Kenvi Jewels IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 6.70 Cr. The company is based in Ahmedabad and caters to Jewellery sector. First Overseas Capital is the merchant banker of Kenvi Jewels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st December 2017.
Kenvi Jewels IPO open date is 2nd February 2018 and close date is 7th February 2018. IPO Allotment Date is 12th February 2018 and Listing date is 16th February 2018.Kenvi Jewels IPO size is ₹ 6.70 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Kenvi Jewels IPO. Kfin Technologies Limited is the Registrar and Market Maker is Alacrity Securities Ltd. for Kenvi Jewels IPO.
Kenvi Jewels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kenvi Jewels IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on manufacturing and retailing of jewellery. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Kenvi Jewels IPO size is ₹ 6.70 Cr. with fresh issue size of ₹ 6.70 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Kenvi Jewels IPO is expected to be 12th February 2018, after the finalization of basis of allotment. Investors can check Kenvi Jewels IPO allotment status on the registrars website, Kfin Technologies Limited . Kenvi Jewels IPO refund dates are 14th February 2018.
Kenvi Jewels IPO is expected to be listed on 16th February 2018.
The upper price band for the Kenvi Jewels IPO is set at ₹ 36.00 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 Kenvi Jewels 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 Kenvi Jewels 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 7th February 2018. After submission, funds are blocked until the basis of allotment of Kenvi Jewels IPO is finalised.
The merchant banker for Kenvi Jewels IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kenvi Jewels IPO RHP for further details.
The registrar for Kenvi Jewels IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Kenvi Jewels IPO through their official website or helpline.
Kenvi Jewels IPO was subscribed 0.45 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Kenvi Jewels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kenvi Jewels Financial Review Page
Merchant Banker(s) of Kenvi Jewels IPO: First Overseas Capital Limited
Kenvi Jewels IPO subscription was 0.45 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.
Kenvi Jewels IPO listed at a listing price of 39.10 against the offer price of 36.00.
The current market price of Kenvi Jewels is 3.33.
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