Business Standard

Kenvi Jewels Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.70 cr

Price Range (₹)

36

Lot Size

3000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

02-Feb-2018

Close Date

07-Feb-2018

Listing Date

16-Feb-2018

Kenvi Jewels Ltd News

    The Shares of Kenvi Jewels Ltd have now been listed.

    Kenvi Jewels Ltd IPO Details

    Public issue of 18,60,000 equity shares of face value of Rs. 10/- each (equity shares) of Kenvi Jewels Limited (The Company or The Issuer) for cash at a price Rs. 36/- per equity share (including a share premium of Rs. 26/- per equity share) (issue price) aggregating to Rs. 6.70 crores (the issue), of which 93,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 36/- per equity share, aggregating to Rs. 0.33 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,67,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 36 per equity share aggregating to Rs. 6.36 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 39.55% and 37.58%, respectively of the post issue paid up equity share capital of the company.The Face value of the equity share is Rs. 10 each and the issue price of Rs. 36/- i.e. 3.6 times of the face value.

    Objective of issue

    To meet working capital requirement.

    Kenvi Jewels Ltd Contact Details

    Kenvi Jewels Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - compliance.kjl@gmail.com

    Website - www.kenvijewels.com