The Khazanchi Jewellers IPO commenced on July 24, 2023, and concluded on July 28, 2023. The allotment of shares took place on August 02, 2023, and the initiation of refunds began on August 03, 2023. The shares were credited to the demat accounts of investors on August 04, 2023. Finally, the listing of Khazanchi Jewellers on the stock exchange occurred on August 07, 2023.
The Khazanchi Jewellers IPO was priced at ₹140 per share, with a lot size of 1000. The total issue size was ₹97.00 crores, comprising a fresh issue of ₹97.00 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the Retail quota was reserved for 50% of the shares, the Other quota was reserved for 50% of the shares
Khazanchi Jewellers IPO Basic Details
| Company Name | Khazanchi Jewellers Limited |
| Domain of Company | Indian Jewellery Industry |
| Khazanchi Jewellers IPO GMP Today | ₹0 |
| Khazanchi Jewellers IPO Listing Gain | 0.00% |
| Khazanchi Jewellers IPO Open Date | July 24, 2023 |
| Khazanchi Jewellers IPO Close Date | July 28, 2023 |
| Khazanchi Jewellers IPO Allotment Date | August 02, 2023 |
| Khazanchi Jewellers IPO Listing Date | August 07, 2023 |
| Face Value | ₹10 per share |
| Price | ₹140 per share |
| Lot Size | 1000 Shares |
| Issue Size | 6,910,000 shares (aggregating up to ₹97.00 Cr) |
| Fresh Issue | 6,910,000 shares (aggregating up to ₹97.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr Tarachand Mehta and Mr. Goutham |
Khazanchi Jewellers IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 4 August 2023 | ₹0 | 0.00% | – | – |
| 3 August 2023 | ₹0 | 0.00% | – | – |
| 2 August 2023 | ₹0 | 0.00% | – | – |
| 1 August 2023 | ₹2 | 1.43% | – | – |
| 31 July 2023 | ₹2 | 1.43% | – | – |
| 30 July 2023 | ₹2 | 1.43% | – | – |
| 29 July 2023 | ₹2 | 1.43% | – | – |
| 28 July 2023 | ₹2 | 1.43% | – | – |
| 27 July 2023 | ₹2 | 1.43% | – | – |
| 26 July 2023 | ₹2 | 1.43% | – | – |
| 25 July 2023 | ₹2 | 1.43% | – | – |
| 24 July 2023 | ₹2 | 1.43% | – | – |
| 23 July 2023 | ₹3 | 2.14% | – | – |
| 22 July 2023 | ₹3 | 2.14% | – | – |
| 21 July 2023 | ₹2 | 1.64% | – | – |
Khazanchi Jewellers IPO Details:
Established in 1996, Khazanchi Jewellers Limited has emerged as a prominent player in the Indian Jewellery Industry. With a strong presence in both wholesale and retail sectors, the company specializes in crafting and retailing an extensive array of jewelry products, encompassing gold, diamond jewelry, precious stones, fancy jewelry, as well as bullion in the form of coins and bars.
Having a rich history spanning over three decades in the Indian jewelry industry, Khazanchi Jewellers has demonstrated its commitment to growth and expansion. Presently, the company operates a flagship showroom situated at No. 130, NSC Bose Road, Sowcarpet, Chennai. However, aiming to augment its business, the entity intends to establish additional showrooms within the same city by utilizing funds raised through an upcoming IPO.
Khazanchi Jewellers has consistently reported positive financial performance in recent years. In the financial years 2020, 2021, and 2022, the company recorded PAT figures of Rs. 230.71 lakhs, Rs. 275.58 lakhs, and Rs. 326.62 lakhs, respectively.
Khazanchi Jewellers IPO More Details Click Here
