Kabra Jewels IPO: GMP, Listing Date, Allotment & Review 2025
20 January 2025 · Sachin Gadekar
Kabra Jewels IPO is making waves in the investment world, particularly among retail and institutional investors. Scheduled to list on the NSE SME platform, this IPO has garnered attention due to its promising fundamentals and potential for growth in the jewelry sector. Let’s dive into all the essential details and insights about the Kabra Jewels IPO, from its subscription status to its allotment timeline and GMP trends.
Kabra Jewels IPO Overview
The Kabra Jewels IPO is a book-built issue, aiming to raise ₹40 crores through the fresh issue of 31.25 lakh shares. The price band is set at ₹121 to ₹128 per share, and the IPO bidding was open from January 15, 2025, to January 17, 2025.
Key Details:
IPO Size: ₹40.00 crores
Listing Date: January 22, 2025 (tentative)
Price Band: ₹121 to ₹128 per share
Lot Size: 1,000 shares (minimum investment ₹1,28,000 for retail investors)
Issue Type: Book Built Issue
Listing Exchange: NSE SME
To better understand IPO structures, check out our guide on IPO GMP and Grey Market Premium.
Reservation Details
The shares are allocated across different categories as follows:
Anchor Investors: 27.17% (8.49 lakh shares)
Retail Investors: 31.78% (9.93 lakh shares)
Non-Institutional Investors (NII): 13.63% (4.26 lakh shares)
Qualified Institutional Buyers (QIB): 18.14% (5.67 lakh shares)
Market Maker: 9.28% (2.90 lakh shares)
Kabra Jewels IPO Subscription Status
The Kabra Jewels IPO witnessed overwhelming demand during its subscription period. On Day 3, the IPO was subscribed 356 times, highlighting strong interest from both retail and institutional investors. For more details on subscription metrics, refer to Chittorgarh’s comprehensive report.
Allotment Status and Timeline
The basis of allotment for Kabra Jewels IPO was finalized on January 20, 2025. Refunds and Demat credit are scheduled for January 21, 2025, with the tentative listing date set for January 22, 2025.
To check your allotment status, visit IPO Watch’s Kabra Jewels IPO Allotment Page.
Grey Market Premium (GMP) Today
Grey Market Premium (GMP) for Kabra Jewels IPO has shown steady growth, reflecting investor confidence. As of today, the GMP stands at ₹24-26, indicating positive market sentiment. To understand how GMP influences IPO investments, read our blog on IPO Flipping.
Kabra Jewels IPO Anchor Investment
The IPO raised ₹10.87 crores from anchor investors, locking in 8.49 lakh shares on January 14, 2025. Anchor investors include reputable names, further boosting confidence among retail and HNI participants.
Kabra Jewels IPO Review
Here’s a quick review of the Kabra Jewels IPO:
Strengths:
Established brand in the jewelry market.
Growth potential in a high-demand industry.
Strong anchor investor participation.
Risks:
SME platform listings may involve higher volatility.
Competitive industry landscape.
Interlinked Insights
For more information on the differences between IPO and other investment avenues, explore our detailed comparison in OFS vs. IPO.
Final Thoughts
Kabra Jewels IPO offers a promising opportunity for investors seeking exposure to the jewelry sector. With strong subscription figures and favorable GMP trends, this IPO is likely to perform well post-listing. Retail and HNI investors should evaluate their risk appetite and investment goals before applying.