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Shoora Designs IPO Date, Price, Review and Details

 

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Shoora Designs IPO

August 17, 2023 - August 21, 2023 Closed

Shoora Designs IPO 

Shoora Design Limited was engaged in a company operated within the 'Textiles & Apparel sector, particularly in 'Apparel & Accessories'. However, in the subsequent year, the company's purpose was changed to focus on producing and selling diamonds and jewelry. The online platform makes it easy for customers to explore a wide range of diamonds using its catalog. This catalog also includes pricing information for each product, helping potential buyers make informed choices. They provide customers with finely crafted diamonds. They have built strong connections with both buyers and suppliers, earning a reputation of trust and reliability through the years.

Company Promoters:

·       Mr. Satish K Kansodariya
·       Mrs. Sejalben Satish Kansodariya
·       Mr. Rajeshbhai Labhubhai Mer

Objects of this Issue:

·       The company plans to use the funds generated from the offering to meet its day-to-day operational needs and for various general business activities.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

16,898.53

1,502.70

75.00

Total Liabilities

1,039.56

1,061.31

25

Net Profit

1145.63

391.39

(5.00)

Shoora Designs IPO Schedule

1.     Bid or Offer Opens on: 17 August 2023
2.     Bid or Offer Closes on: 21 August 2023
3.     Finalization of BoA: 24 August 2023
4.     Initiation of Refunds: 25 August 2023
5.     Credit of shares to Demat account: 28 August 2023
6.     Listing Date: 29 August 2023


Shoora Designs IPO Lot Size

The market lot size of Shoora Designs IPO is 6,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3,000

₹144,000

Maximum

1

  3,000

₹144,000

S-HNI(Minimum)

2

  6,000

₹288,000

Company Contact Details:

Diamond Apartments Co-op Housing

Society, LT H No. 7/3388/A, 6th floor, C/1,

601, Haththupura Char Rasta, Surat – 395003,

Gujarat, India

Phone: 9004746705

Email:  compliance@shooradesigns.com  

Website:  www.shooradesigns.com

Shoora Designs IPO Registrar Details:
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

Website:  www.kfintech.com

Frequently Asked Question

The face value of Shoora Designs IPO IPO is ₹10 per share.
The meaning of "Shoora Designs IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of shoora designs limited on the current day.
Shoora Designs IPO Shares will get listed at BSE SME.
Shoora designs ltd share price ₹48 per share.
Post-issue shareholding of the Shoora Designs IPO promoter is 71.77%.
If you do not get the allotment of shoora designs private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Shoora Designs IPO shares will get listed on August 29, 2023.
Closing date of Shoora Designs IPO is August 21, 2023.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
You will receive Shoora Designs IPO shares in your Demat account on August 28, 2023, if allotted.
Pre-issue shareholding of the Shoora Designs IPO promoter is 100.00%.
Opening date of Shoora Designs IPO is August 17, 2023.
Minimum and maximum order quantity is 1 lot only.
Lot size of the Shoora Designs IPO is 3000 shares.
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