Khazanchi Jewellers, founded in 1996, is a major participant in the Indian jewellery market, with a strong presence in both the wholesale and retail sectors. As of 30 April 2023, the company had an employee base of 33 employees. The company specialises in
the manufacture and marketing of a wide range of jewellery items, such as gold jewellery, diamond jewellery, precious stones, and other fancy jewellery, as well as bullion in the form of coins and bars. Khazanchi Jewellers has been in the Indian jewellery market for almost three decades. One showroom is located at No. 130, NSC Bose Road, Sowcarpet, Chennai. To expand its company, the organization wants to open more showrooms in the same city using cash raised through the IPO.
Khazanchi Jewellers has had consistently beneficial financial reporting in recent years. The company’s PAT for FY 2020, 2021, and 2022 was INR 2.31 crore, INR 2.76 crore, and INR 3.27 crore, respectively.
Khazanchi Jewellers IPO Details
| Khazanchi Jewellers IPO Dates | 24 – 28 Jul 2023 |
| Khazanchi Jewellers Issue Price | INR 140 per share |
| Fresh issue | 69,10,000 shares (INR 97.0 crore) |
| Offer For Sale | NIL |
| Total IPO size | 69,10,000 shares (INR 97.0 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Khazanchi Jewellers Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Revenue | 381.81 | 256.95 | 480.66 |
| Expenses | 378.79 | 253.78 | 471.55 |
| Net income | 2.76 | 3.27 | 7.57 |
Khazanchi Jewellers Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | 2.77 | 3.29 | 7.62 |
| PE ratio | – | – | 18.37 |
| RONW (%) | 10.83 | 11.37 | 20.98 |
| NAV | 25.63 | 28.91 | 36.30 |
| ROCE (%) | 11.45 | 10.27 | 18.91 |
| EBITDA (%) | 2.16 | 3.32 | 3.25 |
| Debt/Equity** | 1.80 | 1.86 | 1.45 |
Khazanchi Jewellers IPO Subscription – Live Updates
- Coming soon
Khazanchi Jewellers IPO Dates & Listing Performance
| IPO Opening Date | 24 July 2023 |
| IPO Closing Date | 28 July 2023 |
| Finalization of Basis of Allotment | 2 August 2023 |
| Initiation of refunds | 3 August 2023 |
| Transfer of shares to demat accounts | 4 August 2023 |
| IPO Listing Date | 7 August 2023 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Khazanchi Jewellers Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay,
Sant Janabai Road (Service Lane), Off W. E. Highway,
Vile Parle (East), Mumbai-400 057, Maharashtra
Phone: +91 22 2612 3208
Email: smeipo@markcorporateadvisors.com
Website: https://www.markcorporateadvisors.com
Khazanchi Jewellers Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
‘Subramanian Building’,
1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone: +91 44 4002 0700/0710/2846 0390
Email: investor@cameoindia.com
Website: https://www.cameoindia.com
Khazanchi Jewellers Contact Details
KHAZANCHI JEWELLERS LIMITED
No. 130, NSC Bose Road,
Sowcarpet, Chennai – 600 079, Tamil Nadu
Phone: +91 44 4201 5915
E-mail: info@khazanchi.co.in
Website: https://www.khazanchi.co.in
Khazanchi Jewellers Offer News
- Khazanchi Jewellers RHP
- Khazanchi Jewellers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Khazanchi Jewellers IPO FAQs :
Q1. What is the Khazanchi Jewellers IPO offer size?
Ans. Khazanchi Jewellers offer size is INR 97 crores.
Q2. What is the Khazanchi Jewellers offer price band?
Ans. Khazanchi Jewellers public offer price is INR per share.
Q3. What is the lot size of Khazanchi Jewellers public offer?
Ans. Khazanchi Jewellers offer lot size is shares.
Q4. What is Khazanchi Jewellers IPO GMP today?
Ans. Khazanchi Jewellers IPO GMP today is INR NA per share.
Q5. What is the Khazanchi Jewellers kostak rate today?
Ans. Khazanchi Jewellers kostak rate today is INR NA per application.
Q6. What is Khazanchi Jewellers Subject to Sauda rate today?
Ans. Khazanchi Jewellers Subject to Sauda rate today is INR NA per application.
