Kenvi Jewels LTD IPO

Incorporated in 2013, Kenvi Jewels Ltd (KJL) is an Ahmedabad-based company engaged in manufacturing and retailing of jewellery. The company is also engaged into wholesaling and trading of gold jewellery. Kenvi Jewels sells gold jewellery made with or without studded diamonds, precious and semi-precious stones. Its 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 buys raw materials from bullion market & local markets in Ahmedabad which is then designed and moulded into gold jewellery.

Kenvi Jewels LTD SME IPO Issue Details

Kenvi Jewels Ltd - SME IPO

 Issue Open

 Feb 02, 2018 - Feb 07, 2018. 

 Issue Price  Rs 36 Per Equity Share
 Market Lot  3000 Shares 
 Minimum Order  Quantity  3000 Shares 
 Issue Size  1,860,000 Equity Shares of Rs 10 aggregating up to Rs 6.70 cr 
 Face Value  Rs 10/-
 Listing At  BSE SME


Company Promoters:

The Promoters of the Company are Mr. Chirag Champaklal Valani and Mrs. Hetalben Chiragkumar Valani.

Objects of Kenvi Jewels Ltd - SME IPO Issue:

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objectives:

1. To meet working capital requirement
2. To meet the expenses of the Issue


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