Kenvi Jewels IPO: GMP, Price, Dates, Issue Size 

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Kenvi Jewels IPO is set to make its debut on 2th feb 18 with 24.75 cr is engaged in the business of spinning of cotton yarn. 

Kenvi Jewels IPO – overview 

IPO Dates  2-7 Feb 18 
IPO Price  INR 36 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,860,000 shares (INR 6.70 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 

Kenvi Jewels IPO – Tentative Dates           

IPO Offer Opening Date  2 Feb 2018 
IPO Closing Date  7 Feb 2018 
Finalization of Basis of Allotment  12 Feb 2018 
Initiation of refunds  14 Feb 2018 
Transfer of shares to demat accounts  14 Feb 2018 
IPO Listing Date  16 Feb 2018 

Company Overview    

 
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 sells its jewellery under the brand name of ‘Suvarnakrupa’. KJL buys its raw materials from bullion market & local markets in Ahmedabad which are then designed and moulded into gold jewellery. 

Objects of the Issue 

1. To meet working capital requirement. 
2. To meet the expenses of the Issue. 

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 

Kfin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: kenvijewels.ipo@karvy.com 
Website: https://karisma.kfintech.com/ 

Kenvi Jewels IPO Lead Manager(s) 

  1. First Overseas Capital Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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