Eighty Jewellers IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Chattisgarh and caters to Jewellery sector. Hem Securities is the merchant banker of Eighty Jewellers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th February 2022.
Eighty Jewellers IPO open date is 31st March 2022 and close date is 5th April 2022. IPO Allotment Date is 8th April 2022 and Listing date is 13th April 2022.Eighty Jewellers IPO size is ₹ 11.07 Cr. with IPO price of ₹ 41.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Eighty Jewellers IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Eighty Jewellers IPO.
Eighty Jewellers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Eighty Jewellers IPO, based in Chattisgarh, operates in the Jewellery sector with a focus on Trading of various jewelries. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Eighty Jewellers IPO size is ₹ 11.07 Cr. with fresh issue size of ₹ 11.07 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Eighty Jewellers IPO is expected to be 8th April 2022, after the finalization of basis of allotment. Investors can check Eighty Jewellers IPO allotment status on the registrars website, Bigshare Services Private Limited. Eighty Jewellers IPO refund dates are 11th April 2022.
Eighty Jewellers IPO is expected to be listed on 13th April 2022.
The upper price band for the Eighty Jewellers IPO is set at ₹ 41.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Eighty Jewellers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Eighty Jewellers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th April 2022. After submission, funds are blocked until the basis of allotment of Eighty Jewellers IPO is finalised.
The merchant banker for Eighty Jewellers IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Eighty Jewellers IPO RHP for further details.
The registrar for Eighty Jewellers IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Eighty Jewellers IPO through their official website or helpline.
Eighty Jewellers IPO was subscribed 2.45 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Eighty Jewellers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Eighty Jewellers Financial Review Page
Merchant Banker(s) of Eighty Jewellers IPO: Hem Securities Limited
Eighty Jewellers IPO subscription was 2.45 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Eighty Jewellers IPO listed at a listing price of 44.10 against the offer price of 41.00.
The current market price of Eighty Jewellers is 35.67.
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