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Kenrik Industries IPO
1.97xsubscribed

Kenrik Industries IPO

Diamond & Jewellery
listed
₹1.50LMin. investment

Kenrik Industries Limited IPO Details

SectorDiamond & Jewellery
Price range₹25.00 – ₹25.00
IPO type
SME
Lot size6000 shares
Issue size₹8Cr
Red Herring Prospectus
Read
Market cap
₹31.24CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹70.77CrLower than sector avg
Growth rate3Y CAGR
29.50%Higher than sector avg

Kenrik Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Apr-25
0.0 times (X)
0.02 times (X)
0.49 times (X)
0.25 times (X)
30-Apr-25
0.0X
0.03X
0.94X
0.49X
01-May-25
0.0X
0.03X
1.0X
0.52X
02-May-25
0.0X
0.06X
1.48X
0.77X
05-May-25
0.0X
0.16X
2.43X
1.3X
06-May-25
0.0X
0.2X
3.74X
1.97X

As on 29-Apr-25, 5:30 PM

Kenrik Industries IPO Timeline

  1. Pre-apply
    28 Apr 2025
  2. Bid start
    29 Apr 2025
  3. Bid end
    6 May 2025
  4. Allotment
    7 May 2025
  5. Release of funds
    8 May 2025
  6. Demat transfer
    8 May 2025
  7. Listing
    9 May 2025

About Kenrik Industries Limited

Kenrik Industries Limited specializes in handcrafted gold jewellery with precious stones like diamonds and rubies. Their product range includes rings, earrings, necklaces, and wedding jewellery, catering to high-end, mid-market, and value-conscious customers. Based in Ahmedabad, they craft bespoke designs on a job work basis. The company sources raw materials flexibly to manage gold price volatility. Operating on a B2B model, they focus on direct marketing, referrals, and long-term client relationships, offering BIS Hallmarked jewellery and a customer-centric approach.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Kenrik Industries Limited IPO

Working capital requirements
74.97%
The company will allocate ₹6.56 Cr for its own working capital needs.
General corporate purposes
20.57%
The company will spend ₹1.80 Cr towards its general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹70.77Cr29.50%₹1.08Cr₹31.24Cr21.210.06
This sector (avg.)₹7,172.77Cr0.03%₹66.45Cr₹7,398.94Cr45.820.57
₹60,456Cr---₹3,337Cr₹3,52,813.4Cr85.471.79
₹25,045.07Cr---₹714.17Cr₹37,346.24Cr40.101.03
₹4,910.58Cr---₹118.71Cr₹10,321.1Cr42.340.72

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Kenrik Industries IPO Contact Details

Company NameKenrik Industries Limited

How to apply for Kenrik Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Kenrik Industries Limited IPO FAQs