Koura Fine Diamond Jewelry Limited

Company Profile
Company Name Koura Fine Diamond Jewelry Limited
Open Date 06-03-2024
Close Date 11-03-2024
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹55 per share
Issue Size 10,00,000 shares
Application Amount ₹ 1,10,000
Recommendation Avoid
Koura Fine Diamond Jewelry Limited was originally incorporated in the year 2022 and has its registered office in Ahmedabad, Gujarat, India. The company is engaged into the wholesale business of gold and diamonds jewelleries. Company operates on B2B business model and deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. Company offers a diverse range of jewellery products and is dedicated to designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings and earrings. As of December 31st, 2023, the Company had 8 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-23 Sep-23
Total Assets 352.53 327.34
Net Assets 269.06 286.06
Total Borrowing 51.8 48.84
Total Revenue 556.35 601.84
Profit After Tax 13.41 17.01

Tentative Timeline

Opening Date 06-03-2024
Closing Date 11-03-2024
Basis of Allotment 12-03-2024
Initiation of Refunds 13-03-2024
Credit of Shares to Demat 13-03-2024
Listing Date 14-03-2024

Objects of the Issue

Funding working capital requirements of the Company.
General corporate purposes.

Contact Information

Registered Office Koura Fine Diamond Jewelry Limited 304, Iscon Emporio B/S Star India Bazar Nr. Jodhpur Cross Road, Satellite Ahmedabad, 380015
Phone +91 7016302567
Email Info@kouradiamondjewelry.com
Website https://kouradiamondjewelry.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email ccl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.23%

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