Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,50,000 | 1 | 6000 |
About Kenrik Industries Limited IPO
Kenrik Industries Limited designs and distributes exquisite handmade gold jewelry adorned with diamonds, rubies, and cubic zirconia. From rings and necklaces to wedding collections, each piece is crafted at their Ahmedabad facility, meeting BIS Hallmark standards for purity and quality.
Operating on a B2B model, Kenrik serves high-end, mid-market, and value segments with precision. With just 9 dedicated employees, the company blends traditional artistry with stringent quality control to deliver jewelry that shines with authenticity and trust.
Kenrik Industries Limited IPO Details
| IPO Date | April 29, 2025 to May 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Total Issue Size | 34,98,000 shares (aggregating up to ₹8.75 Cr) |
| Fresh Issue | 34,98,000 shares (aggregating up to ₹8.75 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 89,99,900 shares |
| Share Holding Post Issue | 1,24,97,900 shares |
| IPO Open Date | Tue, Apr 29, 2025 |
| IPO Close Date | Tue, May 6, 2025 |
| Tentative Allotment | Wed, May 7, 2025 |
| Initiation of Refunds | Thu, May 8, 2025 |
| Credit of Shares to Demat | Thu, May 8, 2025 |
| Tentative Listing Date | Fri, May 9, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 6, 2025 |
Kenrik Industries Limited IPO Prospectus
Kenrik Industries Limited Financial Snapshot (in Crore)
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 15.98 | 15.8 | 15.59 | 12.47 |
| Revenue | 42.19 | 70.97 | 52.04 | 32.69 |
| Profit After Tax | 0.78 | 1.08 | 0.47 | 0.39 |
| Net Worth | 13.37 | 12.59 | 11.5 | 11.03 |
| Total Borrowing | 0.99 | 0.78 | 0.57 | 0.35 |
Kenrik Industries Limited Promoters Holding
Nitinkumar Dalpatbhai Shah, Nihar Nitinbhai Shah, Manisha Nitinkumar Shah, Shah Nitin Dalpatlal (HUF)
Kenrik Industries Limited IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Kenrik Industries Limited IPO Lead Manager(s)
Turnaround Corporate Advisors Private Limited
Kenrik Industries Limited Contact Details
Kenrik Industries Limited
B-306, East Face, Behind Maruti Suzuki Showroom,
Nr. S P Ring Road, Ambli Road, Ambli,
Daskroi
Phone: +91-9687141430
Email: cs@kenrikindustries.net
Website: http://www.kenrikindustries.net/
