Issue Price
₹55
Per Share
GMP
NIL
Grey Market
Est. Listing
₹55
Expected Price
Min. Application
₹220,000
2 lots × 2000 shares
Incorporated in March 2022, Koura Fine Diamond Jewelry Limited wholesales gold and diamond jewelry. The company offers 22 Karat Gold and 18 Karat Diamond jewellery.The company deals exclusively in jewelry that is certified by the Hallmark. For gold jewelry, the company obtains certification from the Bureau of Indian Standards (BIS) with 91.6% certifications for 22 Karat and from the International Gemmological Institute, India, and (BIS) with 75% certifications for 18 Karat diamond jewelry.The company has been successfully operating in Gujarat and Odisha, both in the western and eastern regions.As of December,31st, 2023, the company has a total strength of 08 employees in various departments.
Koura Fine Diamond Jewelry Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 70,000 | — | ₹0.39 Cr | — |
| TOTAL | 1,000,000 | 100.00% | ₹5.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| sNII (Min) | 14 | 28,000 | ₹1,540,000 |
| bNII (Min) | 68 | 136,000 | ₹7,480,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 601.84 | 556.35 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 17.01 | 13.41 | N/A |
| Net Worth | 286.06 | 269.06 | N/A |
| Total Assets | 352.53 | 327.34 | N/A |
| Reserves & Surplus | 25.91 | 221.76 | N/A |
| Total Borrowings | 48.84 | 51.80 | N/A |