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Open
15 Jan 2025
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Close
17 Jan 2025
3
Allotment
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Listing
Wed, Jan 22, 2025
Price Band
₹121 to ₹128
Issue Size
31,25,000 shares (agg. up to ₹40 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Jan 22, 2025
Latest GMP
₹123
Est. Gain
96.09%
✦ AI Insight
GMP Trend
22-01-2025₹123Est. ₹251+96.09%
21-01-2025₹121Est. ₹249+94.53%
20-01-2025₹120Est. ₹248+93.75%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 251.82x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 169.43 | 140.56 | 113.07 | 74.01 |
| Total Income | 125.48 | 164.24 | 122.34 | 112.13 |
| Profit After Tax | 8.81 | 9.40 | 4.41 | 5.40 |
| NET Worth | 39.87 | 31.06 | 21.66 | 17.26 |
| Reserves and Surplus | 32.51 | 30.60 | 21.20 | 16.80 |
| Total Borrowing | 103.07 | 89.97 | 69.83 | 47.30 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Utssav CZ Gold Jewels Ltd. | SME | ₹69.50 Cr | ₹110 | 26.92 | ₹115.55 | +5.05% | ₹551.15 (+4.83%) |
| Varyaa Creations Ltd. | SME | ₹20.10 Cr | ₹150 | 65.56 | ₹270.75 | +80.50% | ₹29.00 (-2.62%) |
| Koura Fine Diamond Jewelry Ltd. | SME | ₹5.50 Cr | ₹55 | 106.7 | ₹78.63 | +42.96% | ₹34.90 (+7.06%) |
| P N Gadgil Jewellers Ltd. | Mainboard | ₹1,100.00 Cr | ₹480 | 36.7 | ₹793.30 | +65.27% | ₹595.05 (-0.25%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of certain borrowings availed by the Company, in part or full | 10.00 |
| 2 | To meet working capital requirements | 22.00 |
| 3 | General Corporate Purposes | 3.99 |
| 4 | Issue expenses | 4.01 |
| Total | 40.00 |
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 Streng
Contact Details
Kabra Jewels Ltd. AddressShop no.6, Ground FloorIscon Center, Besides TanishqShivranjani Cross Road, SatelliteAhmedabad, Gujarat, 380015+91 93288 71207cs.kkjewels@gmail.comVisit Website