Kenrik Industries Limited IPO is opening for subscription on 29 April 2025 and will close on 6 May 2025. This SME IPO is raising ₹8.75 crore from the fresh issue of 34.98 lakh equity shares.
The Kenrik Industries IPO allotment date will be decided on Wednesday, 7 May 2025. Kenrik Industries shares will be listed on BSE SME on Friday, 9 May 2025, per the announced tentative schedule.
The Kenrik Industries IPO is a fixed price issue, and the issue price is ₹25 per share. The lot size decided for the IPO is 6000 shares, which makes the minimum investment for the retail investors ₹150000, and the HNIs need to subscribe to at least 2 lots, which makes the minimum investment as ₹ 300000.
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Kenrik Industries BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | April 29, 2025 |
| IPO Closing Date | May 6, 2025 |
| Tentative IPO Listing Date | May 9, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹25 per share |
| Lot Size | 6000 shares |
| Total Issue Size | 3498000 Shares (₹8.75 Cr.) |
| Fresh Issue | 3498000 Shares (₹8.75 Cr.) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 8999900 shares |
| Shareholding post-issue | 12497900 shares |
Kenrik Industries Limited | Company Overview
Kenrik Industries Limited embarked on its journey in the year 2017. The firm has been engaged in designing, making, and distributing Indian jewellery of Indian style and tradition. The product range includes –
- Homemade gold
- Gems-studded jewellery
- Semi-precious and precious stones studded jewellery
- Rings
- Earrings
- Armlets
- Pendants
- Nose rings
- Chains
- Necklaces
- Watches
- Luxury items
- Wedding jewellery
- Bracelets
They have their manufacturing facility at Ahmedabad in Gujarat where all the designs are made keeping in mind the specific requirements of the customers.
The firm has been offering its products to different segments of customers, which include customers from the high market to value market segments. All the jewellery of the firm is BIS hallmark certified, ensuring the quality of the products.
Kenrik Industries Limited IPO | Key Details
- Kenrik Industries IPO Opening Date: April 29, 2025,
- Kenrik Industries IPO Closing Date: May 6, 2025.
- Allotment Date: May 7, 2025
- Price Band: ₹25 per share
- Lot Size: 6000 shares
- Refunds Initiated: Mar 8, 2025
- Shares Credited to Demat: May 8, 2025
- Listing Date: May 9, 2025
Kenrik Industries Ltd: Financial Overview
Kenrik Industries Limited saw a significant rise of 129.79% in its profit during FY24, while the revenue for the period only rose by 36.38%.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 15.8 | 15.59 | 0.21 | 1.347017319 |
| Revenue | 70.97 | 52.04 | 18.93 | 36.37586472 |
| Profit After Tax | 1.08 | 0.47 | 0.61 | 129.787234 |
| Net Worth | 12.59 | 11.5 | 1.09 | 9.47826087 |
| Total Borrowing | 0.78 | 0.57 | 0.21 | 36.84210526 |
Kenrik Industries Ltd IPO | FAQs
Kenrik Industries Ltd is engaged in designing, manufacturing, and distributing BIS hallmark high-quality jewelry of traditional form.
The tentative IPO listing date of Kenrik Industries has been fixed as Friday, May 9, 2025.
The bidding date for the Kenrik Industries IPO is April 29, 2025, and it will continue until May 6, 2025.
The minimum IPO lot size for Kenrik Industries is 6000 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Wednesday, May 7, 2025.
The IPO face value is set at ₹10 per share.
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