Kenrik Industries Limited IPO

BSE SME

Offer Date: Apr 29, 2025 - May 6, 2025

₹ 150000 /6000 Shares

Kenrik Industries IPO Details

29 Apr, 2025

Open Date

06 May, 2025

Close Date

07 May, 2025

Allotment Date

09 May, 2025

Listing Date

Issue Price

₹25 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

6000 Shares (₹150,000/-)

Lead Manager

Turnaround Corporate Advisors Private Limited

Issue Size

34,98,000 shares(aggregating up to ₹8.75 Cr)

Retail Portion

50%

Subscription

N/A times

IPO Docs

DRHP RHP

The IPO of Kenrik Industries is priced at ₹25 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

Kenrik Industries IPO bid opening date is from Apr 29, 2025 and the bid closing date was May 6, 2025.
Kenrik Industries IPO allotment result will be available on May 7, 2025. The tentative listing date for Kenrik Industries is May 9, 2025.

The total issue size is 34,98,000 shares(aggregating up to ₹8.75 Cr).

Kenrik Industries Valuations

EPS Pre IPO

₹1.21/-

EPS Post IPO

₹1.07/-

P/E Pre IPO

20.74

P/E Post IPO

23.31

ROE

9.01%

ROCE

10.85%

Debt/Equity

0.06

RoNW

8.62%

PAT Margin

1.53

Kenrik Industries Company Financials All values are in ₹ Cr.

	31-Oct-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	15.98	15.8	15.59	12.47
Revenue	42.19	70.97	52.04	32.69
Profit After Tax	0.78	1.08	0.47	0.39
Net Worth	13.37	12.59	11.5	11.03
Total Borrowing	0.99	0.78	0.57	0.35

About The Company

Established in 2017, Kenrik Industries Limited deals in designing and marketing traditional Indian jewelry. The firm's product lineup includes handmade gold jewelry studded with precious and semi-precious stones, such as diamonds, rubies, and cubic zirconia.

Kenrik Industries Limited provides a wide range of products that comprise rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items, and wedding jewellery. The products are designed as per the specific requirements of the customers and are produced on a job-work basis at the company's plant in Ahmedabad, Gujarat.

Kenrik Industries Limited is presently engaged in a Business-to-Business (B2B) model, serving customers from high-end, mid-market, and value segments. Strong focus is given to quality check, inventory, and business development with a guarantee that all jewellery is BIS Hallmark certified.

As of 31st July, 2024, Kenrik Industries Limited employs a total of 9 staff members across different departments

Kenrik Industries - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 72.01%

Company Promoter(s)

Nitinkumar Dalpatbhai Shah
Nihar Nitinbhai Shah
Manisha Nitinkumar Shah
Shah Nitin Dalpatlal (HUF)

Kenrik Industries IPO - Issue Objectives

To meet Working Capital Requirements
General Corporate Expenses

Other Details

Company Contact Details

Kenrik Industries

B-306, East Face, Behind Maruti Suzuki Showroom, Nr. S P Ring Road, Ambli Road, Ambli, Daskroi, Ahmedabad, Gujarat – 380058

Phone: +91-9687141430

Email: cs@kenrikindustries.net

Website: http://www.kenrikindustries.net/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

Kenrik Industries IPO - FAQs

Ans. Kenrik Industries Limited IPO is a SME IPO. The issue is priced at ₹25 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Apr 29, 2025, and closes on May 6, 2025. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Kenrik Industries Limited IPO opens on Apr 29, 2025 and closes on May 6, 2025.

Ans. The size of Kenrik Industries Limited IPO is 34,98,000 shares(aggregating up to ₹8.75 Cr).

Ans. The IPO price band is set between ₹25 per equity share.

Ans. To apply for Kenrik Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Kenrik Industries 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 Kenrik Industries Limited IPO is May 7, 2025.

Ans. The Kenrik Industries Limited IPO will be listed on May 9, 2025.

Ans. Follow the steps to check the allotment status for Kenrik Industries Limited IPO here.