Kabra Jewels IPO Details: Key Financials, GMP and Market Insights!
Kabra Jewels Limited, a popular jewelry retailer from Ahmedabad, is set to launch its IPO from January 15 to January 17, 2025. The company plans to raise ₹40 crore by offering 31.25 lakh equity shares at a price range of ₹121 to ₹128 per share. Although the Grey Market Premium data is yet to be revealed, the IPO has already caught the attention of investors thanks to the company’s steady financial growth. In the last financial year, Kabra Jewels earned ₹164 crore in revenue and a profit of ₹9.4 crore, showing its strong foothold in the market.
Known for its beautiful gold, diamond, and silver jewelry collections, Kabra Jewels caters to bridal, festive, and everyday wear needs through its six showrooms. The company plans to use the IPO funds to repay debts, manage working capital, and support general business purposes. With the shares set to list on January 22, 2025, on the NSE SME platform, investors should closely watching the financials and market sentiment for identifying signs of a strong debut.
Kabra Jewels IPO Details
| Details | Information |
|---|---|
| IPO Opening Date | January 15, 2025 |
| IPO Closing Date | January 17, 2025 |
| Price Band | ₹121 to ₹128 per share |
| Issue Size | 31.25 lakh equity shares (₹40 Cr) |
| Offer for Sale (OFS) | Not applicable |
| IPO Type | Book-built issue |
| Investor Quotas | QIB (50%), NII (15%), RII (35%) |
| Basis of Allotment | January 20, 2025 |
| Refunds Initiation | January 21, 2025 |
| Shares Credit to Demat | January 21, 2025 |
| Listing Date | January 22, 2025 |
| Listing Platform | NSE SME |
Kabra Jewels IPO Objective
Kabra Jewels Limited has set clear goals for its upcoming IPO, aiming to strengthen its financial position and support future growth. Here’s how the company plans to use the funds:
- Repaying Loans: Part of the money raised will go toward paying off some of the company’s existing loans. This will help reduce debt and improve the company’s financial health.
- Working Capital: A portion of the funds will be used to meet daily business needs, like managing inventory and ensuring smooth operations.
- General Business Expenses: The remaining funds will be used for general corporate purposes, giving the company flexibility to invest in strategic initiatives or address operational needs as they arise.
Kabra Jewels IPO DHRP
Analyzing the DRHP of Kabra Jewels is essential to making an informed decision about the IPO. By carefully evaluating the company’s financial health, management, business model, and market position, you can better analyze whether the IPO presents a good investment opportunity. Make sure to consider the use of proceeds, risks involved, and the company’s valuation relative to industry peers to form a well rounded opinion.
About Kabra Jewels Limited
Kabra Jewels Limited is a popular jewelry retailer based in Ahmedabad, Gujarat, known for its beautifully designed and high-quality jewelry. The company operates six showrooms under different brand names, catering to customers with a wide variety of preferences. Over the years, Kabra Jewels has built a strong reputation for combining traditional craftsmanship with modern designs, making it a go-to destination for festive, bridal, and everyday jewelry needs.
Products and Services
Kabra Jewels offers a wide range of jewelry to suit different occasions and tastes:
- Gold Jewelry
- Elegant gold pieces, perfect for festivals, weddings, and special occasions.
- Lightweight designs ideal for daily wear.
- Diamond Jewelry
- Stunning diamond-studded collections, designed for bridal wear and celebrations.
- Silver Ornaments
- A variety of silver jewelry and decorative items, popular for gifting and cultural occasions.
- Bridal Jewelry
- Exclusive collections that blend tradition and elegance, crafted especially for weddings.
- Everyday Wear Jewelry
- Stylish yet simple designs, offering comfort and charm for daily use.
Kabra Jewels is known for its focus on quality and customer satisfaction. Its wide product range, coupled with a keen understanding of modern and traditional styles, has helped the brand become a trusted name in the jewelry market.
Kabra Jewels Wikipedia – No Information
Kabra Jewels – https://www.kabrasjewels.com
Kabra Jewels Limited: Financial Performance (Figures in Crore)
| Term | Total Assets (₹ Cr) | Total Revenue (₹ Cr) | Profit After Tax (PAT) (₹ Cr) | EBITDA (₹ Cr) |
|---|---|---|---|---|
| November 2024 | 169.43 | 125.48 | 8.81 | 14.10 |
| 2024 | 140.56 | 164.24 | 9.40 | 15.95 |
| 2023 | 113.07 | 122.34 | 4.41 | 11.23 |
| 2022 | 74.01 | 112.13 | 5.40 | 10.50 |
- Revenue Growth: The company has shown a steady increase in revenue over the years, indicating robust demand for its products.
- Profitability: Kabra Jewels has maintained consistent profitability, with its PAT increasing significantly in FY 2023 and FY 2024.
- Asset Growth: The rise in total assets reflects the company’s expanding operations and investments in growth opportunities.
- Operational Efficiency: The company’s EBITDA figures highlight its focus on cost management and operational efficiency.
Pravin Bhosale
Since stepping into the world of trading in 2019, i have gained valuable experience navigating the markets, have knowldge in indices like Bank Nifty, Nifty IT, Sensex, Bankex, and Finifty. Also have sound knowldge about IPO industry & ipo process. our blog aims to make finance approachable, offering practical insights for readers to better understand and act on market trends.
Kabra Jewels IPO: Top 5 FAQs
- What is the price band for the Kabra Jewels IPO?
The price band for the IPO is set between ₹121 and ₹128 per equity share. - What is the issue size of the Kabra Jewels IPO?
The total issue size is ₹40 crore, which includes fresh issuance of shares. - What is the lot size for Kabra Jewels IPO?
The minimum lot size is 1,000 equity shares, requiring an investment of ₹1,28,000 at the upper price band. - When will the Kabra Jewels IPO open and close?
The IPO will open on January 15, 2025, and close on January 17, 2025. - What are the key objectives of the IPO?
The funds raised will be used for repayment of borrowings, meeting working capital requirements, and for general corporate purposes.