58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Koura Fine Diamond Jewelry Limited IPO (Koura Fine Diamond Jewelry IPO) Detail

Koura Fine Diamond Jewelry IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Jewellery sector. GYR Capital Advisors Private is the merchant banker of Koura Fine Diamond Jewelry IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2023.

Koura Fine Diamond Jewelry IPO open date is 6th March 2024 and close date is 11th March 2024. IPO Allotment Date is 12th March 2024 and Listing date is 14th March 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Koura Fine Diamond Jewelry IPO Date

Date of DRHP:
19th July 2023
IPO Allotment Date:
12th March 2024
IPO Open Date:
6th March 2024
Initiation of Refund:
13th March 2024
IPO Closing Date:
11th March 2024
IPO Listing Date:
14th March 2024

Koura Fine IPO Info, Size, Subscription

Koura Fine Diamond Jewelry IPO size is Rs 5.50 Cr. crores with IPO price of Rs 55.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 5.50 Cr.

Issue Price:
₹ 55.00

Market Capitalisation :
₹ 19.81 Cr.

PE multiple :
58.23

Subscription :
733.01 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
72.23%

Koura Fine Diamond Jewelry IPO Information

Sub Sector : wholesales gold and diamond jewelry
Koura Fine Diamond Jewelry is a jewellery wholesaler in the jewellery industry having experienced entrepreneurs as their Promoters with more than 20 years. The Company is engaged in the business of supplying jewellery to retail jewellers, mainly gold and diamond jewellery. Their jewelleries are manufactured on a job work basis. They commenced their business through sole praetorship firm “M/s Aurum Jewels” in 2002 which was subsequently converted into public Company in March 13, 2023. They deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. They are a well-known and trusted jewellery wholesaler. Since the system of hallmarking is legally introduced, the company deals only in jewellery certified by Hallmark; for gold jewellery
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Object of Issue (Koura Fine IPO Objectives)

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

GYR Capital Advisors Private Limited is the book-running lead manager of the Koura Fine Diamond Jewelry IPO. Kfin Technologies Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Koura Fine Diamond Jewelry IPO.

Koura Fine IPO Market Maker

Giriraj Stock Broking Private Limited

Koura Fine IPO Registrar (RTA)

Kfin Technologies Limited

Koura Fine IPO Lead Manager (BRLM)

GYR Capital Advisors Private Limited

Koura Fine Diamond Jewelry IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Koura Fine Diamond Jewelry IPO?

Koura Fine Diamond Jewelry IPO, based in Ahmedabad, operates in the   Jewellery sector with a focus on wholesales gold and diamond jewelry. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Koura Fine Diamond Jewelry IPO size is ₹ 5.50 Cr. Crores with fresh issue size of Rs 5.50 Cr. Crores and Offer for sale being Nil.

When is Koura Fine IPO allotment?

The IPO allotment date for Koura Fine Diamond Jewelry IPO is expected to be 12th March 2024, after the finalization of basis of allotment. Investors can check Koura Fine Diamond Jewelry IPO allotment status on the registrars website, Kfin Technologies Limited. Koura Fine Diamond Jewelry IPO refund dates are 13th March 2024.

When is Koura Fine Diamond Jewelry IPO listing date?

Koura Fine Diamond Jewelry IPO is expected to be listed on 14th March 2024.

What is the price band for Koura Fine IPO?

The upper price band for the Koura Fine Diamond Jewelry IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Koura Fine Diamond Jewelry IPO Review?

For IPO analysis on Koura Fine Diamond Jewelry IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Koura Fine Diamond Jewelry IPO?

To apply for the Koura Fine Diamond Jewelry IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th March 2024. After submission, funds are blocked until the basis of allotment of Koura Fine Diamond Jewelry IPO is finalised.

Who is the merchant banker of Koura Fine IPO?

The merchant banker for Koura Fine Diamond Jewelry IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Koura Fine Diamond Jewelry IPO RHP for further details.

Who is the Registrar of Koura Fine Diamond Jewelry IPO?

The registrar for Koura Fine Diamond Jewelry IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Koura Fine Diamond Jewelry IPO through their official website or helpline.

What is the Koura Fine Diamond Jewelry IPO subscription?

Koura Fine Diamond Jewelry IPO was subscribed 733.01 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 5.50 Cr. Avg IPO Size (Sector Based) : ₹ 15.86 Cr.
  • Sector: Jewellery SME IPO so far: 41
  • Merchant Banker: GYR Capital SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 11.12 cr.
            PAT: (annualised): ₹ 0.26 cr.
  • PE Ratio: 58.23x Average Sector PE Ratio: 25.29x
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FAQs

Koura Fine Diamond Jewelry IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Koura Fine Diamond Jewelry Financial Review Page

Koura Fine Diamond Jewelry IPO subscription was 733.01 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Koura Fine Diamond Jewelry IPO listed at a listing price of 78.63 against the offer price of 55.00.

The current market price of Koura Fine Diamond Jewelry is 28.50.

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