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
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Kenvi Jewels Ltd - SME IPO |
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| 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
Apply for Kenvi Jewels LTD IPO Now:
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