Business Standard

Veerkrupa Jewellers Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

8.10 cr

Price Range (₹)

27

Lot Size

4000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

29-Jun-2022

Close Date

08-Jul-2022

Listing Date

18-Jul-2022

Veerkrupa Jewellers Ltd News

    The Shares of Veerkrupa Jewellers Ltd have now been listed.

    Veerkrupa Jewellers Ltd IPO Details

    Initial public issue of 30,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Veerkrupa Jewellers Limited (The Company or The Issuer Company) for cash at a price Rs. 27/- per equity share (including a share premium of Rs. 17/- per equity share) (Issue Price) aggregating to Rs. 8.10 crores (The Issue), out of which 1,52,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 27/- per equity share, aggregating to Rs. 0.41 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 28,48,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 27/- per equity share aggregating to Rs. 7.69 crores (is hereinafter referred to as the Net Issue). The issue and the net issue will constitute 38.15 % and 36.22 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 27 is 2.7 times of the face value.

    Objective of issue

    To meet the working capital requirements. General corporate expenses.

    Veerkrupa Jewellers Ltd Contact Details

    Veerkrupa Jewellers Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - complianceveerkrupa@gmail.com

    Website - www.veerkrupajewellers.com