MainboardGMP
LIVE
LIVE GMP
Watrana Rentals Ltd₹0·Crystal Crop Protection Ltd₹+45·Vedant Poly Fabs Ltd₹0·Johnsoncab Electricals Ltd₹+5·HGS (India) Ltd₹+38·Vectras Enprocon Ltd₹0·Maxwell Engineering Solutions Ltd₹+82·Antala Industries Ltd₹0·Bombay Coated & Special Steels Ltd₹+8·Carver Roboweld Ltd₹0·Ajwa Projects Ltd₹0·M.K.Sons Fine Jewels Ltd₹+3·Watrana Rentals Ltd₹0·Crystal Crop Protection Ltd₹+45·Vedant Poly Fabs Ltd₹0·Johnsoncab Electricals Ltd₹+5·HGS (India) Ltd₹+38·Vectras Enprocon Ltd₹0·Maxwell Engineering Solutions Ltd₹+82·Antala Industries Ltd₹0·Bombay Coated & Special Steels Ltd₹+8·Carver Roboweld Ltd₹0·Ajwa Projects Ltd₹0·M.K.Sons Fine Jewels Ltd₹+3·
Home › IPOs › Kenvi Jewels Ltd.
KE
Kenvi Jewels Ltd.
CLOSED BSE SME Fixed Price IPO Fresh Capital Kenvi Jewels IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹36
Issue Price: ₹ 36
Issue Price
₹36
Face Value
₹10
Lot Size
3,000 shares
Open Date
02 Feb 2018
Close Date
07 Feb 2018
Allotment
12 Feb 2018
Listing Date
16 Feb 2018
Exchange
BSE SME
Kenvi Jewels IPO About the Company

Incorporated in 2013, Kenvi Jewels Ltd(KJL) is Ahmedabad based commpany engaged in manufacturing and retailing of jewellery. Company also engaged into wholesaling and trading of gold jewellery. Kenvi Jewels sell gold jewellery made with or without studded diamonds, precious and semi-precious stones. Company's product portfolio includes Wedding Jewellery, Festive Jewellery, Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, Waist belts, Mangalsutra, Anklet, Zuda, Toe Ring, Pendant Set/ Pendant, Bracelet and Bangles.

Kenvi Jewels retail business is done through its showroom situated at Odhav, Ahmedabad. KJL sell its jewellery under the brand name of 'Suvarnakrupa'. KJL buy its raw materials from bullion market & local markets in Ahmedabad which is then designed and moulded into gold jewellery.

...read more
Kenvi Jewels IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Working Capital ₹6
2 Issue Expenses ₹0
Kenvi Jewels IPO Lead Managers
First Overseas Capital Ltd.
Issue Details
Total Shares Offered
1,860,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹6 Cr
Pre-Issue Shareholding
2,842,500 shares
Post-Issue Shareholding
4,702,500 shares
UPI Mandate
07 Feb 2018
IPO Analytics Dashboard
LIVE
Kenvi Jewels IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
Kenvi Jewels IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Kenvi Jewels IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 883,500 (48%) —
👤 Retail (RII) — 883,500 (48%) —
📊 Market Maker — 93,000 (5%) —
Σ Total — 1,860,000 (100%) —

* Amount calculated at upper price band (₹36) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 883,500 (48%)
48%
👤
Retail (RII) ? 883,500 (48%)
48%
📊
Market Maker ? 93,000 (5%)
5%
Total Shares Offered 1,860,000 (100%)
Kenvi Jewels IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 3,000
Min. Investment ₹108,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 6,000
Min. Investment ₹216,000
Kenvi Jewels IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 14 Feb 2018
  2. 2 📂 Credit of Shares to Demat 14 Feb 2018
Investor Interpretation
  • Retail allocation is strong at 48% of the total offering.
  • HNI/NII demand is strong at 48%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 36  ·  Symbol: —
H —
L —
O —
Kenvi Jewels IPO Company Info
📍 14, Nav Durga Complex, Opp. Nav Durga Society, Ambicanagar, , Odhav, Ahmedabad, Gujarat, 382415
Visit Website
Kenvi Jewels IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
Kenvi Jewels IPO FAQs
Kenvi Jewels IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Kenvi Jewels IPO is ₹36 per share. One lot has 3,000 shares, so the minimum investment is about ₹108,000. It is a Fresh Capital issue.
Kenvi Jewels IPO opened on 02 Feb 2018 and closed on 07 Feb 2018. Allotment is tentatively finalised on 12 Feb 2018. Shares are listed on BSE SME on 16 Feb 2018.
Incorporated in 2013, Kenvi Jewels Ltd(KJL) is Ahmedabad based commpany engaged in manufacturing and retailing of jewellery. Company also engaged into wholesaling and trading of gold jewellery.
As per the offer document, Kenvi Jewels plans to use the IPO proceeds for: 1 Working Capital (₹6); 2 Issue Expenses (₹0).
The lead manager of Kenvi Jewels IPO is First Overseas Capital Ltd..
Kenvi Jewels IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
Disclaimer

The information on mainboardgmp.com is provided for educational and informational purposes only.

We are not a Securities and Exchange Board of India (SEBI)-registered investment advisor, analyst, broker, or financial planner. The content, data, and insights on this website, including Grey Market Premium (GMP), subscription data, IPO dates, and market information, are not intended as financial advice or recommendations to buy, sell, or hold securities.

GMP and related IPO data are collected from unofficial market sources and may not reflect actual IPO listing performance or future price movements. You should not rely solely on the information provided here to make financial or investment decisions.

Investing in IPOs and securities involves risk. Always conduct your own research and consult a qualified SEBI-registered financial advisor before making investment decisions. mainboardgmp.com and its owners shall not be liable for any financial losses, trading losses, or damages arising from use of this website.

By using this website, you acknowledge and agree that you use the content at your own risk.