Koura Fine Diamond Jewelry Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

06 Mar 2024

Close Date

11 Mar 2024

Allotment

12 Mar 2024

Listing Date

14 Mar 2024

Exchange

BSE SME

Price Band

₹55

Listing Price

See chart

Allotment Status

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Price Band

₹55

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

10,00,000 shares (aggregating up to ₹5.50 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹110,000

1 lot

Pre-IPO Holding

26,01,500 shares

Promoters

Post-IPO Holding

36,01,500 shares

Promoters

P/E (Pre)

106.7x

P/E (Post)

58.23x

EPS (Pre)

₹0.52

EPS (Post)

₹0.94

UPI Deadline

2024-03-11

Mandate

Anchor AllotmentTue, 05 Mar 2024

Basis of AllotmentTue, 12 Mar 2024

Refund InitiationWed, 13 Mar 2024

Demat CreditWed, 13 Mar 2024

Listing DayThu, 14 Mar 2024

UPI Mandate Deadline2024-03-11

Sale TypeFresh Capital

Net Offer to Public9,30,000 shares (aggregating up to ₹5.12 Cr)

Market Maker Quota70,000 shares (aggregating up to ₹0.3850 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Koura Fine Diamond Jewelry Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Mar 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	70,000	—	₹0.39
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,000,000	100%	₹5.50

IPO Shares Offered

Koura Fine Diamond Jewelry Ltd IPO total issue size: ₹5.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	70,000	₹0.39	7.00%
Total	1,000,000	₹5.50	100.00%

* Based on upper price band ₹55 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹55.00

Upper Band

Min Investment

₹110,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹220,000
Retail (Max — 13 Lots)	13	26,000	₹1,430,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,540,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,480,000

* Issue Price ₹55 × Lot Size 2,000 shares

IPO Schedule

Anchor

05 Mar 2024

✓ Done

IPO Open

06 Mar 2024

✓ Done

IPO Close

11 Mar 2024

✓ Done

Allotment

12 Mar 2024

✓ Done

Refunds

13 Mar 2024

✓ Done

Demat Credit

13 Mar 2024

✓ Done

Listing Day

14 Mar 2024

✓ Done

₹55.00

INR · BSE

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Issue ₹55.00 Live Price

About Koura Fine Diamond Jewelry Ltd

Incorporated in March 2022, Koura Fine Diamond Jewelry Limited wholesales gold and diamond jewelry. The company offers 22 Karat Gold and 18 Karat Diamond jewellery.The company deals exclusively in jewelry that is certified by the Hallmark. For gold jewelry, the company obtains certification from the Bureau of Indian Standards (BIS) with 91.6% certifications for 22 Karat and from the International Gemmological Institute, India, and (BIS) with 75% certifications for 18 Karat diamond jewelry.The company has been successfully operating in Gujarat and Odisha, both in the western and eastern regions.As of December,31st, 2023, the company has a total strength of 08 employees in various departments.

Objects of the Issue

Funding the working capital requirements of the company

General Corporate Purposes

Koura Fine Diamond Jewelry Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹556.4

31 Mar 2023

₹601.8

30 Sep 2023

Profit After Tax (PAT)

N/A

FY 2022-23

₹13.4

31 Mar 2023

₹17.0

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	FY 2022-23
Revenue from Operations	601.84	556.35	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	17.01	13.41	N/A
Net Worth	286.06	269.06	N/A
Total Assets	352.53	327.34	N/A
Reserves & Surplus	25.91	221.76	N/A
Borrowings	48.84	51.80	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	2.83%	—	—

P/BV Ratio

5.00

RoE

6.13%

RoCE

7.64%

RoNW

5.95%

PAT Margin

2.83%

Debt/Equity

0.17

Issue Structure & Shareholding

Total Shares Offered10,00,000 (100.00%)

Net Offer to Public9,30,000 shares (aggregating up to ₹5.12 Cr)

Reserved for Market Maker70,000 shares (aggregating up to ₹0.3850 Cr)

Pre-Issue Promoter Holding26,01,500 shares

Post-Issue Promoter Holding36,01,500 shares

P/BV Ratio5.00

RoE6.13%

RoCE7.64%

Debt / Equity0.17

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

ccl.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

GYR Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Koura Fine Diamond Jewelry Ltd IPO subscribed? ▲

Koura Fine Diamond Jewelry Ltd IPO is subscribed 1.00 times by Mar 11, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Koura Fine Diamond Jewelry Ltd IPO retail subscription status? ▼

The Koura Fine Diamond Jewelry Ltd IPO retail category is subscribed 1.00 times as of 11 Mar 2024. The retail portion is oversubscribed.

How to subscribe Koura Fine Diamond Jewelry Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 06 Mar 2024 and closes 11 Mar 2024. Min investment: ₹110,000 (1 lot = 2,000 shares). UPI mandate: 2024-03-11.

How many times Koura Fine Diamond Jewelry Ltd IPO subscribed? ▼

The Koura Fine Diamond Jewelry Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Koura Fine Diamond Jewelry Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Mar 2024. Refunds: on 13 Mar 2024.

When Koura Fine Diamond Jewelry Ltd IPO will be listed? ▼

The Koura Fine Diamond Jewelry Ltd IPO listing date is 14 Mar 2024, Thursday. Listed on: BSE SME. Issue price: ₹55. Estimated listing: ₹55. GMP: NIL.

When Koura Fine Diamond Jewelry Ltd IPO close? ▼

The Koura Fine Diamond Jewelry Ltd IPO closes on 11 Mar 2024, Monday. UPI mandate: 2024-03-11. Allotment: 12 Mar 2024. Listing: 14 Mar 2024.

Quick Actions

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Live Price LIVE

Last Price₹55.00

Change—

Issue Price₹55.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹55

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹110,000

GMPNIL

Est. Listing₹55

Subscribed1.00x

Open Date06 Mar 2024

Close Date11 Mar 2024

Allotment12 Mar 2024

Listing Date14 Mar 2024

ExchangeBSE SME

UPI Deadline2024-03-11