Koura Fine Diamond Jewelry is engaged in the wholesale business of gold and diamond jewelleries. Their Promoter has a history spanning over two decades in the Indian Jewellery Industry. The Company sale wide range of jewellery products, including gold jewellery and diamond jewellery. Their business model is B2B. They deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. They believe that they are a well-known and trusted jewelry wholesaler.
Since the system of hallmarking was legally introduced, the 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 they get it certified from. Further, in 2018 their Company ventured into 750 certified and BIS-hallmarked diamond jewellery. They offer a diverse range of jewellery products and are dedicated to designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings, and earrings.
They source finished jewellery from third-party artisans located across India. Additionally, they also supply raw materials i.e. gold bullion/bars to artisans for making their jewelry on a job-work basis in Ahmedabad, Mumbai, Rajkot, and Surat. Their constant endeavor is to maintain the highest standard and quality of our gold, and diamonds used in their jewel pieces.
Objects of the Issue:
- Funding the working capital requirements of the company.
- General Corporate Purposes
Koura Fine Diamond Jewelry IPO Review
- Apply
Koura Fine Diamond Jewelry IPO Date & Price Band Details
| IPO Open: | March 6, 2024 |
| IPO Close: | March 11, 2024 |
| IPO Size: | Approx ₹5.50 Crores, 1,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Koura Fine Diamond Jewelry IPO Market Lot
The Koura Fine Diamond Jewelry IPO minimum market lot is 2000shares with a ₹110,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹110,000 |
| Retail Maximum | 1 | 2000 | ₹110,000 |
| S-HNI Minimum | 2 | 4000 | ₹220,000 |
Koura Fine Diamond Jewelry IPO Dates
The Koura Fine Diamond Jewelry IPO date is March 6 and the IPO close date is March 11. The IPO allotment date is March 12 and the IPO might list on March 14.
| IPO Open Date: | March 6, 2024 |
| IPO Close Date: | March 11, 2024 |
| Basis of Allotment: | March 12, 2024 |
| Refunds: | March 13, 2024 |
| Credit to Demat Account: | March 13, 2024 |
| IPO Listing Date: | March 14, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Koura Fine Diamond Jewelry IPO Form
How to apply Koura Fine Diamond Jewelry IPO? You can apply Koura Fine Diamond Jewelry IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Koura Fine Diamond Jewelry IPO in the Invest section. The other option you can apply Koura Fine Diamond Jewelry IPO via IPO forms download via the BSE website. Check out the Koura Fine Diamond Jewelry forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Koura Fine Diamond Jewelry Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹5.56 | ₹5.38 | ₹0.13 |
| Sep 2023 | ₹6.02 | ₹5.79 | ₹0.17 |
Koura Fine Diamond Jewelry IPO Valuation – FY2023
Check Koura Fine Diamond Jewelry IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹55.84 per Equity Share |
| Price/Earning P/E Ratio: | 0.98 |
| Return on Net Worth (RoNW): | 6.74% |
| Net Asset Value (NAV): | ₹56.88 per Equity Share |
Peer Group
- Ashapuri gold ornament Limited
- Vaibhav Global Limited
- Tribhovandas bhimji Zaveri Limited
Company Promoters
- Kamlesh Keshavlal Lodhiya
Koura Fine Diamond Jewelry IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Koura Fine Diamond Jewelry IPO Allotment Status
Check Koura Fine Diamond Jewelry IPO allotment status on Kfin Technologies website URL. Click Here
Koura Fine Diamond Jewelry IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Koura Fine Diamond Jewelry Limited
304, Iscon Emporio
B/S Star India Bazar Nr. Jodhpur
Cross Road, Satellite Ahmedabad, 380015
Phone: +91 7016302567
Email: [email protected]
Website: https://kouradiamondjewelry.com/
