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.
The Company’s 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.
Kabra Jewels IPO – Details
| IPO Opening Date | 15 January 2025 |
| IPO Closing Date | 17 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 31,25,000 Shares Worth ₹40.00 Crore Fresh Issue: 31,25,000 Shares Worth ₹40.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 – ₹128 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Cameo Corporate Services Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Kabra Jewels IPO – Date Schedule
| IPO Open Date | 15 January 2025 |
| IPO Close Date | 17 January 2025 |
| Basis of Allotment | 20 January 2025 |
| Initiation of Refund | 21 January 2025 |
| Credit of Shares to Demat Account | 21 January 2025 |
| IPO Listing Date | 22 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 17, 2025 |
Kabra Jewels IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,28,000 |
| Retail (Max) | 1 | 1000 | ₹1,28,000 |
| HNI (Min) | 2 | 2000 | ₹2,56,000 |
Competitive Strengths
- 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.
Company Promoters
- Kailash Kabra
- Jyothi Kailash Kabra
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 112.12 | 104.75 | 5.40 | 47.30 |
| 31 March 2023 | 122.34 | 116.29 | 4.40 | 69.82 |
| 31 March 2024 | 164.24 | 151.67 | 9.39 | 89.96 |
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
| EPS (Rs) | – | – |
| P/E (x) | 10.03 | – |
Object Of The Issue
- Repayment of certain borrowings availed by the Company, in part or full;
- To meet Working Capital requirements;
- General Corporate Purpose.
Kabra Jewels IPO Promoter Holding
| Pre Issue Share Holding | 89.12% |
| Post Issue Share Holding | 62.55% |
Kabra Jewels IPO Prospectus
- Kabra Jewels IPO DRHP
- Kabra Jewels IPO RHP
Company Contact Information
| Kabra Jewels Limited Shop no.6, Ground Floor, Iscon Center, Besides Tanishq, Shivranjani Cross Road, Satellite Ahmedabad 380015 Phone: +91 93288 71207 Email: cs.kkjewels@gmail.com Website: https://kkjewels.org/ |
Kabra Jewels IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: ipo@cameoindia.com Website: https://ipo.cameoindia.com/ |
Kabra Jewels IPO Lead Manager(s)
| 1. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
Kabra Jewels IPO FAQs
| What is Kabra Jewels IPO? Kabra Jewels IPO is an SME IPO. The issue is priced at ₹121 – ₹128 per equity share. The IPO is to be listed on NSE SME. |
| When Kabra Jewels IPO will open? The IPO is to open on 15 January 2025 for QIB, NII, and Retail Investors. |
| What is Kabra Jewels IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, and NII – 15%. |
| How to Apply the Kabra Jewels IPO? You can apply Kabra Jewels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kabra Jewels IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kabra Jewels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Kabra Jewels IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kabra Jewels IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kabra Jewels IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kabra Jewels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Kabra Jewels IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Kabra Jewels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Kabra Jewels IPO Size? Kabra Jewels IPO size is ₹40.00 Crore. |
| What is Kabra Jewels IPO Price Band? Kabra Jewels IPO Price Band is ₹121 – ₹128. |
| What is Kabra Jewels IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,28,000 amount while the maximum bid is 1000 Shares with ₹1,28,000. |
| What is the Kabra Jewels IPO Allotment Date? Kabra Jewels IPO allotment date is 20 January 2025. |
| What is the Kabra Jewels IPO Listing Date? Kabra Jewels IPO listing date is 22 January 2025. The IPO is to be listed on NSE SME. |
