Kenvi Jewels Limited IPO

Add to Calendar 2018-02-02 12:00 AM 2018-02-07 12:00 AM Asia/Kolkata Kenvi Jewels Limited IPO Kenvi Jewels Limited India

Introduction: nbsp; nbsp;Kenvi Jewels Ltd(KJL) is  primarily involved in the manufacturing and retailing of jewellery. Company offers a wide  range of precious, magnificent , fashionable and flawless. Company sells gold jewellery made with studded diamonds, precious and semi-precious stones.

Date of Establishment:   Kenvi Jewels Ltd(KJL) ,an Ahmedabad based company   was established in the  year August 24,2017

Product & Service Offering: Company’s range of products  includes jewellery for wedding and festivals. Few of the products made by the company are earrings, nose-rings/pins, manga sutra, bangles,  pendants and bracelets

Customer Segment: Company sells jewellery in the local market under the brand name “Suvarnakrupa”

Promoters of Kenvi Jewels Ltd:  Company is promoted by  Mr. Chirag Champaklal Valani and Mrs. Hetalben Chiragkumar Valani.

Objects of the Issue: The gains from the issue will be used for  meeting the  day to day cash requirements to run the company and to cater to the expenses incurred by  the release of the issue

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

23.4

21.1

17.1

10.2

NA

 

Total Revenue

71.8

70.5

29.0

17.4

NA

 

Profit After Tax

0.23

0.078

0.051

0.105

NA

 

Issue Detail

  • Issue Open: Feb 02, 2018
  • Issue Close: Feb 07, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 36 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 6.70 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 883,500 883,500 - 93,000 1,860,000
Day 1 - Feb 02, 2018IST 0 0 36,000 - - 36,000
Day 2 - Feb 05, 2018IST 0 0 96,000 - - 96,000
Day 3 - Feb 06, 2018IST 0 648,000 150,000 - - 798,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 36.00 -
Open Rs 35.10 -
Low Rs 31.05 -
High Rs 43.20 -
Last Trade Rs 39.10 -
Volume 84,000 -

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