Kabra Jewels IPO is a book-built issue with a total size of ₹40.00 crores. The offering includes a fresh issue of 31.25 lakh equity shares, aimed at raising ₹40.00 crores, which will likely be utilized for the company’s growth initiatives or working capital requirements. This fresh equity reflects the company’s strategy to balance capital raising with company’s growth.
The subscription window runs from 15 January 2025 to 17 January 2025, offering a limited period to invest. With a price band of ₹121 to ₹128 per share, investors can bid flexibly. Applications are accepted in lots of 1,000 shares, requiring a minimum investment of ₹1,28,000, while HNIs must apply for at least 2 lots (2,000 shares), amounting to ₹2,56,000. The IPO is set to list on NSE SME on 22 January 2025, with its structured approach and competitive pricing expected to attract both retail and institutional investors.
Check the current GMP of Kabra Jewels IPO
Refer to Kabra Jewels IPO RHP for detailed information.
Table of content
Kabra Jewels IPO Good or Bad, should apply?
Kabra Jewels Limited follows a strong business model that contributes to its financial stability and growth. In Model 1, the company directly procures goods from vendors, including general designs like chains, rings, pendants, and earrings. Model 2 focuses on customization, where the company creates jewelry based on in-house designs or customer orders, selecting vendors or karigars based on their expertise to manufacture intricate pieces like necklaces, mang tikka, earrings, and bracelets. The product range includes rings, earrings, pendants, nose rings, bracelets, chains, necklaces, and bangles, catering to both general and special occasion needs.
The company’s strength lies in its established brand and reputation for high-quality products. With experienced promoters who have a proven track record and strong relationships with artisans, Kabra Jewels is able to continuously innovate its designs. The skilled management team and motivated workforce further enhance the company’s ability to maintain a competitive edge. Given its strong fundamentals, Kabra Jewels presents a solid investment opportunity, making it a good option for both IPO listing gains and long-term growth.
Kabra Jewels IPO Details
| IPO Date | January 15, 2025 to January 17, 2024 | ||
| Listing Date | 22 January, 2025 | ||
| Face value | ₹10 per share | ||
| Price band | ₹121 to ₹128 per share | ||
| Lot size | 1,000 Shares | ||
| Total Issue Size | 31,25,000 shares (aggregating up to ₹40.00 Cr) | ||
| Fresh Issue | 31,25,000 shares (aggregating up to ₹40.00 Cr) | ||
| Offer for Sale | 0 | ||
| Issue Type | Fixed Price Issue IPO | ||
| Listing At | NSE SME | ||
| Share Holding Post Issue | 1,04,85,000 shares | ||
| Market Maker Portion | 2,90,000 shares Giriraj Stock Broking Private Limited |
Kabra Jewels IPO Lot Size calculator
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 1,000 | ₹1,28,000 |
| Retail (Max) | 1 | 1,000 | ₹1,28,000 |
| HNI (Min) | 2 | 2,000 | ₹2,56,000 |
Kabra Jewels IPO Distribution
| Investor Category | Shares Offered |
| QIB Shares Offered | No more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
About Kabra Jewels Company
Kabra Jewels Limited, founded in 2010, is in the retail jewelry business and offers a wide range of gold, diamond, and silver ornaments.
The company designs, manufactures, and sells gold, diamond, and other jewelry products in different price ranges. Their top-selling products are for special occasions like weddings, followed by daily-wear jewelry.
The company runs 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. They also have 3 offices and 1 exhibition center.
Business Model:
Model 1:
The company buys goods directly from vendors (general designs), including chains, rings, pendants, and earrings.
Model 2:
The company customizes jewelry based on in-house designs or customer orders. They choose vendors or karigars based on their expertise to manufacture items like necklaces, mang tikka, earrings, and bracelets.
Products: Rings, earrings, pendants, nose rings, bracelets, chains, necklaces, and bangles.
As of November 30, 2024, the company employs 121 people.
Competitive Strengths:
- Established brand
- High-quality products
- Experienced promoters with a proven track record
- Strong relationships with artisans
- Innovative designs
- Skilled management team and motivated workforce
Kabra Jewels Company Finances
As of November 30, 2024, Kabra Jewels Limited reported total assets of ₹16,942.59 million, an increase from ₹14,056.17 million as of March 31, 2024. The company’s revenue for the period stood at ₹12,548.47 million, slightly lower than ₹16,424.32 million reported in the previous year. Profit After Tax (PAT) for the period was ₹880.89 million, compared to ₹939.64 million for the same period in 2024. The company’s net worth grew to ₹3,986.78 million, up from ₹3,105.88 million in March 2024, driven by a steady increase in reserves and surplus, which reached ₹3,250.78 million. Total borrowings for the period increased to ₹10,307.08 million, reflecting a rise from ₹8,996.84 million in March 2024.
Amount in ₹ Lakhs
| 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 |
| Total Borrowings | 10,307.08 | 8,996.84 | 6,982.62 | 4,730.26 |
| 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 |
Kabra Jewels IPO Prospectus
Read our other articles(IPO Insights and Market Prediction)
- FII DII Selling Data, 27 January 2025
- FII DII Selling Data, 24 January 2025
- FII DII Selling Data, 23 January 2025
- FII DII Selling Data, 22 January 2025
- CLN Energy IPO GMP today – Apply or Not
Leave a Reply