
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
Overall Subscription
310.79x
Total Demand
QIB Multiplier
154.53x
Institutions & Funds
NII / HNI
557.58x
High Net-Worth
Retail (RII)
384.90x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 567,000 | 87,617,000 | 154.53x |
| NIB | 426,000 | 237,529,000 | 557.58x |
| RETAIL | 993,000 | 382,209,000 | 384.90x |
| Total | 1,986,000 | 707,355,000 | 310.79x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 106 | 0.00x |
| NIB | — | 31,000 | 0.00x |
| RETAIL | — | 382,209 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Kabra Jewels Limited IPO is ₹110 per equity share. Based on the upper price band of ₹121 to ₹128 per equity share, the estimated listing price is ₹238 (+85.9% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹110, the expected profit per application lot is approx ₹1,10,000 (+85.9% gain). Minimum application cost is approx ₹1,28,000.
The Kabra Jewels Limited IPO aggregate issue size is ₹40 Crores with an equity price band set at ₹121 to ₹128 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,28,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 310.79x (Retail: 384.90x, QIB: 154.53x, NII: 557.58x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-01-20. Investors can verify status using PAN card or application number.
Kabra Jewels Limited shares are scheduled to list on NSE on 2025-01-22.