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SHOORASME / BSEListed
Shoora Designs

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.

DRHP
₹48 - ₹4864.52x sub
Listed Price₹91.20
Listing Gain+90.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open17 Aug 2023
Close21 Aug 2023
Allotment25 Aug 2023
Listing29 Aug 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker27,000 shares
6.38%
Nii (hni)1,98,000 shares
46.81%
Retail1,98,000 shares
46.81%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,44,000
HNI2 Lots (6,000 shares)
₹2,88,000

Company Promoters

Mr. Satish K KansodariyaMrs. Sejalben Satish KansodariyaMr. Rajeshbhai Labhubhai Mer

Company Background

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...

Lead Managers & Bankers

Swaraj Shares and Securities Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021)₹0 Cr
Growth-100.0%
Revenue Trend (₹ in Crores)
0.080.7161.5242.2Mar 2023Mar 2022Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20210-0.500.750
Mar 202216.263.9115.030
Mar 2023210.6111.46168.9951.02

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values1.3414.06%9.89%35.820

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
25 Aug 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
29 Aug 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Shoora Designs. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization25 Aug 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 Aug 2023Trading commences on exchange

How to Check Shoora Designs Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Shoora Designs IPO

Complete issue overview for Shoora Designs (SHOORA) IPO. The issue features an equity share price band of ₹48 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions