Kabra Jewels SME: Check IPO Date, Live Subscription and Key Details
Kabra Jewels Limited is engaged in the retail jewelry business, offers a diverse collection of gold, diamond, and silver ornaments. The company mainly focuses on the designs, manufactures, and sells a wide range of gold, studded, and other jewelry products across various price, ranging from jewelry for special occasions, such as weddings, which is their highest-selling product category, to daily-wear jewelry.
Price Range
₹121.0 - 128.0
Issue Size
₹40 Cr
Lot Size
1,000 shares
IPO Type
NSE SME
GMP
₹123(+96.09%)
Est. Listing Price
₹251
Estimate Profit
₹2,46,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
12.6
P/E Ratio
10.16
RoNW
30.25%
ROE
30.25%
Debt to Equity
2.9
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Timeline
IPO Opens
15 Jan
IPO Closes
17 Jan
Allotment
20 Jan
Listing
22 Jan
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 15 January 2025 | Subscription starts |
| IPO Close Date | 17 January 2025 | Subscription ends |
| Allotment Date | 20 January 2025 | Allotment |
| Listing Date | 22 January 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,56,000 |
SHNI (Min) | 3 | ₹3,84,000 |
SHNI (Max) | 7 | ₹8,96,000 |
BHNIAbove ₹10,00,000 | 8 | ₹10,24,000 |
IPO Objectives
- Repayment of certain borrowings availed by the Company, in part or full
- To meet Working Capital requirements
- General Corporate Purpose
Strengths
- Established brand with strong customer trust in the jewelry market.
- Wide product range catering to both occasions and daily wear.
- Experienced management team with a proven track record of success.
- Strong relationships with artisans ensuring quality craftsmanship and innovative designs.
- Multiple showrooms enhancing customer reach and brand visibility in Ahmedabad.
Weaknesses
- Limited geographic presence, restricting growth potential outside Ahmedabad.
- Dependence on vendors for certain product categories affecting control over supply chain.
- High competition in the jewelry market impacting pricing power and margins.
- Vulnerability to fluctuations in gold, silver, and diamond prices.
- Seasonal demand variations impacting consistent revenue generation.
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Financial Performance
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 169.43 | 140.56 | 113.07 | 74.01 |
| Revenue (₹ Cr.) | 125.48 | 164.24 | 122.34 | 112.13 |
| PAT (₹ Cr.) | 8.81 | 9.4 | 4.41 | 5.4 |
| Net Worth (₹ Cr.) | 39.87 | 31.06 | 21.66 | 17.26 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Kabra Jewels Limited | 3.05 | 10.16 | 30.25% | 39.86 |
| Motisons Jewellers LTD | 7.31 | 65.59 | 11.11% | 328 |
| RBZ Jewellers LTD | 3.45 | 29.11 | 11.67% | 207 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0x | 0.78x | 154.53x |
| NII | 9.61x | 37.9x | 556.9x |
| RII | 20.92x | 86.14x | 384.89x |
| Total | 12.52x | 51.42x | 356.02x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 5,67,000 | 8,76,17,000 | 1,121.5 |
| NII | 4,26,000 | 23,72,39,000 | 3,036.66 |
| RII | 9,93,000 | 38,21,96,000 | 4,892.11 |
| Total | 19,86,000 | 70,70,52,000 | 9,050.27 |
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Company Details
- Kabra Jewels Limited
- Shop no.6, Ground Floor, Iscon Center, Besides Tanishq, Shivranjani Cross Road, Satellite Ahmedabad 380015
- +91 93288 71207
- cs.kkjewels@gmail.com
- https://kkjewels.org/
Registrar Details
- Cameo Corporate Services Limited
- +91-44-28460390
- ipo@cameoindia.com
- https://ipo.cameoindia.com/
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