Issue Price
₹27
Per Share
GMP
NIL
Grey Market
Est. Listing
₹27
Expected Price
Min. Application
₹216,000
2 lots × 4000 shares
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.Competitive 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.
Veerkrupa Jewellers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 152,000 | — | ₹0.41 Cr | — |
| TOTAL | 3,000,000 | 100.00% | ₹8.10 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹108,000 |
| Retail (Max) | 13 | 52,000 | ₹1,404,000 |
| sNII (Min) | 14 | 56,000 | ₹1,512,000 |
| bNII (Min) | 68 | 272,000 | ₹7,344,000 |
| Particulars | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 165.32 | 1094.86 | 463.28 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 8.27 | 0.71 | 1.07 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 335.48 | 520.46 | 1034.77 |
| Reserves & Surplus | 8.27 | 302.69 | 303.76 |
| Total Borrowings | N/A | N/A | N/A |