The Kenrik Industries IPO minimum market lot is 6000 shares with ₹1,50,000 application amount. The Kenrik Industries IPO is a SME IPO, and it is to be listed on BSE.
Founded on 28 February 2017, Kenrik Industries Limited is one of the well-known companies engaged in offering traditional handmade Indian jewellery. The company designs handmade gold jewellery covered with precious and semi-precious stones such as diamond, ruby, and cubic zirconia. Their product collection consists of rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items, and other wedding jewellery. The company serves high-end, mid-market, and value market customers, making sure to provide jewelry that meets the specific requirements of the customers.
The company runs on a B2B model known to offer a wide range of jewelry and ornaments, with a main focus on its quality, purity, and customer trust, as all their products are BIS Hallmark-certified. Additionally, the company also offers Traditional Jewelry, Modern Designs, Custom-Made Pieces, Bridal Collections, and Men’s Jewelry. As of now, the company consists of a total of 9 employees.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Kenrik Industries IPO Subscription Status – Day 5
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
| NII | 0.02 | 0.03 | 0.06 | 0.16 | 0.20 |
| RII | 0.49 | 0.94 | 1.48 | 2.43 | 3.79 |
| Total | 0.25 | 0.49 | 0.77 | 1.30 | 2.00 |
Kenrik Industries IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Kenrik Industries IPO Review and Rating
- Avoid
- 1
Kenrik Industries IPO Form
How to apply for the Kenrik Industries IPO? You can apply for Kenrik Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kenrik Industries IPO in the Invest section. The other option is you can apply for Kenrik Industries IPO via IPO forms downloaded online. Check out the Kenrik Industries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
