Koura Fine Diamond Jewelry Limited share price | IPO

Hello friends in this blog post I will discuss Koura Fine Diamond Jewelry Limited share price and details of the IPO of Koura Fine Diamond Jewelry Limited company in this article I will give you information related to Koura Fine Diamond Jewelry Limited share price

About Koura Fine Diamond Jewelry Limited

Koura Fine Diamond Jewelry Limited was founded in March 2022. This company is promoted by Kamlesh Keshavlal Lodhiya. The company’s Gujarati office is located in Ahmedabad. Kaura Fine Diamond Jewelry Limited primarily deals in the wholesale sale of jewelry made of gold and diamonds. It is referred to as a B2B business model in corporate speak. This firm operates in the states of Orissa and Gujarat.

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Financial Data for Koura Fine Diamond Jewelry Limited

By the time of the closing on March 31, 2023, this company had assets exceeding Rs 3 crore. Koura Fine Diamond Jewelry brought in around Rs 5.56 crore. The company’s net value was recorded at Rs 2.69 crore, reserves and surplus at Rs 2.21 crore, bank loan and other borrowings at Rs 51.80 crore, and profit after tax at Rs 13.41 lakh.

Key Performance Indicators of Koura Fine Diamond Jewelry Limited

KPI	Values
ROE	6.13%
ROCE	7.64%
Debt/Equity	0.17
RoNW	5.95%
P/BV	5
PAT Margin (%)	2.83

Koura Fine Diamond Jewelry Limited share price

in my opinion, the opening of Koura Fine Diamond Jewelry Limited’s share price will be 55Rs and it will go to a maximum of 100Rs after listing in the market

Koura Fine Diamond Jewelry IPO Details

IPO Date	March 6, 2024 to March 11, 2024
Listing Date	[.]
Shareholding pre-issue	₹10 per share
Price	₹55 per share
Lot Size	2000 Shares
Total Issue Size	1,000,000 shares (aggregating up to ₹5.50 Cr)
Fresh Issue	1,000,000 shares (aggregating up to ₹5.50 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Shareholding post issue	2,601,500
Share holding post issue	3,601,500
Market Maker portion	70,000 shares Giriraj Stock Broking

Koura Fine Diamond Jewelry IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹110,000
Retail (Max)	1	2000	₹110,000
HNI (Min)	2	4,000	₹220,000

Koura Fine Diamond Jewelry IPO Timeline (Tentative Schedule)

On March 6, 2024, Koura Fine Diamond Jewelry will open for business, and it will end on March 11, 2024.

IPO Open Date	Wednesday, March 6, 2024
IPO Close Date	March 11, 2024 Monday,
Basis of Allotment	March 12, 2024 Tuesday,
Initiation of Refunds	March 13, 2024, Wednesday
Credit of Shares to Demat	Wednesday, March 13, 2024
Listing Date	Thursday, March 14, 2024
Cut-off time for UPI mandate confirmation	5 PM on March 11, 2024

What is Koura Fine Diamond Jewelry IPO?

An SME IPO, Koura Fine Diamond Jewelry’s 1,000,000 equity shares have a face value of ₹10, which adds out to ₹5.50 crores. Each share of the issue is priced at ₹55. 2000 shares are the minimum order quantity.

March 6, 2024, is when the IPO begins, and March 11, 2024, is when it ends.

The initial public offering registrar is Kfin Technologies Limited. It is suggested that the shares be listed on BSE SME.

How to apply for Koura Fine Diamond Jewelry IPO?

You can apply online for the Koura Fine Diamond Jewelry IPO with ASBA or UPI as your payment option. You can access the ASBA IPO application through your bank account’s net banking. Brokers who do not provide banking services are the ones who offer the UPI IPO application. Learn more about applying for an IPO online with ICICI Bank, HDFC Bank, SBI Bank, 5Paisa, Nuvama, Zerodha, and Upstox.