
Emerging SME Services · BSE
Koura Fine Diamond Jewelry Limited, established on March 25, 2022, is an emerging player in the jewelry industry, specializing in the manufacturing of diamonds and precious and semiprecious stones, including industrial-grade and synthetic variants. Headquartered at Iscon Emporium, Satellite, Ahmedabad, Gujarat, the company operates primarily from its Ahmedabad unit, ensuring high-quality craftsmanship in its fine diamond jewelry offerings. Despite its recent inception, Koura Fine Diamond Jewelry Limited has swiftly positioned itself as a micro-enterprise in the financial year 2021-22, demonstrating its potential for growth and market expansion. With a commitment to excellence and precision, the company continues to carve a niche in the luxury jewelry sector.
Price Band
₹55
Issue Size
₹5.50 Cr
Lot Size
2000 shares
GMP
+109.1%
Est. Listing
₹115
at current GMP
Subscribed
733.08x
overall
Open
6 Mar 2024
Close
11 Mar 2024
Allotment
13 Mar 2024
Refund
14 Mar 2024
Demat Credit
15 Mar 2024
Listing
14 Mar 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
13 Mar 2024
Basis finalization
Refunds Initiate
14 Mar 2024
Mandate release
Demat Credit
15 Mar 2024
Shares in demat
Listing Debut
14 Mar 2024
Trading begins
Koura Fine Diamond Jewelry Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹5.5 Crores. The shares are offered at a price band of ₹55 to ₹55 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-15, while un-allotted funds or UPI block mandates will be released on 2024-03-14.
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.