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KENRIKSME / BSEListed
Kenrik Industries

Kenrik Industries Limited, incorporated in 2017, designs and distributes traditional handmade gold jewellery featuring diamonds, rubies, cubic zirconia, and other precious or semi-precious stones. Its product range includes rings, earrings, armlets, pendants, chains, bracelets, bangles, watches, luxury accessories, and specialized wedding jewellery. Operating under a pure B2B model, the company caters to high-end, mid-market, and value segments, while the actual manufacturing is executed on a job-work basis at its Ahmedabad facility. Focused heavily on quality control and inventory management, Kenrik ensures all products are BIS Hallmark certified. As of July 31, 2024, the company had a small team of 9 employees.

₹25 - ₹252x sub
Listed Price₹25.01
Listing Gain+0.04%

IPO Schedule & Timeline

Fixed Price IPO
Open29 Apr 2025
Close06 May 2025
Allotment07 May 2025
Listing09 May 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,80,000 shares
5.15%
Nii (hni)16,56,000 shares
47.34%
Retail16,62,000 shares
47.51%

Minimum Application Lots

Retail1 Lot (6,000 shares)
₹1,50,000
HNI2 Lots (12,000 shares)
₹3,00,000

Company Promoters

Nitinkumar Dalpatbhai ShahNihar Nitinbhai ShahManisha Nitinkumar ShahShah Nitin Dalpatlal (HUF)

Company Background

Kenrik Industries Limited, incorporated in 2017, designs and distributes traditional handmade gold jewellery featuring diamonds, rubies, cubic zirconia, and other precious or semi-precious stones. Its product range includes rings, earrings, armlets, pendants, chains, bracelets, bangles, watches, luxury accessories, and specialized wedding jewellery. Operatin...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Oct-24)₹42.19 Cr
Growth+29.1%
Revenue Trend (₹ in Crores)
0.027.254.481.6Mar-22Mar-23Mar-24Oct-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Oct-2442.190.7815.980.99
Mar-2470.971.0815.80.78
Mar-2352.040.4715.590.57
Mar-2232.690.3912.470.35

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Oct-241.4910.33%12.51%023.31
Mar-241.219.01%10.85%20.740
Mar-230.534.21%5.39%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
07 May 2025
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
09 May 2025

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Kenrik Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 May 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 May 2025Trading commences on exchange

How to Check Kenrik Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Kenrik Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Kenrik Industries IPO

Complete issue overview for Kenrik Industries (KENRIK) IPO. The issue features an equity share price band of ₹25 per share with a minimum retail lot size of 6000 Shares (minimum application amount of ₹1,50,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions