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IPO Performance
Koura Fine Diamond Jewelry Ltd.
Issue Open Date 06-Mar-24  
Issue Closing Date 11-Mar-24  
Application Money 100  
Allotment Money  
Price Band 55 -  
Minimium Application No. 2000  
Issue Size (Shares) 1000000  
Market Lot 1  
Objective
a) Funding the working capital requirements of the companyb) General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     173448000    
Qualified Institutional Buyers     3186000    
Retail Individual Investors     505134000    
Business Description
Our Company is engaged into the wholesale business of gold and diamonds jewelleries. Our Promoter has ahistory spanning over two decades in the Indian Jewellery Industry. Our Company sale wide range of jewelleryproducts, including gold jewellery and diamond jewellery. Our business model is B2B. We deal in two types ofjewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. We believe thatwe are a well-known and trusted jewellery wholesaler. Since the system of hallmarking is legally introduced,our company deals only in jewellery certified by Hallmark; for gold jewellery we get it certified from theBureau of Indian Standards (BIS) and 91.6% certifications for 22 Karat and International GemmologicalInstitute, India, and (BIS) 75% certifications for 18 Karat diamond jewellery we get it certified from. Further, in2018 our Company ventured into 750 certified and BIS-hallmarked diamond jewellery. We offer a diverse rangeof jewellery products and is dedicated to designing, manufacturing, and selling high-quality jewellery thatincludes necklaces, chains, rings and earrings.
Promoter's Holding
Total Share Capital   2601500  
Offered to Public   1000000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   72.23  
Address
304
Iscon Emporio
B / S Star India Bazar
Nr. Jodhpur Cross Road
Satellite
Ahmedabad,
Gujarat,
380015
Phone : 7016302567
Email : info@kouradiamondjewelry.com
Website : kouradiamondjewelry.com/
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE
Lead Manager
GYR Capital Advisors Pvt Ltd.
Promoters
Kamlesh Keshavlal Lodhiya
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