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EIGHTYSME / BSEListed

Eighty Jewellers Limited

Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited, trading in jewellery, ornaments, watches, and luxury articles made of gold, silver, diamonds, and platinum under the Anopchand Tilokchand Jewellers brand in Chhattisgarh. The company has the right to open stores under the brand either directly or through sub-franchise arrangements. It follows a B2B business model, supplying products to a sub-franchisee store in Korba operated by M/s Chhattisgarh Sales Corporation and serving as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.

₹41 - ₹41Open
Listed Price42.00
Listing Gain+2.44%
TimelineFixed Price IPO
Open31 Mar 2022
Close05 Apr 2022
Allotment08 Apr 2022
Listing13 Apr 2022

Quota Reservation Portions

Market MakerPortion: 1,38,000 shares
5.11%
Nii (hni)Portion: 12,81,000 shares
47.44%
RetailPortion: 12,81,000 shares
47.44%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,23,000
HNI2 lots / 6,000 shares
₹2,46,000

About the Company

Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited, trading in jewellery, ornaments, watches, and luxury articles made of gold, silver, diamonds, and platinum under the Anopchand Tilokchand Jewellers brand in Chhattisgarh. The company has the right to open stores under the brand either directly or through sub-franchise arrangements. It follows a B2B business model, supplying products to a sub-franchisee store in Korba operated by M/s Chhattisgarh Sales Corporation and serving as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.

Company Promoters

Mr. Tilok Chand BardiaMr. Nikesh BardiaMr. Nitin Kumar Bardia
Eighty Jewellers Limited IPO Details | GMP, Allotment & Financials | IPO Trending