing dateLID
KABRA JEWELS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1000 | ₹128,000 |
| Retain Maximum | 1 | 1000 | ₹128,000 |
| SHNI Minimum | 2 | 2000 | ₹256,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
KABRA JEWELS IPO Reservation
Promoter Holding
KABRA JEWELS IPO Valuations
KABRA JEWELS Financial Information
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 16,942.59 | 14,056.17 | 11,307.33 | 7,401.16 | ||||||||||||||||||||||||||||||||||||
| Revenue | 12,548.47 | 16,424.32 | 12,234.02 | 11,212.54 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 880.89 | 939.64 | 440.58 | 540.46 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3,986.78 | 3,105.88 | 2,166.24 | 1,725.66 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 3,250.78 | 3,059.88 | 2,120.24 | 1,679.66 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 10,307.08 | 8,996.84 | 6,982.62 | 4,730.26 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About KABRA JEWELS IPO
Incorporated in 2010, Kabra Jewels Limited is engaged in the retail jewelry business, offers a diverse collection of gold, diamond, and silver ornaments.
The company designs, manufactures, and sells a wide range of gold, studded, and other jewelry products across various price, ranging from jewelry for special occasions, such as weddings, which is their highest-selling product category, to daily-wear jewelry.
The company operates 6 showrooms in Ahmedabad under the brands KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio, along with 3 offices and 1 exhibition center.
Business Model:
- Model 1: Where the company procures goods directly from vendors (General Designs) like Chains, Rings, Pendants, Earrings.
- Model 2: Where the company customizes jewelry based on their in-house specialized designs or customer orders. They select vendors or karigars based on their expertise for the jewelry to be manufactured like Necklace, Mang tikka, earrings, Bracelet.
Products: Rings, Earrings, Pendants, Nose, Bracelets, Chains, Necklaces and Bangles.
As on November 30, 2024, the company has employed 121 employees.
Competitve Strength:
- Established brand
- Quality of the products
- Experienced promoters with established track record of operations
- Well established relationship with the artisans
- Design and Innovation in the product range
- Experienced management team and a motivated & efficient work force.
Strength Of KABRA JEWELS IPO
1. Quality and Designing of our products.
2. Established brand.
3. We offer a diversified range of products.
4. Experienced promoters with established track record of operations.
5. Well established relationship with our artisans.
Risk Of KABRA JEWELS IPO
1. The Company, Promoters and Directors are involved in certain legal proceedings. Any adverse outcome on such proceeding may affect its business, financial condition and reputation.
2. The Company requires significant amount of working capital for continued growth. Its inability to meet the company working capital requirements, on commercially acceptable terms, may have an adverse impact on its business, financial condition and results of operations.
3. If the company is unable to effectively manage its retail network and operations or pursue the company growth strategy, its may not achieve the company expected levels of profitability which may adversely affect its business prospects, financial condition and results of operations.
4. Business Risk Due to Geographic Concentration.
5. The company does not own the registered office and showrooms from which its carry out the company business activities. Any dispute in relation to use of these premises would have a material adverse effect on its business and results of operations.
6. The company has not entered into any agreements with its vendors and job workers (Karigars). Thus, any dispute or delay in getting the work done from the vendor and jobworkers could have a material adverse effect on its business, results of operations and financial condition.
7. Orders placed by customers may be delayed, modified, cancelled or not fully paid for, which may have an adverse effect on its business, financial condition and thereby on the company results of operations.
8. Its gold and jewellery business faces risks from market volatility and changing consumer preferences. Fluctuations in commodity prices like gold could impact its costs and profitability. Evolving consumer tastes influence product demand, necessitating continuous adaptation to remain competitive.
9. The company income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.
10. The company undertake sales on credit terms to a limited number of customers and defaults in payment of the dues by such customers could have an adverse effect on its business, results of operations and financial condition.
Objectives KABRA JEWELS IPO
- Repayment of certain borrowings availed by the Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose
Company Contact Details
Kabra Jewels Limited
Shop no.6, Ground Floor,
Iscon Center, Besides Tanishq,
Shivranjani Cross Road, Satellite Ahmedabad 380015
Phone: +91 93288 71207
Email: cs.kkjewels@gmail.com
Website: https://kkjewels.org/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports