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Open
6 Mar 2024
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Close
11 Mar 2024
3
Allotment
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Listing
Thu, Mar 14, 2024
Price Band
₹55 per share
Issue Size
10,00,000 shares (agg. up to ₹6 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Mar 14, 2024
Latest GMP
₹60
Est. Gain
109.09%
✦ AI Insight
GMP Trend
14-03-2024₹60Est. ₹115+109.09%
13-03-2024₹60Est. ₹115+109.09%
12-03-2024₹60Est. ₹115+109.09%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 727.23x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 3.53 | 3.27 |
| Total Income | 6.02 | 5.56 |
| Profit After Tax | 0.17 | 0.13 |
| NET Worth | 2.86 | 2.69 |
| Reserves and Surplus | 0.26 | 2.22 |
| Total Borrowing | 0.49 | 0.52 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shoora Designs Ltd. | SME | ₹2.03 Cr | ₹48 | 35.82 | ₹95.76 | +99.50% | ₹87.02 (-1.99%) |
| Khazanchi Jewellers Ltd. | SME | ₹96.74 Cr | ₹140 | 45.75 | ₹149.40 | +6.71% | ₹631.45 (+0.17%) |
| Dev Labtech Venture Ltd. | SME | ₹11.22 Cr | ₹51 | 32.9 | ₹50.21 | -1.55% | ₹19.51 (-0.46%) |
| RBZ Jewellers Ltd. | Mainboard | ₹100.00 Cr | ₹100 | 13.77 | ₹105.00 | +5.00% | ₹150.74 (+0.94%) |
| Motisons Jewellers Ltd. | Mainboard | ₹151.09 Cr | ₹55 | 17.59 | ₹103.55 | +88.27% | ₹13.99 (-0.50%) |
| Manoj Vaibhav Gems 'N' Jewellers Ltd. | Mainboard | ₹270.20 Cr | ₹215 | 11.74 | ₹215.50 | +0.23% | ₹155.65 (-3.14%) |
| Senco Gold Ltd. | Mainboard | ₹405.00 Cr | ₹317 | 15.53 | ₹405.30 | +27.85% | ₹364.55 (-0.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 4.50 |
| 2 | General Corporate Purposes | 0.50 |
About Koura Fine Diamond Jewelry IPO
Incorporated in March 2022, Koura Fine Diamond Jewelry Limited wholesales gold and diamond jewelry. The company offers 22 Karat Gold and 18 Karat Diamond jewellery. The company deals exclusively in jewelry that is certified by the Hallmark. For gold jewelry, the company obtains certification from the Bureau of Indian Standards (BIS) with 91.6% certifications for 22 Karat and from the International Gemmological Institute, India, and (BIS) with 75% certifications for 18 Karat diamond jewelry. The company has been successfully operating in Gujarat and Odisha, both in the western and eastern regions. As of December,31st, 2023, the company has a total strength of 08 employees in various departments.+ Read More
Contact Details
Koura Fine Diamond Jewelry Ltd. Address304, Iscon EmporioB/S Star India Bazar Nr.JodhpurCross Road, SatelliteAhmedabad, Gujarat, 380015+91 7016302567Info@kouradiamondjewelry.comVisit Website