Kabra Jewels IPO subscription started on Wednesday, 15th January 2025, and will close on January 17, 2025, as per the schedule. The price band is set at ₹121 to ₹128 per share with a face value of ₹10.
Kabra Jewels IPO Subscription Status
Kabra Jewels Subscribed over 356.02x on its last day till 5.00 PM on 17th January 2025.
- Kabra Jewels IPO subscription QIB investors portion is 154.53 times, while NII subscribed 556.9 times and RII investors subscribed 384.9 times.
- The company has received bids for 70,70,65,000 shares against 19,86,000 shares on offer on the last day of subscription.
- Kabra Jewels IPO subscribed over 50.94x on its second day.
- Kabra Jewels IPO subscribed over 12.42x on its First day.
About Kabra Jewels Company
Kabra Jewels Private Limited is a non-government company that was established on July 21, 2010, and started a business of manufacturing and trading gold and diamond jewelry including jadau or antique jewelry made of vilandi and precious stones which are useful for bridal collections. They have five showrooms in Gujrat4 and also they have a main deal with retail customers. Moreover, they have the K.K. Jewels brand which sells diamonds and gold jewelry also sells loose solitaire by the brand “ Only Solitaire”. They offer jewelry for different occasions, with wedding jewelry being their best-selling category, as well as daily-wear jewelry. Further, The company has a main focus on high-value bridal jewelry, offering Gold Jadtar, Diamond, and Polki Meena jewelry. One of its stores specializes in silver jewelry. Financially, this company has 164. 24 Cr revenue portion and PAT(Profit After Tax)9.39 Cr. respectively.
Kabra Jewels Financial Report
The company reported revenue of ₹164.24 crores in 2024 against ₹122.34 crore in 2023. The company reported profit of ₹9.40 crores in 2024 against profit of ₹4.41 crores in 2023.
Kabra Jewels IPO GMP:
Kabra Jewels IPO GMP was ₹105 as of Friday, 17 January 2025. That indicates the IPO is trading at ₹233 with ₹105 premium in the grey market against the issue price of ₹128.