Kabra Jewels IPO
Kabra Jewels IPO
15th Jan 2025
17th Jan 2025
₹121 – ₹128
22nd Jan 2025
Ipo Subscription Figures
| Category | Reserved | Applied | Subscription |
|---|---|---|---|
Application Categories
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹128,000 |
| Retail (Max) | 1 | 1000 | ₹128,000 |
| S-HNI (Min) | 2 | 2000 | ₹256,000 |
| S-HNI (Max) | 7 | 7000 | ₹896,000 |
| B-HNI (Min) | 8 | 8000 | ₹1,024,000 |
Financial Data
Issue Size Details
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | ₹40 crores |
| Fresh Issue | ₹40 crores |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Repayment of borrowings | 10.00 (25%) |
| Working capital requirements | 22.00 (55%) |
| General corporate purposes | 8.00 (20%) |
Ipo Schedule
About Kabra Jewels
Kabra Jewels Limited, established in 2010 as “KK Jewels” by first-generation jeweler Mr. Kailash Kabra, specializes in designing and retailing exquisite gold, diamond, and silver jewelry. Initially incorporated as a private limited company, the firm transitioned to a public limited company in 2024. Operating six showrooms under the “KK Jewels” brand in Ahmedabad, Gujarat, the company offers an extensive range of ornaments, including wedding collections, coins, utensils, and artifacts. With a strong focus on design innovation, quality craftsmanship, and customer preferences, Kabra Jewels has become a trusted name in the Indian jewelry retail sector.
Strengths
- Established brand presence in the jewellery retail sector with a strong customer base.
- Expertise in designing innovative, customer-centric jewellery collections.
- Operates multiple showrooms under distinct sub-brands to cater to diverse customer preferences.
Risks
- High dependency on market trends and consumer preferences in the jewellery sector.
- Significant financial obligations due to borrowings impact financial stability.
- Exposure to fluctuations in gold and diamond prices, affecting profitability.
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