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Veerkrupa Jewellers IPO IPO

SME29 Jun to 8 Jul, 202229 Jun to 8 Jul, 2022
Open
29 Jun to 8 Jul, 2022
Close
29 Jun to 8 Jul, 2022
3
Allotment
Listing
Mon, Jul 18, 2022
Price Band
₹27 per share
Issue Size
30,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Jul 18, 2022
Latest GMP
₹1
Est. Gain
3.7%
✦ AI Insight

GMP Trend

13-07-20221Est. ₹28+3.7%
23-06-20220Est. ₹27+1%

Live Subscription

CategorySubscription (times)
Total1.00x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets11.6010.355.203.35
Total Income10.034.6310.951.65
Profit After Tax0.210.010.010.08
Reserves and Surplus3.253.043.030.08
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Eighty Jewellers Ltd.SME₹11.07 Cr₹4125.15₹44.10+7.56%₹46.45 (+4.88%)
Foce India Ltd.SME₹29.03 Cr₹225null₹225.70+0.31%₹604.80 (+0.47%)
Ethos Ltd.Mainboard₹402.26 Cr₹87896₹803.10-8.53%₹2,633.30 (-0.86%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet the Working Capital requirements6.68
2General Corporate Purpose0.82
3To meet the expenses of the Issue0.60

About Veerkrupa Jewellers IPO

Veerkrupa Jewellers Limited is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that include diamond, platinum and other precious and semi-precious stones. Veerkrupa Jewellers Limited has two showrooms located at Naroda and Narol has an average size of 1050 square feet and 13 staff, the majority of them are sales personnel. Veerkrupa Jewellers sell a wide range of jewellery products such as designer, traditional, modern and combined designs of jewellery such as earrings, chains, bracelets, gold/silver bars, Bands, Mandalsutra, Pendant sets and chains, Anklets, Waist Belts, necklaces, Hand tools, pooja items and decorative items in silver. The company sell jewellery products for multiple occasions such as weddings and party-wear, jewellery for personal milestones, festival jewellery, daily-wear jewellery, kid's jewellery and men's jewellery. Competitive Strengths: Use of the established Brand name. Prime Location of the Showroom. Diversified product portfolio across categories and price points. Experienced Promoter and management team with

Contact Details

Veerkrupa Jewellers Ltd. AddressShop No.7, Vrundavan ResidencyNear Satyam SchoolNear Dharmnath Prabhu SocietyAhmedabad, Gujarat, 382330Naroda, Ahmedabad 382330,complianceveerkrupa@gmail.comVisit Website