Koura Fine Diamond Jewelry IPO Details, Date, Review, Price

Koura Fine Diamond Jewelry IPO Details, Date, Review, Price

OUR BUSINESS

We are a jewellery wholesaler in the jewellery industry having experienced entrepreneurs as our Promoters with more than 20 years. Koura Fine Diamond Jewelry IPO is engaged in the business of supplying jewellery to retail jewellers, mainly gold and diamond jewellery. Our jewelleries are manufactured on a job work basis. We commenced our business through sole praetorship firm “M/s Aurum Jewels” in 2002 which was subsequently converted into public Company in March 13, 2023.

We deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery.We are a well-known and trusted jewellery wholesaler. Since the system of hallmarking is legally introduced, our company deals only in jewellery certified by Hallmark; for gold jewellery we get it certified from the Bureau of Indian Standards (BIS) and 91.6% certifications for 22 Karat and International Gemmological Institute, India, and (BIS) 75% certifications for 18 Karat diamond jewellery we get it certified from. Further, in 2018 our Company ventured into 750 certified and BIS-hallmarked diamond jewellery.

Mr. Kamlesh Keshavlal Lodhiya is the promoter of our company, and he has than 20 years of experience in the Gold jewellery business.  He is a second-generation jeweller who took the business forward with a wholesale unit in Ahmedabad. In a span of 20 years, he established a reputed name for our company in the wholesale gold jewellery market, especially among the retail jewellers, and also for the last 5 years we are simultaneously doing business in the Diamond jewellery segment also.

KOURA FINE DIAMOND JEWELRY IPO DATE & PRICE BAND DETAILS

IPO Open DateMar 6, 2024
IPO Close DateMar 11, 2024
IPO SizeApprox ₹5.50 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band ₹55 Per Every Share
IPO Listing OnBSE SME
IPO Retail Quota50%
IPO QIB Quota%
IPO NII Quota50%

KOURA FINE DIAMOND JEWELRY IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum12000₹110,000
Retail Maximum12000₹110,000
S-HNI Minimum24000₹220,000

OBJECTS OF ISSUE

  • Funding the working capital requirements of the company.
  • General Corporate Purposes.

KOURA FINE DIAMOND JEWELRY IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMar 6, 2024
IPO Close DateMar 11, 2024
Basis of AllotmentMar 12, 2024
RefundsMar 13, 2024
Credit to Demat AccountMar 13, 2024
IPO Listing DateMar 14, 2024

KOURA FINE DIAMOND JEWELRY FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
Sept 2023₹6.02 ₹5.79 ₹0.17
2022 ₹5.56 ₹5.38 ₹0.13

OUR PROMOTERS

  • Kamlesh Keshavlal Lodhiya

QUALITATIVE FACTOR

  • Experienced Management team having domain knowledge to scale up and expand into new opportunities.
  • Wide product portfolio addressing the needs of varied customers across the industry.
  • Dedicated technical & functional team to provide solutions to our customers.
  • Extensive Sales and distribution network.
  • Experience of handling large & complex projects.
  • Multi-year relationships with most customers.
  • Improving operational efficiency.

KOURA FINE DIAMOND JEWELRY LIMITED COMPANY CONTACT DETAILS

304, ISCON Emporio, B/S Star India Bazar
Nr. Jodhpur Cross Road, Satellite,
Ahmedabad, Gujarat- 380015 India.
Telephone No.: +91 7016302567
E-mail: Info@kouradiamondjewelry.com
Investor grevience id: Info@kouradiamondjewelry.com
Website: www.kouradiamondjewelry.com

KOURA FINE DIAMOND JEWELRY LIMITED IPO REGISTAR

KFin Technologies Limited
Selenium, Tower B, Plot No –31 and 32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad, 500 032
Telangana, India
Telephone: + 91 40 6716 2222/ 18003094001
Email: epack.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna

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