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Open
2 Feb 2018
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Close
7 Feb 2018
3
Allotment
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Listing
Fri, Feb 16, 2018
Price Band
₹36 per share
Issue Size
18,60,000 shares (agg. up to ₹7 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Feb 16, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.12x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 9.00 | 2.35 | 2.11 | 1.72 |
| Total Income | 7.47 | 7.18 | 7.05 | 2.90 |
| Profit After Tax | 0.54 | 0.02 | 0.01 | 0.01 |
| NET Worth | 5.90 | 0.28 | 0.25 | 0.25 |
| Reserves and Surplus | 3.05 | 0.16 | 0.13 | 0.13 |
| Total Borrowing | 0.64 | 1.36 | 1.53 | 1.36 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gautam Gems Ltd. | SME | ₹7.56 Cr | ₹36 | null | ₹34.60 | -3.89% | ₹3.16 (-0.32%) |
| Moksh Ornaments Ltd. | SME | ₹11.03 Cr | ₹37 | null | ₹44.40 | +20.00% | ₹11.40 (+0.35%) |
| D.P.Abhushan Ltd. | SME | ₹16.61 Cr | ₹28 | null | ₹33.60 | +20.00% | ₹1,336.00 (+0.59%) |
| Sagar Diamonds Ltd. | SME | ₹15.21 Cr | ₹45 | 120.05 | ₹35.00 | -22.22% | ₹13.00 (+0.00%) |
| Bhakti Gems & Jewellery Ltd. | SME | ₹3.92 Cr | ₹20 | null | ₹20.05 | +0.25% | ₹30.43 (+4.89%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital | 6.41 |
| 2 | Issue Expenses | 0.29 |
About Kenvi Jewels IPO
Incorporated in 2013, Kenvi Jewels Ltd(KJL) is Ahmedabad based commpany engaged in manufacturing and retailing of jewellery. Company also engaged into wholesaling and trading of gold jewellery. Kenvi Jewels sell gold jewellery made with or without studded diamonds, precious and semi-precious stones. Company's product portfolio includes Wedding Jewellery, Festive Jewellery, Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, Waist belts, Mangalsutra, Anklet, Zuda, Toe Ring, Pendant Set/ Pendant, Bracelet and Bangles.Kenvi Jewels retail business is done through its showroom situated at Odhav, Ahmedabad. KJL sell its jewellery under the brand name of 'Suvarnakrupa'. KJL buy its raw materials from bullion market & local markets in Ahmedabad which is then designed and moulded into gold jewellery.+ Read More
Contact Details
Kenvi Jewels Ltd. Address14, Nav Durga Complex, Opp.Nav Durga SocietyAmbicanagar, OdhavAhmedabad, Gujarat, 382415+91 79 22973199, 22891099compliance.kjl@gmail.comVisit Website