Koura Fine Diamond Jewelry IPO description – Koura Fine Diamond Jewelry specializes in supplying jewelry to retail jewelers, primarily gold and diamond jewelry. The company deals in two types of jewelry: 22-karat gold jewelry and 18-karat diamond jewelry. It is a well-known and trusted jewelry wholesaler.
The company primarily sources finished jewelry from third-party artisans located across India. The manufacturing of the jewelry is carried out on a job-work basis in Ahmedabad, Mumbai, Rajkot, and Surat.
As of 31 March 2023, Koura Fine Diamond Jewelry has a total workforce of 9 employees across various departments.
Promoters of Koura Fine Diamond Jewelry – Kamlesh Keshavlal Lodhiya
Table of Contents
Koura Fine Diamond Jewelry IPO Details
| Koura Fine Diamond Jewelry IPO Dates | 6 – 11 March 2024 |
| Koura Fine Diamond Jewelry Issue Price | INR 55 per share |
| Fresh issue | 1,000,000 shares (INR 5.50 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,000,000 shares (INR 5.50 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 110,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Koura Fine Diamond Jewelry Financial Performance
| Â | FY 2023 | H1 FY 2024 |
| Revenue | 555.84 | 601.81 |
| Expenses | 538.22 | 578.86 |
| Net income | 13.41 | 17.01 |
Koura Fine Diamond Jewelry Issue News
- Koura Fine Diamond Jewelry RHP
- Koura Fine Diamond Jewelry Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Koura Fine Diamond Jewelry Valuations & Margins
| FY 2023 | |
| EPS | 10.15 |
| PE ratio | 5.42 |
| RONW (%) | 6.74 |
| NAV | 10.34 |
| ROCE (%) | 6.63 |
| EBITDA (%) | 4.88 |
| Debt/Equity | 0.19 |
Koura Fine Diamond Jewelry IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 13 March 2024 | 60 | – | 90,000 |
| 12 March 2024 | 60 | – | 90,000 |
| 11 March 2024 | 70 | – | 102,500 |
| 9 March 2024 | 67 | – | 95,500 |
| 8 March 2024 | 58 | – | 84,000 |
| 7 March 2024 | 55 | – | 78,000 |
| 6 March 2024 | 55 | – | 72,000 |
| 5 March 2024 | 50 | – | 65,000 |
| 4 March 2024 | 10 | – | 13,000 |
Koura Fine Diamond Jewelry IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 464,000 | 466,000 | 930,000 |
| 11 Mar 2024 | 380.68 | 1083.98 | 733.08 |
| 7 Mar 2024 | 38.90 | 195.70 | 117.47 |
| 6 Mar 2024 | 7.14 | 47.57 | 27.40 |
The market maker reservation portion of 70,000 shares is not included in the above calculations.
Koura Fine Diamond Jewelry IPO Allotment Status
Koura Fine Diamond Jewelry IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Koura Fine Diamond Jewelry IPO Dates & Listing Performance
| IPO Opening Date | 6 March 2024 |
| IPO Closing Date | 11 March 2024 |
| Finalization of Basis of Allotment | 12 March 2024 |
| Initiation of refunds | 13 March 2024 |
| Transfer of shares to demat accounts | 13 March 2024 |
| IPO Listing Date | 14 March 2024 |
| Opening Price on BSE SME | INR 75 per share (up 36.36%) |
| Closing Price on BSE SME | INR 78.70 per share (up 43.09%) |
Koura Fine Diamond Jewelry Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Koura Fine Diamond Jewelry Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â 91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Koura Fine Diamond Jewelry Offer Contact Details
KOURA FINE DIAMOND JEWELRY LIMITED
304, Iscon Emporio, B/S Star India Bazar,
Nr. Jodhpur Cross Road, Satellite, Ahmedabad – 380015
Phone: +91 7016302567
E-mail: [email protected]
Website: www.kouradiamondjewelry.com
IPO FAQs
What is the Koura Fine Diamond Jewelry Issue size?
Koura Fine Diamond Jewelry’s offer size is INR 5.50 crores.
What is the Koura Fine Diamond Jewelry offer price band?
Koura Fine Diamond Jewelry’s public offer price is INR 58 per share.
What is the lot size of the Koura Fine Diamond Jewelry IPO?
Koura Fine Diamond Jewelry offers a lot size of 2,000 shares.
What is Koura Fine Diamond Jewelry IPO GMP today?
Koura Fine Diamond Jewelry IPO GMP today is INR 60 per share.
What is the Koura Fine Diamond Jewelry kostak rate today?
Koura Fine Diamond Jewelry kostak rate today is NA per application.
What is Koura Fine Diamond Jewelry Subject to Sauda rate today?
Koura Fine Diamond Jewelry is Subject to the Sauda rate today is INR 90,000 per application.
