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Veerkrupa Jewellers IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Jewellery sector. First Overseas Capital is the merchant banker of Veerkrupa Jewellers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th April 2022.
Veerkrupa Jewellers IPO open date is 29th June 2022 and close date is 8th July 2022. IPO Allotment Date is 8th July 2022 and Listing date is 18th July 2022.
IPO
Size:
₹ 8.10 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
13.37
cr. 
PE
Ratio:
75.00x
Average Sector PE Ratio: 25.29x
Veerkrupa Jewellers IPO size is ₹ 8.10 Cr. with IPO price of ₹ 27.00. 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 Veerkrupa Jewellers IPO. Kfin Technologies Limited is the Registrar and Market Maker is Beeline Broking Limited for Veerkrupa Jewellers IPO.
Veerkrupa Jewellers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Veerkrupa Jewellers IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on Jewellery business. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Veerkrupa Jewellers IPO size is ₹ 8.10 Cr. with fresh issue size of ₹ 8.10 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Veerkrupa Jewellers IPO is expected to be 8th July 2022, after the finalization of basis of allotment. Investors can check Veerkrupa Jewellers IPO allotment status on the registrars website, Kfin Technologies Limited. Veerkrupa Jewellers IPO refund dates are 11th July 2022.
Veerkrupa Jewellers IPO is expected to be listed on 18th July 2022.
The upper price band for the Veerkrupa Jewellers IPO is set at ₹ 27.00 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 Veerkrupa 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 Veerkrupa 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 8th July 2022. After submission, funds are blocked until the basis of allotment of Veerkrupa Jewellers IPO is finalised.
The merchant banker for Veerkrupa Jewellers 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 Veerkrupa Jewellers IPO RHP for further details.
The registrar for Veerkrupa Jewellers 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 Veerkrupa Jewellers IPO through their official website or helpline.
Veerkrupa Jewellers IPO was subscribed 1.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 8.10 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 13.37 cr.
PE
Ratio:
75.00x
Average Sector PE Ratio: 25.29x
Veerkrupa Jewellers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Veerkrupa Jewellers Financial Review Page
Merchant Banker(s) of Veerkrupa Jewellers IPO: First Overseas Capital Limited
Veerkrupa Jewellers IPO subscription was 1.85 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.
Veerkrupa Jewellers IPO listed at a listing price of 25.65 against the offer price of 27.00.
The current market price of Veerkrupa Jewellers is 1.07.
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