The old jewelry retail brand name, Kabra Jewels Limited, is going to debut with an Initial Public Offering on January 15, 2025. The book-built issue will be of ₹40.00 crores. It includes 31.25 lakh shares. Read all the important facts, financials, and competitive strengths regarding Kabra Jewels IPO, which are explained in detail as follows.
About Kabra Jewels Limited
Kabra Jewels Limited is a retail jewelry company incorporated in 2010. It sells various gold, diamond, and silver ornaments.
Kabra Jewels Limited is one of the established brands in the retail jewelry sector that offers rings, earrings, pendants, necklaces, and bangles within the ambit of customer choices. Under six showrooms at Ahmedabad operating with multiple brand names KK Jewels Bridal and KK Jewels Diamond and three offices with an exhibition center, it has gained regional intensity. With a dual business model of general designs sourced from vendors and customized jewelry designed in-house or by experienced artisans, Kabra Jewels ensures diversity and innovation in its products. Competitive strengths include a robust brand reputation, excellent product quality, fresh designs, an experienced management team, and long-term relationships with artisans.
| Detail | Information |
|---|---|
| IPO Date | January 15, 2025 to January 17, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹128 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 31,25,000 shares (aggregating up to ₹40.00 Cr) |
| Fresh Issue | 31,25,000 shares (aggregating up to ₹40.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 73,60,000 shares |
| Share Holding Post Issue | 1,04,85,000 shares |
| Market Maker Portion | 2,90,000 shares |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,28,000 |
| Retail (Max) | 1 | 1,000 | ₹1,28,000 |
| HNI (Min) | 2 | 2,000 | ₹2,56,000 |
Product Lines: Rings, earrings, pendants, necklaces, bangles, and so on.
Operational Presence:
6 showrooms in Ahmedabad under different brand names like KK Jewels Bridal, KK Jewels Diamond, etc.
3 offices and 1 exhibition center.
Business Models:
General Designs: Jewelry procured directly from vendors.
Custom Designs: In-house design or designs based on customer requirement; manufactured by chosen artisans/vendors.
Competitive Strengths
Brand reputation of the company
Excellent quality products along with new design
Experienced promoters and expert management
Artisan relations are strong.
The Kabra Jewels IPO is a book-built public issue of ₹40.00 crores consisting entirely of a fresh issue of 31.25 lakh shares. The IPO aims to raise funds for business expansion and other operational needs.
The IPO opens for subscription on January 15, 2025, and closes on January 17, 2025. The allotment date is January 20, 2025, and the listing date is expected to be January 22, 2025.
The price band is set between ₹121 to ₹128 per share.
Retail investors can bid for a minimum lot of 1,000 shares, which amounts to an investment of ₹1,28,000. High Net Worth Individuals (HNIs) can bid for at least 2 lots (2,000 shares) requiring a minimum investment of ₹2,56,000.
The IPO will be listed on the NSE SME Exchange.
It is a book-built issue IPO.
The funds raised will be used for business expansion, working capital requirements, and other operational objectives.
Kabra Jewels is known for its:
As of November 30, 2024, Kabra Jewels reported total assets of ₹16,942.59 lakhs, revenue of ₹12,548.47 lakhs, and a profit after tax of ₹880.89 lakhs.
You can apply through online or offline methods via your broker or any ASBA-enabled bank account. Retail investors must confirm their UPI mandates before 5 PM on January 17, 2025.
The IPO registrar is Cameo Corporate Services Limited. You can contact them at ipo@cameoindia.com or visit their website at https://ipo.cameoindia.com/.
You can visit the company’s official website at https://kkjewels.org/ or contact them at cs.kkjewels@gmail.com or +91 93288 71207.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Motisons Jewellers Limited | 160.05 | 37.22 | – | – | ₹416.76 Cr |
| DP Abhushan Limited | 836.30 | 30.08 | – | – | ₹2,339.96 Cr |
| RBZ Jewellers Limited | 150.75 | 27.97 | – | – | ₹327.43 Cr |
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | ₹16,942.59 Cr | ₹14,056.17 Cr | ₹11,307.33 Cr | ₹7,401.16 Cr |
| Revenue | ₹12,548.47 Cr | ₹16,424.32 Cr | ₹12,234.02 Cr | ₹11,212.54 Cr |
| Profit After Tax | ₹880.89 Cr | ₹939.64 Cr | ₹440.58 Cr | ₹540.46 Cr |
| Net Worth | ₹3,986.78 Cr | ₹3,105.88 Cr | ₹2,166.24 Cr | ₹1,725.66 Cr |
| Reserves and Surplus | ₹3,250.78 Cr | ₹3,059.88 Cr | ₹2,120.24 Cr | ₹1,679.66 Cr |
| Total Borrowing | ₹10,307.08 Cr | ₹8,996.84 Cr | ₹6,982.62 Cr | ₹4,730.26 Cr |
