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Open
29 Apr to 6 May, 2025
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Close
29 Apr to 6 May, 2025
3
Allotment
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Listing
Fri, May 9, 2025
Price Band
₹25 per share
Issue Size
34,98,000 shares (agg. up to ₹9 Cr)
Lot Size
6,000 Shares
Listing Date
Fri, May 9, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
09-05-2025₹0Est. ₹25+0%
08-05-2025₹0Est. ₹25+0%
07-05-2025₹0Est. ₹25+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.90x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 15.98 | 15.80 | 15.59 | 12.47 |
| Total Income | 42.19 | 70.97 | 52.04 | 32.69 |
| Profit After Tax | 0.78 | 1.08 | 0.47 | 0.39 |
| NET Worth | 13.37 | 12.59 | 11.50 | 11.03 |
| Total Borrowing | 0.99 | 0.78 | 0.57 | 0.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Retaggio Industries Ltd. | SME | ₹15.50 Cr | ₹25 | 7.01 | ₹25.20 | +0.80% | ₹50.87 (+4.99%) |
| Divine Hira Jewellers Ltd. | SME | ₹31.84 Cr | ₹90 | null | ₹85.50 | -5.00% | ₹112.40 (-0.44%) |
| Kabra Jewels Ltd. | SME | ₹40.00 Cr | ₹128 | 10.03 | ₹255.35 | +99.49% | ₹105.00 (+0.96%) |
| Utssav CZ Gold Jewels Ltd. | SME | ₹69.50 Cr | ₹110 | 26.92 | ₹115.55 | +5.05% | ₹551.15 (+4.83%) |
| P N Gadgil Jewellers Ltd. | Mainboard | ₹1,100.00 Cr | ₹480 | 36.7 | ₹793.30 | +65.27% | ₹595.05 (-0.25%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 6.56 |
| 2 | General Corporate Expenses | 1.80 |
| 3 | Issue Expenses | 0.38 |
| Total | 8.75 |
About Kenrik Industries IPO
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.+ Read More
Contact Details
Kenrik Industries Ltd. AddressB-306, East Face, Behind Maruti Suzuki ShowroomNr.S P Ring Road, Ambli Road, AmbliDaskroiAhmedabad, Gujarat, 380058+91-9687141430cs@kenrikindustries.netVisit Website