Kenvi Jewels IPO Detail Price Band Check

Kenvi Jewels IPO Detail Price Band Their product range includes wedding jewelry, rings, chains, ear chain, bracelets, pendants, mangalsutra, bangles and more. Kenvi Jewels IPO is starting from 02 February and ends on 07 February. The price band is around Rs.36 with 3000 market lot. The IPO size is around 6.70 crore rupees.Kenvi Jewels Ltd incorporated in 2013 based in Ahmedabad. Kenvi Jewels are manufacturer and retailer of jewellery. They are wholesaler and trader of gold jewellery.

IPO Review:

  • Avoid (Risky)

Kenvi Jewels IPO Dates & Price Band:

  • IPO Open: 02 February 2018
  • Close: 07 February 2018
  • Size: Approx Rs 06.70 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 36 Per Equity Share
  • Listing on: BSE SME
  • Shares: 1,860,000 
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,08,000

Financial Results:

Rs. in Crore
2014 2015 2016 2017 2018 (8M)
Revenues 1.75 2.90 7.06 7.18 7.47
Expenses 1.74 2.90 7.05 7.15 6.70
PAT 0.01 0.01 0.01 0.02 0.05

Grey Market Premium:

  • The grey market is around N/A Subject to Sauda.

Kenvi Jewels IPO Subscription Status:

  • IPO Subscribed 0.05 times on day 2

Kenvi Jewels IPO Allotment Status:

Check Allotment Here:
Click Here Server No.-1
Click Here Server No.-2

Company Promoters:

  • Mr. Chirag Champaklal Valani
  • Mrs. Hetalben Chiragkumar Valani

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: kenvijewels.ipo@karvy.com
Website: http://karisma.karvy.com

IPO Lead Managers:

  • First Overseas Capital Limited

Company Address:
Kenvi Jewels Limited
14, Nav Durga Complex, Opp. Nav Durga Society,
Ambicanagar, Odhav,
Ahmedabad – 382415
Phone: +91 79 22973199, 22891099
Email: compliance.kjl@gmail.com
Website: http://www.kenvijewels.com/

Kenvi Jewels IPO Detail Price Band Check Allotment Here:
Click Here Server No.-1
Click Here Server No.-2

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