Kabra Jewels Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Kabra Jewels Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹128
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,28,000
Issue Size
₹40 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Kabra Jewels Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
89.12%
Promoter Holding (Post-Issue)
62.55%
Issue Type
Book Building - SME
ISIN
INE0XOW01017
About the Company
Our company operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments and our other offerings include gold and silver coins, utensils and other artifacts. Our Company, guided by our Promoters and their team, understands customer preferences and creates designs to meet their needs. Our primary expertise is in designing and we market our exclusive creations under the brand name "KK Jewels". We have a diverse product portfolio includes rings, earrings, pendants, bracelets, chains, necklaces, bangles and other wedding jewellery through which we cater a large number of customers. Our Company has 6 showrooms under the brand KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi and KK Jewels - Silver Studio, 3 offices and 1 exhibition centre located in the city of Ahmedabad. All of these showrooms are operated and managed by us, and has been taken on rental basis. For further details of our showrooms, office and exhibition centre refer section "Our Business - Our Location" on page no. 140. Our gold, diamond and other jewellery inventory in each showroom reflects customer preferences and designs. Our main strengths are our focus on design and innovation, our understanding of consumer preferences and market trends, the detail in our designs, and the quality of our products.
Industry Overview
The gems and jewellery industry is one of the most important sectors of the Indian economy, contributing about 7% to the GDP and employing over 5 million people. The industry is also a major source of foreign exchange earnings, accounting for about 15% of the total exports. The industry consists of various segments, such as gold, diamond, silver, platinum, and coloured gemstones, and caters to different markets, such as domestic, export, and tourism.
Company History
Our company was originally incorporated and registered as a private limited company under Companies Act, 1956 in the name and style of `Kabra & Malpani Jewels Private Limited, vide certificate of incorporation dated July 21, 2010 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of our Board dated May 10, 2012 and a resolution of our shareholders dated June 07, 2012, the name of our company was changed to `Kabra Jewels Private Limited' and a fresh certificate of incorporation dated June 28, 2012 was issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of our Board dated April 15, 2024 and a resolution of our shareholders dated May 11, 2024, our Company was converted into a public limited company under the companies Act, and consequently the name of our company was changed to `Kabra Jewels Limited' and a fresh certificate of incorporation dated August 5, 2024 issued by Registrar of Companies, Central Processing Centre.
Growth Strategy
- Innovation in Designing.
- Deepen and penetrate our existing customer relationships.
- Strengthen our Inventory Management practices.
- Enhance our product portfolio.
- Continue to invest in our marketing and brand building initiatives.
- Enhancing Operating Effectiveness and Efficiency.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 31,25,000 equity shares of face value of Rs. 10/- each ("equity shares") of Kabra Jewels Limited ("The Company" or "the Issuer") at an issue price of Rs. 128.00 per equity share (Including a share premium of 118.00 per Equity Share) for cash, aggregating up to Rs. 40.00 crores ("Public Issue") out of which 2,90,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128.00 per equity share for cash, aggregating Rs. 3.71 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 28,35,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128.00 per equity share for cash, aggregating up to Rs. 36.29 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 29.80 % and 27.04 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The floor price is 12.80 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Quality and Designing of our products.
- Established brand.
- We offer a diversified range of products.
- Experienced promoters with established track record of operations.
- Well established relationship with our artisans.
- The Company, Promoters and Directors are involved in certain legal proceedings. Any adverse outcome on such proceeding may affect its business, financial condition and reputation.
- The Company requires significant amount of working capital for continued growth. Its inability to meet the company working capital requirements, on commercially acceptable terms, may have an adverse impact on its business, financial condition and results of operations.
- If the company is unable to effectively manage its retail network and operations or pursue the company growth strategy, its may not achieve the company expected levels of profitability which may adversely affect its business prospects, financial condition and results of operations.
- Business Risk Due to Geographic Concentration.
- The company does not own the registered office and showrooms from which its carry out the company business activities. Any dispute in relation to use of these premises would have a material adverse effect on its business and results of operations.