Eighty Jewellers Limited IPO
BSE SME₹123,000 / 3000 Shares
Eighty Jewellers Limited IPO Details
The Eighty Jewellers Limited IPO price band is set between ₹41 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 31 Mar, 2022 and closes on 5 Apr, 2022. Investors can check the allotment status on 8 Apr, 2022, while the listing date is tentatively scheduled for 13 Apr, 2022.
The total issue size is 2,700,000 Eq Shares of ₹10 , aggregating up to ₹11.07 Cr. Stay tuned for the latest Eighty Jewellers Limited IPO review and GMP updates.
Eighty Jewellers Limited IPO Review, Rating & Analysis
Eighty Jewellers Limited IPO Review
NO REVIEWEighty Jewellers Limited IPO Rating
Eighty Jewellers Limited IPO Highlights
IPO Date
Mar 31, 2022 - Apr 5, 2022
Listing Date
13 Apr, 2022
Face Value
₹10 Per Equity Share
Price Band
₹41 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Eighty Jewellers Limited IPO Lot Size
The minimum market lot for Eighty Jewellers Limited IPO is 3000 shares with an application amount of ₹1,23,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,23,000 |
| Retail (Max) | 1 | 3000 | ₹1,23,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,46,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 27000 | ₹11,07,000 |
Eighty Jewellers Limited IPO Timeline
Issue Price
₹41 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue Size
2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr)#Fresh Issue: 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr)Eighty Jewellers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 33.98 | 44.36 | 0.83 | - | - | - |
| 31 Mar 21 | 31.97 | 78.68 | 3.76 | - | - | - |
| 31 Mar 20 | 31.74 | 64.90 | 1.55 | - | - | - |
| 31 Mar 19 | 27.45 | 81.92 | 1.001 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Tilok Chand Bardia
- Mr. Nikesh Bardia
- Mr. Nitin Kumar Bardia
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | N/A% |
About Company
Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited. The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers. The company is located in Chhattisgarh. Eighty Jewellers Limited has the right to open stores in the Brand name of Anopchand Tilokchand Jewellers either directly opening a showroom or through sub-franchise arrangements.
The company operates on a B2B business model, selling jewellery products to a sub-franchisee store at Korba operated by M/S Chhattisgarh Sales Corporation and also serves as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.
Eighty Jewellers Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,281,000 | 1,281,000 | 2,562,000 |
Day 1 -31-03-22 06:00 PM | 0.72 x | 0.07 x | 0.40 x |
Day 2 -01-04-22 06:00 PM | 0.82 x | 0.12 x | 0.47 x |
Day 3 -04-04-22 06:00 PM | 1.24 x | 0.46 x | 0.85 x |
Day 4 -05-04-22 06:00 PM | 2.88 x | 2.03 x | 2.45 x |
Frequently Asked Questions about Eighty Jewellers Limited IPO IPO
When will Eighty Jewellers Limited IPO open for subscription?
The Eighty Jewellers Limited IPO opens on 31 Mar, 2022 and closes on 5 Apr, 2022.
What is the investors portion for Eighty Jewellers Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1281000.
How to apply for Eighty Jewellers Limited IPO?
You can apply for Eighty Jewellers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Eighty Jewellers Limited IPO?
The issue size of Eighty Jewellers Limited IPO is approx ₹2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr)#Fresh Issue: 2,700,000 Eq Shares of ₹10 (aggregating up to ₹11.07 Cr) crores.
What is the price band of Eighty Jewellers Limited IPO?
The price band for Eighty Jewellers Limited IPO is ₹41 per equity share to ₹undefined.
What is the lot size of Eighty Jewellers Limited IPO?
The minimum bid (lot size) for Eighty Jewellers Limited IPO is N/A shares with an investment of approx ₹123,000 .
What is the allotment date of Eighty Jewellers Limited IPO?
The allotment date for Eighty Jewellers Limited IPO is 8 Apr, 2022.
What is the listing date of Eighty Jewellers Limited IPO?
The listing date for Eighty Jewellers Limited IPO is expected to be 13 Apr, 2022.
What is the GMP of Eighty Jewellers Limited IPO?
The latest Grey Market Premium (GMP) for Eighty Jewellers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.