The Kabra Jewels IPO is set to open on January 15, 2025, and close on January 17, 2025. This Book Built Issue aims to raise approximately ₹40 crores, comprising a fresh issue of ₹40 crores and an offer for sale of equity shares with a face value of ₹10 each.
The Kabra Jewels IPO price band is set between ₹121 and ₹128 per share. The retail quota for this IPO is 35%, QIB (Qualified Institutional Buyers) is 50%, and HNI (High Net Worth Individuals) will have a 15% allocation. The listing date for the Kabra Jewels IPO on the NSE is January 22, 2025, and the allotment date is January 20, 2025.
In terms of financial performance, Kabra Jewels has reported a revenue of ₹164.24 crores for the year 2024, showing a significant increase from ₹122.34 crores in 2023. Additionally, the company reported a profit of ₹9.40 crores in 2024, compared to a profit of ₹4.41 crores in 2023.
Kabra Jewels IPO Date & Price Band Details
Category | Details |
---|---|
IPO Open Date: | January 15, 2025 |
IPO Close Date: | January 17, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹121 to ₹128 Per Share |
Issue Size: | Approx ₹40 Crores |
Fresh Issue: | Approx ₹40 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
About Kabra Jewels Company Overview
Kabra Jewels Limited is an Indian retail jewelry company that offers a wide range of gold, diamond, and silver ornaments. They operate through six showrooms in Ahmedabad under various brand names, including KK Jewels Bridal, KK Jewels Diamond, and KK Jewels Silver.
Strengths:
- Strong Brand Presence: Established presence in the Ahmedabad market with a focus on customized jewelry and vendor collaborations.
- Focus on Customization: Catering to diverse customer preferences by offering customized jewelry options.
- Vendor Collaborations: Partnerships with artisans and vendors for unique designs and competitive pricing.
- Multiple Brands: Offers a diverse product range under different brands to cater to various customer segments.
Risks:
- Competition: Intense competition from established players like Tanishq, Kalyan Jewellers, and local jewelers.
- Price Fluctuations: Gold and diamond prices are subject to significant fluctuations, impacting profitability.
- Economic Downturn: Economic slowdowns can adversely affect consumer spending on luxury goods like jewelry.
- Changing Consumer Preferences: Adapting to evolving consumer trends and preferences is crucial for long-term success.
- Operational Risks: Risks associated with inventory management, security, and supply chain disruptions.
Kabra Jewels IPO Market Lot
The Kabra Jewels IPO offers a minimum market lot of 1,000 shares, with an application amount of ₹1,28,000.
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 1000 | ₹1,28,000 |
Retail Maximum | 1 | 1000 | ₹1,28,000 |
HNI Minimum | 2 | 2,000 | ₹2,56,000 |
Kabra Jewels IPO Allotment & Listing Dates
The Kabra Jewels IPO is set to open on January 15, 2025, and will close on January 17, 2025. Investors eagerly awaiting their allotment status will find that the Kabra Jewels IPO allotment will be finalized on January 20, 2025. The much-anticipated Kabra Jewels IPO listing will take place on January 22, 2025.
Type | Date |
---|---|
IPO Open Date: | January 15, 2025 |
IPO Close Date: | January 17, 2025 |
Basis of Allotment: | January 20, 2025 |
Refunds: | January 21, 2025 |
Credit to Demat Account: | January 21, 2025 |
IPO Listing Date: | January 22, 2025 |
Promoters of Kabra Jewels IPO
The company is promoted by Kailash Kabra and Jyothi Kailash Kabra.
Kabra Jewels IPO Company Financial Report
The company achieved a revenue of ₹164.24 crores in 2024, marking a significant growth compared to ₹122.34 crores in 2023. Additionally, the company reported a profit of ₹9.40 crores in 2024, nearly doubling its profit from ₹4.41 crores in the previous year. This strong financial performance highlights the company’s continued growth and success.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
---|---|---|---|---|
2022 | ₹112.13 | ₹104.75 | ₹5.40 | ₹74.01 |
2023 | ₹122.34 | ₹116.29 | ₹4.41 | ₹113.07 |
2024 | ₹164.24 | ₹151.67 | ₹9.40 | ₹140.56 |
November 2024 | ₹125.48 | ₹113.38 | ₹8.81 | ₹169.41 |
Kabra Jewels IPO Valuation – FY2024
KPI | Values |
---|---|
ROE: | 30.25% |
ROCE: | 18.23% |
EBITDA Margin: | 13.31% |
PAT Margin: | 5.73% |
Debt to equity ratio: | 2.90 |
Earning Per Share (EPS): | ₹67.93 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 30.25% |
Net Asset Value (NAV): | ₹42.20 |
Peer Group
- Motisons Jewellers Limited
- DP Abhushan Limited
- RBZ Jewellers Limited
Objects of the Issue
- Repayment of Specific Borrowings: Full or Partial Settlement of Company Debt
- Funding Working Capital Requirements: Ensuring Liquidity and Operational Efficiency
- General Corporate Purpose: Strategic Business Initiatives and Financial Flexibility
Kabra Jewels IPO Review
- Adroit Financial Services: –
- Canara Bank Securities: –
Kabra Jewels IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Kabra Jewels IPO Lead Managers aka Merchant Bankers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Company Address
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/
FAQs on Kabra Jewels IPO
The Kabra Jewels IPO is the Initial Public Offering (IPO) of Kabra Jewels Limited, an Indian retail jewelry company. Through this IPO, the company aims to raise ₹40 crores by offering shares to the public.
The IPO subscription period is from January 15, 2025, to January 17, 2025.
The price range for the IPO is set between ₹121 and ₹128 per equity share.
The minimum lot size is 1000 shares, requiring a minimum investment of ₹1,28,000.
The IPO is allocated as follows:
Qualified Institutional Buyers (QIBs): 50%
Non-Institutional Investors (NIIs): 15%
Retail Investors: 35%
The allotment date for the Kabra Jewels IPO is January 20, 2025.
The Kabra Jewels IPO is set to list on the NSE on January 22, 2025.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
Note: This information is based on the IPO schedule and details available as of January 9, 2025. Please refer to the official IPO documents for the most up-to-date information.