Eighty Jewellers Limited IPO (Eighty Jewellers IPO)

Eighty Jewellers IPO 2022
Upcoming Eighty Jewellers IPO | New Eighty Jewellers IPO

Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited. The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers. The company is located in Chhattisgarh. Eighty Jewellers Limited has the right to open stores in the Brand name of Anopchand Tilokchand Jewellers either directly opening a showroom or through sub-franchise arrangements.

The company operates on a B2B business model, selling jewellery products to a sub-franchisee store at Korba operated by M/S Chhattisgarh Sales Corporation and also serves as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.

Competitive Strengths

  1. Use of the established Brand name.
  2. Cordial relationship with our customers.
  3. Experience of our Promoters.
  4. Design, Innovation and Product range.
  5. Prime Location of the Showroom.

Company Promoters

Mr. Tilok Chand Bardia, Mr. Nikesh Bardia, and Mr. Nitin Kumar Bardia are the company promoters.

Company Financials

ParticularsFor the year/period ended (Rs in Lakhs)
Total Assets3,398.903,197.303,174.942,745.60
Total Revenue4,436.057,868.896,490.638,192.05
Profit After Tax83.06376.94155.25100.19

Objects Of The Issue

Requirement of Funds and Utilization of Net Proceeds:

  1. To meet Working Capital requirements.
  2. General Corporate Purpose.

Eighty Jewellers IPO Details

IPO Opening DateMar 31, 2022
IPO Closing DateApr 05, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹41 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size2,700,000 Eq Shares of ₹10
(aggregating up to ₹11.07 Cr)
Fresh Issue2,700,000 Eq Shares of ₹10
(aggregating up to ₹11.07 Cr)
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Eighty Jewellers IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Eighty Jewellers IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Eighty Jewellers IPO Prospectus

Company Contact Information

Eighty Jewellers Limited

Anup Plaza Sadar Bazar,
Chhattisgarh, 492001

Phone: +91-0771-2234737
Email: info@eightyjewels.in

Eighty Jewellers IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Eighty Jewellers IPO FAQs

When Eighty Jewellers IPO will open?

The Eighty Jewellers IPO dates are 31 March 2022 To 05 April 2022
What is the lot size of Eighty Jewellers IPO ?

Eighty Jewellers IPO lot size and the minimum order quantity is 3000 Shares.
How to apply for Eighty Jewellers IPO ?

You can apply in Eighty Jewellers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Eighty Jewellers IPO listing date?

The Eighty Jewellers IPO listing date is announced. The date of Eighty Jewellers IPO listing is [].
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