Khazanchi Jewellers IPO Description – Incorporated in 1996, Khazanchi Jewellers is a prominent player in the Indian jewellery industry, with a strong presence in both wholesale and retail sectors. The company specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars. Khazanchi Jewellers has a rich history spanning over three decades in the Indian jewellery industry.
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.
As of 30 April 2023, the company had an employee base of 33 employees.
Khazanchi Jewellers has had positive financial reports over the past years. For the FY 2020, 2021, and 2022, the PAT of the company was INR 2.31 crore, INR 2.76 crore, and INR 3.27 crore, respectively.
Promoters of Khazanchi Jewellers – Tarachand Mehta and Goutham
Table of Contents
Khazanchi Jewellers IPO Details
| Khazanchi Jewellers IPO Dates | 24 – 28 Jul 2023 |
| Khazanchi Jewellers Issue Price | INR 140 per share |
| Fresh issue | 69,10,000 shares (INR 96.74 crore) |
| Offer For Sale | NIL |
| Total IPO size | 69,10,000 shares (INR 96.74 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Khazanchi Jewellers Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 381.81 | 256.95 | 480.66 |
| Expenses | 378.79 | 253.78 | 471.55 |
| Net income | 2.76 | 3.27 | 7.57 |
Khazanchi Jewellers Offer News
- Khazanchi Jewellers RHP
- Khazanchi Jewellers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Khazanchi Jewellers Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.77 | 3.29 | 7.62 |
| PE ratio | – | – | 18.37 |
| RONW (%) | 10.83 | 11.37 | 20.98 |
| NAV | 25.63 | 28.91 | 36.30 |
| ROCE (%) | 11.45 | 10.27 | 18.91 |
| EBITDA (%) | 2.16 | 3.32 | 3.25 |
| Debt/Equity** | 1.80 | 1.86 | 1.45 |
** Standalone data
Khazanchi Jewellers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 August 2023 | – | – | – |
| 2 August 2023 | 3 | – | – |
| 1 August 2023 | 3 | – | – |
| 29 July 2023 | 3 | – | – |
| 28 July 2023 | 3 | – | – |
| 27 July 2023 | 3 | – | – |
| 26 July 2023 | 3 | – | – |
| 25 July 2023 | 5 | – | – |
| 24 July 2023 | 8 | – | – |
| 21 July 2023 | 13 | – | – |
| 20 July 2023 | 15 | – | – |
Khazanchi Jewellers IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 3,282,000 | 3,282,000 | 6,910,000 |
| 28 Jul 2023 | 1.85 | 0.78 | 1.25 |
| 27 Jul 2023 | 1.52 | 0.53 | 0.97 |
| 26 Jul 2023 | 1.29 | 0.38 | 0.79 |
| 25 Jul 2023 | 0.97 | 0.26 | 0.58 |
| 24 Jul 2023 | 0.36 | 0.13 | 0.23 |
Khazanchi Jewellers IPO Allotment Status
Khazanchi Jewellers IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Khazanchi Jewellers IPO Dates & Listing Performance
| IPO Opening Date | 24 July 2023 |
| IPO Closing Date | 28 July 2023 |
| Finalization of Basis of Allotment | 2 August 2023 |
| Initiation of refunds | 3 August 2023 |
| Transfer of shares to demat accounts | 4 August 2023 |
| IPO Listing Date | 7 August 2023 |
| Opening Price on BSE SME | INR 142.30 per share (up 1.64%) |
| Closing Price on BSE SME | INR 149.40 per share (up 6.71%) |
Khazanchi Jewellers Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay,
Sant Janabai Road (Service Lane), Off W. E. Highway,
Vile Parle (East), Mumbai-400 057, Maharashtra
Phone:Â +91 22 2612 3208
Email:Â [email protected]
Website:Â www.markcorporateadvisors.com
Khazanchi Jewellers Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
‘Subramanian Building’,
1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone:Â +91 44 4002 0700/0710/2846 0390
Email:Â [email protected]
Website:Â www.cameoindia.com
Khazanchi Jewellers Contact Details
KHAZANCHI JEWELLERS LIMITED
No. 130, NSC Bose Road,
Sowcarpet, Chennai – 600 079, Tamil Nadu
Phone: +91 44 4201 5915
E-mail: [email protected]
Website: www.khazanchi.co.in
IPO FAQs
What is the Khazanchi Jewellers IPO offer size?
Khazanchi Jewellers offer size is INR 97 crores.
What is the Khazanchi Jewellers offer price band?
Khazanchi Jewellers public offer price is INR 140 per share.
What is the lot size of Khazanchi Jewellers public offer?
Khazanchi Jewellers offer lot size is 1,000 shares.
What is Khazanchi Jewellers IPO GMP today?
Khazanchi Jewellers IPO GMP today is INR NA per share.
What is the Khazanchi Jewellers kostak rate today?
Khazanchi Jewellers kostak rate today is INR NA per application.
What is Khazanchi Jewellers Subject to Sauda rate today?
Khazanchi Jewellers Subject to Sauda rate today is INR NA per application.
