
Consumer Discretionary · NSE
Kabra Jewels Limited, founded in 2010, is a retail jewelry business offering a wide variety of gold, diamond, and silver ornaments for all occasions—from everyday wear to special events like weddings, which are their top-selling items. The company operates six showrooms in Ahmedabad under different KK Jewels brands, along with three offices and an exhibition center. Kabra Jewels runs two business models: sourcing standard designs from vendors and creating custom jewelry based on customer requests or in-house designs, using skilled artisans. Their product range includes rings, necklaces, bangles, earrings, pendants, and more. As of November 30, 2024, the company employs 121 people.
Price Band
₹121 – ₹128
Issue Size
₹40.00 Cr
Lot Size
1000 shares
GMP
+85.9%
Est. Listing
₹238
at current GMP
Subscribed
310.79x
overall
Open
15 Jan 2025
Close
17 Jan 2025
Allotment
20 Jan 2025
Refund
21 Jan 2025
Demat Credit
22 Jan 2025
Listing
22 Jan 2025
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
20 Jan 2025
Basis finalization
Refunds Initiate
21 Jan 2025
Mandate release
Demat Credit
22 Jan 2025
Shares in demat
Listing Debut
22 Jan 2025
Trading begins
Kabra Jewels Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹40 Crores. The shares are offered at a price band of ₹121 to ₹128 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,28,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-22, while un-allotted funds or UPI block mandates will be released on 2025-01-21.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.