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Open
31 Mar to 5 Apr, 2022
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Close
31 Mar to 5 Apr, 2022
3
Allotment
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Listing
Wed, Apr 13, 2022
Price Band
₹41 per share
Issue Size
27,00,000 shares (agg. up to ₹11 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Apr 13, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.10x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 33.99 | 31.97 | 31.75 | 27.46 |
| Total Income | 44.36 | 78.69 | 64.91 | 81.92 |
| Profit After Tax | 0.83 | 3.77 | 1.55 | 1.00 |
| EBITDA | 1.50 | 6.21 | 3.55 | 2.80 |
| NET Worth | 10.12 | 9.29 | 5.52 | 3.97 |
| Reserves and Surplus | 2.62 | 8.45 | 4.69 | 3.13 |
| Total Borrowing | 13.17 | 12.35 | 15.65 | 12.17 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Foce India Ltd. | SME | ₹29.03 Cr | ₹225 | null | ₹225.70 | +0.31% | ₹604.80 (+0.47%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 9.00 |
| 2 | General Corporate Purpose | 0.85 |
About Eighty Jewellers IPO
Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited. The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers. The company is located in Chhattisgarh. Eighty Jewellers Limited has the right to open stores in the Brand name of Anopchand Tilokchand Jewellers either directly opening a showroom or through sub-franchise arrangements. The company operates on a B2B business model, selling jewellery products to a sub-franchisee store at Korba operated by M/S Chhattisgarh Sales Corporation and also serves as a wholesaler to M/s Grand Bhagwati Store in Bilaspur. Competitive Strengths: Use of the established Brand name. Cordial relationship with our customers. Experience of our Promoters. Design, Innovation and Product range. Prime Location of the Showroom. + Read More
Contact Details
Eighty Jewellers Ltd. AddressAnup PlazaSadar BazarRaipur, Chhattisgarh, 492001+91-0771-2234737info@eightyjewels.inVisit Website