Koura Fine Diamond Jewelry Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 465,000 (47%) | — | ₹256 Cr |
| Retail | — | 465,000 (47%) | — | ₹256 Cr |
| Market Maker | — | 70,000 (7%) | — | ₹4 Cr |
| Σ Total | — | 1,000,000 (100%) | — | ₹5,500 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 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 602 | 556 |
| Profit After Tax | 17 | 13 |
| Net Worth | 286 | 269 |
| Total Assets | 353 | 327 |
| Reserves & Surplus | 26 | 222 |
| Total Borrowing | 49 | 52 |
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
- Funding the working capital requirements of the company –
- General Corporate Purposes –
Company Overview
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.