Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹96.74 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹96.74 Cr |
| Fresh Issue | ₹91.90 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹140.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543953 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 1996, Khazanchi Jewellers Limited is a Chennai-based company engaged in the Jewellery segment. The organization started its operations in 1989 and today marks its presence in both the wholesale and retail sectors.
Khazanchi Jewellers primarily deals in Gold and Silver Jewelry. Their wide product range constitutes earrings, necklaces, chains, pendants, rings, bangles, bracelets, nose pins, mangalsutra and so on.
The company has one showroom located at No. 130, NSC Bose Road, Sowcarpet Chennai. To further its business, the entity intends to establish more such showrooms in the same city through funds to be received by way of the IPO.
Other enterprises of the Khazanchi Jewellers Groups are Sutaliya Finance Private Limited, Khazanchi Silvers Private Limited, Silverslane Proprietorship firm, Pathik Sales Private Limited, and KJ Estates Partnership Firm.
Khazanchi Jewellers Limited is led by Mr. Tarachand Mehta, Managing Director, and Mr. Goutham, Executive Director of the company.
Khazanchi Jewellers had positive financial reports over the past years. For the financial years 2020, 2021, and 2022, the PAT of the company was Rs. 230.71 lakhs, Rs. 275.58 lakhs, and Rs. 326.62 lakhs, respectively.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the establishment of the new showroom at Chennai, Tamil Nadu: Estimated Capital Expenditure for the new showroom and Estimated Inventory cost for the new showroom | 28.62 |
| 2 | Augmenting the working capital requirements of the existing operations | 55.00 |
| 3 | General Corporate Purposes | 12.00 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 145.07 | 124.36 | 113.20 | 103.80 |
| Total Income | 481.82 | 258.00 | 382.43 | 361.65 |
| Profit After Tax | 7.56 | 3.27 | 2.76 | 2.31 |
| NET Worth | 36.05 | 28.72 | 25.45 | 22.69 |
| Reserves and Surplus | 26.12 | 18.78 | 15.52 | 12.76 |
| Total Borrowing | 84.62 | 84.12 | 74.80 | 77.86 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 20.98% |
| ROCE | 18.91% |
| Debt / Equity | 1.45% |
| RoNW | 20.98% |
| PAT Margin | 1.57% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.62 | |
| P/E (x) | 45.75 | |
| Promoter Holding | 100.00% | |
| Market Cap | ₹346.46 Cr. | |
