Khazanchi Jewellers (BSE SME)

Jul 24, 2023 - Jul 28, 2023

Price ₹140 - ₹140
Premium ₹5
Lot size 1000
Allotment Aug 3, 2023
Listing Aug 7, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1000 140000 0
HNI 2 2000 280000 0
Investor CategorySubscription (times)
Market Maker1
Non-Institutional Buyers*1.74
Retail Investors0.78
Total1.26
About

Incorporated in 1996, 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.

Khazanchi Jewellers IPO Details

Total Issue Size 6,910,000 shares
(aggregating up to ₹97.00 Cr)
Fresh Issue 6,910,000 shares
(aggregating up to ₹96.74 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue 17,836,900
Share holding post issue 24,746,900
Market Maker portion 346,000 shares
Svcm Securities

Khazanchi Jewellers IPO Reservation

Other Shares Offered 50% of the Net Issue
Retail Shares Offered 50% of the Net Issue

Company Financials

Period Ended 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23
Total Assets 10,379.93 11,319.79 12,436.20 14,506.80
Total Revenue 36,165.36 38,242.89 25,799.75 48,181.65
Profit After Tax 230.71 275.58 326.62 756.49
Net Worth 2,269.33 2,544.91 2,871.53 3,604.99
Reserves and Surplus 1,276.21 1,551.79 1,878.41 2,611.87
Total Borrowing 7,786.00 7,480.12 8,412.38 8,462.47
Lead Manager(s)
Strength
Weakness
Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/