Shoora Designs Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹48 - ₹48
- Lot size
- 3,000 shares
- Issue amount
- ₹2.03 cr
- Total subscription
- 64.52×
- Opens
- 17 Aug 2023
- Closes
- 21 Aug 2023
- Allotment
- 25 Aug 2023
- Listing
- 29 Aug 2023
Offer at a glance
Issue overview
- Issue size
- 4,24,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,44,000
- Fresh issue
- ₹2.03 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,44,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 10,75,662
- Shares after issue
- 14,98,662
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,44,000 |
| HNI | 2 | 6,000 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 1.34 |
| ROE | 14.06 |
| ROCE | 9.89 |
| RONW | 7.22 |
| PRE IPO(PE) | 35.82 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2021, Shoora Designs Limited is engaged in manufacturing and trading diamonds and jewelry, with a focus on natural lab-grown diamonds. The company procures rough diamonds through suppliers and outsources cleaving, laser cutting, and polishing services to local job-workers in Surat, while planning and mapping of rough diamonds is done in-house. Its major clients include wholesalers and retailers, with business concentrated in Surat, Gujarat, and Mumbai, Maharashtra. Shoora Designs’ jewelry is available through both offline markets and online platforms. The company recorded revenues of Rs. 105.58 lakhs for the nine months ended December 31, 2022, and Rs. 162.57 lakhs for FY2022.
Promoters
Mr. Satish K Kansodariya
Mrs. Sejalben Satish Kansodariya
Mr. Rajeshbhai Labhubhai Mer
Registrar & documents
Lead manager
Swaraj Shares and Securities Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Diamond Apartments Co-op Housing Society, LT H No. 7/3388/A, 6th floor, C/1, 601, Haththupura char rasta, Surat – 395003
+91 9004746705
[email protected]Company website ↗Understanding SHOORA 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.