Veerkrupa Jewelers Limited is busy in the jewelry business which includes selling silver, gold, seals and more. The company’s jewelry is made of gold, silver, seals and other jewelry products including diamonds, platinum and other semi-precious stones. Veerkrupa Jewelers Limited has two exhibition halls located in Naroda and Narol has an average size of 1050 square meters and 13 employees, most of whom are sales staff.
Veerkrupa Jewelers sells many types of jewelry products such as designer, traditional designs, modern and combined jewelry such as earrings, chains, bracelets, gold / silver bars, Belts, Mandalsutra, sets and dangling chains, Anklets, Belt, Handcuffs, Gloves, necklaces pooja items and silver ornaments. The company sells many jewelery products such as weddings and party dresses, personal jewelry, festival jewelry, everyday jewelry, children’s jewelry and men’s jewelry.
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 proven execution capabilities.
- Well established and cordial relationship with our supplier.
Company Promoters
- Mr. Chirag Arvind Shah
- Mrs Nehaben Chiragbhai Shah
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Assets | 1159.98 | 1034.77 | 520.46 | 335.48 |
| Total Revenue | 1002.64 | 463.28 | 1094.86 | 165.32 |
| Profit After Tax | 21.4 | 1.07 | 0.71 | 8.27 |
Object Of The Issue
- To meet the Working Capital requirements.
- General Corporate Expenses.
Veerkrupa Jewellers IPO – Details
| IPO Opening Date | 29 June 2022 |
| IPO Closing Date | 05 July 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹8.10 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹27 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares |
| Listing At | BSE SME |
| Register | KFin Technologies Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Veerkrupa Jewellers IPO – Date Schedule
| IPO Open Date | 29 June 2022 |
| IPO Close Date | 05 July 2022 |
| Basis of Allotment Date | 08 July 2022 |
| Initiation of Refunds | 11 July 2022 |
| Credit of Shares to Demat Account | 12 July 2022 |
| IPO Listing Date | 13 July 2022 |
Veerkrupa Jewellers IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,08,000 |
| Maximum | 1 | 4000 | 1,08,000 |
Veerkrupa Jewellers IPO Promoter Holding
| Pre Issue Share Holding | 79.94% |
| Post Issue Share Holding | 49.44% |
Veerkrupa Jewellers IPO Prospectus
Company Contact Information
| Veerkrupa Jewellers Limited Shop No. 7, Vrundavan Residency, Near Satyam School, Near Dharmnath Prabhu Society Ahmedabad Phone: Naroda, Ahmedabad 382330, Email: complianceveerkrupa@gmail.com Website: https://www.veerkrupajewellers.com/ |
Veerkrupa Jewellers IPO Registrar
| KFin Technologies Limited Phone: 04067162222, 04079611000 Email: vjl.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Veerkrupa Jewellers IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Veerkrupa Jewellers IPO FAQs
| What is Veerkrupa Jewellers IPO? Veerkrupa Jewellers IPO is a SME IPO. The issue is priced at ₹27 per equity share. The IPO is to be listed on BSE SME. |
| When Veerkrupa Jewellers IPO will open? The IPO is to open on 29 June 2022 for NII and Retail Investors. |
| What is Veerkrupa Jewellers IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Veerkrupa Jewellers IPO? You can apply Veerkrupa Jewellers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Veerkrupa Jewellers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Veerkrupa Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Veerkrupa Jewellers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Veerkrupa Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Veerkrupa Jewellers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Veerkrupa Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Veerkrupa Jewellers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Veerkrupa Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Veerkrupa Jewellers IPO Size? Veerkrupa Jewellers IPO size is ₹8.10 crores. |
| What is Veerkrupa Jewellers IPO Price Band? Veerkrupa Jewellers IPO Price Band is ₹27. |
| What is Veerkrupa Jewellers IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,08,000 amount while the maximum bid is 4000 shares with ₹1,08,000. |
| What is the Veerkrupa Jewellers IPO Allotment Date? Veerkrupa Jewellers IPO allotment date is 08 July 2022. |
| What is the Veerkrupa Jewellers IPO Listing Date? Veerkrupa Jewellers IPO listing date is 13 July 2022. The IPO is to list on BSE SME. |
