Kenrik Industries Ltd

Kenrik Industries Ltd IPO

IPO Price Range: ₹25 - 25

Our Company was originally incorporated as a private limited company in the name of Kenrik Industries Private Limited on 28th February, 2017 under the Companies Act, 2013 vide certificate of incorporation issued by the Deputy Registrar of Companies for and on behalf of the Jurisdictional Registrar of Companies, Registrar of Companies, Central Registration Centre and since then, commenced its business in manufacturing, wholesaling and supplying of plain and studded gold Jewellery and Ornaments. Our Company is mainly focused on traditional Indian jewellery. Our products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia etc. Our product portfolio includes rings, earrings, armlet, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. Our products cater to the customers across high-end, mid-market and value market segments. The jewelleries are made as per the specific requirements by the customer and the same are manufactured on job work basis at our manufacturing unit situated in Ahmedabad, Gujarat.

Min Investment

₹1,50,000

IPO Status

Live

Quantity in 1 Lot

6000

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Kenrik Industries Ltd

upcoming
Open Date29 Apr 2025
Close Date6 May 2025
Allotment Date7 May 2025
Listing Date9 May 2025

Key Statistics

Bid Opening DateBid Opening Date29 Apr 2025
Bid Closing DateBid Closing Date6 May 2025
Allotment DateAllotment Date7 May 2025
Quantity in 1 lotQuantity in 1 lot6000
Min InvestmentMin Investment₹1,50,000

Strengths and Risks of Kenrik Industries Ltd IPO

Strengths

Strengths

  • Established and proven track record.

  • Leveraging the experience of our Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with our customers.

  • Quality Assurance & Control.


Risks

Risks

  • Majorly its business is in Gujarat any adverse development affecting such a region may have an adverse effect on the companys business, prospects, financial condition, and results of operations.

  • Customer complaints, negative publicity, or concerns regarding the purity and quality of its gold/silver jewellery, or any lapses in the company quality control processes could significantly impact its business, brand reputation, and financial performance.

  • High inventory costs may adversely impact its business and financial conditions of the Company.

  • The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition. The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition.

  • The company has experienced negative cash flows in prior years.

  • Its may fails to protect the company jewellery designs.

  • Its may be subject to fraud, theft, employee negligence or similar incidents.

  • Its insurance may be insufficient to cover all losses associated with the company business operations.

  • Its registered office and manufacturing facility are located on leased or licensed premises. Any termination or failures by it to renew the leave and license agreements in a favourable and timely manner, or at all, could adversely affect its business and results of operations.

  • The company has availed unsecured loans from Promoters, Promoter Group and other companies that are recallable, at any time.

Promoters Holding

Investors Holdings %
Nitinkumar Dalpatbhai Shah50.87%
Nihar Nitinbhai Shah32.85%
Manisha Nitinkumar Shah10.81%
Shah Nitin Dalpatlal (HUF)5.47%

Frequently Asked Questions of Kenrik Industries Ltd IPO

  • What is 'pre-apply' for Kenrik Industries Ltd IPO?

    'Pre-apply' for Kenrik Industries Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Kenrik Industries Ltd IPO order be placed?

    Your Kenrik Industries Ltd IPO order will be placed on 29 Apr 2025.

  • What are the open and close dates of the Kenrik Industries Ltd IPO?

    The open and close dates of the Kenrik Industries Ltd IPO are 29 Apr 2025 to 6 May 2025.

  • What is the lot size and minimum order quantity of the Kenrik Industries Ltd IPO?

    The lot size and minimum order quantity of the Kenrik Industries Ltd IPO are 6000 and 6000 respectively.

  • What would be the listing gains on the Kenrik Industries Ltd IPO?

    The potential listing gains on the Kenrik Industries Ltd IPO will depend on various market factors and cannot be predicted with certainty.