Kabra Jewels Ltd - IPO

Kabra Jewels Ltd IPO Details

Initial public offer of upto 31,25,000 equity shares of face value of Rs. 10/- each (equity shares) of Kabra Jewels Limited (The Company or the Issuer) at an issue price of Rs. 128.00 per equity share (Including a share premium of 118.00 per Equity Share) for cash, aggregating up to Rs. 40.00 crores (Public Issue) out of which 2,90,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128.00 per equity share for cash, aggregating Rs. 3.71 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 28,35,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128.00 per equity share for cash, aggregating up to Rs. 36.29 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 29.80 % and 27.04 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The floor price is 12.80 times of the face value.

Objective of issue

Repayment of certain borrowings availed by the company in part or full. To meet working capital requirement. General corporate purposes.

Kabra Jewels Ltd Contact Details

Kabra Jewels Ltd, Subramanian Building, 1 Club House Road, , Chennai - 600 002

Phone - 91-44-8528390 (5 lines)

Fax - 91-44-8520129

Email - cs.kkjewels@gmail.com

Website - https:, kkjewels.org