Koura Fine Diamond IPO Details ( Koura Fine Diamond Jewelry Limited IPO Review )
(6 Mar 2024 – 11 Mar 2024)
Established in March 2022, Koura Fine Diamond Jewelry Limited is a wholesale distributor of gold and diamond jewelry. We specialize in 22 Karat Gold and 18 Karat Diamond jewelry.
Our focus is on providing certified jewelry, ensuring quality and authenticity. Gold pieces are certified by the Bureau of Indian Standards (BIS) at 91.6% for 22 Karat, while our 18 Karat diamond jewelry is certified by the International Gemmological Institute, India, and BIS at 75%.
Operating successfully in both Gujarat and Odisha, spanning the western and eastern regions, we’ve made a mark in the industry.
As of December 31st, 2023, our company boasts a team of 8 dedicated employees across various departments.
Koura Fine Diamond Jewelry Limited Company Product
- 22 Karat Ring
- 18 Karat Diamond Ring
- 22 Karat Necklace
- 22 Karat Gold Chain
- 18 Karat Diamond Ring
- 18 Karat Diamond Ring
Koura Fine Diamond Jewelry Limited IPO Competitive Strength
- Significant Market Opportunity
- Wide range of design and product
- Vast experience of our Promoter with the sound market knowledge
- Long-term relations with clients
- Sole focus on B2B wholesale jewellery segment
Koura Fine Diamond Jewelry IPO Financials Performance ( Results )
Koura Fine Diamond Jewelry Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-23 | 327.34 | 556.35 | 13.41 | 269.06 | 221.76 | 51.80 |
| 30-Sep-23 | 352.53 | 601.84 | 17.01 | 286.06 | 25.91 | 48.84 |
Objective of Koura Fine Diamond IPO Issue
- Funding the working capital requirements of the company
- General Corporate Purposes
Koura Fine Diamond Jewelry IPO Basic Details
| IPO Date | Mar 6, 2024 to Mar 11, 2024 |
| Listing Date | Thursday, March 14, 2024 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Issue Size | 1,000,000 shares of ₹10 (aggregating up to ₹5.50 Cr) |
| Fresh Issue | 1,000,000 shares of ₹10 (aggregating up to ₹5.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,601,500 |
| Share holding post issue | 3,601,500 |
| Company Promoters | Kamlesh Keshavlal Lodhiya |
Koura Fine Diamond Jewelry IPO Reservation
| Market Maker Shares Offered | 7.00% of the Net Issue |
| Other Shares Offered | 46.60% of the Net Issue |
| Retail Shares Offered | 46.60% of the Net Issue |
Koura Fine IPO Timetable
Koura Fine IPO will open on March 6, 2024 and close on March 11, 2024. You can join Koura Fine IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 6 March 2024 (Wednesday) |
| Closing Date | 11 March 2024 (Monday) |
| Basis of Allotment | 12 March 2024 (Tuesday) |
| Initiation of Refunds | 13 March 2024 (Wednesday) |
| Credit of Shares to Demat | 13 March 2024 (Wednesday) |
| Listing Date | 14 March 2024 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 11 March 2024 |
Koura Fine Diamond Jewelry IPO Lot Size
For retail investors in Koura Fine Diamond Jewelry IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹110,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹110,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| S-HNI (Min) | 2 | 4000 | ₹220,000 |
Koura Fine Diamond IPO Promoter Holding
The company’s promoters include Kamlesh Keshavlal Lodhiya.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 72.23% |
Koura Fine Diamond Jewelry Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 19.81 |
| Earning Per Share (EPS) | ₹0.94 per Equity Share |
| Net Asset Value (NAV) | ₹10.34 per Equity Share |
| P/E Ratio (P/E) (x) | 106.7 |
| Post P/E Ratio (P/E) (x) | 58.23 |
| Return on Net Worth (RoNW) (%) | 5.95 |
| Return on equity (ROE) (%) | 6.13 |
| Return on Capital Employed (ROCE) (%) | 7.64 |
| Debt/Equity Ratio | 0.17 |
| Price/Book Value Ratio | 5.00 |
Koura Fine Diamond IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹70 | – | – |
| 8 March 2024 | ₹70 | – | – |
| 7 March 2024 | ₹70 | – | – |
Koura Fine Diamond IPO Detail Video:
Koura Fine Diamond IPO Subscription Status (Bidding Detail)
The Koura Fine Diamond IPO on March 11, 2024 at 7:00:00 PM was subscribed 733.01 times, with the retail category being subscribed 1,083.98 times, the other category being subscribed 00.00 times.
| Category | Subscription |
| Other | 373.66x |
| Retail | 1,083.98x |
| Total | 733.01x |
Koura Fine Diamond Jewelry IPO Prospectus
| Koura Fine Diamond Jewelry IPO DRHP | Download |
| Koura Fine Diamond Jewelry IPO RHP | Download |
| Koura Fine Diamond Jewelry IPO Anchor Investors Details PDF | Download |
Koura Fine Diamond Jewelry IPO Rating
| Our Rating | 3.5/5.0 |
Koura Fine Diamond Jewelry Company Contact Information
Koura Fine Diamond Jewelry Limited
Registered Office: 304, Iscon Emporio, B/S Star India Bazar Nr. Jodhpur Cross Road, Satellite, Ahmedabad Gujarat- 380015 India
Tel: +91 7016302567
Website: www.kouradiamondjewelry.com
Contact Person: Ms. Asha Rameshwarlal Jain, Company Secretary and Compliance Officer
E-mail id: Info@kouradiamondjewelry.com
Corporate Identity Number: U36999GJ2022PLC130379
Our Promoter: Kamlesh Keshavlal Lodhiya
Koura Fine Diamond IPO Registrar
Kfin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Registered Office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana, India
Contact Person: Mr. M. Murali Krishna
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: kfdjl.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
SEBI Registration No.: INR000000221
Koura Fine Diamond IPO Lead Manager
GYR Capital Advisors Private Limited
Registered Office: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor Grievance e-mail: investors@gyrcapitaladvisors.com
Contact Person: Mohit Baid
SEBI Registration Number: INM000012810
CIN: U67200GJ2017PTC096908
Koura Fine Diamond IPO FAQs
What is the lot size of Koura Fine Diamond Jewelry IPO?
The total size of Koura Fine Diamond Jewelry IPO is ₹5.50 crores and this is a complete fresh Issue.
When will Koura Fine Diamond Jewelry IPO start?
Koura Fine Diamond Jewelry IPO will open from 6 March 2024 and IPO will close on 11 March 2024.
What is the open date of Koura Fine Diamond Jewelry IPO?
Koura Fine Diamond Jewelry IPO will open date from 6 March 2024.
What is the last date ( close date ) of Koura Fine Diamond Jewelry IPO?
Koura Fine Diamond Jewelry IPO will close from 11 March 2024.
What is the price band of Koura Fine Diamond Jewelry IPO?
Koura Fine Diamond Jewelry IPO price band is ₹55.
What is the minimum amount required to apply for Koura Fine Diamond Jewelry IPO?
The minimum investment for retailers to apply for Koura Fine Diamond Jewelry IPO is ₹110,000 and the maximum investment is ₹110,000.
What is going on gray market premium of Koura Fine Diamond Jewelry IPO?
View gray market premium of Koura Fine Diamond Jewelry IPO by Clicking Here
How much is the GMP of Koura Fine Diamond Jewelry IPO?
Watch Koura Fine Diamond Jewelry IPO GMP Today: Click Here
What is the allotment date of Koura Fine Diamond Jewelry IPO?
The allotment date of Koura Fine Diamond Jewelry IPO is 12 March 2024.
How to check allotment status in Koura Fine Diamond Jewelry IPO?
To check the allotment status of Koura Fine Diamond Jewelry IPO, first of all go to the registrar website by clicking here, select your bad Koura Fine Diamond Jewelry IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Koura Fine Diamond Jewelry IPO?
The listing date of Koura Fine Diamond Jewelry IPO is 14 March 2024.
How much will be the listing gain in Koura Fine Diamond Jewelry IPO?
View listing gain of Koura Fine Diamond Jewelry IPO by Clicking Here
How much time Koura Fine Diamond Jewelry IPO is subscribed?
Total 733.01 times subscribed in Koura Fine Diamond Jewelry IPO out of which 1,083.98 times subscription was done in retail quota, 373.66 times subscription in other quota.
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