Koura Fine Diamond Jewelry Ltd - IPO

Koura Fine Diamond Jewelry Ltd IPO Details

Public issue of 10,00,000 equity shares of face value Rs. 10 each (Equity Shares) of Koura Fine Diamond Jewelry Limited (The Company or the Issuer) for cash at a price of Rs. 55 per equity share (including a securities premium of Rs. 45 per equity share) (Issue Price), aggregating Rs. 5.50 crores (the Issue). 70,000 equity shares aggregating to Rs. 0.39 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 9,30,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 55 per equity share aggregating to Rs. 5.11 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.77% and 25.82% respectively of the postissue paid-up equity share capital of the company. The face value of the equity share is Rs.10 each and the issue price is Rs.55. The issue price is 5.5 times of the face value.Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Objective of issue

Funding the working capital requirements of the company. General corporate purposes.

Koura Fine Diamond Jewelry Ltd Contact Details

Koura Fine Diamond Jewelry Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@kouradiamondjewelry.com

Website - www.kouradiamondjewelry.com