What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Koura Fine Diamond Jewelry Limited IPO?

Koura Fine Diamond Jewelry Limited IPO has received a total subscription of 733.08 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Koura Fine Diamond Jewelry Limited

ListedSME

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

₹60

+109.1%

Est. Listing

₹115

at current GMP

Subscribed

733.08x

overall

Open

6 Mar 2024

11 Mar 2024

Allotment

13 Mar 2024

Refund

14 Mar 2024

Demat Credit

15 Mar 2024

Listing

14 Mar 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

733.08x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

380.68x

High Net-Worth

Retail (RII)

1083.98x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 733.08x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	464,000	176,634,000	380.68x
RETAIL	466,000	505,134,000	1083.98x
Total	930,000	681,768,000	733.08x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1060.67x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	175	189,697	1083.98x
HNIs (10L +)	1	381	380.68x
HNIs (2-10L)	5	1,903	380.68x
Total Applications	181	191,981	1060.67x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Koura Fine Diamond Jewelry Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Koura Fine Diamond Jewelry Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Koura Fine Diamond Jewelry Limited IPO is ₹60 per equity share. Based on the upper price band of ₹55 to ₹55 per equity share, the estimated listing price is ₹115 (+109.1% expected listing gain).

What is the expected profit per lot for Koura Fine Diamond Jewelry Limited IPO?

With a lot size of 2000 shares and current GMP of ₹60, the expected profit per application lot is approx ₹1,20,000 (+109.1% gain). Minimum application cost is approx ₹1,10,000.

What is the issue size and price band for Koura Fine Diamond Jewelry Limited IPO?

The Koura Fine Diamond Jewelry Limited IPO aggregate issue size is ₹5.5 Crores with an equity price band set at ₹55 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.

How can I check Koura Fine Diamond Jewelry Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 733.08x (Retail: 1083.98x, QIB: 0.00x, NII: 380.68x). You can track live multiples directly on our dedicated subscription page.

Where and when will Koura Fine Diamond Jewelry Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-03-13. Investors can verify status using PAN card or application number.

When is the listing date for Koura Fine Diamond Jewelry Limited IPO?

Koura Fine Diamond Jewelry Limited shares are scheduled to list on BSE on 2024-03-14.