Kabra Jewels Limited is launching its Initial Public Offering (IPO) on January 15, 2025, with the subscription period closing on January 17, 2025.
The IPO is priced between ₹121 and ₹128 per equity share, with a minimum order quantity set at 1,000 shares, amounting to ₹128,000 at the upper price band.
The company plans to list its shares on the NSE SME platform, with the tentative listing date scheduled for January 22, 2025.
Kabra Jewels Limited IPO Details
Price Band: ₹121 to ₹128 per share
Issue Size: Approximately ₹40.00 Cr
Listing At: NSE SME
Listing: Expected on January 22, 2025
Kabra Jewels Limited Lot Size
Minimum Application: 1,000 shares (₹1,28,000)
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%
Kabra Jewels Limited Financial
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 16,942.59 | 14,056.17 | 11,307.33 | 7,401.16 |
| Revenue | 12,548.47 | 16,424.32 | 12,234.02 | 11,212.54 |
| Profit After Tax | 880.89 | 939.64 | 440.58 | 540.46 |
| Net Worth | 3,986.78 | 3,105.88 | 2,166.24 | 1,725.66 |
| Reserves and Surplus | 3,250.78 | 3,059.88 | 2,120.24 | 1,679.66 |
| Total Borrowing | 10,307.08 | 8,996.84 | 6,982.62 | 4,730.26 |
Key Insights
- The company shows overall growth in assets, revenue, and net worth, which is a positive sign.
- The increase in borrowing could be a point of concern if it leads to high leverage.
- The profit after tax needs close monitoring due to its fluctuation, despite the overall increase in revenue.
This analysis indicates that while the company is growing, attention should be paid to profitability consistency and the implications of increased borrowing.
Kabra Jewels IPO Promoter Holding
Share Holding Pre Issue89.12%
Share Holding Post Issue62.55%
Kabra Jewels Limited IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | 30.25% |
| ROCE | 18.23% |
| Debt/Equity | 2.90 |
| RoNW | 30.25% |
| PAT Margin | 5.73 |
| Price to Book Value | 3.03 |
Company Overview:
Kabra Jewels Limited, established in 2010 and headquartered in Ahmedabad, Gujarat, is a prominent player in the retail jewelry sector. Operating under the brand name “KK Jewels,” the company offers a diverse range of gold, diamond, and silver ornaments, including rings, necklaces, bracelets, and wedding jewelry. Their product portfolio also encompasses gold and silver coins, utensils, and artifacts.
The company operates six showrooms, three offices, and one exhibition center, all located in Ahmedabad.
FAQ
What are the Kabra Jewels IPO opening and closing dates?
Opening Date: January 15, 2025
Closing Date: January 17, 2025
What is the price band for the Kabra Jewels IPO?
The price band is set between ₹121 and ₹128 per equity share.
What is the minimum investment required for retail investors?
Retail investors can apply for a minimum of 1 lot, which consists of 1,000 shares. At the upper price band of ₹128, this amounts to an investment of ₹1,28,000.
What is the issue size of the Kabra Jewels IPO?
When will the basis of allotment be finalized?
The basis of allotment is expected to be finalized on January 20, 2025.
When is the tentative listing date for Kabra Jewels shares?
The shares are expected to be listed on the NSE SME platform on January 22, 2025.
Who are the promoters of Kabra Jewels Limited?
Kailash Kabra, Jyothi Kailash Kabra