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/
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