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Khazanchi Jewellers Ltd

Khazanchi Jewellers Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹140
Based on GMP
Min. Investment
₹140,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Jul 2023
Close Date
28 Jul 2023
Allotment
02 Aug 2023
Listing Date
07 Aug 2023
Exchange
BSE SME
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
69,10,000 shares (aggregating up to ₹96.74 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
1,78,36,900 shares
Promoters
Post-IPO Holding
2,47,46,900 shares
Promoters
P/E (Pre)
45.75x
 
EPS (Pre)
₹7.62
 
UPI Deadline
2023-07-28
Mandate
Anchor AllotmentSun, 23 Jul 2023
Basis of AllotmentWed, 02 Aug 2023
Refund InitiationThu, 03 Aug 2023
Demat CreditFri, 04 Aug 2023
Listing DayMon, 07 Aug 2023
UPI Mandate Deadline2023-07-28
Sale TypeFresh Capital
Net Offer to Public65,64,000 shares (aggregating up to ₹91.90 Cr)
Market Maker Quota3,46,000 shares (aggregating up to ₹4.84 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Khazanchi Jewellers Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Jul 2023.
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
346,000
₹4.84
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,910,000
100% ₹96.74
IPO Shares Offered
Khazanchi Jewellers Ltd IPO total issue size: ₹96.74 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 346,000 ₹4.84
5.01%
Total 6,910,000 ₹96.74
100.00%
* Based on upper price band ₹140 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹280,000
Retail (Max — 13 Lots)1313,000₹1,820,000
S-HNI (Min — 14 Lots)1414,000₹1,960,000
B-HNI (Min — 68 Lots)6868,000₹9,520,000
* Issue Price ₹140 × Lot Size 1,000 shares
IPO Schedule
Anchor
23 Jul 2023
✓ Done
IPO Open
24 Jul 2023
✓ Done
IPO Close
28 Jul 2023
✓ Done
Allotment
02 Aug 2023
✓ Done
Refunds
03 Aug 2023
✓ Done
Demat Credit
04 Aug 2023
✓ Done
Listing Day
07 Aug 2023
✓ Done
Khazanchi Jewellers Ltd — Live Price LIVE
₹140.00
INR · BSE
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Issue ₹140.00 Live Price
About Khazanchi Jewellers Ltd
Incorporated in 1996, Khazanchi Jewellers Limited is a Chennai-based company engaged in the Jewellery segment. The organization started its operations in 1989 and today marks its presence in both the wholesale and retail sectors.Khazanchi Jewellers primarily deals in Gold and Silver Jewelry. Their wide product range constitutes earrings, necklaces, chains, pendants, rings, bangles, bracelets, nose pins, mangalsutra and so on.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 showrooms in the same city through funds to be received by way of the IPO.Other enterprises of the Khazanchi Jewellers Groups are Sutaliya Finance Private Limited, Khazanchi Silvers Private Limited, Silverslane Proprietorship firm, Pathik Sales Private Limited, and KJ Estates Partnership Firm.Khazanchi Jewellers Limited is led by Mr. Tarachand Mehta, Managing Director, and Mr. Goutham, Executive Director of the company.Khazanchi Jewellers had 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.
Objects of the Issue
1
To finance the establishment of the new showroom at Chennai, Tamil Nadu: Estimated Capital Expenditure for the new showroom and Estimated Inventory cost for the new showroom
2
Augmenting the working capital requirements of the existing operations
3
General Corporate Purposes
Khazanchi Jewellers Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹38,242.9
31-Mar-21
₹25,799.8
31-Mar-22
₹48,181.7
31-Mar-23
Profit After Tax (PAT)
₹275.6
31-Mar-21
₹326.6
31-Mar-22
₹756.5
31-Mar-23
Particulars31-Mar-2331-Mar-2231-Mar-21
Revenue from Operations 48181.65 25799.75 38242.89
EBITDA N/A N/A N/A
Profit After Tax (PAT) 756.49 326.62 275.58
Net Worth 3604.99 2871.53 2544.91
Total Assets 14506.80 12436.20 11319.79
Reserves & Surplus 2611.87 1878.41 1551.79
Borrowings 8462.47 8412.38 7480.12
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
20.98
RoCE
18.91
RoNW
20.98%
Debt/Equity
1.45
Issue Structure & Shareholding
Total Shares Offered69,10,000 (100.00%)
Net Offer to Public65,64,000 shares (aggregating up to ₹91.90 Cr)
Reserved for Market Maker3,46,000 shares (aggregating up to ₹4.84 Cr)
Pre-Issue Promoter Holding1,78,36,900 shares
Post-Issue Promoter Holding2,47,46,900 shares
P/BV RatioN/A
RoE20.98
RoCE18.91
Debt / Equity1.45
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Mark 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 Khazanchi Jewellers Ltd IPO subscribed?

Khazanchi Jewellers Ltd IPO is subscribed 1.00 times by Jul 28, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Khazanchi Jewellers Ltd IPO retail subscription status?

The Khazanchi Jewellers Ltd IPO retail category is subscribed 1.00 times as of 28 Jul 2023. The retail portion is oversubscribed.

How to subscribe Khazanchi Jewellers Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Jul 2023 and closes 28 Jul 2023. Min investment: ₹140,000 (1 lot = 1,000 shares). UPI mandate: 2023-07-28.

How many times Khazanchi Jewellers Ltd IPO subscribed?

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

How to check Khazanchi Jewellers Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Aug 2023. Refunds: on 03 Aug 2023.

When Khazanchi Jewellers Ltd IPO will be listed?

The Khazanchi Jewellers Ltd IPO listing date is 07 Aug 2023, Monday. Listed on: BSE SME. Issue price: ₹140. Estimated listing: ₹140. GMP: NIL.

When Khazanchi Jewellers Ltd IPO close?

The Khazanchi Jewellers Ltd IPO closes on 28 Jul 2023, Friday. UPI mandate: 2023-07-28. Allotment: 02 Aug 2023. Listing: 07 Aug 2023.