The Kabra Jewels IPO provides an opportunity for investors to participate in the jewelry retailer’s growth journey by purchasing its shares through a seamless online application process. This IPO, which opens on January 15, 2025, and closes on January 17, 2025, requires investors to apply within this subscription window. To ensure a smooth application experience, it is essential to understand the step-by-step process, including accessing your trading platform, selecting the IPO, and completing the payment mandate using UPI. With its clear objectives for fund utilization, the Kabra Jewels IPO has garnered interest in the market.
For complete details on this public offering, visit the Kabra Jewels IPO page on Bajaj Broking’s website.
Kabra Jewels IPO Application Process
The Kabra Jewels IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Kabra Jewels IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1,000 shares) within the price band of ₹121 to ₹128.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Kabra Jewels IPO Allotment Status?
Once the allotment for Kabra Jewels IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit NSE or BSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
About Kabra Jewels IPO: Overview and Key Facts
The Kabra Jewels IPO is a book-built SME issue comprising a fresh issue of ₹40 crores. It includes 31.25 lakh equity shares priced within a range of ₹121 to ₹128 per share. The IPO is open for subscription from January 15, 2025, to January 17, 2025.
Kabra Jewels Limited is engaged in the design, manufacturing, and retailing of jewelry, including gold, diamond, and silver ornaments. The company operates six showrooms in Ahmedabad and specializes in both general and customized jewelry designs.
The IPO proceeds will be used to repay borrowings, meet working capital needs, and fund general corporate purposes. This financial move aims to strengthen the company’s operational and financial foundation.
To check your application status, visit the Kabra Jewels IPO Allotment Status page on Bajaj Broking’s website.