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Open
29 Jun to 8 Jul, 2022
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Close
29 Jun to 8 Jul, 2022
3
Allotment
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Listing
Mon, Jul 18, 2022
Price Band
₹27 per share
Issue Size
30,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Jul 18, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 11.60 | 10.35 | 5.20 | 3.35 |
| Total Income | 10.03 | 4.63 | 10.95 | 1.65 |
| Profit After Tax | 0.21 | 0.01 | 0.01 | 0.08 |
| Reserves and Surplus | 3.25 | 3.04 | 3.03 | 0.08 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Eighty Jewellers Ltd. | SME | ₹11.07 Cr | ₹41 | 25.15 | ₹44.10 | +7.56% | ₹46.45 (+4.88%) |
| Foce India Ltd. | SME | ₹29.03 Cr | ₹225 | null | ₹225.70 | +0.31% | ₹604.80 (+0.47%) |
| Ethos Ltd. | Mainboard | ₹402.26 Cr | ₹878 | 96 | ₹803.10 | -8.53% | ₹2,633.30 (-0.86%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital requirements | 6.68 |
| 2 | General Corporate Purpose | 0.82 |
| 3 | To meet the expenses of the Issue | 0.60 |
About Veerkrupa Jewellers IPO
Veerkrupa Jewellers Limited is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that include diamond, platinum and other precious and semi-precious stones. Veerkrupa Jewellers Limited has two showrooms located at Naroda and Narol has an average size of 1050 square feet and 13 staff, the majority of them are sales personnel. Veerkrupa Jewellers sell a wide range of jewellery products such as designer, traditional, modern and combined designs of jewellery such as earrings, chains, bracelets, gold/silver bars, Bands, Mandalsutra, Pendant sets and chains, Anklets, Waist Belts, necklaces, Hand tools, pooja items and decorative items in silver. The company sell jewellery products for multiple occasions such as weddings and party-wear, jewellery for personal milestones, festival jewellery, daily-wear jewellery, kid's jewellery and men's jewellery. Competitive Strengths: Use of the established Brand name. Prime Location of the Showroom. Diversified product portfolio across categories and price points. Experienced Promoter and management team with
Contact Details
Veerkrupa Jewellers Ltd. AddressShop No.7, Vrundavan ResidencyNear Satyam SchoolNear Dharmnath Prabhu SocietyAhmedabad, Gujarat, 382330Naroda, Ahmedabad 382330,complianceveerkrupa@gmail.comVisit Website