Khazanchi Jewellers (BSE SME)
July 24, 2023 – July 28, 2023
| Price | ₹140 - ₹140 |
| Premium | ₹5 |
|---|---|
| Lot size | 1000 |
| Allotment | Aug 3, 2023 |
| Listing | Aug 7, 2023 |
Khazanchi Jewellers Limited
No: 130,
NSC Bose Road, Sowcarpet,
Chennai-600 079
Phone: +91 44 4201 5915
Email: info@khazanchi.co.in
Website: http://www.khazanchi.co.in/
| Investor Category | Subscription (times) |
|---|---|
| Market Maker | 1 |
| Non-Institutional Buyers* | 1.74 |
| Retail Investors | 0.78 |
| Total | 1.26 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 140000 | 0 |
| HNI | 2 | 2000 | 280000 | 0 |
Incorporated in 1996, 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 has positive financial reports over the past years. For the financial years 2020, 2021, and 2022, the PAT of the company was Rs. 230.71 lakhs, Rs. 275.58 lakhs, and Rs. 326.62 lakhs, respectively.
Khazanchi Jewellers IPO Details
| Total Issue Size | 6,910,000 shares (aggregating up to ₹97.00 Cr) |
| Fresh Issue | 6,910,000 shares (aggregating up to ₹96.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 17,836,900 |
| Share holding post issue | 24,746,900 |
| Market Maker portion | 346,000 shares Svcm Securities |
Khazanchi Jewellers IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|---|
| Total Assets | 10,379.93 | 11,319.79 | 12,436.20 | 14,506.80 |
| Total Revenue | 36,165.36 | 38,242.89 | 25,799.75 | 48,181.65 |
| Profit After Tax | 230.71 | 275.58 | 326.62 | 756.49 |
| Net Worth | 2,269.33 | 2,544.91 | 2,871.53 | 3,604.99 |
| Reserves and Surplus | 1,276.21 | 1,551.79 | 1,878.41 | 2,611.87 |
| Total Borrowing | 7,786.00 | 7,480.12 | 8,412.38 | 8,462.47 |