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Kabra Jewels Ltd IPO

Our company operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments and our other offerings include gold and silver coins, utensils and other artifacts. Our Company, guided by our Promoters and their team, understands customer preferences and creates designs to meet their needs. Our primary expertise is in designing and we market our exclusive creations under the brand name KK Jewels. We have a diverse product portfolio includes rings, earrings, pendants, bracelets, chains, necklaces, bangles and other wedding jewellery through which we cater a large number of customers. Our Company has 6 showrooms under the brand KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi and KK Jewels - Silver Studio, 3 offices and 1 exhibition centre located in the city of Ahmedabad. All of these showrooms are operated and managed by us, and has been taken on rental basis. For further details of our showrooms, office and exhibition centre refer section Our Business - Our Location on page no. 140. Our gold, diamond and other jewellery inventory in each showroom reflects customer preferences and designs. Our main strengths are our focus on design and innovation, our understanding of consumer preferences and market trends, the detail in our designs, and the quality of our products.

Kabra Jewels Ltd IPO Details

Total Shares Offered

₹ 31,25,000

Offer to Public

TBA

Retail Max (Shares)

₹ 9,93,000

Pre Issue Promoters Holding

₹ 65,59,520

Exchange

NSE

Issue size

₹ 40 Cr

IPO Open Date

Jan 15, 2025

Close Date

Jan 17, 2025

Lot Size

1000

Min Investment

₹ 1,21,000

Issue Type

Book Building - SME

Listing Date

Jan 22, 2025

Kabra Jewels Ltd IPO Dates

Jan 15, 2025

Opening date

Jan 17, 2025

Closing date

Jan 20, 2025

Basis of Allotment

Jan 21, 2025

Initiation of Refunds

Jan 21, 2025

Credit of Shares

Jan 22, 2025

Listing date

Details

Sector	Type
Sector	Diamond Cutting
Sub Sector	Jewellery
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	61.88x	1416000	87617000
NII	557.58x	426000	237529000
Retail	384.89x	993000	382195000
Employee	0x	0	0
Total	226.35x	3125000	707341000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

61.88x

557.58x

384.89x

226.35x

1416000

426000

993000

3125000

87617000

237529000

382195000

707341000

Kabra Jewels Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	16.41	13.52	7.01
EBITDA	17.85	14.82	7.98
PAT	11.41	9.00	4.41
Total Assets	175.55	127.73	101.81
Share Capital	10.49	0.46	0.46
Total Borrowings	87.44	65.89	34.67
Operating Activities (Net Cash)	12.85	10.30	5.38
Investing Activities (Net Cash)	-0.11	0.00	0.00
Financing Activities (Net Cash)	87.44	65.89	34.67
Net Cashflow	13.42	2.01	0.61

About Kabra Jewels Ltd

Our company was originally incorporated and registered as a private limited company under Companies Act, 1956 in the name and style of `Kabra & Malpani Jewels Private Limited, vide certificate of incorporation dated July 21, 2010 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of our Board dated May 10, 2012 and a resolution of our shareholders dated June 07, 2012, the name of our company was changed to `Kabra Jewels Private Limited' and a fresh certificate of incorporation dated June 28, 2012 was issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of our Board dated April 15, 2024 and a resolution of our shareholders dated May 11, 2024, our Company was converted into a public limited company under the companies Act, and consequently the name of our company was changed to `Kabra Jewels Limited' and a fresh certificate of incorporation dated August 5, 2024 issued by Registrar of Companies, Central Processing Centre.

The gems and jewellery industry is one of the most important sectors of the Indian economy, contributing about 7% to the GDP and employing over 5 million people. The industry is also a major source of foreign exchange earnings, accounting for about 15% of the total exports. The industry consists of various segments, such as gold, diamond, silver, platinum, and coloured gemstones, and caters to different markets, such as domestic, export, and tourism.

Peer Comparison:

Motisons Jewellers Ltd
RBZ Jewellers Ltd

Kabra Jewels Ltd Key Points

Strengths

Quality and Designing of our products.

Established brand.

We offer a diversified range of products.

Experienced promoters with established track record of operations.

Well established relationship with our artisans.

Risk

The Company, Promoters and Directors are involved in certain legal proceedings. Any adverse outcome on such proceeding may affect its business, financial condition and reputation.

The Company requires significant amount of working capital for continued growth. Its inability to meet the company working capital requirements, on commercially acceptable terms, may have an adverse impact on its business, financial condition and results of operations.

If the company is unable to effectively manage its retail network and operations or pursue the company growth strategy, its may not achieve the company expected levels of profitability which may adversely affect its business prospects, financial condition and results of operations.

Strategy

Innovation in Designing.

Deepen and penetrate our existing customer relationships.

Strengthen our Inventory Management practices.

Enhance our product portfolio.

Continue to invest in our marketing and brand building initiatives.

How To Apply for Kabra Jewels Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Kabra Jewels Ltd IPO?

Kabra Jewels Ltd's IPO offers shares for up to 40 It begins on Jan 15, 2025 and ends on Jan 17, 2025.

What is the price of the Kabra Jewels Ltd IPO?

The price of Kabra Jewels Ltd IPO ranges between ₹121 to ₹128 per share.

What are the open and close dates for the Kabra Jewels Ltd IPO?

The Kabra Jewels Ltd IPO opens on Jan 15, 2025 and closes on Jan 17, 2025.

When will the Kabra Jewels Ltd IPO be allotted?

The allotment for the Kabra Jewels Ltd IPO will be finalised on Jan 20, 2025. The shares will be listed on BSE and NSE on Jan 22, 2025.

What is the minimum lot size required for Kabra Jewels Ltd IPO?

The minimum lot size for Kabra Jewels Ltd IPO is 1000 shares, priced between ₹121 to ₹128 per share.

What is the GMP of Kabra Jewels Ltd IPO?

The GMP (Grey Market Premium) of Kabra Jewels Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Kabra Jewels Ltd IPO?

To check the allotment status of Kabra Jewels Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Kabra Jewels Ltd IPO getting listed?

The Kabra Jewels Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 15, 2025, and closes on Jan 17, 2025. The allotment is finalised on Jan 20, 2025.

How do you apply for the Kabra Jewels Ltd IPO?

To apply for the Kabra Jewels Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.