Kenrik Industries Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Apr 2025

Close Date

06 May 2025

Allotment

07 May 2025

Listing Date

09 May 2025

Exchange

BSE SME

Price Band

₹25

Listing Price

See chart

Allotment Status

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Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

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

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

89,99,900 shares

Promoters

Post-IPO Holding

1,24,97,900 shares

Promoters

P/E (Pre)

20.74x

P/E (Post)

23.31x

EPS (Pre)

₹1.21

EPS (Post)

₹1.07

UPI Deadline

2025-05-06

Mandate

Anchor AllotmentMon, 28 Apr 2025

Basis of AllotmentWed, 07 May 2025

Refund InitiationThu, 08 May 2025

Demat CreditThu, 08 May 2025

Listing DayFri, 09 May 2025

UPI Mandate Deadline2025-05-06

Sale TypeFresh Capital

Net Offer to Public33,18,000 shares (aggregating up to ₹8.30 Cr)

Market Maker Quota1,80,000 shares (aggregating up to ₹0.4500 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Kenrik Industries Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 May 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	180,000	—	₹0.45
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,498,000	100%	₹8.75

IPO Shares Offered

Kenrik Industries Ltd IPO total issue size: ₹8.75 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	180,000	₹0.45	5.15%
Total	3,498,000	₹8.75	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹300,000
Retail (Max — 13 Lots)	13	78,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	84,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	408,000	₹10,200,000

* Issue Price ₹25 × Lot Size 6,000 shares

IPO Schedule

Anchor

28 Apr 2025

✓ Done

IPO Open

29 Apr 2025

✓ Done

IPO Close

06 May 2025

✓ Done

Allotment

07 May 2025

✓ Done

Refunds

08 May 2025

✓ Done

Demat Credit

08 May 2025

✓ Done

Listing Day

09 May 2025

✓ Done

₹25.00

INR · BSE

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Issue ₹25.00 Live Price

About Kenrik Industries Ltd

Incorporated in 2017, Kenrik Industries Limited is engaged in the design and distribution of traditional Indian jewellery. The company’s product range features handmade gold jewellery studded with precious and semi-precious stones, including diamonds, rubies, and cubic zirconia.Kenrik Industries Limited offers an extensive portfolio that includes rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items, and wedding jewellery. The products are crafted to meet specific customer requirements and are manufactured on a job-work basis at the company’s facility located in Ahmedabad, Gujarat.Kenrik Industries Limited currently operates under a Business-to-Business (B2B) model, catering to customers across high-end, mid-market, and value market segments. The company places strong emphasis on quality control, inventory management, and business development, ensuring all jewellery is certified by BIS Hallmark.As of July 31, 2024, Kenrik Industries Limited has a total of 9 employees across various departments.

Objects of the Issue

To meet Working Capital Requirements

General Corporate Expenses

Kenrik Industries Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹52.0

31 Mar 2023

₹71.0

31 Mar 2024

₹42.2

31 Oct 2024

Profit After Tax (PAT)

₹0.5

31 Mar 2023

₹1.1

31 Mar 2024

₹0.8

31 Oct 2024

Particulars	31 Oct 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	42.19	70.97	52.04
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	0.78	1.08	0.47
Net Worth	13.37	12.59	11.50
Total Assets	15.98	15.80	15.59
Reserves & Surplus	N/A	N/A	N/A
Borrowings	0.99	0.78	0.57
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	1.53%	—	—

RoE

9.01%

RoCE

10.85%

RoNW

8.62%

PAT Margin

1.53%

Debt/Equity

0.06

Issue Structure & Shareholding

Total Shares Offered34,98,000 (100.00%)

Net Offer to Public33,18,000 shares (aggregating up to ₹8.30 Cr)

Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.4500 Cr)

Pre-Issue Promoter Holding89,99,900 shares

Post-Issue Promoter Holding1,24,97,900 shares

P/BV RatioN/A

RoE9.01%

RoCE10.85%

Debt / Equity0.06

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

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

Check Allotment

Book Running Lead Managers

Turnaround Corporate Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kenrik Industries Ltd IPO subscribed? ▲

Kenrik Industries Ltd IPO is subscribed 1.00 times by May 06, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kenrik Industries Ltd IPO retail subscription status? ▼

The Kenrik Industries Ltd IPO retail category is subscribed 1.00 times as of 06 May 2025. The retail portion is oversubscribed.

How to subscribe Kenrik Industries Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Apr 2025 and closes 06 May 2025. Min investment: ₹150,000 (1 lot = 6,000 shares). UPI mandate: 2025-05-06.

How many times Kenrik Industries Ltd IPO subscribed? ▼

The Kenrik Industries Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kenrik Industries Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 07 May 2025. Refunds: on 08 May 2025.

When Kenrik Industries Ltd IPO will be listed? ▼

The Kenrik Industries Ltd IPO listing date is 09 May 2025, Friday. Listed on: BSE SME. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Kenrik Industries Ltd IPO close? ▼

The Kenrik Industries Ltd IPO closes on 06 May 2025, Tuesday. UPI mandate: 2025-05-06. Allotment: 07 May 2025. Listing: 09 May 2025.

Quick Actions

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Live Price LIVE

Last Price₹25.00

Change—

Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date29 Apr 2025

Close Date06 May 2025

Allotment07 May 2025

Listing Date09 May 2025

ExchangeBSE SME

UPI Deadline2025-05-06