Kenrik Industries Ltd

Kenrik Industries Ltd IPO

Kenrik Industries Ltd IPO Price Range is ₹25 - 25, with a minimum investment of ₹1,50,000 for 6000 shares.

₹1,50,000

/ 6000 shares

Minimum Investment

View Kenrik Industries Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹25 - 25

Open Date

2025-04-29

Close Date

2025-05-06

IPO Size

₹8.75 Cr

Lot Size

6000 shares

Min Investment

₹1,50,000

Listing Exchange

BSE

Kenrik Industries Ltd IPO Application Timeline

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Open Date29 Apr 2025
passed
Close Date6 May 2025
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Allotment Date7 May 2025
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Listing Date9 May 2025

IPO Subscription Status

IPO subscribed over

🚀 1.945x

This IPO has been subscribed by 3.791x in the retail category and 0x in the QIB category.

Subscription Rate

Total Subscription1.945x
Retail Individual Investors3.791x
Qualified Institutional Buyers0x
Non Institutional Investors0.304x
NameKenrik Industries Ltdx

Strengths and Risks

Strengths

Strengths

  • Established and proven track record.

  • Leveraging the experience of our Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with our customers.

  • Quality Assurance & Control.


Risks

Risks

  • Majorly its business is in Gujarat any adverse development affecting such a region may have an adverse effect on the companys business, prospects, financial condition, and results of operations.

  • Customer complaints, negative publicity, or concerns regarding the purity and quality of its gold/silver jewellery, or any lapses in the company quality control processes could significantly impact its business, brand reputation, and financial performance.

  • High inventory costs may adversely impact its business and financial conditions of the Company.

  • The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition. The non-availability or high cost of quality gold bullion may have an adverse effect on its business, results of operations and financial condition.

  • The company has experienced negative cash flows in prior years.

  • Its may fails to protect the company jewellery designs.

  • Its may be subject to fraud, theft, employee negligence or similar incidents.

  • Its insurance may be insufficient to cover all losses associated with the company business operations.

  • Its registered office and manufacturing facility are located on leased or licensed premises. Any termination or failures by it to renew the leave and license agreements in a favourable and timely manner, or at all, could adversely affect its business and results of operations.

  • The company has availed unsecured loans from Promoters, Promoter Group and other companies that are recallable, at any time.

How to Apply for Kenrik Industries Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Kenrik Industries Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Kenrik Industries Ltd

Our Company was originally incorporated as a private limited company in the name of Kenrik Industries Private Limited on 28th February, 2017 under the Companies Act, 2013 vide certificate of incorporation issued by the Deputy Registrar of Companies for and on behalf of the Jurisdictional Registrar of Companies, Registrar of Companies, Central Registration Centre and since then, commenced its business in manufacturing, wholesaling and supplying of plain and studded gold Jewellery and Ornaments. Our Company is mainly focused on traditional Indian jewellery. Our products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia etc. Our product portfolio includes rings, earrings, armlet, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. Our products cater to the customers across high-end, mid-market and value market segments. The jewelleries are made as per the specific requirements by the customer and the same are manufactured on job work basis at our manufacturing unit situated in Ahmedabad, Gujarat.

Frequently Asked Questions of Kenrik Industries Ltd IPO

What is the size of the Kenrik Industries Ltd IPO?

The size of the Kenrik Industries Ltd IPO is ₹8.75 Cr.

What is the allotment date of the Kenrik Industries Ltd IPO?

Kenrik Industries Ltd IPO allotment date is May 7, 2025 (tentative).

What are the open and close dates of the Kenrik Industries Ltd IPO?

The Kenrik Industries Ltd IPO will open on Apr 29, 2025 and close on May 6, 2025

What is the lot size of Kenrik Industries Ltd IPO?

The lot size for the Kenrik Industries Ltd IPO is 6000.

When will my Kenrik Industries Ltd IPO order be placed?

Your Kenrik Industries Ltd IPO order will be placed on Apr 29, 2025

Can we invest in Kenrik Industries Ltd IPO?

Yes, once Kenrik Industries Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Kenrik Industries Ltd IPO?

The potential listing gains on the Kenrik Industries Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Kenrik Industries Ltd IPO?

'Pre-apply' for Kenrik Industries Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.