Kabra Jewels Limited IPO: Details, Buy or Not?

Kabra Jewels Limited IPO: A comprehensive details

Kabra Jewels Limited, established in 2010, is set to launch its Initial Public Offering (IPO) on January 15, 2025. The company specialises in designing and retailing gold, diamond, and silver jewellery, operating under the “KK Jewels” brand with multiple showrooms in Ahmedabad, Gujarat. This IPO presents a lucrative opportunity to invest in a company with a strong regional presence and promising growth potential. In this article, we explore the key details of the Kabra Jewels Limited IPO, its financial performance, and why it could be a golden addition to your investment portfolio.


Kabra Jewels Limited IPO: Details

  • Issue Size: 31,25,000 equity shares, aggregating up to ₹40.00 crore
  • Price Band: ₹121 to ₹128 per share
  • Face Value: ₹10 per share
  • Lot Size: 1,000 shares
  • Minimum Investment: ₹1,28,000
  • Listing Platform: NSE SME

Kabra Jewels Limited IPO: Schedule

  • IPO Open Date: January 15, 2025 
  • IPO Close Date:  January 17, 2025
  • Allotment Finalization: January 20, 2025
  • Refunds: January 21, 2025
  • Credit of Shares to Demat Accounts: January 21, 2025
  • Listing Date: January 22, 2025

Kabra Jewels Limited IPO: Objectives

Kabra Jewels Limited plans to utilize the funds raised through the IPO for the following purposes:

  • Repayment of certain borrowings availed by the company in Part or full.
  • To meet working capital requirements.
  • General corporate purposes.

About Kabra Jewels Limited

Established in 2010, Kabra Jewels Limited operates under the “KK Jewels” brand and has carved a niche in designing and retailing gold, diamond, and silver jewellery. The company boasts a chain of showrooms in Ahmedabad, Gujarat, catering to a diverse clientele with exquisite and high-quality offerings. Over the years, Kabra Jewels has built a reputation for innovation and craftsmanship, blending traditional designs with modern aesthetics to appeal to the evolving tastes of Indian consumers.


Financial Performance

Kabra Jewels Limited has demonstrated robust financial growth in recent years. Here are some highlights of its financial performance:

  • FY 2022 Revenue: ₹112.13 crore
  • FY 2022 Profit After Tax: ₹5.40 crore
  • FY 2023 Revenue: ₹122.34 crore
  • FY 2023 Profit After Tax: ₹4.41 crore
  • FY 2024 Revenue: ₹164.24 crore
  • FY 2024 Profit After Tax: ₹9.40 crore
  • Revenue (up to November 2024): ₹125.48 crore
  • Profit After Tax (up to November 2024): ₹8.81 crore

Promoters:

  • Mr. Kailash Kabra
  • Mrs. Jyothi Kailash Kabra

Registrar:

  • Cameo Corporate Services Limited

Lead Manager:

  • Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

For more Details:


Risks to Consider

While Kabra Jewels Limited offers significant growth potential, it’s important to be mindful of certain risks:

  • Market Volatility: The jewellery sector is sensitive to fluctuations in gold prices and consumer sentiment, which could impact sales and margins.
  • Regional Focus: The company’s operations are primarily concentrated in Gujarat, which may limit its exposure to broader markets.
  • SME Listing: Being listed on the NSE SME platform may result in lower liquidity compared to mainboard stocks.

How to Apply for the IPO

Investors can apply for the IPO through the following methods:

  • ASBA (Application Supported by Blocked Amount): Available via banks offering ASBA services.
  • UPI (Unified Payments Interface): Accessible through brokers providing UPI-based IPO applications.

Steps to Apply:

  • Log in to your trading or banking account.
  • Select the IPO and enter the necessary details.
  • Confirm and authorize the application.

Frequently Asked Questions (FAQ)

Q1: What is Kabra Jewels Limited IPO GMP (Grey Market Premium)?

Ans: The GMP for Kabra Jewels Limited IPO is subject to daily fluctuations. Please refer to the latest market updates for the most accurate information.

Q2: What is Kabra Jewels Limited IPO GMP today?

Ans: The current GMP for Kabra Jewels Limited IPO can be checked on financial news platforms or with stockbrokers offering grey market insights.

Q3: What is the IPO date for Kabra Jewels Limited?

Ans: The IPO is open for subscription from January 15, 2025, to January 17, 2025.

Q4: What is the price band for Kabra Jewels Limited IPO?

Ans: The price band is set at ₹121 to ₹128 per share.


Conclusion

The Kabra Jewels Limited IPO is an exciting opportunity for investors looking to tap into the burgeoning jewellery market in India. With its strong brand presence, impressive financial track record, and strategic use of funds, the company is well-equipped to achieve its growth ambitions. However, as with any investment, potential investors should be careful.


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