The Shoora Designs IPO commenced on August 17, 2023, and concluded on August 21, 2023. The allotment of shares took place on August 24, 2023, and the initiation of refunds began on August 25, 2023. The shares were credited to the demat accounts of investors on August 28, 2023. Finally, the listing of Shoora Designs on the stock exchange occurred on August 29, 2023.
The Shoora Designs IPO was priced at ₹48 per share, with a lot size of 3000. The total issue size was ₹2.03 crores, comprising a fresh issue of ₹2.03 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Shoora Designs IPO Basic Details
|Company Name||Shoora Designs Limited|
|Domain of Company||Manufacturing and Trading Diamonds and Jewelry|
|Shoora Designs IPO GMP Today||₹12|
|Shoora Designs IPO Listing Gain||25.00%|
|Shoora Designs IPO Open Date||August 17, 2023|
|Shoora Designs IPO Close Date||August 21, 2023|
|Shoora Designs IPO Allotment Date||August 24, 2023|
|Shoora Designs IPO Listing Date||August 29, 2023|
|Face Value||₹10 per share|
|Price||₹48 per share|
|Lot Size||3000 Shares|
|Issue Size||424,000 shares|
(aggregating up to ₹2.03 Cr)
|Fresh Issue||424,000 shares|
(aggregating up to ₹2.03 Cr)
|Issue Type||Fixed Price Issue IPO|
|Listing At||BSE SME|
|Company Promoters||Mr. Satish K Kansodariya,|
Mrs. Sejalben Satish Kansodariya And
Mr. Rajeshbhai Labhubhai Mer
Shoora Designs IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|28 August 2023||₹12||25.00%||–||–|
|27 August 2023||₹12||25.00%||–||–|
|26 August 2023||₹0||0.00%||–||–|
|25 August 2023||₹0||0.00%||–||–|
|24 August 2023||₹0||0.00%||–||–|
|23 August 2023||₹0||0.00%||–||–|
|22 August 2023||₹0||0.00%||–||–|
|21 August 2023||₹0||0.00%||–||–|
|20 August 2023||₹0||0.00%||–||–|
|19 August 2023||₹0||0.00%||–||–|
|18 August 2023||₹0||0.00%||–||–|
|17 August 2023||₹0||0.00%||–||–|
|16 August 2023||₹0||0.00%||–||–|
|15 August 2023||₹0||0.00%||–||–|
|14 August 2023||₹0||0.00%||–||–|
|13 August 2023||₹0||0.00%||–||–|
|12 August 2023||₹0||0.00%||–||–|
|11 August 2023||₹0||0.00%||–||–|
Shoora IPO Details:
Established in 2021, Shoora Designs Limited specializes in the production and trade of diamonds and jewelry. The company primarily crafts natural diamonds and jewelry, with a specific focus on Natural Lab Grown Diamonds and Jewelry.
Shoora procures its natural diamonds from suppliers and delegates cleaving, laser cutting, and polishing tasks to local artisans in Surat’s domestic market. Internal teams handle the planning and mapping of rough diamonds. Its main clientele consists of wholesalers and retailers, primarily centered in Surat, Gujarat, and Mumbai, Maharashtra.
Shoora Designs’ jewelry is available both offline and through online platforms. For the nine-month period concluding on March 31, 2023, the company reported revenue from operations amounting to Rs. 105.58 lakh. Additionally, for the Financial Year ending on March 31, 2022, the company recorded revenue of Rs. 162.58 lakh.
Shoora Designs IPO More Details Click Here
Shoora Designs IPO FAQs
When is Shoora Designs IPO open?
Shoora Designs IPO will open on 17 August 2023.
When is Shoora Designs IPO Close?
Shoora Designs IPO will be closed on 21 August 2023.
What is Shoora Designs IPO GMP Today?
The Shoora Designs IPO GMP aka Grey Market Premium is ₹12.
What is Shoora Designs IPO Kostak Rates Today?
The Shoora Designs IPO Kostak Rate is ₹000.
What is Shoora Designs IPO Subject to Sauda Price Today?
The Shoora Designs IPO subject to sauda rates is ₹000.
Shoora Designs IPO Expected Returns?
The Shoora Designs expected return is 25.00%.
How much will be the listing gain in Shoora Designs IPO?
Shoora Designs IPO will get listing gain of 25.00%. (Approx.)