IPO

Khazanchi Jewellers Limited IPO

BSE SME

Listed On: Aug 7, 2023 at ₹ 142.3

₹ 140000 /1000 Shares

Check Allotment

Khazanchi Jewellers Limited IPO Details

24 Jul, 2023

Open Date

28 Jul, 2023

Close Date

02 Aug, 2023

Allotment Date

07 Aug, 2023

Listing Date

Issue Price

₹140 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

142.3

Listing Date

2023-08-07

Market Lot

1000 Shares (₹140,000/-)

Lead Manager

Mark Corporate Advisors Private Limited

Issue Size

6,910,000 shares(aggregating up to ₹97.00 Cr)

Retail Portion

50%

Subscription

1.32 times

IPO Docs

DRHP RHP

Khazanchi Jewellers Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved3,282,0003,282,0006,564,000
Day 1 - 24-07-23 06:00 PM0.26 x0.13 x0.19 x
Day 2 - 25-07-23 06:00 PM0.86 x0.26 x0.56 x
Day 3 - 26-07-23 06:00 PM1.18 x0.38 x0.78 x
Day 4 - 27-07-23 06:00 PM1.52 x0.53 x1.03 x
Day 5 - 28-07-23 06:00 PM1.85 x0.78 x1.32 x

Khazanchi Jewellers Limited Valuations

Earnings Per Share (EPS)

₹7.62/-

P/E Ratio

45.75

RoNW

20.98%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Khazanchi Jewellers Limited Company Financials All values are in ₹ Lakh

31-Dec-2231-Mar-2231-Mar-2131-Mar-20
Assets14,274.7812,436.2011,319.7910,379.93
Revenue33,450.9625,799.7538,242.8936,165.36
Profit After Tax585.53326.62275.58230.71

About The 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.

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Khazanchi Jewellers Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr Tarachand Mehta
  2. Mr. Goutham

Khazanchi Jewellers Limited IPO - Issue Objectives

  1. 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
  2. To augment the working capital requirements of the existing operations
  3. 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. The size of Khazanchi Jewellers Limited IPO is 6,910,000 shares(aggregating up to ₹97.00 Cr).

Ans. The IPO price band is set between ₹140 per equity share.

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