Kabra Jewels
CLOSEDIPO Date: 15 Jan - 17 Jan 2025
Listing Date: 22 Jan 2025
Price Range
₹121 – ₹128
Issue Size
40 Cr
Min Investment
₹1,21,000
Lot Size
1000 Shares
Schedule of Kabra Jewels
Issue open date
15 Jan 2025
Issue close date
17 Jan 2025
UPI mandate deadline
17 Jan 2025 (5 PM)
Allotment finalization
20 Jan 2025
Share credit
21 Jan 2025
Listing date
22 Jan 2025
Mandate end date
1 Feb 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 40 Cr |
| Fresh Issue | 40 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 20 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 22 Jan 2025 | ₹128 | ₹123 | ₹251 (96%) |
| 21 Jan 2025 | ₹128 | ₹120 | ₹248 (94%) |
| 20 Jan 2025 | ₹128 | ₹119 | ₹247 (93%) |
| 18 Jan 2025 | ₹128 | ₹124 | ₹252 (97%) |
| 17 Jan 2025 | ₹128 | ₹124 | ₹252 (97%) |
| 16 Jan 2025 | ₹128 | ₹105 | ₹233 (82%) |
| 15 Jan 2025 | ₹128 | ₹90 | ₹218 (70%) |
| 14 Jan 2025 | ₹128 | ₹74 | ₹202 (58%) |
| 13 Jan 2025 | ₹128 | ₹50 | ₹178 (39%) |
Performance Kabra Jewels
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹121 – ₹128 | ₹ 250 (99.49%) | ₹ 132.95 | 3.87% |
About Kabra Jewels
Kabra Jewels Limited, established in 2010 as “KK Jewels” by first-generation jeweler Mr. Kailash Kabra, specializes in designing and retailing exquisite gold, diamond, and silver jewelry. Initially incorporated as a private limited company, the firm transitioned to a public limited company in 2024. Operating six showrooms under the “KK Jewels” brand in Ahmedabad, Gujarat, the company offers an extensive range of ornaments, including wedding collections, coins, utensils, and artifacts. With a strong focus on design innovation, quality craftsmanship, and customer preferences, Kabra Jewels has become a trusted name in the Indian jewelry retail sector.
| Founded in | 2010 |
| Managing director | Mr. Kailash Kabra |
| Parent organization | Kabra Jewels Ltd |
Financial Overview
Strengths
- Established brand presence in the jewellery retail sector with a strong customer base.
- Expertise in designing innovative, customer-centric jewellery collections.
- Operates multiple showrooms under distinct sub-brands to cater to diverse customer preferences.
Risks
- High dependency on market trends and consumer preferences in the jewellery sector.
- Significant financial obligations due to borrowings impact financial stability.
- Exposure to fluctuations in gold and diamond prices, affecting profitability.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 154 |
| Non-Institutional Investors (NIIs) | 556.9 |
| Retail Individual Investors (RIIs) | 384 |
| Employee | N/A |
| Total | 356.02 |