Kenvi Jewels Limited IPO (Kenvi Jewels IPO) Detail

Feb 2, 2018 - Feb 7, 2018

Incorporated in 2013, Kenvi Jewels Ltd(KJL) is Ahmedabad based commpany engaged in manufacturing and retailing of jewellery. Company also engaged into wholesaling and trading of gold jewellery. Kenvi Jewels sell gold jewellery made with or without studded diamonds, precious and semi-precious stones. Company's product portfolio includes Wedding Jewellery, Festive Jewellery, Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, Waist belts, Mangalsutra, Anklet, Zuda, Toe Ring, Pendant Set/ Pendant, Bracelet and Bangles.

Kenvi Jewels retail business is done through its showroom situated at Odhav, Ahmedabad. KJL sell its jewellery under the brand name of 'Suvarnakrupa'. KJL buy its raw materials from bullion market & local markets in Ahmedabad which is then designed and moulded into gold jewellery.

Company Promoters:

The Promoters of the Company is Mr. Chirag Champaklal Valani and Mrs. Hetalben Chiragkumar Valani.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
1. To meet working capital requirement; and
2. To meet the expenses of the Issue

Kenvi Jewels IPO Details

IPO DateFeb 2, 2018 - Feb 7, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,860,000 Eq Shares of ₹10
(aggregating up to ₹6.70 Cr)
Face Value₹10 Per Equity Share
IPO Price₹36 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Kenvi Jewels IPO Tentative Date / Timetable

Bid/Offer Opens OnFeb 2, 2018
Bid/Offer Closes OnFeb 7, 2018
Finalisation of Basis of AllotmentFeb 12, 2018
Initiation of RefundsFeb 14, 2018
Credit of Shares to Demat AcctFeb 14, 2018
IPO Shares Listing DateFeb 16, 2018

Kenvi Jewels IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹108,000
Maximum13000₹108,000

Kenvi Jewels IPO Subscription Status (Bidding Detail)

Kenvi Jewels IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

883,500

883,500

1,767,000

Feb 6, 2018 17:00

0.73x

0.17x

0.45x

Kenvi Jewels IPO Prospectus

Kenvi Jewels IPO Rating

30
3.7
Rating:Rated 3.7 stars

Vote Here ...

Kenvi Jewels IPO Listing Date

Listing DateFriday, February 16, 2018
BSE Script Code540953
NSE Symbol
Listing InM
ISININE923Y01015
IPO Price₹36 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹36.00
₹35.10
₹31.05
₹43.20
₹39.10
84,000

Kenvi Jewels IPO Reviews / Ratings

Company Contact Information

Kenvi Jewels Limited
14, Nav Durga Complex, Opp. Nav Durga Society,
Ambicanagar, Odhav,
Ahmedabad - 382415

Phone: +91 79 22973199, 22891099
Email: compliance.kjl@gmail.com
Website: http://www.kenvijewels.com/

Kenvi Jewels IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: kenvijewels.ipo@karvy.com
Website: https://karisma.karvy.com/

Kenvi Jewels IPO FAQs

  1. 1. What is Kenvi Jewels IPO?

    Kenvi Jewels IPO is a SME IPO of 1,860,000 equity shares of the face value of ₹10 aggregating up to ₹6.70 Crores.

    The issue price of the IPO is ₹36 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 2, 2018 and closes on Feb 7, 2018.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Kenvi Jewels IPO will open?

    The Kenvi Jewels IPO opens on Feb 2, 2018 and closes on Feb 7, 2018.

  3. 3. How to apply for Kenvi Jewels IPO?

    Kenvi Jewels IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Kenvi Jewels IPO allotment?

    The finalization of Basis of Allotment for Kenvi Jewels IPO will be done on Feb 12, 2018, and the allotted shares will be credited to your demat account by Feb 14, 2018. Check the Kenvi Jewels IPO allotment status.

  5. 5. When is Kenvi Jewels IPO listing date?

    The Kenvi Jewels IPO listing date is on Friday, February 16, 2018, at BSE SME.
  6. 6. What is the lot size of Kenvi Jewels IPO?

    Kenvi Jewels IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Kenvi Jewels IPO Review / Comments

DownriteVJ
5. DownriteVJ  Feb 15, 2018 16:17
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Listing Tomorrow
CA Nitin Agrawal
4. CA Nitin Agrawal  Feb 6, 2018 18:16
Is IPO ka to bhagwaan hi maalik hai ab.... Sab kismat ka khel hai...aise samay mein share market ka ye haal hai ....koun invest karega ?
Gainer
3. Gainer  Feb 2, 2018 13:15
Avoid or buy Kenvi jewels?
DownriteVJ
3.1. DownriteVJ  Feb 5, 2018 18:21
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Avoid
SecTheta
2. SecTheta  Jan 31, 2018 21:44
Avoid!
pragnesh soni
1. pragnesh soni  Jan 30, 2018 13:26
CLEAR AVOID







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