Koura Fine Diamond Jewelry IPO Quotation Releases Today; Check GMP, allotment status and other important details of SME IPO

Koura Fine Diamond Jewelry IPO Allotment: The allotment of Koura Fine Diamond Jewelry IPO shares will be completed today, March 12th. The investors who have applied for the issue can check the IPO allotment status of Koura Fine Diamond Jewelry online today when the allotment is made.

The initial public offering (IPO) of Koura Fine Diamond Jewelry Ltd opened for subscription on March 6 and closed on March 11 ₹An SME's IPO worth ₹5.50 crore received overwhelming response from investors.

Investors are now awaiting the allotment of Koura Fine Diamond Jewelry's IPO, which is expected to close today. They can check the number of shares allotted to them based on the bids placed on the allotment day of the IPO.

The IPO investors can check the IPO allotment status of Koura Fine Diamond online on the BSE website or the IPO registrar website. Kfin Technologies is the IPO registrar for Koura Fine Diamond Jewelry.

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Here's how you can check Koura Fine Diamond's IPO allotment status on the registrar's website:

Step 1: Visit Kfin Techn website via this link – https://rti.kfintech.com/ipostatus/

step 2: Select “Koura Fine Diamond Jewelry” from the drop down menu

step 3: Select one of the three available options: Application Number, Demat Account or PAN

Step 4: Enter the details according to the selected option

Step 5: Enter PAN and click Send.

Your Koura Fine Diamond IPO allotment status will be displayed on the screen.

Koura Fine Diamond IPO GMP today

Shares of Koura Fine Diamond Jewelry commanded a sharp premium in the gray market on Tuesday. According to market observers, Koura Fine Diamond Jewelry IPO is GMP today or gray market premium today ₹65 per share. This suggests that Koura Fine Diamond shares were trading at a premium of 118.18% ₹120 per piece in the gray market compared to the IPO price of ₹55 per share.

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Koura Fine Diamond Jewelry IPO details

Koura Fine Diamond Jewelry's IPO opened for subscription on March 6 and closed on March 11. The IPO allotment is expected to be completed today and Koura Fine Diamond Jewelry's listing date is set for March 14. The shares of Koura Fine Diamond Jewelry are listed on BSE SME.

Koura Fine Diamond Jewelry's IPO price was set at ₹55 per share. At the top end of the price range, the company increased ₹5.50 crore from the offer, which was entirely a fresh issue of shares worth ₹10 lakh.

The lot size of the IPO was 2,000 shares and the minimum investment amount required from private investors was ₹110,000.

Koura Fine Diamond Jewelry's IPO was subscribed a total of 733.01 times as the public issue received bids for 68.16 lakh shares as against 9.30 lakh shares in the offering.

GYR Capital Advisors Private Limited is the underwriter of Koura Fine Diamond Jewelry's IPO, while Kfin Technologies is the IPO registrar.

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