Khazanchi Jewellers IPO Date, Review, Price, Allotment, Analysis

Vijay Prajapati
August 7, 2023

Vijay Prajapati

Khazanchi Jewellers IPO Details: Khazanchi Jewellers IPO date is fixed, The IPO will open on July 24 and will close on July 28. Khazanchi Jewellers is an BSE SME IPO to raise ₹97 crores via IPO. The Khazanchi Jewellers IPO price band is fixed at ₹140 with a market lot of 1000 shares.

Khazanchi Jewellers is a prominent player in the Indian jewellery industry, with a strong presence in both wholesale and retail sectors. The company specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars. Their jewellery business has a rich history spanning over three decades in the Indian jewellery industry. The company’s promoters are experienced entrepreneurs with over 25 years of expertise in the field. Khazanchi offers a diverse range of jewellery products and is dedicated to designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings, earrings, bangles, bracelets, pendants, nose pins, mangalsutras, and kadas Our focus is on creating exquisite wedding jewellery and other pieces suitable for festive occasions.

Khazanchi Jewellers holds a BIS Hallmark Certificate, they a qualified jeweller to carry out transactions on the IIBX (India International Bullion Exchange IFSC Limited) platform for the import of gold and we hold an Import Export Certificate. The company strives to deliver excellence, consistently. Their constant endeavor is to maintain the highest standard and quality of the gold, diamonds, and precious stones used in our jewel pieces. They are offering an experience that takes into consideration our customer’s unique needs and preferences.

Objects of the Issue:

To finance the establishment of the new showroom at Chennai, Tamil Nadu
Capital Expenditure for the new showroom
Inventory cost for the new showroom
To augment the working capital requirements of the existing operations.
For general corporate purposes.

Khazanchi Jewellers IPO Review

To be updated soon

Khazanchi Jewellers IPO Date & Price Band Details

IPO Open:	July 24, 2023
IPO Close:	July 28, 2023
IPO Size:	Approx ₹97.00 Crores, 3,868,1000 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹140 Per Equity Share
IPO Listing on:	BSE SME
Retail Quota:	50% of the net offer
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

Khazanchi Jewellers IPO Market Lot

The Khazanchi Jewellers IPO minimum market lot is 1000 shares with a ₹140,000 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1000	₹140,000
Retail Maximum	1	1000	₹140,000
S-HNI Minimum	2	2000	₹140,000

Khazanchi Jewellers IPO Dates

The Khazanchi Jewellers IPO date is July 24 and the IPO close date is July 28. The IPO allotment date is August 2 and the IPO might list on August 7.

IPO Open Date:	July 24, 2023
IPO Close Date:	July 28, 2023
Basis of Allotment:	August 2, 2023
Refunds:	August 3, 2023
Credit to Demat Account:	August 4, 2023
IPO Listing Date:	August 7, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Khazanchi Jewellers IPO Form

How to apply Khazanchi Jewellers IPO? You can apply Khazanchi Jewellers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Khazanchi Jewellers IPO in the Invest section. The other option you can apply Khazanchi Jewellers IPO via IPO forms download via the BSE website. Check out the Khazanchi Jewellers forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Khazanchi Jewellers Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹361.65	₹358.62	₹2.31
2021	₹382.43	₹378.79	₹2.76
2022	₹258.00	₹253.78	₹3.27
2023	₹481.82	₹471.55	₹7.56

Khazanchi Jewellers IPO Valuation – FY2023

Check Khazanchi Jewellers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹7.62 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	20.98%
Net Asset Value (NAV):	₹36.30 per Equity Share

Peer Group

Deep Diamond India Limited
Eighty Jewellers Limited
Patdiam Jewellery Ltd

Company Promoters

Mr. Tarachand Mehta
Mr. Goutham

Khazanchi Jewellers IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Khazanchi Jewellers IPO Allotment Status

Check Khazanchi Jewellers IPO allotment status on Cameo Corporate website URL. Click Here

Khazanchi Jewellers IPO Lead Managers aka Merchant Bankers

Mark Corporate Advisors Private Limited

Company Address

Khazanchi Jewellers Limited
No: 130,
NSC Bose Road, Sowcarpet,
Chennai-600 079
Phone: +91 44 4201 5915
Email: [email protected]
Website: http://www.khazanchi.co.in/

Khazanchi Jewellers IPO FAQs

What is Khazanchi Jewellers IPO?

Khazanchi Jewellers IPO is an BSE SME IPO. They are going to raise ₹97 Crores via IPO. The issue is priced at ₹140 per equity share. The IPO is to be listed on BSE.

When Khazanchi Jewellers IPO will open?

The IPO is to open on July 24, 2023 for NII, and Retail Investors.

What is Khazanchi Jewellers IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the 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 Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Khazanchi Jewellers”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Khazanchi Jewellers IPO through Upstox?

Log in to Upstox 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 Upstox.

How to Apply the Khazanchi Jewellers IPO through Paytm Money?

Log in to Paytm Money 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 Paytm Money.

What is Khazanchi Jewellers IPO Size?

Khazanchi Jewellers IPO size is ₹97 crores.

What is Khazanchi Jewellers IPO Price Band?

Khazanchi Jewellers IPO Price Band is ₹140 per equity share.

What is Khazanchi Jewellers IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹140,000.

What is Khazanchi Jewellers IPO Allotment Date?

Khazanchi Jewellers IPO allotment date is August 4, 2023.

What is Khazanchi Jewellers IPO Listing Date?

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

Note: The Khazanchi Jewellers IPO details are announced officially. The IPO grey market premium (Khazanchi Jewellers IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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