Koura Fine Diamond Jewelry Limited

About Koura Fine Diamond Jewelry Limited Incorporated in 2022, Koura Fine Diamond Jewelry is engaged in the wholesale business of gold and diamonds jewelleries. Their promoter has a history spanning over two decades in the Indian Jewellery Industry. The cCompany sells a wide range of jewellery products, including gold jewellery and diamond jewellery. They deal in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. They believe that we are a well-known and trusted jewellery wholesaler. Since the system of hallmarking is legally introduced, the company deals only in jewellery certified by Hallmark; for gold jewellery they get it certified from the Bureau of Indian Standards (BIS) and 91.6% certifications for 22 Karat and International Gemological Institute, India, and (BIS) 75% certifications for 18 Karat diamond jewellery we get it certified from. Further, in 2018 theour cCompany ventured into 750 certified and BIS-hallmarked diamond jewellery. TheyWe offer a diverse range of jewellery products and are dedicated to designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings and earrings. They believe in offering quality products and prompt delivery of items as per the requirements of customers, which has allowed the company to build very strong relationships with them and obtain repeat orders from the same customers. They believe that their strength lies in understanding the requirements of the customer and their execution capabilities which enables us to attract new customers. Strategies - Entering the E-Commerce Market As part of our long-term strategy, theytheirOur Company plans to invest in building a state-of-the-art e-commerce platform that will offer an extensive range of jewellery products to customers across India. The platform will provide customers with a seamless shopping experience, including easy navigation, multiple payment options, and fast delivery. Regional Inclinations The company has been successfully operating in western and eastern regions, specifically in Gujarat and Odisha. TheyWe intend to leverage our substantial efforts and experience, to expand our presence across several markets and have the potential for opening a further showroom. TheyWe have started in Maharashtra, specifically Nagpur as a 97 region with a lot of potential for growth and started the operations. These regions have a significant market for jewellery and the company aims to capitalize on the opportunities presented in these regions. Adherence to Quality and Hallmarking theyWe endeavour to maintain the quality of theirour products, and follow strict procedures to ensure quality control, timely delivery and competitive prices. TheOur company intends to strengthen its product development effort by leveraging skills of its employees and focussing on changing trends in the designs of jewellery and customers demand, which will help to increase the sales of theour cCompany and retain customers. As Koura Fine Diamond Jewelry Limited prepares for its forthcoming IPO, it stands as a beacon of excellence in the natural resource processing industry. With a diversified product portfolio, a focus on sustainability, and a strategic vision for the future, the company is poised for continued growth and success, promising investors a compelling opportunity to partake in their journey towards a greener, more sustainable future. a) Funding the working capital requirements of the company b) General Corporate Purpose Here are key details about the Koura Fine Diamond Jewelry Limited IPO: Company Name Koura Fine Diamond Jewelry Limited Koura Fine Diamond Jewelry Limited IPO Opening Date March 6, 2024 Company Established On 2022 Koura Fine Diamond Jewelry Limited IPO Allotment Status March 12, 2024 Koura Fine Diamond Jewelry Limited IPO Closing Date March 11, 2024 Koura Fine Diamond Jewelry Limited IPO Listing Date March 14, 2024 Credit of Shares to the Demat Account March 13, 2024 Koura Fine Diamond Jewelry Limited IPO Lot Size 2000 Shares Koura Fine Diamond Jewelry Limited IPO Face Value ₹10 per share Koura Fine Diamond Jewelry Limited IPO to be Listed on BSE, Koura Fine Diamond Jewelry Limited IPO Issue Size ₹5.50 Cr Koura Fine Diamond Jewelry Limited IPO Price band ₹55 per share