Kenrik Industries IPO
smelistedAbout the company
Kenrik Industries Limited specializes in handcrafted gold jewellery with precious stones like diamonds and rubies. Their product range includes rings, earrings, necklaces, and wedding jewellery, catering to high-end, mid-market, and value-conscious customers. Based in Ahmedabad, they craft bespoke designs on a job work basis. The company sources raw materials flexibly to manage gold price volatility. Operating on a B2B model, they focus on direct marketing, referrals, and long-term client relationships, offering BIS Hallmarked jewellery and a customer-centric approach.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed29 Apr 2025Bidding starts for all investor categories
IPO Closes
Completed06 May 2025Last day to place your bid
Basis of Allotment
Completed07 May 2025Share allotment finalised
Refund Initiation
Completed08 May 2025Refunds credited for non-allottees
Credit to Demat
Completed08 May 2025Allotted shares credited to demat account
Listing on Exchange
Completed09 May 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 6000 | ₹150,000 | 1 | ₹150,000 | 1 lot only |
| HNI | 2 | 12000 | ₹300,000 | 2 | ₹300,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,600,000 | 4 | 0 | 0.00x | 100% |
| NII | 15% | 480,000 | 1.2 | 0 | 0.00x | 100% |
| Retail | 35% | 1,120,000 | 2.8 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
