Eighty Jewellers IPO GMP, Review, Price, Allotment

Eighty Jewellers IPO GMP

Eighty Jewellers IPO description – Eighty Jewellers is a master franchisee of Anopchand Tilokchand Jewellers Private Limited (ATJPL) and involved in the trading of various jewelleries, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones. Its product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. It’s products cater to the customers across high-end, mid-market and value market segments.

The company is currently operating under a B2B business Model and deals only in jewellery certified by BIS Hallmark which is a mark of conformity widely accepted by consumers.

It has entered into master franchise agreement with Anopchand Tilokchand Jewellers Private Limited on dated November 30, 2021, wherein it has been given rights to open stores in the Brand name of ATJPL either directly or through sub franchisee arrangements currently having (i) a sub-franchisee store at Korba, Chhattisgarh and (ii) a retail store at Bilaspur, Chhattisgarh.

Promoters of Eighty Jewellers Private Limited – Mr Tilok Chand Bardia, Mr Nikesh Bardia and Mr Nitin Kumar Bardia

Eighty Jewellers IPO Details

Subscription Dates31 March – 5 April 2022
Price BandINR41 per share
Fresh issue27,00,000 shares (INR11.07 crore)
Offer For SaleNil
Total IPO size27,00,000 shares (INR11.07 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Eighty Jewellers’ Financial Performance

 FY2019FY2020FY2021H1 FY2022
Net income100.19155.25376.9483.06
Figures in INR Lakh unless specified otherwise

Eighty Jewellers Offer News

Eighty Jewellers Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR5.03
Pre-IPO Price/Earnings (PE ratio): 8.15
Return on Net Worth (RONW): 40.58%
Net Asset Value (NAV): INR 12.39 per share

Eighty Jewellers IPO GMP Daily Trend

DateEighty Jewellers IPO GMPKostakSubject to Sauda

Eighty Jewellers IPO Subscription – Live Updates

Shares Offered13,50,00013,50,00027,00,000
Day 10.690.070.38
Day 20.780.120.45
Day 31.180.440.81
Day 42.731.922.33
Subscription figures in number of times, at 5 PM

Eighty Jewellers Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: [email protected]
Website: www.bigshareonline.com

Eighty Jewellers Contact Details

Eighty Jewellers Private Limited
Anup Plaza Sadar Bazar,
Chhattisgarh – 492001
Phone: +91-0771-2234737
Email: [email protected];
Website: www.eightyjewels.in

Eighty Jewellers IPO Allotment Status

Eighty Jewellers IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.

Eighty Jewellers IPO Timetable

IPO Opening Date31 March 2022
IPO Closing Date5 April 2022
Listing Date13 April 2022
Opening Price on BSEINR42 per share (up 2.44% from IPO price)
Closing Price on BSEINR44.10 per share (up 7.56% from IPO price)

Eighty Jewellers IPO FAQs

What is Eighty Jewellers offer size?

Eighty Jewellers offer size is INR11.07 crore.

What is Eighty Jewellers IPO Price Band?

Eighty Jewellers public offer price is INR41 per share.

What is the lot size of Eighty Jewellers IPO?

Eighty Jewellers offer lot size and the minimum order is 3,000 shares.

What is Eighty Jewellers IPO GMP today?

Eighty Jewellers IPO GMP today is NA per share.

What is Eighty Jewellers kostak rate today?

Eighty Jewellers kostak rate today is NA per application.

What is Eighty Jewellers Subject to Sauda rate today?

Eighty Jewellers Subject to Sauda rate today is NA per application.


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