Shoora Designs IPO Date, GMP, Review, Price, Form & Market Lot Details

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

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

Shoora Designs IPO
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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

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
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]

Shoora Designs IPO Lead Managers

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
SEBI Registration Number: INM00012980
CIN: U51101WB2000PTC092621

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