Kenrik Industries IPO open date is April 29, 2025, and the closing date is May 6, 2025. This new IPO is a fixed price issue worth up to Rs 8.75 crores. This upcoming IPO is offering entirely fresh issues of up to 34,98,000 equity shares worth up to Rs 8.75 crore.
Kenrik Industries IPO issue price is Rs 25 per share. As of now, the live GMP of the Kenrik Industries IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO.
Kenrik Industries IPO lot size is 6000 shares, and the allotment status will be finalised on Wednesday, May 7, 2025. The minimum investment for retail investors is Rs 1,50,000. The registrar for the Kenrik Industries IPO is Skyline Financial Services Private Ltd. The listing date is Friday, May 9, 2025.
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Kenrik Industries IPO GMP Live
Kenrik Industries IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 25 per share. You can check the latest IPO Grey Market Premium today online.
Kenrik Industries IPO Price Band
Kenrik Industries IPO price band is Rs 25 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,50,000 (25 x 6000 shares). However, for the HNI category, the minimum investment amount required is Rs 3,00,000 (25 x 12000 shares).
Kenrik Industries Allotment Status
Kenrik Industries IPO Allotment status is available on its registrar Skyline Financial Services Private Ltd website on Wednesday, May 7, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
Kenrik Industries Listing Date
Kenrik Industries IPO listing date is Friday, May 9, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.
Kenrik Industries IPO: Listing Date, Lot Size, Issue Size, Price Band
IPO Date |
April 29, 2025 to May 6, 2025 |
Listing Date |
Fri, May 9, 2025 |
Face Value |
Rs 10 per share |
Issue Price |
Rs 25 per share |
Lot Size |
6,000 Shares |
Total Issue Size |
34,98,000 shares |
Fresh Issue |
34,98,000 shares |
Issue Type |
Fixed Price IPO |
Listing At |
BSE SME |
Share Holding Pre-Issue |
89,99,900 shares |
Share Holding Post Issue |
1,24,97,900 shares |
Kenrik Industries Limited: About the Company
Kenrik Industries Limited, established in 2017, is a gold jewellery manufacturer and trader based in Ahmedabad, Gujarat. The company specialises in crafting and supplying both plain and studded gold jewellery, focusing on traditional Indian designs that cater to a wide spectrum of customers, from high-end to value market segments. Their product range includes rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, and luxury wedding jewellery.
Kenrik Industries sources raw gold from local bullion markets and employs skilled job workers to bring their unique designs to life, ensuring quality-certified jewellery for their clients. The company is led by Shri Nitin Dalpat Lal Shah, who brings over 25 years of experience in finance and jewellery. With a vision for expansion, Kenrik Industries is committed to extending its footprint across India and exploring overseas markets, serving customers with dedication and modern order booking technology.
Kenrik Industries IPO Objectives
Kenrik Industries' IPO objectives include utilising the funding received from the fresh issue to meet working capital requirements and general corporate expenses.
Kenrik Industries IPO: Key Dates, Allotment, Listing Date
IPO Open Date |
Tue, Apr 29, 2025 |
IPO Close Date |
Tue, May 6, 2025 |
Allotment Status |
Wed, May 7, 2025 |
Initiation of Refunds |
Thu, May 8, 2025 |
Credit of Shares to Demat |
Thu, May 8, 2025 |
Listing Date |
Fri, May 9, 2025 |
Cut-off time for UPI mandate confirmation |
5 PM on May 6, 2025 |
Kenrik Industries IPO Promoter Holdings
Kenrik Industries IPO promoters are Nitinkumar Dalpatbhai Shah, Nihar Nitinbhai Shah, Manisha Nitinkumar Shah, Shah Nitin Dalpatlal (HUF). Their combined shareholding before the IPO was 99.996%; post-IPO, their shareholdings will be going to decline to 72.01%.
Kenrik Industries Limited Financials (Amt in Rs Cr)
Period Ended |
31 Oct 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
15.98 |
15.8 |
15.59 |
12.47 |
Revenue |
42.19 |
70.97 |
52.04 |
32.69 |
Profit After Tax |
0.78 |
1.08 |
0.47 |
0.39 |
Net Worth |
13.37 |
12.59 |
11.5 |
11.03 |
Total Borrowing |
0.99 |
0.78 |
0.57 |
0.35 |
Period Ended |
31 Oct 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Lead Manager and Registrar of Kenrik Industries IPO
Kenrik Industries lead manager is Turnaround Corporate Advisors Private Limited. The company has appointed Skyline Financial Services Private Ltd as the registrar for this public issue.
How to apply for the Kenrik Industries IPO
Interested investors who want to apply for the Kenrik Industries IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of the upcoming IPO on the Bigul platform.
Kenrik Industries IPO FAQs
1. What are the core details available of the Kenrik Industries IPO?
Kenrik Industries IPO is a fixed price issue worth up to Rs 8.75 crores. The price band for this IPO is Rs 25 per share. This upcoming IPO is offering entirely a fresh issue of 34,98,000 equity shares worth up to Rs 8.75 crore.
2. What is the Kenrik Industries IPO open date and close date?
Kenrik Industries IPO subscription opens on April 29, 2025, and closes on May 6, 2025.
3. What is Kenrik Industries IPO GMP Live?
Kenrik Industries IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same or near the allotment price, which is Rs 25 per share. You can check the latest IPO Grey Market Premium today online.
4. How do you check the IPO Allotment status?
Kenrik Industries IPO Allotment status is available on its registrar, Skyline Financial Services Private Ltd website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
5. Who are the registrar and lead managers of Kenrik Industries IPO?
Kenrik Industries IPO lead manager is Turnaround Corporate Advisors Private Limited. The company has appointed Skyline Financial Services Private Ltd as the registrar for this public issue.
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