Veerkrupa iewellers IPO is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products.
Veerkrupa iewellers IPO- overview
| IPO Dates | 29 June-8 July 2022 |
| IPO Price | INR 27 per share |
| Fresh issue | 3,000,000 shares (INR 8.10 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,000,000 shares (INR 8.10 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Veerkrupa iewellers IPO – Tentative Dates
| IPO Offer Opening Date | 29 June 2022 |
| IPO Closing Date | 08 July 2022 |
| Finalization of Basis of Allotment | 08 July 2022 |
| Initiation of refunds | 11 July 2022 |
| Transfer of shares to demat accounts | 12 July 2022 |
| IPO Listing Date | 18 July 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Veerkrupa Jewelers IPO is engaged in the jewellery business including the sale of silver, gold, studded and other jeweler 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, most of them are sales personnel.
The company 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 sells jewellery products for multiple occasions such as weddings and partywear, jewellery for personal milestones, festival jewellery, daily-wear jewellery, kid’s jewellery and men’s jewellery.
Strengths:
- Use of the established Brand name.
- Prime Location of the Showroom.
- Diversified product portfolio across categories and price points.
- Experienced Promoter and management team with proven execution capabilities.
- Well established and cordial relationship with our supplier.
Objects of the Issue
- To meet the Working Capital requirements.
- General Corporate Expenses.
Company Financials
| Particulars | 31- March -21 | 31-March -20 |
| Total Assets | 1034.77 | 520.46 |
| Total Revenue | 463.28 | 1094.86 |
| Profit After Tax | 1.07 | 0.71 |
Company Contact Information
Veerkrupa Jewellers Limited
Shop No. 7, Vrundavan Residency,
Near Satyam School, Near Dharmnath Prabhu Society
Ahmedabad
Phone: Naroda, Ahmedabad 382330,
Email: complianceveerkrupa@gmail.com
Website: https://www.veerkrupajewellers.com/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: vjl.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
