Khazanchi Jewellers IPO will be Open on 24 July 2023 and closes on 28 July 2023 . The company has fixed the price of this IPO at ₹140 according to the face value of ₹10. The company will raise ₹96.74 Crores through this IPO under the 69,10,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Khazanchi Jewellers IPO GMP here.
Khazanchi Jewellers Limited is a Chennai-based company engaged in the Jewellery segment. 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.
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. You can check Khazanchi Jewellers IPO Allotment status here.
Objects Of The Issue :
- To finance the establishment of the new showroom at Chennai, Tamil Nadu; (a)Capital Expenditure for the new showroom (b) Inventory cost for the new showroom.
- To augment the working capital requirements of the existing operations and;
- For general corporate purposes.
Company Strengths :
- Wide product range.
- Experience of our Promoters and senior management team.
- Quality assurance.
- Cordial relationship with our customers.
- Location of the Showroom.
| Read also: Upcoming IPO List 2023 |
Khazanchi Jewellers IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE/RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹7.56 Cr ₹140/ EQ 7.62 18.37x 20.98 % 18.91 % 1.45 ₹36.30 ₹145.06 Cr ₹346.45 Cr 100.00% 86.12% |
| Team Review : | ╳ AVOID |
Khazanchi Jewellers IPO GMP Live:
Khazanchi Jewellers IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 26 Jul 2023 | Check Live GMP | ₹0 |
| 25 Jul 2023 | ₹2-₹3 | ₹0 |
| 24 Jul 2023 | ₹2-₹3 | ₹0 |
Khazanchi Jewellers IPO Date & Price Band & Details :
| Issue Type : | Fixed Price Issue |
| IPO Open : | 24 July 2023 |
| IPO Close : | 28 July 2023 |
| IPO Size : | ₹96.74 Cr (69,10,000 Shares) |
| Face Value : | ₹10 Per Share |
| Price Band : | ₹140 Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹96.74.00 Cr (69,10,000 Shares) |
| Fresh Issue : | ₹96.74 Cr (69,10,000 Shares) |
| Offer For Sale : | N/A |
Khazanchi Jewellers IPO Market Lot :
Khazanchi Jewellers IPO Minimum Market lot is 1 Lot with 1000 shares with ₹140,000 Application amount. The retail investors can apply up to 2 lots with 2000 Shares or ₹240,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1000 | ₹140,000 |
| Retail (Max) : | 1 | 1000 | ₹140,000 |
| S-HNI (Min) : | 2 | 2000 | ₹240,000 |
Khazanchi Jewellers IPO Shares Offer :
A Total of 69,10,000 shares are to be bid for the public issue by Khazanchi Jewellers IPO with 69,10,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 69,10,000 | ₹96.74Cr |
| Offer For Sale : | – | – |
| Total : | 69,10,000 | ₹96.74Cr |
Khazanchi Jewellers IPO Net Reservation :
Khazanchi Jewellers IPO Net Reservation of 69,10,000 shares are to be bid for the public issue by Khazanchi Jewellers IPO with – for QIB and 32,82,000 for NII 32,82,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 32,82,000 | ₹45.94Cr |
| RII : | 50% | 32,82,000 | ₹45.94Cr |
| MMRP : | – % | 346,000 | ₹4.84Cr |
| Total : | 100% | 69,10,000 | ₹96.74Cr |
Khazanchi Jewellers IPO Dates :
Khazanchi Jewellers IPO Date is 24 July 2023 to 28 July 2023. The allotment will be finalized on 02 August 2023 and the IPO may list on 07 August 2023.
| Issue Open Date : | 24 July 2023 |
| Issue Close Date : | 28 July 2023 |
| Allotment Date : | 02 August 2023 |
| Refund Date : | 03 August 2023 |
| Share Credit Date : | 04 August 2023 |
| Listing Date : | 07 August 2023 |
Khazanchi Jewellers IPO Form :
There are two ways to apply in Khazanchi Jewellers IPO. You can apply for Khazanchi Jewellers IPO through ASBA available in your bank account. You have to go to your online bank login and select Khazanchi Jewellers IPO in the Invest section and apply through your bank account. Another option is you can apply Khazanchi Jewellers IPO through IPO form download through NSE and BSE. See the Khazanchi Jewellers IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Khazanchi Jewellers Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹48,181.65 | ₹47,154.63 | ₹756.49 |
| 2022 | ₹25,799.75 | ₹25,378.25 | ₹326.62 |
| 2021 | ₹38,242.89 | ₹37,879.24 | ₹275.58 |
Company Promoters :
■ Tarachand Mehta
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Khazanchi Jewellers IPO Lead Managers :
■ Mark Corporate Advisors Private Limited
Khazanchi Jewellers IPO Registrar :
Cameo Corporate Services Limited
Address: Subramanian Building,
No. 01, Club House Road,
Chennai- 600 002, Tamil Nadu, India.
Tel No: +91044 4002 0700/ 0710/ 2846 0390
Email: [email protected];
Website: www.cameoindia.com
Note: Check Khazanchi Jewellers IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Khazanchi Jewellers Limited
No 130, NSC Bose Road, Sowcarpet
Chennai 600 079, Tamil Nadu
Tel: +91 44 4201 5915
Email: [email protected]
Website: www.khazanchi.co.in
Khazanchi Jewellers IPO FAQs :
What is Khazanchi Jewellers IPO?
Khazanchi Jewellers IPO is SME IPO. They are going to raise ₹96.74. Crores via IPO. The issue is priced at ₹140 per equity share. The IPO to be listed on BSE, SME.
When Khazanchi Jewellers IPO will open?
The IPO is to open on 24 July – 28 July for QIB, NII & RII.
How much is Khazanchi Jewellers IPO Size?
Khazanchi Jewellers IPO size is ₹96.74 Crores.
How much is the Fresh issue size of Khazanchi Jewellers IPO?
The Fresh issue size of Khazanchi Jewellers IPO ₹96.74 Cr.
How much is the Offer For Sale size of Khazanchi Jewellers IPO?
The Offer For Sale size of Khazanchi Jewellers IPO ₹0 Cr.
What is Khazanchi Jewellers IPO Price Band?
Khazanchi Jewellers IPO Price Band is ₹140 Per share.
What is the Khazanchi Jewellers IPO Minimum and Maximum Lot Size in retail category?
The minimum bid is 1000 Shares with ₹140,000 amount while the maximum bid is 1000 shares with ₹140,000.
How much is Khazanchi Jewellers IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Khazanchi Jewellers IPO Allotment Date?
Khazanchi Jewellers IPO allotment date is 02 August 2023.
When is Khazanchi Jewellers IPO Listing Date?
Khazanchi Jewellers IPO listing date is 07 August 2023. The IPO to list on BSE, SME.
How to Apply the Khazanchi Jewellers IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Khazanchi Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Khazanchi Jewellers IPO through Upstox?
“You Can Apply SME IPO in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Khazanchi Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Khazanchi Jewellers IPO through Groww?
“You Can Apply SME IPO in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Khazanchi Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Khazanchi Jewellers IPO through Paytm Money?
“You Can Apply SME IPO in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Khazanchi Jewellers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Khazanchi Jewellers GMP: Click Here Khazanchi Jewellers Subscription: Click Here Khazanchi Jewellers Allotment: Click Here Khazanchi Jewellers Listing: Click Here |
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