Khazanchi Jewellers Limited IPO
BSE SMEListed On: Aug 7, 2023 at ₹ 142.3
₹ 280000 /2000 Shares
*Min Investment
24 Jul, 2023
Open Date28 Jul, 2023
Close Date02 Aug, 2023
Allotment Date07 Aug, 2023
Listing DateKhazanchi Jewellers Limited IPO Issue Details
- Issue Price ₹140 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,910,000 shares(aggregating up to ₹97.00 Cr)
- Listing at BSE SME
- List Price 142.3
- Listing Date 2023-08-07
- Lead Manager Mark Corporate Advisors Private Limited
- Registrar Cameo Corporate Services Limited
Khazanchi Jewellers Limited IPO Details
- Retail Portion 50%
Khazanchi Jewellers Limited IPO Details
Khazanchi Jewellers Limited IPO is an SME IPO, priced at ₹140 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 Jul 24, 2023 to Jul 28, 2023. The allotment is expected to be finalized on Aug 2, 2023, and the tentative listing date is Aug 7, 2023.
The registrar of the IPO is Cameo Corporate Services Limited, and
Khazanchi Jewellers Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,282,000 | 3,282,000 | 6,564,000 |
Day 1 24-07-23 06:00 PM | 0.26 x | 0.13 x | 0.19 x |
Day 2 25-07-23 06:00 PM | 0.86 x | 0.26 x | 0.56 x |
Day 3 26-07-23 06:00 PM | 1.18 x | 0.38 x | 0.78 x |
Day 4 27-07-23 06:00 PM | 1.52 x | 0.53 x | 1.03 x |
Day 5 28-07-23 06:00 PM | 1.85 x | 0.78 x | 1.32 x |
Khazanchi Jewellers Limited Valuations
Khazanchi Jewellers Limited Company Financials
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 14,274.78 | 12,436.20 | 11,319.79 | 10,379.93 |
| Revenue | 33,450.96 | 25,799.75 | 38,242.89 | 36,165.36 |
| Profit After Tax | 585.53 | 326.62 | 275.58 | 230.71 |
About Khazanchi Jewellers Limited Company
Khazanchi Jewellers Limited a prominent player in the Indian Jewellery Industry. The company has a strong presence in both the wholesale and retail sectors.
The company specializes in producing and selling a wide range of jewelry products. These include gold, and diamond jewelry, precious stones, and other fancy jewellery and bullion in the form of coins and bars.
Khazanchi Jewellers has a rich history spanning over three decades in the Indian jewelry industry.
The company has one showroom located at No. 130, NSC Bose Road, Sowcarpet Chennai. To further its business, the entity intends to establish more such showroom in the same city through funds to be received by way of the IPO.
Khazanchi Jewellers has positive financial reports over the past years. For the financial years 2020, 2021, and 2022, the PAT of the company was Rs. 230.71 lakhs, Rs. 275.58 lakhs, and Rs. 326.62 lakhs, respectively.
Khazanchi Jewellers Limited - Promoter(s)
Mr Tarachand Mehta
Mr. Goutham
Pre Issue Share Holding : 100%
Post Issue Share Holding : %
Khazanchi Jewellers Limited IPO - Issue Objectives
To finance the establishment of the new showroom at Chennai, Tamil Nadu - (a) Capital Expenditure for the new showroom, (b) Inventory cost for the new showroom
To augment the working capital requirements of the existing operations
For general corporate purposes
Khazanchi Jewellers Limited IPO - FAQs
Ans. Khazanchi Jewellers Limited IPO is a SME IPO. The issue is priced at ₹140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jul 24, 2023, and closes on Jul 28, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Khazanchi Jewellers Limited IPO opens on Jul 24, 2023 and closes on Jul 28, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Khazanchi Jewellers Limited IPO is 6,910,000 shares(aggregating up to ₹97.00 Cr).
Ans. The Khazanchi Jewellers Limited IPO price band is set between ₹140 per equity share.
Ans. To apply for Khazanchi Jewellers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Khazanchi 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 Khazanchi Jewellers Limited IPO is Aug 2, 2023.
Ans. The Khazanchi Jewellers Limited IPO will be listed on Aug 7, 2023.
Ans. Follow the steps to check the Khazanchi Jewellers Limited IPO allotment status online.
