214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Shoora Designs IPO (Shoora Designs Limited IPO) Detail

Shoora Designs Limited is an Jewellery based company, located in Surat, Shoora Designs Limited IPO size was 2.03 Cr. and was issued at 48.00 per share. The share of Shoora Designs Limited were listed at 95.76 per share and are currently trading at 58.80 per share.

Type :
Sub Sector : Manufacturing And Trading Of Diamonds
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
2.11 Cr.

PAT :
0.12 Cr.

Pricing Report

Issue Price :
48.00

Listing Price :
95.76

Current Market Price :
58.80

Issue Price vs CMP :
10.8 (22.50%)

listing Price vs CMP :
36.96 (38.60%)

Performance Report (CAGR* wise)

CAGR : 10.06
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Shoora Designs

Company Information
Shoora Designs was incorporated in the year 2021 and was engaged in the business of ‘Textiles & Apparel’ Industry and ‘Apparel & Accessories’. However, thereafter in the following year, the object of the Company was amended to manufacturing and trading of diamonds and jewelleries. Since, the year of 2022, the Company is engaged in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and is out-souring the process of cleaving, laser cutting, and polishing from local job-workers in the domestic market of Surat, and is selling of the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra. A substantial majority of their cut and polished diamonds are
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Object of Issue
  • Working capital requirements
  • General Corporate Purposes

Shoora Designs SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Aug, 2023
IPO Size :
2.03 Cr.
Market Cap :
7.19 Cr.   
IPO Subscription :
64.52 X     
PE Multiple :
63.16
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FAQs

Shoora Designs operates in Jewellery and Manufacturing And Trading Of Diamonds. The Issue is listed on BSE SME in Aug, 2023. Shoora Designs IPO size was 2.03 Cr. with Issue price of 48.00 .

Shoora Designs IPO subscription was 64.52 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.

Shoora Designs IPO listed at a listing price of 95.76 against the offer price of 48.00.

The current market price of Shoora Designs is 58.80.

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