Eighty Jewellers Limited IPO
BSE SMEListed On: Apr 13, 2022 at ₹ 42.0
₹ 246000 /6000 Shares
*Min Investment
31 Mar, 2022
Open Date05 Apr, 2022
Close Date08 Apr, 2022
Allotment Date13 Apr, 2022
Listing DateIPO Issue Details
- Issue Price ₹41 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr)
#Fresh Issue: 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr) - Listing at BSE SME
- List Price 42.0
- Listing Date 2022-04-13
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion 50%
IPO Details
Eighty Jewellers Limited IPO is an SME IPO, priced at ₹41 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 31, 2022 to Apr 5, 2022. The allotment is expected to be finalized on Apr 8, 2022, and the tentative listing date is Apr 13, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,281,000 | 1,281,000 | 2,562,000 |
Day 1 31-03-22 06:00 PM | 0.72 x | 0.07 x | 0.40 x |
Day 2 01-04-22 06:00 PM | 0.82 x | 0.12 x | 0.47 x |
Day 3 04-04-22 06:00 PM | 1.24 x | 0.46 x | 0.85 x |
Day 4 05-04-22 06:00 PM | 2.88 x | 2.03 x | 2.45 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 33.98 | 31.97 | 31.74 | 27.45 |
| Revenue | 44.36 | 78.68 | 64.90 | 81.92 |
| Profit After Tax | 0.83 | 3.76 | 1.55 | 1.001 |
About Company
Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited. The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers. The company is located in Chhattisgarh. Eighty Jewellers Limited has the right to open stores in the Brand name of Anopchand Tilokchand Jewellers either directly opening a showroom or through sub-franchise arrangements.
The company operates on a B2B business model, selling jewellery products to a sub-franchisee store at Korba operated by M/S Chhattisgarh Sales Corporation and also serves as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.
- Promoter(s)
Mr. Tilok Chand Bardia
Mr. Nikesh Bardia
Mr. Nitin Kumar Bardia
Pre Issue Share Holding : 100%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
To meet Working Capital requirements.
General Corporate Purpose.
IPO - FAQs
Ans. Eighty Jewellers Limited IPO is a SME IPO. The issue is priced at ₹41 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 31, 2022, and closes on Apr 5, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Eighty Jewellers Limited IPO opens on Mar 31, 2022 and closes on Apr 5, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Eighty Jewellers Limited IPO is 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr) #Fresh Issue: 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr).
Ans. The Eighty Jewellers Limited IPO price band is set between ₹41 per equity share.
Ans. To apply for Eighty Jewellers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Eighty Jewellers Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Eighty Jewellers Limited IPO is Apr 8, 2022.
Ans. The Eighty Jewellers Limited IPO will be listed on Apr 13, 2022.
Ans. Follow the steps to check the Eighty Jewellers Limited IPO allotment status online.
