Kabra Jewels IPO GMP Live, Open Date, Close Date, Price Band

Kabra Jewels IPO open date is from January 15, 2025 to January 17, 2025. This new IPO is a book-built issue worth up to Rs 40 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 31.25 lakh equity shares. 

Kabra Jewels sme IPO price band is Rs 121 – Rs 128 per share. As of now, Kabra Jewels IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Kabra Jewels sme IPO lot size is 1000 shares, and the allotment status is finalised on Monday, January 20, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,28,000. The registrar for Kabra Jewels IPO is Cameo Corporate Services Limited. The listing date of this IPO is Wednesday, January 22, 2025.

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Kabra Jewels IPO GMP Live

Kabra Jewels IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 128 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Kabra Jewels IPO GMP might rise in the coming days. Kabra Jewels IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in Kabra Jewels IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Kabra Jewels IPO Price Band

Kabra Jewels IPO price band is Rs 121 – Rs 128 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,28,000 (128 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,56,000 (128 x 2000 shares).

Kabra Jewels Allotment Status

Kabra Jewels IPO Allotment status will be available on its registrar Cameo Corporate Services Limited website on Monday, January 20, 2025, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Kabra Jewels Listing Date

Kabra Jewels IPO listing date has been decided on Wednesday, January 22, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Kabra Jewels IPO: Listing Date, Lot Size, Issue Size, Price Band

Kabra Jewels IPO: About the Company

Kabra Jewels Limited, established in 2010 as Kabra & Malpani Jewels Private Limited, is a one of a key player in the retail jewellery sector based in Ahmedabad, Gujarat. 

Originally operating as "KK Jewels," the company transitioned to a public limited company in 2024. Kabra Jewels specialises in a wide array of gold, diamond, and silver ornaments, including exclusive wedding jewellery and loose solitaires marketed under the "Only Solitaires" brand. 

With 6 showrooms and a commitment to quality, the company emphasizes innovative designs crafted by skilled artisans. Kabra Jewels aims to enhance its market presence through an upcoming IPO scheduled for January 2025, reflecting its growth ambitions in India's thriving jewellery market.

Kabra Jewels IPO Objectives

Kabra Jewels's IPO objectives include utilising the funding received from the fresh issue for various objectives, including repayments of certain borrowings availed by the company in part or full and to meet working capital requirements. Further to meet general corporate purposes.

Kabra Jewels IPO: Key Dates, Allotment, Listing Date

Kabra Jewels IPO Subscription status, IPO Reservation

Kabra Jewels IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Kabra Jewels IPO Lot Size Details

Kabra Jewels IPO lot size is set at 1000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,28,000 (128 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,56,000 (128 x 2000 shares).

Kabra Jewels IPO Promoter Holdings

Kabra Jewels IPO promoters are Kailash Kabra and Jyothi Kailash. The promoter's combined shareholdings before the IPO were 89.12%; however, post-IPO, their shareholdings will decline to 62.55%.

Kabra Jewels Limited Financials (Amt in Lakhs) 

Lead Manager and Registrar of Kabra Jewels IPO

Kabra Jewels, IPO lead manager is Marwadi Chandarana Intermediaries Brokers Private Limited. The company has appointed Cameo Corporate Services Limited as the registrar for this public issue.

How to apply to the Kabra Jewels IPO

Interested investors who want to apply to the Kabra Jewels IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Kabra Jewels IPO FAQs

1. What are the core details available of the Kabra Jewels IPO?

Kabra Jewels IPO is a book-built issue worth up to Rs 40 crores. The price band for this IPO is Rs 121 – Rs 128 per share. This upcoming IPO is entirely a fresh issue of up to 31.25 lakh equity shares.

2. What is the Kabra Jewels IPO open date and close date?

Kabra Jewels IPO subscription opens on Wednesday, January 15, 2025, and closes on Friday, January 17, 2025.

3. What is Kabra Jewels IPO GMP Live?

Kabra Jewels IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 128 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Kabra Jewels IPO Allotment status is available on its registrar, Cameo Corporate Services Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for Kabra Jewels IPO?

Kabra Jewels's IPO lead manager is Marwadi Chandarana Intermediaries Brokers Private Limited. The company has appointed Cameo Corporate Services Limited as the registrar for this public issue.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?