Koura Fine Diamond Jewelry Limited IPO
- IPO Date06 Mar, 2024 to 11 Mar, 2024
- Listing Date14 Mar, 2024
- Face Value₹10 per share
- Issue Price₹55 to ₹55 per share
- Lot Size2000 Shares
- Minimum Investment₹1,10,000
- Listing AtBSE SME
- Total Issue Size10,00,000 Shares
(aggregating up to ₹5.50 Cr) - Fresh Issue10,00,000 Shares
(aggregating up to ₹5.50 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue26,01,500
- Shareholding post issue36,01,500
IPO Dates
Closing Date
11 Mar, 2024
Initiation of Refunds
13 Mar, 2024
Listing Date
14 Mar, 2024
06 Mar, 2024
Opening Date
12 Mar, 2024
Basis of Allotment
13 Mar, 2024
Credit of Shares
Koura Fine Diamond Jewelry Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| HNI (Min) | 2 | 4000 | ₹2,20,000 |
Koura Fine Diamond Jewelry Limited Promoter Holding
The promoter of the Company is Kamlesh Keshavlal Lodhiya
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.23% |
Koura Fine Diamond Jewelry Limited COMPANY INFORMATION
Koura Fine Diamond Jewelry IPO is a fixed price issue of Rs 5.50 crores. The issue is entirely a fresh issue of 10 lakh shares. Koura Fine Diamond Jewelry IPO bidding opened for subscription on March 6, 2024 and will close on March 11, 2024. The allotment for the Koura Fine Diamond Jewelry IPO is expected to be finalized on Tuesday, March 12, 2024. Koura Fine Diamond Jewelry IPO will list on BSE SME with tentative listing date fixed as Thursday, March 14, 2024. Koura Fine Diamond Jewelry IPO price is ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000. GYR Capital Advisors Private Limited is the book running lead manager of the Koura Fine Diamond Jewelry IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Koura Fine Diamond Jewelry IPO is Giriraj Stock Broking. Refer to Koura Fine Diamond Jewelry IPO RHP for detailed information.
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.
FAQs About Koura Fine Diamond Jewelry Limited Ipo
Koura Fine Diamond Jewelry Limited IPO will open on 06 Mar, 2024 and close on 11 Mar, 2024. Investors must apply within this period to participate.
The Koura Fine Diamond Jewelry Limited IPO price band is set between ₹55.00 and ₹55.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹110000.00.
The Koura Fine Diamond Jewelry Limited IPO shares are expected to be listed on 14 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Koura Fine Diamond Jewelry Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Koura Fine Diamond Jewelry Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.