IPO Trending
KHAZANCHISME / BSEListed

Khazanchi Jewellers Limited

Incorporated in 1996, Khazanchi Jewellers Limited is a well-known player in the Indian jewellery market with a strong presence in both wholesale and retail. The company offers a wide range of jewellery products including gold, diamond, precious stone jewellery, and also deals in bullion like coins and bars. With over three decades of experience, it currently operates one showroom at NSC Bose Road, Sowcarpet, Chennai and plans to expand by opening more showrooms in the same city using the funds raised through the IPO. The company has shown consistent growth and positive financial performance, with PAT of Rs. 230.71 lakhs in FY2020, Rs. 275.58 lakhs in FY2021, and Rs. 326.62 lakhs in FY2022.

₹140 - ₹1401.26x sub
Listed Price142.30
Listing Gain+1.64%
TimelineFixed Price Issue IPO
Open24 Jul 2023
Close28 Jul 2023
Allotment03 Aug 2023
Listing07 Aug 2023

Quota Reservation Portions

Market MakerPortion: 3,46,000 shares
5.01%
Nii (hni)Portion: 32,82,000 shares
47.5%
RetailPortion: 32,82,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,40,000
HNI2 lots / 2,000 shares
₹2,80,000

About the Company

Incorporated in 1996, Khazanchi Jewellers Limited is a well-known player in the Indian jewellery market with a strong presence in both wholesale and retail. The company offers a wide range of jewellery products including gold, diamond, precious stone jewellery, and also deals in bullion like coins and bars. With over three decades of experience, it currently operates one showroom at NSC Bose Road, Sowcarpet, Chennai and plans to expand by opening more showrooms in the same city using the funds raised through the IPO. The company has shown consistent growth and positive financial performance, with PAT of Rs. 230.71 lakhs in FY2020, Rs. 275.58 lakhs in FY2021, and Rs. 326.62 lakhs in FY2022.

Company Promoters

Mr Tarachand MehtaMr. Goutham