Koura Fine Diamond Jewelry Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹55 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹5.5 cr
- Total subscription
- 733.08×
- Opens
- 6 Mar 2024
- Closes
- 11 Mar 2024
- Allotment
- 13 Mar 2024
- Listing
- 14 Mar 2024
Offer at a glance
Issue overview
- Issue size
- 10,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,10,000
- Fresh issue
- ₹5.5 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 26,01,500
- Shares after issue
- 36,01,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
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 |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 2.56 | 2,778.24 |
| NIB | 2.55 | 971.49 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 |
|---|---|---|
| EPS | 0.65 | 55.84 |
| ROE | 5.95 | 4.98 |
| ROCE | 7.64 | 6.63 |
| RONW | 5.95 | 6.74 |
| PRE IPO(PE) | 106.7 | 0 |
| POST IPO(PE) | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Koura Fine Diamond Jewelry Limited, established on March 25, 2022, is an emerging player in the jewelry industry, specializing in the manufacturing of diamonds and precious and semiprecious stones, including industrial-grade and synthetic variants. Headquartered at Iscon Emporium, Satellite, Ahmedabad, Gujarat, the company operates primarily from its Ahmedabad unit, ensuring high-quality craftsmanship in its fine diamond jewelry offerings. Despite its recent inception, Koura Fine Diamond Jewelry Limited has swiftly positioned itself as a micro-enterprise in the financial year 2021-22, demonstrating its potential for growth and market expansion. With a commitment to excellence and precision, the company continues to carve a niche in the luxury jewelry sector.
Strengths
- Strong Leadership: An experienced management team provides strategic direction and expertise to drive growth.
- Diverse Product Offerings: A wide product portfolio allows the company to cater to different customer preferences and expand its market share.
- Customer-Centric Approach: A dedicated technical and functional team ensures tailored solutions and high customer satisfaction.
- Robust Sales & Distribution Network: A well-established network enhances market penetration and sales potential.
- Expertise in Large-Scale Projects: Experience in managing complex and high-volume orders showcases operational efficiency and reliability.
Risk factors
- Limited Operating History: As a newly incorporated company, it lacks extensive historical data, making it difficult for investors to assess its long-term potential.
- Key Personnel Dependency: The business heavily relies on its promoter and key management, posing a risk if any critical leadership changes occur.
- Market Adaptability Issues: Struggles in responding to evolving trends and consumer preferences could reduce its market share and competitiveness.
- Seasonal Fluctuations: Revenue volatility during off-peak seasons may impact financial performance and cash flow stability.
- Competitive Pressures: Intense competition from domestic and international players could challenge pricing power and market positioning.
Promoters
Kamlesh Keshavlal Lodhiya
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
304, Iscon Emporio, B/S Star India Bazar Nr. Jodhpur, Cross Road, Satellite Ahmedabad, 380015
+91 7016302567
[email protected]Company website ↗Understanding KOURA 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.