Veerkrupa Jewellers Limited IPO

BSE SME

Listed On: Jul 18, 2022 at ₹ 27.0

₹ 108000 /4000 Shares

Check Allotment

IPO Details

29 Jun, 2022

Open Date

08 Jul, 2022

Close Date

14 Jul, 2022

Allotment Date

18 Jul, 2022

Listing Date

Issue Price

₹27 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFin Technologies Limited

List Price

27.0

Listing Date

2022-07-18

Market Lot

4000 Shares (₹108,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

3,000,000 shares of ₹10(aggregating up to ₹8.10 Cr)

Retail Portion

N/A

Subscription

1.85 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,424,000	1,424,000	2,848,000
Day 1 - 29-06-22 06:00 PM	0.15 x	0.22 x	0.19 x
Day 2 - 30-06-22 06:00 PM	0.16 x	0.41 x	0.28 x
Day 3 - 01-07-22 06:00 PM	0.17 x	0.59 x	0.38 x
Day 4 - 04-07-22 06:00 PM	0.79 x	1.96 x	1.38 x
Day 5 - 05-07-22 06:00 PM	1.04 x	2.67 x	1.85 x

Valuations

Earnings Per Share (EPS)

₹0.06/-

P/E Ratio

28.99

RoNW

0.22%

Net Asset Value (NAV) - Post Issue

₹26.25/-

Company Financials All values are in ₹ Cr.

	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	11.59	10.34	5.20	3.35
Revenue	10.02	4.63	10.94	1.65
Profit After Tax	0.21	0.01	0.01	0.08

About The Company

Veerkrupa Jewellers Limited is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that include diamond, platinum and other precious and semi-precious stones. Veerkrupa Jewellers Limited has two showrooms located at Naroda and Narol has an average size of 1050 square feet and 13 staff, the majority of them are sales personnel.Veerkrupa Jewellers sell a wide range of jewellery products such as designer, traditional, modern and combined designs of jewellery such as earrings, chains, bracelets, gold/silver bars, Bands, Mandalsutra, Pendant sets and chains, Anklets, Waist Belts, necklaces, Hand tools, pooja items and decorative items in silver. The company sell jewellery products for multiple occasions such as weddings and party-wear, jewellery for personal milestones, festival jewellery, daily-wear jewellery, kid's jewellery and men's jewellery.

- Promoter(s)

Pre Issue Share Holding: 79.94%

Post Issue Share Holding: 49.44%

Company Promoter(s)

Mr. Chirag Arvind Shah
Mrs Nehaben Chiragbhai Shah

IPO - Issue Objectives

To meet the Working Capital requirements.
General Corporate Expenses.

IPO - FAQs

Ans. Veerkrupa Jewellers Limited IPO is a SME IPO. The issue is priced at ₹27 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jun 29, 2022, and closes on Jul 8, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Veerkrupa Jewellers Limited IPO opens on Jun 29, 2022 and closes on Jul 8, 2022.

Ans. The size of Veerkrupa Jewellers Limited IPO is 3,000,000 shares of ₹10(aggregating up to ₹8.10 Cr).

Ans. The IPO price band is set between ₹27 per equity share.

Ans. To apply for Veerkrupa Jewellers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Veerkrupa 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 Veerkrupa Jewellers Limited IPO is Jul 14, 2022.

Ans. The Veerkrupa Jewellers Limited IPO will be listed on Jul 18, 2022.

Ans. Follow the steps to check the allotment status for Veerkrupa Jewellers Limited IPO here.