Kabra Jewels Limited
Bookbuilding IPO · NSE
- Price band
- ₹121 - ₹128
- Lot size
- 1,000 shares
- Issue amount
- ₹40 cr
- Total subscription
- 310.79×
- Opens
- 15 Jan 2025
- Closes
- 17 Jan 2025
- Allotment
- 20 Jan 2025
- Listing
- 22 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 31,25,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,21,000
- Fresh issue
- ₹40 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,28,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 73,60,000
- Shares after issue
- 1,04,85,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,28,000 |
| HNI | 2 | 2,000 | ₹2,56,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 106 |
| NIB | — | 31,000 |
| RETAIL | — | 3,82,209 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.26 | 1,121.5 |
| RETAIL | 12.71 | 4,892.28 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Nov-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 11.97 | 67.93 | 31.85 |
| ROE | 22.1 | 30.25 | 20.34 |
| ROCE | 14.14 | 18.23 | 13.62 |
| RONW | 22.1 | 30.25 | 20.34 |
| PRE IPO (PE) | 0 | 10.02 | 0 |
| POST IPO (PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Kabra Jewels Limited, founded in 2010, is a retail jewelry business offering a wide variety of gold, diamond, and silver ornaments for all occasions—from everyday wear to special events like weddings, which are their top-selling items. The company operates six showrooms in Ahmedabad under different KK Jewels brands, along with three offices and an exhibition center. Kabra Jewels runs two business models: sourcing standard designs from vendors and creating custom jewelry based on customer requests or in-house designs, using skilled artisans. Their product range includes rings, necklaces, bangles, earrings, pendants, and more. As of November 30, 2024, the company employs 121 people.
Strengths
- Well-Known Brand: Kabra Jewels is a trusted name in Ahmedabad, operating six distinct sub-brands.
- High-Quality Jewelry: The company provides premium gold, diamond, and silver jewelry catering to diverse customer preferences.
- Experienced Leadership: Led by seasoned promoters with a strong track record in the jewelry retail industry.
Risk factors
- Legal Issues: Ongoing cases involving the company, its promoters, and directors could adversely affect business operations, finances, and reputation if outcomes are unfavorable.
- Reliance on Working Capital: Heavy dependence on working capital means any difficulty in securing it on favorable terms could slow growth and operational efficiency.
- Operational Challenges: Ineffective management of the retail network or poor execution of growth plans may negatively impact profitability and future success.
Promoters
Kailash Kabra
Jyothi Kailash Kabra
Registrar & documents
Lead manager
Marwadi Chandarana Intermediaries Brokers Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Shop no.6, Ground Floor, Iscon Center, Besides Tanishq, Shivranjani Cross Road, Satellite Ahmedabad 380015
+91 93288 71207
[email protected]Company website ↗Understanding KKJEWELS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.