Kabra Jewels IPO- Oversubscription
National Stock Exchange (NSE) in its data reveals that Non-Institutional Investors (NIIs) have driven demand. Non-Institutional Investor’s demand for the IPO led to oversubscription in their reserved category by 29.03 times. Additionally, Retail Individual Investors (RIIs) oversubscribed their portion by 69.92 times. Additionally, Qualified Institutional Buyers (QIBs) subscribed to 0.78 times shares of their allocation.
Kabra Jewels IPO comprises a fresh issue of 31,25,000 million equity shares and no offer for sale of equity shares. The price band set at Rs 121-128 per share, with a lot size of 1,000 shares. Retail investors can bid for a minimum of Rs 1,28,000 for one lot at the upper price band.
Investors can check IPO allotment via the registrar website of Cameoindia or the NSE website with easy steps given below:
IPO Allotment Status – Cameoindia
- Log on to Kabra Jewels IPO allotment page – Cameoindia.com
- Select IPO Name ‘Kabra Jewels‘ from the drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- Check your allotment on the screen (mobile/desktop
Kabra Jewels IPO Allotment Status- NSE
- Log on to the NSE IPO allotment page – NSEIndia.com
- Select IPO Name ‘Kabra Jewels‘ from the drop-down menu bar
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number
- Click on the ‘Search’ Button
- Check your allotment on the screen (mobile/desktop).
About Company
The company operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments. Other offerings include gold and silver coins, utensils, and artifacts. The company’s primary expertise is in designing, and it markets its exclusive creations under the brand name ‘KK Jewels.’ As on the date of this RHP, Kabra Jewels has 6 showrooms under the brand names KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, Atarashi, and KK Jewels – Silver Studio, 3 offices, and 1 exhibition centre located in the city of Ahmedabad.
ALSO READ: NBFCs Loan Growth To Decline To 17% In FY25 From 21% In FY24 – Jefferies Repor
