Eleganz Interiors IPO Allotment Status
Kabra Jewels IPO Allotment Status


Last Updated: 21st January 2025 - 10:29 am
Summary
Kabra Jewels Limited, established in 2010, is a prominent retail jewelry business offering a diverse collection of gold, diamond, and silver ornaments. The company operates six showrooms in Ahmedabad under various brands including KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio. With 121 employees as of November 2024, the company specializes in designing and manufacturing a wide range of jewelry products, from wedding collections to daily-wear pieces.
The company has launched its IPO with a total issue size of ₹40.00 crore, which is entirely a fresh issue. The IPO opened on January 15, 2025, and closed on January 17, 2025. The allotment date for the Kabra Jewels IPO is set for Monday, January 20, 2025.
Steps to Check Kabra Jewels IPO Allotment Status on Registrar Site
- Visit Cameo Corporate Services Limited website
- Select "Kabra Jewels IPO" from the dropdown menu on the allotment status page.
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field.
- Complete the captcha verification process and click on the "Submit" button to view your allotment status.
Steps to Check Kabra Jewels IPO Allotment Status on NSE
- Navigate to the NSE IPO Allotment Status Page
- Choose "Kabra Jewels IPO" from the list of active IPOs in the dropdown menu.
- Input your Application Number and PAN ID in the required fields.
- Verify the captcha and click "Search" to check your allotment status.
Kabra Jewels Subscription Status
The Kabra Jewels IPO received exceptional investor interest, being subscribed 356.02 times overall. Here is a category-wise breakdown of the subscription as of 6:19:59 PM on January 17, 2025:
- Retail Category: 384.9 times
- Qualified Institutional Buyers (QIB): 154.53 times
- Non-Institutional Investors (NII): 556.9 times
As of 6:19:59 PM
Date | QIB | NII | Retail | Total |
Day 1 Jan 15, 2025 |
0.00 | 9.61 | 20.92 | 12.52 |
Day 2 Jan 16, 2025 |
0.78 | 37.9 | 86.14 | 51.42 |
Day 3 Jan 17, 2025 |
154.53 | 556.9 | 384.9 | 356.02 |
Utilisation of IPO Proceeds
The funds raised through the IPO will be utilized as follows:
- Debt Reduction: Repayment of certain borrowings availed by the Company, in part or full.
- Working Capital: To meet working capital requirements of the business.
- General Corporate Purposes: Supporting various business objectives and operational needs.
Kabra Jewels IPO - Listing Details
The shares are scheduled to list on January 22, 2025, on NSE SME. The remarkable subscription rate of 356.02 times demonstrates substantial investor confidence in Kabra Jewels' business model and growth prospects. The company has shown steady financial performance with revenue increasing from ₹112.13 crore in FY22 to ₹164.24 crore in FY24. Their established brand presence, quality products, and experienced management team position them well for future growth. Investors can check their allotment status through the registrar's website or NSE on January 20, 2025. The shares are set to debut on January 22, 2025, marking a significant milestone in the company's journey to expand its jewelry business across India.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- Market Insights
Trending on 5paisa
IPO Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.