Kenrik Industries IPO

1.97x

subscribed

Kenrik Industries IPO

Diamond & Jewellery
listed
₹1.50LMin. investment
  1. Pre-apply
    28 Apr
  2. Bid start
    29 Apr
  3. Bid end
    6 May
  4. Allotment
    7 May
  5. Release of funds
    8 May
  6. Demat transfer
    8 May
  7. Listing
    9 May

About Kenrik Industries Limited

SectorDiamond & Jewellery
Price range₹25.00 – ₹25.00
IPO type
SME
Lot size6000 shares
Issue size₹8Cr
Red Herring Prospectus
Read
Market Cap
₹31.24CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹70.77CrLower than sector avg
Growth rate3Y CAGR
29.50%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹70.77Cr
This sector
₹5,048.35Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
29.50%
This sector
0.03%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹1.08Cr
This sector
₹55.1Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹31.24Cr
This sector
₹7,480.07Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
21.21
This sector
33.79
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.06
This sector
0.58
Compare with companies

Objectives

Working capital requirements
74.97%
General corporate purposes
20.57%
Kenrik Industries Limited specializes in handcrafted gold jewellery with precious stones like diamonds and rubies. Their product range includes rings, earrings, necklaces, and wedding jewellery, catering to high-end, mid-market, and value-conscious customers. Based in Ahmedabad, they craft bespoke designs on a job work basis. The company sources raw materials flexibly to manage gold price volatility. Operating on a B2B model, they focus on direct marketing, referrals, and long-term client relationships, offering BIS Hallmarked jewellery and a customer-centric approach.

IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Apr-25
0.0 times (X)
0.02 times (X)
0.49 times (X)
0.25 times (X)
30-Apr-25
0.0X
0.03X
0.94X
0.49X
01-May-25
0.0X
0.03X
1.0X
0.52X
02-May-25
0.0X
0.06X
1.48X
0.77X
05-May-25
0.0X
0.16X
2.43X
1.3X
06-May-25
0.0X
0.2X
3.74X
1.97X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Kenrik Industries IPO ?

The issue size of the Kenrik Industries IPO is 8 Cr.

What is 'pre-apply' for Kenrik Industries IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Kenrik Industries IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.