Kabra Jewels Limited’s IPO will open today, 15 January 2025, and run until 17 January 2025. This is an SME IPO raising ₹40 from a fresh issue of 31.25 lakh equity shares.
The Kabra Jewels IPO allotment date will be finalized on Monday, 20 January 2025. Kabra Jewels shares will be probably listed on NSE SME on Wednesday, 22 January 2025.
Kabra Jewels IPO’s price band has been set between ₹121 to ₹ 128 per share. The ipo lot size is 1000 per application, making the minimum retail investment ₹128000 while HNIs have to subscribe to at least 2 lots, or 2000 shares worth ₹ 256000.
Kabra Jewels NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 15, 2025 |
| IPO Closing Date | January 17, 2025 |
| Tentative IPO Listing Date | January 22, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹121 to ₹128 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 3125000 shares (₹40 Cr.) |
| Fresh Issue | 3125000 shares (₹40 Cr.) |
| IPO Segment | Book Built IPO Issue |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 7360000 shares |
| Share Holding Post-Issue | 10485000 shares |
Kabra Jewels Limited | Company Overview
Kabra Jewels Limited was started in 2010 and in these 15 years, it has made a name for itself in the market. The company deals in retail jewelry offering a wide range of gold, silver, and diamond ornaments. The business models of the company include –
- Business model 1: Under this model, the company procures the ornaments from vendors and then sells them to the retail customers. It mostly procures simple chains, rings, earrings, pendants, etc.
- Business model 2: In this model, Kabra Jewels Ltd. customizes the ornaments according to the preferences of the customers. It has in-house designers who specialize in different ornaments making. Under this model, the main products are necklaces, earrings, mang tika, and bracelets.
The highest-selling segment of the company is wedding ornaments, apart from which Kabra deals in daily-wear jewelry as well. The list of products/ ornaments includes –
- Rings
- Pendants
- Chains
- Bangles
- Earrings
- Noserings
- Necklaces
- Others
Currently, Kabra Jewels has 6 showrooms across the city of Ahmedabad. The brand name it uses includes –
- KK Jewels Silver
- KK Jewels Gold
- KK Jewels Bridal
- KK Jewels Diamond
- KK Jewels – Atarashi
- KK Jewels – Silver Studio
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Kabra Jewels Limited IPO | Key Details
- Kabra Jewels IPO Opening Date: January 15, 2025,
- Kabra Jewels IPO Closing Date: January 17, 2025.
- Allotment Date: January 20, 2025
- Price Band: ₹121 to ₹128 per share
- Lot Size: 1000 shares
- Refunds Initiated: January 21, 2025
- Shares Credited to Demat: January 21, 2025
- Listing Date: January 22, 2025
Kabra Jewels Ltd: Financial Overview
Kabra Jewels Limited’s profits jumped by 113% in FY24 from around a 34% rise in revenue.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 14,056.17 | 11,307.33 | 2,748.84 | 24.3102483 |
| Revenue | 16,424.32 | 12,234.02 | 4,190.30 | 34.251211 |
| Profit After Tax | 939.64 | 440.58 | 499.06 | 113.273412 |
| Net Worth | 3,105.88 | 2,166.24 | 939.64 | 43.3765418 |
| Reserve & surplus | 3,059.88 | 2,120.24 | 939.64 | 44.3176244 |
| Total Borrowing | 8,996.84 | 6,982.62 | 2,014.22 | 28.8461924 |
FAQs | Kabra Jewels Ltd IPO
Kabra Jewels Ltd is engaged in making customized jewelry, ranging from gold jewelry to diamond jewelry as well.
The tentative IPO listing date of Kabra Jewels has been fixed as Wednesday, January 22, 2025.
The bidding date for the Kabra Jewels IPO is January 15, 2025, and it will continue until January 17, 2025.
The minimum IPO lot size for Kabra Jewels is 1000 shares. The HNIs need to subscribe to at least two lots.
The IPO allotment is expected to be finalized on Monday, January 20, 2025.
The IPO face value is set at ₹10 per share.
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