Kabra Jewels SME IPO Details, Financials, Valuation & Peers
Explore Kabra Jewels IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Kabra Jewels Limited, originally established as Kabra & Malpani Jewels Private Limited in 2010, is a player in the retail jewelry sector, headquartered in Ahmedabad, Gujarat. Operating under the flagship brand “KK Jewels”, the company offers an extensive range of gold, diamond, and silver ornaments, along with coins, utensils, and artifacts. Renowned for its exquisite designs, innovative craftsmanship, and deep understanding of customer preferences, Kabra Jewels Limited caters to a diverse clientele seeking jewelry for daily wear, special occasions, and weddings. The company operates six branded showrooms, three offices, and an exhibition center in Ahmedabad, offering an elevated shopping experience that reflects Indian culture and tradition.
Key Points:
- Product Portfolio:
- Offers a wide array of gold, diamond, and silver jewelry, including rings, necklaces, earrings, pendants, bangles, and bracelets.
- Specializes in wedding jewelry, the highest-selling product category.
- Sells loose solitaires under the brand "Only Solitaires."
- Retail Presence:
- Operates six exclusive showrooms in Ahmedabad, categorized under specific brand names like KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, and KK Jewels Gold.
- Maintains three offices and one exhibition center to enhance customer outreach.
- Design and Craftsmanship:
- Focus on handcrafted jewelry created in collaboration with local artisans and an in-house design team.
- Emphasis on innovation, customization, and staying ahead of market trends.
Objects of the Issue
- Repayment of certain borrowings availed by the Company, in part or ful
- To meet Working Capital requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 15 Jan - 17 Jan 2025 |
| IPO Price Band | ₹121 - ₹128 per share |
| Fresh Issue | 31,25,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹40 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 15 Jan 2025 |
| IPO Closing Date | 17 Jan 2025 |
| Basis Of Allotment | 20 Jan 2025 |
| Refunds | 21 Jan 2025 |
| Demat Transfer | 21 Jan 2025 |
| IPO Listing Date | 22 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Nov 2024 |
|---|---|---|---|---|
| Total Income | 112.13 | 122.34 | 164.24 | 125.48 |
| Total Expenses | 104.75 | 116.29 | 151.67 | 113.38 |
| Net Profit/Loss | 5.40 | 4.41 | 9.40 | 8.81 |
| NPM (*) | 4.82 | 3.60 | 5.73 | 7.03 |
| Total Assets | 74.01 | 113.07 | 140.56 | 169.43 |
| Total Liabilities | 56.76 | 91.41 | 109.50 | 129.56 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Nov 2024 |
|---|---|---|---|---|
| EPS | 39.07 | 31.85 | 67.93 | 11.97 |
| ROE (%) | 31.32 | 20.34 | 30.25 | 22.10 |
| ROCE (%) | 18.26 | 13.62 | 18.23 | 14.14 |
| D/E Ratio | 2.74 | 3.22 | 2.90 | 2.59 |
| Current Ratio | 2.74 | 2.73 | 2.16 | 3.02 |
| EBITDA MARGIN (%) | 10.48 | 10.14 | 13.31 | 15.97 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Kabra Jewels Limited | 164.0 | 1.88 | 67.93 | 30.25 | 42.20 |
| Motisons Jewellers Limited | 416.76 | 37.22 | NA | NA | NA |
| DP Abhushan Limited | 2,339.96 | 30.08 | NA | NA | NA |
| RBZ Jewellers Limited | 327.43 | 27.97 | NA | NA | NA |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 154.53 |
| Non-Institutional Investor (NII/HNI) | 556.9 |
| Retail Individual Investor (RII) | 384.9 |
| Total | 356.02 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Company Promoters
- KAILASH KABRA
- JYOTHI KAILASH KABRA
Lead Managers
- Marwadi Chandarana Intermediaries Brokers Private Limited
Company Address
Kabra Jewels Limited
6 Ground Floor, Iscon Center, Besides Tanishq, Shivranjani Cross Road, Satellite, Ahmedabad - 380015, Gujarat, India.
Phone: +91 93288 71207
Email: cs.kkjewels@gmail.com
Website: https://kkjewels.org
FAQs
- What is the issue size of the Kabra Jewels SME IPO?The Kabra Jewels SME IPO has an issue size of ₹40 crore. This includes a fresh issue of 31,25,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Kabra Jewels IPO?The price band for the Kabra Jewels IPO is ₹121 - ₹128 per share.
- What are the bidding dates for the Kabra Jewels IPO?The Kabra Jewels IPO will open for bidding on 15 Jan 2025 and close on 17 Jan 2025.
- What is the allotment date for the Kabra Jewels IPO?The allotment date for the Kabra Jewels IPO is 20 Jan 2025.
- What is the minimum lot size and investment required for the Kabra Jewels IPO?The minimum lot size for the Kabra Jewels IPO is 1000 shares and the minimum investment required is ₹1,28,000.
- What is the listing date for the Kabra Jewels IPO?The listing date for the Kabra Jewels IPO is 22 Jan 2025.
- What is the Kabra Jewels IPO grey market premium?The grey market premium (GMP) for the Kabra Jewels IPO is currently at ₹123, with an expected listing gain of approximately 96.09%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.