KENRIK INDUSTRIES LIMITED

29 Apr 2025 - 06 May 2025 Individual Category SME BSE

Min Investment

₹150000

Price Band

₹25

Issue Size

34.98 lakhs
Equity Shares

Lot Size

6000

IPO Dates
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29 Apr 2025

Open Date

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06 May 2025

Close Date

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07 May 2025

Allotment Date

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09 May 2025

Listing Date

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 of 34.98 lakhsEquity Shares. This upcoming IPO is offering entirely fresh issues. 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.

Know Before Investing

Strengths icon

  • Broad product portfolio that appeals to varied customer preferences and price points
  • Rigorous quality assurance backed by BIS certification and state-of-the-art testing technology
  • Secure inventory management with 24/7 CCTV monitoring and dedicated security personnel
  • Commitment to sustainability through responsible sourcing and ethical labor practices.

Weaknesses icon

  • Ongoing legal matters may pose potential risks to future operations
  • Historical negative cash flows could affect financial stability
  • Lack of design protection exposes jewellery to imitation risks
  • Dependence on third-party job workers for manufacturing may heighten competitive threats

About Kenrik Industries Limited

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.

Founded

2017

Managing Director

Nitinkumar Dalpatbhai Shah

Parent Organization

IPO Objectives

Kenrik Industries' IPO objectives include utilising the funding received from the fresh issue to meet working capital requirements and general corporate expenses.

Company Promoters

Nitinkumar Dalpatbhai Shah

Nihar Nitinbhai Shah

Manisha Nitinkumar Shah

Shah Nitin Dalpatlal

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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