The Shoora Designs IPO has begun on 17 Aug 2023. It will close on 21 Aug 2023. The Total IPO Size is 2.03 Crore. The company set its IPO price is 48 Rs Per Share. Basically, There are three basic categories in Shoora Designs IPO Subscription 1) Others 2) Retail Individual Investors (RIIs)
Shoora Designs is established in 2021.
Shoora Designs is engaged in the business of manufacturing and trading diamonds and jewelry.
The Company involved in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and is out-souring the process of cleaving, laser cutting, and polishing from local job-workers in the domestic market of Surat, and is selling of the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra.
The revenue from sale of the diamonds is generated through offline market, and through our online platform accessible at https://www.shooradesigns.com/shop/
Check :- Upcoming SME IPO 2023
Shoora Designs IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Rajeshbhai Labhubhai Mer | 2,33,330 | 13.2255/- |
| Sejalben Satish Kansodariya | 2,66,875 | 13.2871/- |
| Satish K Kansodariya | 4,59,080 | 13.5487/- |
| Total Promotors | 9,59,285 | – |
| Promotors Group | 1,16,376 | – |
| Total Pre Issue | 10,75,661 (100%) | |
Shoora Designs IPO Date, Details & Price Band
| IPO Opening Dates | 17-Aug-2023 |
| IPO Closing Dates | 21-Aug-2023 |
| Price Band | 48 Rs |
| Fresh issue | 2.03 Crore ( 4,24,000 Shares ) |
| Total IPO size | 2.03 Crore ( 4,24,000 Shares ) |
| Minimum bid (lot size) | 3000 Shares |
| Face Value | 10 INR Per Share |
| Other | 50% |
| Retail | 50% |
| Listing On | BSE SME |
Shoora Designs IPO Market Lot
The Shoora Designs IPO minimum market lot is 1600 shares With 1,44,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1600 | 1,44,000 Rs |
| Maximum | 1 | 1600 | 1,44,000 Rs |
| S-HNI (Min) | 2 | 3200 | 2,88,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 0.75 | – | (-0.50) |
| 31-Mar-22 | 15.03 | 16.26 | 3.91 |
| 31-Mar-2023 | 168.99 | 210.61 | 11.46 |
Shoora Designs IPO GMP Grey Market Premium
Shoora Designs IPO GMP Grey market premium has been started today. Check Latest Shoora Designs IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Shoora Designs IPO Prospectus
| DRHP | Download |
| RHP | Download |
Shoora Designs IPO Reviews
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Shoora Designs IPO Form Download
Shoora Designs IPO is available on BSE Website as well as on our Portal. Please click here Shoora Designs IPO form Download.
Shoora Designs IPO Allotment Date & Details
| Allotment Date | 24 Aug 2023 |
| Initiation of refunds | 25 Aug 2023 |
| Transfer of shares to Demat accounts | 28 Aug 2023 |
| Listing Date | 29 Aug 2023 |
| Check Allotment Status | Click here |
Registrar of Shoora Designs IPO
KFIN TECHNOLOGIES LIMITED
Selenium, Tower-B, Plot 31& 32, Gachibowli Financial District Nanakramguda,
Hyderabad – 500032, Telangana, India
Telephone: +91-40-6716-2222
Email: [email protected].
Investor Grievance Email ID: [email protected]
Contact Person: M Murali Krishna
Website: www.kfintech.com
SEBI Registration Number: INR000000221
CIN: L72400TG2017PLC117649
Shoora Designs Contact Details
Shoora Designs Limited
Diamond Apartments Co-op Housing Society,
LT H No. 7/3388/A, 6th floor,
C/1, 601, Haththupura char rasta, Surat – 395003
Phone: +91 9004746705
Email: [email protected]
Website: https://www.shooradesigns.com/
Shoora Designs IPO Lead Managers
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
Principal Place of Business: 304, A Wing, 215 Atrium Near Courtyard Marriot, Andheri
Kurla Road, Andheri East, Mumbai – 400093, Maharashtra, India
Telephone: +91-22-6964-9973
Email: [email protected]
Investor Grievance Email ID: [email protected]
Contact Person: Pankita Patel/ Tanmoy Banerjee
Website: www.swarajshares.com
SEBI Registration Number: INM00012980
CIN: U51101WB2000PTC092621