Shoora Designs IPO description – Since 2022, the company is engaged in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and is out-souring the process of cleaving, laser cutting, and polishing from local job-workers in the domestic market of Surat. The company sells the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra.
The revenue from sale of the diamonds is generated through offline market, and through online platform accessible at https://www.shooradesigns.com/shop/. The online market facilitates and provides the customers with an option to browse variety of diamonds through its catalogue. This catalogue also provides the customers with the price data for each of the products, which enables the targeted investor to make a well-informed decisions.
Promoters of Shoora Designs – Mr. Satish K Kansodariya, Mrs. Sejalben Satish Kansodariya and Mr. Rajeshbhai Labhubhai Mer
Table of Contents
Shoora Designs IPO Details
| IPO Dates | 17 – 21 August 2023 |
| IPO Price | INR 48 per share |
| Fresh issue | 4,23,000 shares (INR 2.03 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,23,000 shares (INR 2.03 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,44,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Shoora Designs Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 0.00 | 1,625.78 | 21,059.46 |
| Expenses | 50.00 | 1,114.44 | 19,508.27 |
| Net income | (50.00) | 391.39 | 1,145.63 |
Shoora Designs Offer News
- Shoora Designs India RHP
- Shoora Designs India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Shoora Designs Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.06) | 0.50 | 1.34 |
| PE ratio | – | – | 35.82 |
| RONW (%) | (100.00) | 88.67 | 7.22 |
| NAV | – | 5.00 | 14.74 |
| ROCE (%) | (100.00) | 116.30 | 9.89 |
| EBITDA (%) | – | 37.42 | 7.79 |
| Debt/Equity | NA | NA | 0.00 |
Shoora Designs IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
Shoora Designs IPO Subscription – Live Updates
| Category | NII | Retail | Total |
| Shares Offered | 211,500 | 211,500 | 423,000 |
| 21 Aug 2023 | 33.18 | 87.74 | 60.46 |
| 18 Aug 2023 | 1.93 | 17.23 | 9.58 |
| 17 Aug 2023 | 0.67 | 5.33 | 3.00 |
Shoora Designs IPO Allotment Status
Shoora Designs IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Shoora Designs IPO Dates & Listing Performance
| IPO Opening Date | 17 August 2023 |
| IPO Closing Date | 21 August 2023 |
| Finalization of Basis of Allotment | 24 August 2023 |
| Initiation of refunds | 25 August 2023 |
| Transfer of shares to demat accounts | 28 August 2023 |
| IPO Listing Date | 29 August 2023 |
| Opening Price on BSE SME | INR 91.20 per share (up 90%) |
| Closing Price on BSE SME | INR 95.76 per share (up 99.5%) |
Shoora Designs Offer Lead Manager
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email: [email protected]
Website: www.swarajshares.com
Shoora Designs Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium, Tower-B, Plot 31& 32,
Gachibowli Financial District Nanakramguda,
Hyderabad – 500032, Telangana, India
Phone: +91-40-6716-2222
Email: [email protected].
Website: www.kfintech.com
Shoora Designs India Contact Details
SHOORA DESIGNS LIMITED
Diamond Apartments Co-op Housing Society,
LT H No.7/3388/A, 6th floor, C/1, 601,
Haththupura char rasta,
Surat – 395003, Gujarat, India
Phone: +91 9004746705
Email:Â [email protected]
Website:Â www.shooradesigns.com
Shoora Designs IPO FAQs
What is Shoora Designs India IPO offer size?
Shoora Designs offer size is INR 2.03 crores.
What is the Shoora Designs offer price band?
Shoora Designs public offer price is INR 48 per share.
What is the lot size of Shoora Designs public offer?
Shoora Designs offer lot size is 3,000 shares.
What is Shoora Designs IPO GMP today?
Shoora Designs IPO GMP today is INR NA per share.
What is Shoora Designs kostak rate today?
Shoora Designs kostak rate today is INR NA per application.
What is Shoora Designs Subject to Sauda rate today?
Shoora Designs Subject to Sauda rate today is INR NA per application.
