Shoora Designs Ltd. Stock Analysis 543970.BO

Shoora Designs Ltd. manufactures diamond jewelry and sells in an online shop. The company is headquartered in Surat, Gujarat and currently employs 11 full-time employees. The company went IPO on 2023-08-29. The operations of the Company include sourcing of rough, polished, and uncut diamonds from primary and secondary source suppliers in the domestic market and the sale of diamonds to retail and wholesale operations in Gujarat and Mumbai. The Company, through its online platform, provides customers with an option to browse a variety of diamonds through its catalogue. Its product portfolio includes gold jewelry, silver jewelry, fancy cut loose diamond pair, natural solitaire diamonds, natural loose diamonds, natural black diamonds, pie cut diamonds, natural diamond jewelry and lab grown diamond jewelry. Its jewelry category includes earrings, pendants, necklaces, bracelets, watches, and others. The company primarily sells diamonds to a customer base spread across domestic markets that includes various jewelry manufacturers, large department store chains, retail stores and wholesalers.