|
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
|
|