The Kabra Jewels IPO has captured significant attention from stock market investors, and the allotment of shares has become the hot topic of the day. Following a successful bidding process, investors eagerly await updates on their allotment status. This article will guide you through the steps to check your allotment status, understand the latest grey market premium (GMP), and know what to expect next.
What Is the Process to Check Kabra Jewels IPO Allotment Status?
You can easily track your Kabra Jewels IPO allotment status online using the NSE website or the IPO registrar, Cameo Corporate Services Limited. Here are the detailed steps for each method:
Checking Allotment Status on NSE
- Visit the NSE Allotment Page.
- Sign up by entering your details and click Submit.
- Select “Kabra Jewels IPO” from the Issue Name dropdown menu.
- Enter your IPO application number in the designated field.
- Click the Submit button to view your allotment status.
Checking Allotment Status on Cameo Corporate Services
- Go to the Cameo Corporate Services IPO Status Page.
- Choose “Kabra Jewels Limited” from the Company Name dropdown menu.
- Enter your PAN number and the required details.
- Fill in the CAPTCHA for verification and click Submit.
After completing these steps, your allotment status will be displayed on the screen.
What Is the Kabra Jewels IPO GMP Today?
The grey market premium (GMP) reflects investors’ interest in the IPO and can provide insights into its potential market performance. As of January 20, Kabra Jewels IPO GMP is ₹120 per share.
This indicates that the shares are trading at a 93.75% premium over the upper price band of ₹128 per share, with an estimated listing price of ₹248 on the NSE SME index. Although the GMP dropped slightly from ₹125 on January 19 to ₹120 on January 20, it still signifies robust demand in the grey market.
What Are the Key Highlights of Kabra Jewels IPO?
Here’s everything you need to know about Kabra Jewels IPO:
| Detail | Information |
|---|---|
| Subscription Period | January 15 to January 17, 2025 |
| Price Band | ₹121 to ₹128 per share |
| Funds Raised | ₹40 crore |
| Shares Offered | 31.25 lakh shares (Fresh Issue) |
| Lot Size | 1,000 shares per lot |
| Allotment Date | January 20, 2025 |
| Listing Date | January 22, 2025 |
| Registrar | Cameo Corporate Services Limited |
| Market Maker | Giriraj Stock Broking Private Limited |
| Lead Manager | Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
| Overall GMP | ₹120 per share |
Why Is Kabra Jewels IPO Generating Buzz Among Investors?
The IPO has received widespread attention due to its:
- High GMP: The grey market premium indicates strong investor sentiment, with shares expected to list at a significant premium.
- Affordable Lot Size: The ₹121-₹128 price band and 1,000-share lot size make it accessible for retail investors.
- Strong Market Potential: Kabra Jewels operates in a niche market with growing demand for SME listings, making it an attractive prospect for investors.
FAQs
How can I check Kabra Jewels IPO allotment status online?
You can check your allotment status via the NSE website or the Cameo Corporate Services portal by following simple steps.
What is the Kabra Jewels IPO allotment date?
The IPO allotment date was finalized on January 20, 2025.
What does the GMP indicate for Kabra Jewels IPO?
The grey market premium of ₹120 suggests a potential listing price of ₹248, reflecting a premium of 93.75%.
When will Kabra Jewels IPO shares be listed?
The shares are scheduled to be listed on the NSE SME index on January 22, 2025.
What was the subscription response to Kabra Jewels IPO?
The IPO received significant demand during its subscription period, raising ₹40 crore.
Who is managing the Kabra Jewels IPO?
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the lead manager, and Cameo Corporate Services Limited is the registrar.
Is Kabra Jewels IPO a good investment for listing gains?
The strong GMP suggests positive listing gains, but long-term investment decisions should be based on the company’s financials and market potential.
How many shares were offered in the Kabra Jewels IPO?
A total of 31.25 lakh shares were offered, with a price band set at ₹121-₹128 per share.
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