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Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
29-Apr-2025 to
06-May-2025
Issue Size
₹8.75 Cr
Price Band
₹25
Allotment date
07-May-2025
Listing date
09-May-2025
Lot size
6000
No. of shares
34,98,000
Fresh issue/OFS
₹8.75 Cr /--
Kenrik Industries Limited, incorporated on February 28, 2017, specializes in the manufacturing and B2B supply of traditional Indian jewellery. Its offerings include handmade gold jewellery, often studded with precious and semi-precious stones like diamonds, rubies, and cubic zirconia. The product range consists of rings, earrings, pendants, necklaces, armlets, nose rings, bangles, bracelets, chains, watches, luxury items, and wedding jewellery. The company is primarily serving B2B markets across three pricing segments—high-end, mid-market, and value market. The company’s product-wise segment is dominated by gold jewellery, which consistently contributes approximately 97–99% of the total revenue across all years. Geographically, Gujarat serves as the company’s core market, accounting for around 96–100% of total revenue in recent years.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
1.9x
The issue size of Kenrik is ₹8.75 Cr.
Kenrik falls into Fashion Accessories industry.
The Kenrik IPO will be listed on NSE.
The open and close dates for the Kenrik are 29-Apr-2025 & 06-May-2025.
The price band for the Kenrik ipo is ₹25
The listing date of Kenrik IPO is 09-May-2025.
The purpose of this IPO is to raise fresh capital.
Kenrik total subscription ratio is 1.9X.
Key financial of the Kenrik are:
| Kenrik | FY-25 | FY-24 | FY-23 | FY-22 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 74.74 | 70.77 | 51.88 | 32.59 |
| EBIT (₹ Cr) | 1.45 | 1.25 | 0.49 | 0.42 |
| Proft after Tax (₹ Cr) | 0.99 | 1.07 | 0.47 | 0.39 |
| Debt (₹ Cr) | 1.06 | 0.78 | 0.57 | 0.35 |
| Net Worth (₹ Cr) | 13.6 | 12.6 | 11.54 | 11.07 |
| RoE (%) | 7.3 | 8.49 | 4.11 | 3.51 |