Live GMP Logo
Shoora Designs Limited

Shoora Designs Limited

smelisted
Registrar: Kfin Technologies Limited · Listing 2023-08-29
IPO Timeline
Today · 21 Oct 2026
Opens
17 Aug 2023
Closes
21 Aug 2023
Allotment
19 Aug 2023
Refund
25 Aug 2023
Demat
24 Aug 2023
Listing
29 Aug 2023
Price Band
₹48–48
GMP
₹0
0%
Lot Size
3000 Shares
Min ₹144,000
Subscription
0x
Issue Size
₹2.03 Cr
Open
2023-08-17
Close
2023-08-21
Listing
2023-08-29

About the company

## **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|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 29 Aug 2023
      Listed 1149 days ago
      1. IPO Opens

        Completed
        17 Aug 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 Aug 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        19 Aug 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        25 Aug 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        24 Aug 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        29 Aug 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      3000 shares
      Price / Share (upper)
      ₹48
      Min Investment (1 lot)
      ₹144,000
      Price Band
      ₹48–48
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      3000
      Min amount
      ₹144,000
      Max amount
      ₹144,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      6000
      Min amount
      ₹288,000
      Max amount
      ₹288,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹1.02 Cr
      Shares offered
      211,459
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹0.3 Cr
      Shares offered
      63,438
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹0.71 Cr
      Shares offered
      148,021
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).