Shoora Designs IPO


Established in 2021, Shura Designs Limited is engaged in the business of manufacturing and trading diamonds and jewellery. The company mainly manufactures natural diamonds and jewelery with a focus on natural lab grown diamonds and jewellery. Shura procures natural diamonds from suppliers and outsources cleaving, laser cutting and polishing services from local job-workers in Surat's local market while rough diamond planning and mapping remains in-house. Its main customers come from wholesalers and retailers with business concentration mainly in Surat, Gujarat and Mumbai, Maharashtra..



    Shoora Designs IPO Date, Price & Offer Details

    Shoora Designs IPO will be open on 17-08-2023 and will close on 21-08-2023. The following table provides all the information related to Shoora Designs IPO including the date, price and offer details of Shoora Designs IPO

    Shoora Designs IPO Date, Price & Offer Details
    Issue Open 17-08-2023
    Issue Close 21-08-2023
    Allotment Date 24-08-2023
    Unblocked Amount 25-08-2023
    Credit Demat Amount 28-08-2023
    Listing Date 29-08-2023
    Issue Size
    4,24,000 Total Equity Share
    Issue Size ₹ 2.03 Cr
    IPO Price Band ₹ 48 Per Equity Share
    Minimum Share Bid 3000
    Minimum Investment Amount [₹]  ₹ 1,44,000
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 0 %
    Retail Individual Investor [RII] 50 %
    Listing On BSE SME

    Shoora Designs IPO Grey Market Premium (GMP)

    In this article we are providing all the information about Grey Market Premium, Kostak Rate, Subject to Suada, Listing Gain of Shoora Designs IPO and we are also giving rating of this IPOs. This information can be very useful to every retail investor who are invest in IPO Market.

    Shoora Designs IPO Grey Market Premium (GMP)
    IPO Name Offer Price Premium Kostak Subject to Sauda Listing Gain Rating
    Shoora Designs IPO Details 48 - - - - Avoid

    Shoora Designs Company Financial Report (₹ in Cr)

    As per we are checking Shoora Designs company financials report and we are displaying report data as shown in below table.

    Shoora Designs Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2020 - - - -
    FY-2021 - - - -
    FY-2022 0.15 -0.16 0.11 0.03
    FY-2023 1.6 2.10 1.95 0.11
    Read More :- Shoora Designs IPO GMP

    Shoora Designs Company Valuation Details

    As per we check Shoora Designs company financials report and we display company valuation report data as shown in below table

    Shoora Designs Company Valuation Details
    Earnings Per Share [EPS] ₹ 1.34
    Price/Earnings [P/E] Ratio 35.82
    Return on Net Worth [RoNW] 7.22 %
    Net Asset Value [NAV] ₹ 14.74 Per Share

    Shoora Designs IPO Rating

    As per Shoora Designs company financials report, Shoora Designs company RoNW is 7.22 % and NAV is around 14.74 as per FY21 earning. As per we check Shoora Designs company financials report then after LiveIPO team are recommended for "Avoid" rating for Shoora Designs.

    Shoora Designs IPO Rating
    LiveIPO Avoid
    - -
    Read More :- Shoora Designs IPO Allotment Status

    Shoora Designs IPO Share Lot Size

    The share price of Shoora Designs IPO is ₹48. So in Shoora Designs IPO Minimum share lot is 1 lot with a 3000 share with an application amount of ₹1,44,000. And in retail category you can apply for a Maximum share lot is 1 lot with a 3000 share with an application amount of ₹1,44,000.

    Shoora Designs IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Retail Min 1 3000 ₹1,44,000
    Retail Max 1 3000 ₹1,44,000
    Small HNI 2 6000 2,88,000
    Read More :- Investment Call

    Shoora Designs IPO Share Offer

    A total number of 4,24,000 shares have been offered in this public issue of Shoora Designs IPO, out of this total share 4,24,000 shares have been allotted for Fresh Issue and another 0 shares are to be offered for (OFS) offer for sale.

    Shoora Designs IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: 4,24,000 2.03 Cr
    Offer For Sale: 0 0
    Total: 4,24,000 2.03 Cr
    Read More :- Upcoming IPO List

    Shoora Designs IPO Related Link
    Shoora Designs IPO GMP
    Shoora Designs IPO Subscription
    Shoora Designs IPO Allotment Status

    Shoora Designs IPO Subscription Details

    Shoora Designs Company has been issued total 4,24,000 shares through this IPO, a total 27,000 shares have been reserved for market movers for subscriptions as per the prospect report, and a total of 3,96,000 shares have been offered in QIB category and a total of 0 shares have been offered in RII.

    Shoora Designs IPO Subscription Details
    As on Date QIB RII Total
    Shared Offered 1,98,000 1,98,000 3,96,000
    Day-1
    [17-08-2023]
    1,41,000
    [0.71]
    11,28,000
    [5.7]
    12,69,000
    [3.2]
    Day-2
    [18-08-2023]
    4,08,000
    [2.06]
    36,45,000
    [18.41]
    40,53,000
    [10.23]
    Day-3
    [21-08-2023]
    70,17,000
    [35.44]
    1,85,58,000
    [93.73]
    2,55,75,000
    [64.58]

    Shoora Designs IPO Listing Details

    Shoora Designs IPO has been listed on 29-08-2023. On the below table we are providing all the listing details with target price and stop loss.

    Shoora Designs IPO Listing Details
    Listing Date 29-08-2023
    BSE Code 543970 (SHOORA)
    NSE Code -
    ISIN Code INE0OJZ01019
    IPO Price ₹ 48
    Lot Size 3000
    Expected Listing Price ₹ 54 - ₹ 58
    Book Profit ₹ 65
    Stop Loss ₹ 45
    Listing Group T
    - -

    Shoora Designs IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Shoora Designs IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Shoora Designs IPO.

    Shoora Designs IPO Grey Market Premium
    Shoora Designs IPO Grey Market Premium

    Shoora Designs IPO Allotment Status

    Shoora Designs IPO Allotment will be available on below link so click on below link and check your Shoora Designs IPO Allotment Status.

    Shoora Designs IPO Allotment Status
    Shoora Designs IPO Allotment Status
      Shoora Designs IPO Live Subscription
    Shoora Designs IPO Subscription in BSE
    Shoora Designs IPO Prospectus
    Shoora Designs IPO DRHP
    Shoora Designs IPO RHP

    Shoora Designs Company Contact Details

    Shoora Designs Limited
    Diamond Apartments Co-op Housing Society,
    LT H No. 7/3388/A, 6th floor,
    C/1, 601, Haththupura char rasta,
    Surat – 395003, Gujarat, India.
    Tel: +91 9004746705;
    E-mail: compliance@shooradesigns.com;
    Website: www.shooradesigns.com

    Shoora Designs IPO Registrar

    KFIN TECHNOLOGIES LIMITED
    Selenium, Tower-B, Plot 31& 32,
    Gachibowli Financial District Nanakramguda,
    Hyderabad – 500032, Telangana, India
    Telephone: +91-40-6716-2222
    Email: shooradesigns.ipo@kfintech.com.
    Investor Grievance Email ID: einward.ris@kfintech.com
    Contact Person: M Murali Krishna
    Website: www.kfintech.com
    SEBI Registration Number: INR000000221
    CIN: L72400TG2017PLC117649

    Shoora Designs IPO Lead Managers

    SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
    Principal Place of Business: 304,
    A Wing, 215 Atrium Near Courtyard Marriot, Andheri
    Kurla Road, Andheri East,
    Mumbai – 400093, Maharashtra, India
    Telephone: +91-22-6964-9999
    Email: compliance@swarajshares.com
    Investor Grievance Email ID: investor.relations@swarajshares.com
    Contact Person: Pankita Patel/ Tanmoy Banerjee
    Website: www.swarajshares.com
    SEBI Registration Number: INM00012980
    CIN: U51101WB2000PTC092621

    Shoora Designs IPO FAQs

    What is the Shoora Designs IPO?
    Shoora Designs IPO is the Main Board IPO of 4,24,000 equity shares of the face value of ₹10 aggregating up to ₹2.03 Crores. The issue is priced at ₹48 per equity share. The minimum order quantity is 3000 Shares.

    Who is the registrar company of Shoora Designs IPO?
    Kfin Technologies Private Limited is the registrar company of Shoora Designs IPO.

    When is the Shoora Designs IPO Opening date?
    The Shoora Designs IPO Opening on 17-08-2023

    When is the Shoora Designs IPO Closing date?
    The Shoora Designs IPO Closing on 21-08-2023

    When is the Shoora Designs IPO allotment date?
    The Shoora Designs IPO Allotment will be done on 24-08-2023

    Shoora Designs IPO Allotment Status

    On what date will the Shoora Designs IPO amount be refunded?
    Shoora Designs IPO will refund the amount on 25-08-2023

    On which date Shoora Designs IPO Shares will be credited to the demat account?
    The Shoora Designs IPO Shares will be credited to your demat account on 28-08-2023.

    When is the Shoora Designs IPO listing date?
    The Shoora Designs IPO listing date is on 29-08-2023.

    What is the Shoora Designs IPO Price Band?
    Shoora Designs IPO Price Band is ₹48 per equity share.

    What is the lot size of the Shoora Designs IPO?
    Shoora Designs IPO the minimum bid is 3000 Shares with ₹1,44,000 amount and maximum bid is 3000 shares with ₹1,44,000.

    What is the expected Shoora Designs IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Shoora Designs IPO is around ₹ - to ₹ -

    What is the Shoora Designs IPO Expected Returns?
    As per Grey Market Premium (GMP), Shoora Designs IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Shoora Designs IPO?
    The Shoora Designs IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the Shoora Designs IPO?
    If the Shoora Designs IPO goes below - then sell the Shoora Designs IPO.

    What will i do in Shoora Designs IPO?
    If the Shoora Designs IPO listing above - then sell the Shoora Designs IPO and book profit.

    How to check Shoora Designs IPO Allotment Status?
    Below we are provide all the step how to check Shoora Designs IPO allotment online

    • Go to the Shoora Designs IPO Allotment Status Link
    • Click on Click Here button
    • Select Shoora Designs IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Shoora Designs IPO?
    • You can apply for the Shoora Designs IPO using ASBA online through your internet banking.
    • You can also apply for the Shoora Designs IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk.
    • We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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