Kabra Jewels Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,416,000 (45%) | — | ₹1,812 Cr |
| NII (HNI) | — | 426,000 (14%) | — | ₹545 Cr |
| Retail | — | 993,000 (32%) | — | ₹1,271 Cr |
| Market Maker | — | 290,000 (9%) | — | ₹37 Cr |
| Σ Total | — | 3,125,000 (100%) | — | ₹40,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹128,000 |
| Retail (Max) | 13 | 13,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,576,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 12,548 | 16,424 | 12,234 |
| Profit After Tax | 881 | 940 | 441 |
| Net Worth | 3,987 | 3,106 | 2,166 |
| Total Assets | 16,943 | 14,056 | 11,307 |
| Reserves & Surplus | 3,251 | 3,060 | 2,120 |
| Total Borrowing | 10,307 | 8,997 | 6,983 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of certain borrowings availed by the Company, in part or full –
- To meet Working Capital requirements –
- General Corporate Purpose –
Company Overview
Incorporated in 2010, Kabra Jewels Limited is engaged in the retail jewelry business, offers a diverse collection of gold, diamond, and silver ornaments.
The company 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.
The company operates 6 showrooms in Ahmedabad under the brands KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio, along with 3 offices and 1 exhibition center.
Business Model:
- Model 1: Where the company procures goods directly from vendors (General Designs) like Chains, Rings, Pendants, Earrings.
- Model 2: Where the company customizes jewelry based on their in-house specialized designs or customer orders. They select vendors or karigars based on their expertise for the jewelry to be manufactured like Necklace, Mang tikka, earrings, Bracelet.
Products: Rings, Earrings, Pendants, Nose, Bracelets, Chains, Necklaces and Bangles.
As on November 30, 2024, the company has employed 121 employees.
Competitve Strength:
- Established brand
- Quality of the products
- Experienced promoters with established track record of operations
- Well established relationship with the artisans
- Design and Innovation in the product range
- Experienced management team and a motivated & efficient work force.