Allotment

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.
₹1280%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| 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 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 |
| Category | Offer |
|---|---|
| QIB Shares Offered | 14,16,000 Shares |
| NII (HNI) Shares Offered | 4,26,000 Shares |
| Retail Shares Offered | 9,93,000 Shares |
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) | - | - | - |
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.
| 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 |
| 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 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) | - |
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
IPO Registrar
Cameo Corporate Services Ltd.
+91-44-28460390
ipo@cameoindia.com
https://ipo.cameoindia.com/