Eighty Jewellers Limited IPO

BSE SME

Listed On: Apr 13, 2022 at ₹ 42.0

₹ 123000 /3000 Shares

Check Allotment

IPO Details

31 Mar, 2022

Open Date

05 Apr, 2022

Close Date

08 Apr, 2022

Allotment Date

13 Apr, 2022

Listing Date

Issue Price

₹41 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

42.0

Listing Date

2022-04-13

Market Lot

3000 Shares (₹123,000/-)

Lead Manager

Hem Securities Limited

Issue Size

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)

Retail Portion

50%

Subscription

2.45 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹3.70/-

P/E Ratio

11.09

RoNW

40.58%

Net Asset Value (NAV) - Post Issue

₹20.77/-

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: N/A%

Company Promoter(s)

Mr. Tilok Chand Bardia
Mr. Nikesh Bardia
Mr. Nitin Kumar Bardia

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. 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 IPO price band is set between ₹41 per equity share.

Ans. To apply for Eighty Jewellers Limited IPO 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 allotment status for Eighty Jewellers Limited IPO here.