Shoora Designs Logo

Shoora Designs Limited

SDL

48-48

per share
Bidding Dates
17-21 Aug
Min. Investment
₹1,44,000.00
Lot Size
3000 shares
Issue Size
₹2.0299999 Cr
IPO Timeline
Bidding starts
17 Aug ‘23
Bidding ends
21 Aug ‘23
Allotment finalisation*
24 Aug ‘23
Refund initiation*
25 Aug ‘23
Demat transfer
28 Aug ‘23
Listing
29 Aug ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About the Shoora Designs Limited IPO

Shoora Designs is engaged in the trading of diamonds and jewellery. Company procures rough diamonds through suppliers, processes them and sells the polished cut-diamonds to wholesalers or retailers. Company does its business predominantly in Surat and Mumbai. Company has an offline as well as online presence. It sells diamonds through its website, which facilitates and provides customers with an option to browse a variety of diamonds through its catalogue.   

Now, Shoora Designs Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements & for general corporate purposes.

Here are key details about the Shoora Designs Limited IPO

Company Name Shoora Designs Limited   Company Type Private
 IPO Type SME   Shoora Designs Limited IPO Opening Date 17 Aug 2023
Shoora Designs Limited IPO Closing Date 21 August 2023   Shoora Designs Limited IPO Allotment Status 24  August 2023
Credit of Shares to the Demat Account 28 August 2023   Shoora Designs Limited IPO Listing Date 29 August 2023 
Shoora Designs Limited IPO Face Value ₹ 10 per share   Shoora Designs Limited IPO Lot Size 3000 shares
Shoora Designs Limited IPO Issue Size 2.03 crore   Shoora Designs Limited IPO to be Listed on BSE SME
Shoora Designs Limited IPO Price band   ₹ 48 per share      

 

 

IPO analysis

Registrar information
Name
Kfin Technologies Limited
Phone number
+91-40-6716-2222
Email ID
shooradesigns.ipo@kfintech.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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