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.
Koura Fine Diamond Jewelry IPO – Details
| IPO Opening Date | 06 March 2024 |
| IPO Closing Date | 11 March 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 10,00,000 Shares Worth ₹5.50 Crore Fresh Issue: 10,00,000 Shares Worth ₹5.50 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Koura Fine Diamond Jewelry IPO – Date Schedule
| IPO Open Date | 06 March 2024 |
| IPO Close Date | 11 March 2024 |
| Basis of Allotment | 12 March 2024 |
| Initiation of Refund | 13 March 2024 |
| Credit of Shares to Demat Account | 13 March 2024 |
| IPO Listing Date | 14 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 11 March 2024 |
Koura Fine Diamond Jewelry IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,10,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,10,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,20,000 |
Competitive Strengths
- Experienced Management team having domain knowledge to scale up and expand into new opportunities;
- Wide product portfolio addressing the needs of varied customers across the industry;
- Dedicated technical & functional team to provide solutions to their customers;
- Extensive Sales and distribution network;
- Experience of handling large & complex projects;
- Multi-year relationships with most customers;
- Improving operational efficiency.
Company Promoters
- Kamlesh Keshavlal Lodhiya
Object Of The Issue
- Funding the working capital requirements of the company.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | 5.56 | 5.38 | 0.13 | 51.80 |
| 30 September 2023 | 6.01 | 5.78 | 0.17 | 48.84 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 6.13% |
| ROCE | 7.64% |
| Debt/Equity | 0.17 |
| RoNW | 5.95% |
| P/BV | 5 |
| PAT Margin (%) | 2.83 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 0.52 | 0.94 |
| P/E (x) | 106.7 | 58.23 |
Koura Fine Diamond Jewelry IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.23% |
Koura Fine Diamond Jewelry IPO Prospectus
Company Contact Information
| Koura Fine Diamond Jewelry Limited 304, Iscon Emporio B/S Star India Bazar Nr. Jodhpur Cross Road, Satellite Ahmedabad, 380015 Phone: +91 7016302567 Email: Info@kouradiamondjewelry.com Website: https://kouradiamondjewelry.com/ |
Koura Fine Diamond Jewelry IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: ccl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Koura Fine Diamond Jewelry IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
Koura Fine Diamond Jewelry IPO FAQs
| What is Koura Fine Diamond Jewelry IPO? Koura Fine Diamond Jewelry IPO is a SME IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on BSE SME. |
| When Koura Fine Diamond Jewelry IPO will open? The IPO is to open on 06 March 2024 for NII – 50% and Retail – 50% Investors. |
| How to Koura Fine Diamond Jewelry IPO? You can apply Koura Fine Diamond Jewelry 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 Koura Fine Diamond Jewelry IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Koura Fine Diamond Jewelry”. 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 Koura Fine Diamond Jewelry IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Koura Fine Diamond Jewelry”. 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 Edelweiss. |
| What is Koura Fine Diamond Jewelry IPO Size? Koura Fine Diamond Jewelry IPO size is ₹5.50 crores. |
| What is Koura Fine Diamond Jewelry IPO Price Band? Koura Fine Diamond Jewelry IPO Price Band is 55. |
| What is Koura Fine Diamond Jewelry IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 2000 Shares with ₹1,10,000 amount while the maximum bid is 2000 shares with ₹1,10,000. |
| What is the Koura Fine Diamond Jewelry IPO Allotment Date? Koura Fine Diamond Jewelry IPO allotment date is 12 March 2024. |
