Veerkrupa Jewellers Limited IPO
BSE SME₹108,000 / 4000 Shares
Veerkrupa Jewellers Limited IPO Details
The Veerkrupa Jewellers Limited IPO price band is set between ₹27 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 29 Jun, 2022 and closes on 8 Jul, 2022. Investors can check the allotment status on 14 Jul, 2022, while the listing date is tentatively scheduled for 18 Jul, 2022.
The total issue size is 3,000,000 shares of ₹10, aggregating up to ₹8.10 Cr. Stay tuned for the latest Veerkrupa Jewellers Limited IPO review and GMP updates.
Veerkrupa Jewellers Limited IPO Review, Rating & Analysis
Veerkrupa Jewellers Limited IPO Review
NO REVIEWVeerkrupa Jewellers Limited IPO Rating
Veerkrupa Jewellers Limited IPO Highlights
IPO Date
Jun 29, 2022 - Jul 8, 2022
Listing Date
18 Jul, 2022
Face Value
₹10 Per Equity Share
Price Band
₹27 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Veerkrupa Jewellers Limited IPO Lot Size
The minimum market lot for Veerkrupa Jewellers Limited IPO is 4000 shares with an application amount of ₹1,08,000. 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 | 4000 | ₹1,08,000 |
| Retail (Max) | 1 | 4000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 36000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 40000 | ₹10,80,000 |
Veerkrupa Jewellers Limited IPO Timeline
Issue Price
₹27 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFin Technologies LimitedLead Manager
First Overseas Capital LimitedIssue Size
3,000,000 shares of ₹10(aggregating up to ₹8.10 Cr)Veerkrupa Jewellers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 11.59 | 10.02 | 0.21 | - | - | - |
| 31 Mar 21 | 10.34 | 4.63 | 0.01 | - | - | - |
| 31 Mar 20 | 5.20 | 10.94 | 0.01 | - | - | - |
| 31 Mar 19 | 3.35 | 1.65 | 0.08 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Chirag Arvind Shah
- Mrs Nehaben Chiragbhai Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 79.94% | 49.44% |
About Company
Veerkrupa Jewellers Limited is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that include diamond, platinum and other precious and semi-precious stones. Veerkrupa Jewellers Limited has two showrooms located at Naroda and Narol has an average size of 1050 square feet and 13 staff, the majority of them are sales personnel.Veerkrupa Jewellers sell a wide range of jewellery products such as designer, traditional, modern and combined designs of jewellery such as earrings, chains, bracelets, gold/silver bars, Bands, Mandalsutra, Pendant sets and chains, Anklets, Waist Belts, necklaces, Hand tools, pooja items and decorative items in silver. The company sell jewellery products for multiple occasions such as weddings and party-wear, jewellery for personal milestones, festival jewellery, daily-wear jewellery, kid's jewellery and men's jewellery.
Veerkrupa Jewellers Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,424,000 | 1,424,000 | 2,848,000 |
Day 1 -29-06-22 06:00 PM | 0.15 x | 0.22 x | 0.19 x |
Day 2 -30-06-22 06:00 PM | 0.16 x | 0.41 x | 0.28 x |
Day 3 -01-07-22 06:00 PM | 0.17 x | 0.59 x | 0.38 x |
Day 4 -04-07-22 06:00 PM | 0.79 x | 1.96 x | 1.38 x |
Day 5 -05-07-22 06:00 PM | 1.04 x | 2.67 x | 1.85 x |
Frequently Asked Questions about Veerkrupa Jewellers Limited IPO IPO
When will Veerkrupa Jewellers Limited IPO open for subscription?
The Veerkrupa Jewellers Limited IPO opens on 29 Jun, 2022 and closes on 8 Jul, 2022.
What is the investors portion for Veerkrupa Jewellers Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1424000.
How to apply for Veerkrupa Jewellers Limited IPO?
You can apply for Veerkrupa 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 Veerkrupa Jewellers Limited IPO?
The issue size of Veerkrupa Jewellers Limited IPO is approx ₹3,000,000 shares of ₹10(aggregating up to ₹8.10 Cr) crores.
What is the price band of Veerkrupa Jewellers Limited IPO?
The price band for Veerkrupa Jewellers Limited IPO is ₹27 per equity share to ₹undefined.
What is the lot size of Veerkrupa Jewellers Limited IPO?
The minimum bid (lot size) for Veerkrupa Jewellers Limited IPO is N/A shares with an investment of approx ₹108,000 .
What is the allotment date of Veerkrupa Jewellers Limited IPO?
The allotment date for Veerkrupa Jewellers Limited IPO is 14 Jul, 2022.
What is the listing date of Veerkrupa Jewellers Limited IPO?
The listing date for Veerkrupa Jewellers Limited IPO is expected to be 18 Jul, 2022.
What is the GMP of Veerkrupa Jewellers Limited IPO?
The latest Grey Market Premium (GMP) for Veerkrupa 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.