Kabra Jewels Limited (NSE SME)
Jan 15, 2025 - Jan 17, 2025
| Price | ₹121 - ₹128 |
| Premium | ₹123 |
|---|---|
| Lot size | 1000 |
| Allotment | Jan 20, 2025 |
| Listing | Jan 22, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 128000 | 993 |
| HNI | 2 | 2000 | 256000 | 426 |
Last updated on 17-Jan-2025 17:23:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 567000 | 87617000 | 154.53 |
| NIB | 426000 | 237529000 | 557.58 |
| RETAIL | 993000 | 382209000 | 384.9 |
| Total | 1986000 | 707355000 | 356.17 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 106 |
| NIB | 31000 |
| RETAIL | 382209 |
| Total | 413315 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 7.26 | 1121.5 | 154.53 |
| NIB | 5.45 | 3040.37 | 557.58 |
| RETAIL | 12.71 | 4892.28 | 384.9 |
| Total | 25.42 | 9054.14 | 356.17 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹26.6 | @8% ₹30.3 | @9% ₹34.1 | @10% ₹37.9 | @11% ₹41.7 | @12% ₹45.5 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹95.8 | @8% ₹109.5 | @9% ₹123.2 | @10% ₹136.9 | @11% ₹150.6 | @12% ₹164.2 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 31.78% | 993000 |
| NII (HNI) | 13.63% | 426000 |
| Anchor | 27.17% | 849000 |
| QIB | 18.14% | 567000 |
| Market Maker | 9.28% | 290000 |
| Total | 100.00% | 3125000 |
IPO Details
| 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 |
| Market Maker | Giriraj Stock Broking |
Key Performance Indicator
| KPI | Nov-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 22.10% | 30.25% | 20.34% |
| ROCE | 14.14% | 18.23% | 13.62% |
| RONW | 22.10% | 30.25% | 20.34% |
| D/E | 2.59 | 2.9 | 3.22 |
| EPS (basic) | 11.97 | 67.93 | 31.85 |
| P/E Pre IPO | 10.03 | ||
| P/E Post IPO | 10.16 |
Company Financials In Lakhs
| Period Ended | Nov-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 16,943 | 14,056 | 11,307 | 7,401 |
| Revenue | 12,548 | 16,424 | 12,234 | 11,213 |
| Profit After Tax | 881 | 940 | 441 | 540 |
| Net Worth | 3,987 | 3,106 | 2,166 | 1,726 |
| Reserves and Surplus | 3,251 | 3,060 | 2,120 | 1,680 |
| Total Borrowing | 10,307 | 8,997 | 6,983 | 4,730 |
About Company
Incorporated in 2010, Kabra Jewels Limited operates in the retail jewelry business, offering a wide range of gold, diamond, and silver ornaments catering to diverse customer needs, from daily wear to special occasions like weddings—their highest-selling category. The company manages six showrooms in Ahmedabad under various KK Jewels sub-brands, alongside three offices and an exhibition center. Kabra Jewels follows a dual business model: procuring general designs directly from vendors and crafting customized jewelry through in-house designs or customer orders, leveraging specialized artisans. Its product portfolio includes rings, necklaces, bangles, earrings, pendants, and more. As of November 30, 2024, the company employs 121 individuals.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Established Brand: Kabra Jewels is a recognized name in Ahmedabad, operating under six specialized sub-brands.
Quality Products: The company offers high-quality gold, diamond, and silver jewelry catering to various customer preferences.
Experienced Promoters: Backed by seasoned promoters with a proven track record in the jewelry retail industry.
Legal Proceedings: Ongoing legal cases involving the company, promoters, and directors could adversely impact the business, financial condition, and reputation if resolved unfavorably.
Working Capital Dependency: The business relies heavily on working capital, and any challenges in securing it on favorable terms could hinder growth and operations.
Operational Challenges: Ineffective management of the retail network or growth strategy execution may affect profitability and business prospects.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/