Koura Fine Diamond Jewelry
Koura Fine Diamond Jewelry Info
Details about the Koura Fine Diamond Jewelry IPO. Opening Date of Koura Fine Diamond Jewelry is 06 Mar 24 and Closing Date is 11 Mar 24 . Face Value of Each share of Koura Fine Diamond Jewelry is ₹10 per share. Fixed price of Koura Fine Diamond Jewelry is ₹55. The Lot size of Koura Fine Diamond Jewelry is 2,000 shares. Total issue size of Koura Fine Diamond Jewelry IPO is ₹5.5 cr. Fresh Issue of Koura Fine Diamond Jewelry IPO is 5.5 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Koura Fine Diamond Jewelry is 2,601,500. Share Holding Post Issue of Koura Fine Diamond Jewelry is 3,601,500.
Business Summary
Koura Fine Diamond Jewelry is engaged into the wholesale business of gold and diamonds jewelleries
Company sale wide range of jewellery products, including gold jewellery and diamond jewellery. Company's business model is B2B. They deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery.
Company source finished jewellery from third-party artisans located across India. Additionally, company also supply raw material i.e. gold bullion / bars to artisans for making of the jewellery on a job-work basis in Ahmedabad, Mumbai, Rajkot, and Surat.
Koura Fine Diamond Jewelry IPO Details
| Open Date | 06 Mar 24 |
|---|---|
| Close Date | 11 Mar 24 |
| Face Value | ₹10 per shares |
| Price | ₹55 |
| Lot Size | 2,000 Shares |
| Total issue Size | 1,000,000 Shares ₹5.5 cr |
| Fresh Issue | 1,000,000 Shares ₹5.5 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 2,601,500 |
| Share Holding Post Issue | 3,601,500 |
| Market Maker | Giriraj Stock Broking |
| Market Maker Portion | 70,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Koura Fine Diamond Jewelry IPO Timeline
The Koura Fine Diamond Jewelry Initial Public Offering (IPO) is set to open on 06 Mar 24 and will end its subscription phase on 11 Mar 24. You can check your allotment status for Koura Fine Diamond Jewelry on 12 Mar 24. The refund process for your funds will start promptly on 13 Mar 24. Koura Fine Diamond Jewelry IPO credit of shares will be on 13 Mar 24. The listing date for Koura Fine Diamond Jewelry is on 14 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Koura Fine Diamond Jewelry IPO Reservation
The Koura Fine Diamond Jewelry IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
70,000 Shares will be reserved for subscription by Giriraj Stock Broking
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Koura Fine Diamond Jewelry IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 110,000 |
| Retail (Max) | 1 | 2,000 | 110,000 |
| HNI (Min) | 2 | 4,000 | 220,000 |
Koura Fine Diamond Jewelry IPO Promoters Holding
Promoters holding details for Koura Fine Diamond Jewelry in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 72.23%.
Promoters of Koura Fine Diamond Jewelry are Kamlesh Keshavlal Lodhiya,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 72.23% |
Koura Fine Diamond Jewelry Financial Information
Financial performance details for Koura Fine Diamond Jewelry over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 |
|---|---|---|
| Assets | 352.53 | 327.34 |
| Revenue | 601.84 | 556.35 |
| Profit After Tax | 17.01 | 13.41 |
Koura Fine Diamond Jewelry IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Koura Fine Diamond Jewelry are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 106.7 |
| ROCE | 7.64% |
| ROE | 6.13% |
| RoNW | 5.95% |
| EPS (Rs) | 0.52 |
Object of the Issue
- • Funding working capital requirements of the company
- • General Corporate Purposes
Contact Details for Koura Fine Diamond Jewelry
Phone
Office
304, Iscon Emporio, B/S Star India Bazar Nr. Jodhpur Cross Road, Satellite Ahmedabad, 380015
Registrar Details for Koura Fine Diamond Jewelry
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • GYR Capital Advisors Private Limited