Shoora Designs IPO will be Open on 17 August 2023 and closes on 21 Augsut 2023. The company has fixed the price of this IPO at ₹48 according to the face value of ₹10. The company will raise ₹2.03 Crores through this IPO under the 4,23,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Shoora Designs IPO GMP here.
Shoora Designs limited engaged 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. you can check Shoora Designs IPO Allotment status here.
The company 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. You can check Shoora Designs IPO subscription status here.
Objects Of The Issue :
- Working capital requirements
- General Corporate Purposes
Company Strengths :
- Existing distribution and sales networks
- Optimum Polishing
- Repetitive customers
- Experience of Management.
| Read also: Upcoming IPO List 2023 |
Shoora Designs IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹0.11 Cr ₹48/ EQ 1.34 35.82x 14.06 % 7.22 % 9.89 % 0 ₹14.74 ₹1.69 Cr ₹7.19 Cr 100.00 % 71.77 % |
| Team Review : | AVOID |
Shoora Designs IPO GMP Live:
Shoora Designs IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 18 Aug 2023 | ₹0-₹0 | ₹0 |
| 17 Aug 2023 | ₹0-₹0 | ₹0 |
| 16 Aug 2023 | ₹0-₹0 | ₹0 |
| 15 Aug 2023 | ₹0-₹0 | ₹0 |
Shoora Designs IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 17 August 2023 |
| IPO Close : | 21 August 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹48 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹2.03 Cr (4,23,000 Shares) |
| Fresh Issue : | ₹2.03 Cr (4,23,000 Shares) |
Shoora Designs IPO Market Lot :
Shoora Designs IPO Minimum Market lot is 1 Lot with 3000 shares with ₹144,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹144,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹144,000 |
| Retail (Max) : | 1 | 3000 | ₹144,000 |
| S-HNI (Min) : | 2 | 6000 | ₹288,000 |
Shoora Designs IPO Shares Offer :
A Total of 4,23,000 shares are to be bid for the public issue by Shoora Designs IPO with 4,23,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 4,23,000 | ₹2.03 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 4,23,000 | ₹2.03 Cr |
Shoora Designs IPO Net Reservation :
Shoora Designs IPO Net Reservation of 4,23,000 shares are to be bid for the public issue by Shoora Designs IPO with 1,98,000 for NII 1,98,000 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 198,000 | ₹0.95 Cr |
| RII : | 50% | 198,000 | ₹0.95 Cr |
| MMRP : | – % | 27,000 | ₹0.13 Cr |
| Total : | 100% | 4,23,000 | ₹2.03 Cr |
Shoora Designs IPO EPS & RoNW :
The Shoora Designs company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % |
| 2023 | ₹1.34 | 7.22 % |
Shoora Designs IPO Peer Comparison PE :
The Shoora Designs, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Ashapuri Gold Ornament Limited | 101.39 |
| 2. | D.P. Abhushan Limited | 14.44 |
| 3. | Starlineps Enterprises Limited | 777.14 |
| 4. | Veeram Securities Limited | 31.38 |
Shoora Designs IPO Dates :
Shoora Designs IPO Date is 17 August 2023 and closes on 21 August 2023. The allotment will be finalized on “Not Declare” and the IPO may list on “Not Declare”.
| Issue Open Date : | 17 August 2023 |
| Issue Close Date : | 21 August 2023 |
| Allotment Date : | 24 August 2023 |
| Refund Date : | 25 August 2023 |
| Share Credit Date : | 28 August 2023 |
| Listing Date : | 29 August 2023 |
Shoora Designs IPO Form :
There are two ways to apply in Shoora Designs IPO. You can apply for Shoora Designs IPO through ASBA available in your bank account. You have to go to your online bank login and select Shoora Designs IPO in the Invest section and apply through your bank account. Another option is you can apply Shoora Designs IPO through IPO form download through NSE and BSE. See the Shoora Designs IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shoora Designs Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹210.61 | ₹195.08 | ₹11.46 |
| 2022 | ₹16.26 | ₹11.14 | ₹3.91 |
Company Promoters :
■ Mr. Satish K Kansodariya
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Shoora Designs IPO Lead Managers :
■ Swaraj Shares and Securities Private Limited
Shoora Designs IPO Registrar :
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]
Website: www.kfintech.com
Note: Check Shoora Designs IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Shoora Designs Limited
Diamond Apts. Co-Op HSG.
Society Lt H No. 7/3388/A,
6th Floor C/1, 601 Haththupura
Char Rasta, Surat – 395003, Gujarat, India
Telephone: +91 9004746705
Email id: [email protected]
Website: www.shooradesigns.com
Shoora Designs IPO FAQs :
What is Shoora Designs IPO?
Shoora Designs IPO is SME IPO. They are going to raise ₹2.03 Crores via IPO. The issue is priced at ₹48 per equity share. The IPO to be listed on BSE, SME.
When Shoora Designs IPO will open?
The IPO is to open on 17 Aug – 21 Aug for QIB, NII & RII.
How much is Shoora Designs IPO Size?
Shoora Designs IPO size is ₹2.03 Crores.
How much is the Fresh issue size of Shoora Designs IPO?
The Fresh issue size of Shoora Designs IPO ₹2.03 Cr.
How much is the Offer For Sale size of Shoora Designs IPO?
The Offer For Sale size of Shoora Designs IPO ₹0 Cr.
What is Shoora Designs IPO Price Band?
Shoora Designs IPO Price Band is ₹48 Per share.
What is the Shoora Designs IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹144,000 amount while the maximum bid is 3000 shares with ₹144,000.
How much is Shoora Designs IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Shoora Designs IPO Allotment Date?
Shoora Designs IPO allotment date is 24 August 2023.
When is Shoora Designs IPO Listing Date?
Shoora Designs IPO listing date is 29 August 2023. The IPO to list on BSE, SME.
How to Apply the Shoora Designs IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shoora Designs IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shoora Designs IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Shoora Designs IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shoora Designs IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Shoora Designs IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shoora Designs IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Shoora Designs IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Shoora Designs GMP: Click Here Shoora Designs Subscription: Click Here Shoora Designs Allotment: Click Here Shoora Designs Listing: Click Here |
All Shoora Designs IPO-related links are available here. If you want to know the details then click on Click Here Link.
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