Khazanchi Jewellers Limited
ListedSMERetail & Consumer Goods · BSE
Incorporated in 1996, Khazanchi Jewellers Limited is a well-known player in the Indian jewellery market with a strong presence in both wholesale and retail. The company offers a wide range of jewellery products including gold, diamond, precious stone jewellery, and also deals in bullion like coins and bars. With over three decades of experience, it currently operates one showroom at NSC Bose Road, Sowcarpet, Chennai and plans to expand by opening more showrooms in the same city using the funds raised through the IPO. The company has shown consistent growth and positive financial performance, with PAT of Rs. 230.71 lakhs in FY2020, Rs. 275.58 lakhs in FY2021, and Rs. 326.62 lakhs in FY2022.
Price Band
₹140
Issue Size
₹97.00 Cr
Lot Size
1000 shares
GMP
₹5
+3.6%
Est. Listing
₹145
at current GMP
Subscribed
1.26x
overall
Open
24 Jul 2023
Close
28 Jul 2023
Allotment
3 Aug 2023
Refund
4 Aug 2023
Demat Credit
5 Aug 2023
Listing
7 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Retail & Consumer Goods segment
- •Price band established at ₹140 - ₹140 per equity share
- •Minimum bid lot is 1000 shares
- •Estimated listing target of ₹145 based on current grey market activity