Khazanchi Jewellers Limited IPO (Khazanchi Jewellers IPO)

Khazanchi Jewellers Limited IPO
Upcoming Khazanchi Jewellers IPO | New Khazanchi Jewellers IPO

Khazanchi Jewellers Limited a prominent player in the Indian Jewellery Industry. The company has a strong presence in both the wholesale and retail sectors.

The company specializes in producing and selling a wide range of jewelry products. These include gold, and diamond jewelry, 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 jewelry 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 showroom in the same city through funds to be received by way of the IPO.

Khazanchi Jewellers IPO

Khazanchi Jewellers IPO – Details

IPO Opening Date24 July 2023
IPO Closing Date28 July 2023
Issue TypeFixed Price Issue IPO
Issue Size69,10,000 Shares Worth ₹97.00 Crore
Fresh Issue: 69,10,000 Shares Worth ₹97.00 Crore
Face Value₹10 per equity share
IPO Price₹140
Market Lot1000 Shares
Min Order1000 Shares (1 Lot)
Listing AtBSE SME
RegisterCameo Corporate Services Limited
Other Shares Offered50%
Retail Shares Offered50%

Khazanchi Jewellers IPO – Date Schedule

IPO Open Date24 July 2023
IPO Close Date28 July 2023
Basis of Allotment2 August 2023
Initiation of Refund3 August 2023
Credit of Shares to Demat Account4 August 2023
IPO Listing Date7 August 2023
Cut-off time for UPI mandate confirmation5 PM on Jul 28, 2023

Khazanchi Jewellers IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)110001,40,000
Retail (Maximum)110001,40,000
HNI (Minimum)220002,80,000

Competitive Strengths

  • Experienced Promoters and Management Team.
  • Over 3 decades of experience.
  • Prime Location of company’s Showroom.
  • Wide product range, Design and Innovation.
  • Cordial relationship with our customers.

Company Promoters

  • Mr Tarachand Mehta
  • Mr. Goutham

Object Of The Issue

  • To finance the establishment of the new show room at Chennai, Tamil Nadu, India.
    • Estimated capital expenditure.
    • Estimated inventory cost for the new showroom to be opened.
  • Funding the working capital requirements of the existing operations of the Company.
  • General Corporate Purposes.
Khazanchi Jewellers IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2020361.65358.622.3077.86
31 March 2021382.42378.792.7574.80
31 March 2022257.99253.783.2684.12
31 December 2022334.50327.805.8584.40
Amount in ₹ Crore

Key Performance Indicator

P/E (x)45.75
Market Cap (₹ Cr.)346.46
EPS (Rs)7.62

Khazanchi Jewellers IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Khazanchi Jewellers IPO Prospectus

Company Contact Information

Khazanchi Jewellers Limited

No: 130, NSC Bose Road,
Sowcarpet, Chennai-600 079

Phone: +91 44 4201 5915

Khazanchi Jewellers IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Khazanchi Jewellers IPO Lead Manager(s)

1. Mark Corporate Advisors Private Limited

Khazanchi Jewellers IPO FAQs

Khazanchi Jewellers IPO FAQs
What is Khazanchi Jewellers IPO?

Khazanchi Jewellers IPO is a SME IPO. The issue is priced at ₹140 per equity share. The IPO is to be listed on BSE SME.
When Khazanchi Jewellers IPO will open?

The IPO is to open on  24 July 2023 for NII and Retail Investors.
How to Khazanchi Jewellers IPO?

You can apply Khazanchi 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 Khazanchi Jewellers IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Khazanchi 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 Khazanchi Jewellers IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Khazanchi 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 Edelweiss.
What is Khazanchi Jewellers IPO Size?

Khazanchi Jewellers IPO size is ₹97.00 crores.
What is Khazanchi Jewellers IPO Price Band?

Khazanchi Jewellers IPO Price Band is ₹140.
What is Khazanchi Jewellers IPO Minimum and Maximum Lot Size?

The minimum bid is 1000 Shares with ₹1,40,000 amount while the maximum bid is 1000 shares with ₹1,40,000.
What is the Khazanchi Jewellers IPO Allotment Date?

Khazanchi Jewellers IPO allotment date is  2 August 2023.
What is the Khazanchi Jewellers IPO Listing Date?

Khazanchi Jewellers IPO listing date is 7 August 2023. The IPO is to list on BSE SME.
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