Listed Price₹91.20
Listing Gain+90.00%
Price Band₹48
Lot Size3,000 shares
Min Bid₹1,44,000
Subscription64.52x
Listed Market Snapshot
₹91.20Listed price from market data
+90.00%listing gain
Issue Amount
₹2.03 Cr
Listed Price
₹91.20
Current Price
₹84.09
Registrar
Kfin Technologies Limited
Timeline•Fixed Price Issue IPO
Open17 Aug 2023
Close21 Aug 2023
Allotment25 Aug 2023
Listing29 Aug 2023
Quota Reservation Portions
Market MakerPortion: 27,000 shares
6.38%Nii (hni)Portion: 1,98,000 shares
46.81%RetailPortion: 1,98,000 shares
46.81%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,44,000HNI2 lots / 6,000 shares
₹2,88,000About the Company
Incorporated in 2021, Shoora Designs Limited is engaged in manufacturing and trading diamonds and jewelry, with a focus on natural lab-grown diamonds. The company procures rough diamonds through suppliers and outsources cleaving, laser cutting, and polishing services to local job-workers in Surat, while planning and mapping of rough diamonds is done in-house. Its major clients include wholesalers and retailers, with business concentrated in Surat, Gujarat, and Mumbai, Maharashtra. Shoora Designs’ jewelry is available through both offline markets and online platforms. The company recorded revenues of Rs. 105.58 lakhs for the nine months ended December 31, 2022, and Rs. 162.57 lakhs for FY2022.
Company Promoters
Mr. Satish K KansodariyaMrs. Sejalben Satish KansodariyaMr. Rajeshbhai Labhubhai Mer
Lead Managers
Registrar
Kfin Technologies Limited