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Allotment

Kabra Jewels Limited

The Kabra Jewels IPO was a book-built issue aggregating ₹40.00 crore, consisting entirely of a fresh issue of 0.31 crore equity shares.

The IPO opened for subscription on January 15, 2025, and closed on January 17, 2025. The basis of allotment was finalized on January 20, 2025, and the shares were subsequently listed on the NSE SME on January 22, 2025.

The price band for the issue was fixed at ₹128 per share, with a lot size of 1,000 shares. The minimum investment required for retail investors was ₹1,28,000 (based on the upper price). For high-net-worth individuals (HNIs), the minimum application was 2 lots (2,000 shares), amounting to ₹2,56,000.

Key Participants

Book Running Lead Manager: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

Registrar: Cameo Corporate Services Ltd.

Market Maker: Giriraj Stock Broking Pvt. Ltd.

Kabra Jewels Limited IPO & Charts
₹128

0%

Open

₹128

HIgh - Low

₹128

Previous Close

₹128

Total Traded Value

0

52 Weeks High

₹128

52 Weeks Low

₹128

Updates On

Jan 8, 2025

IPO. Open

Jan 15, 2026

IPO. Close

Jan 17, 2026

IPO. Price

₹128.00

IPO Market price

₹134.21 Cr

IPO Details

IPO Date 22 Jan
IPO Listing Date 22 Jan
IPO Face Value ₹10 per share
IPO Price Range ₹128.00
IPO Issue Size 31,25,000 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
Share Holding Pre Issue 73,60,000 shares

IPO Timeline

IPO Open Date 15 Jan
IPO Close Date 17 Jan
IPO Allotment (Tentative) 20 Jan
Refunds 21 Jan
Credit to Demat Account 21 Jan
IPO Listing Date 22 Jan

IPO Reservation

Category Offer
QIB Shares Offered 14,16,000 Shares
NII (HNI) Shares Offered 4,26,000 Shares
Retail Shares Offered 9,93,000 Shares

IPO Lot Size

Investors can apply for a minimum of 1,000 shares and thereafter in multiples of 1,000 shares.

Application Lots Share Amount
Retail (Min) 1 1,000 ₹1,28,000
Retail (Max) 1 1,000 ₹1,28,000
S-HNI (Min) 2 2,000 ₹2,56,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in 2010, Kabra Jewels Limited is a retail jewelry company offering a wide range of gold, diamond, and silver ornaments. The company designs, manufactures, and sells jewelry across multiple price segments, catering both to special occasions, such as weddings (their highest-selling category), and daily-wear needs.

The company operates 6 showrooms in Ahmedabad under multiple brands, including KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels Atarashi, and KK Jewels Silver Studio, along with 3 offices and 1 exhibition center. Its extensive retail presence allows it to serve a diverse customer base.

Kabra Jewels follows a two-pronged business model: first, procuring general design jewelry such as chains, rings, pendants, and earrings directly from vendors; and second, creating customized jewelry based on in-house designs or customer orders, leveraging selected artisans for specialized pieces like necklaces, mang tikkas, and bracelets. Their product portfolio includes rings, earrings, pendants, nose rings, bracelets, chains, necklaces, and bangles.

The company’s competitive strengths include an established brand, high-quality products, strong relationships with skilled artisans, a focus on design innovation, and an experienced management team supported by a motivated workforce. As of November 30, 2024, Kabra Jewels employed 121 employees, reflecting its growing operational scale.

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Company Financials (Consolidated)

Assets 169.43 140.56 113.07
Total Income 125.48 164.24 122.34
Profit After Tax 8.81 9.4 4.41
EBITDA - - -
NET Worth 39.87 31.06 21.66
Reserves and Surplus 32.51 30.6 21.2
Total Borrowing 103.07 89.97 69.83

Key Performance Indicator (KPI)

ROE 30.25%
ROCE 18.23%
Debt/Equity 2.9
RoNW 30.25%
PAT Margin 5.73%
EBITDA Margin -
Price to Book Value 3.03
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 22
3 To meet out the General Corporate Purposes; 3.99
4 Offer for Sale (OFS) -

Contact Details

Kabra Jewels Ltd. Address
Shop no.6, Ground Floor,
Iscon Center, Besides Tanishq,
Shivranjani Cross Road, Satellite
Ahmedabad, Gujarat, 380015
+91 93288 71207
cs.kkjewels@gmail.com

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Detail Registrar

IPO Registrar

Cameo Corporate Services Ltd.
+91-44-28460390
ipo@cameoindia.com
https://ipo.cameoindia.com/

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