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EJEIGHTYListed

Eighty Jewellers Limited

Fixed Price IPO · BSE

Price band
₹41 - ₹41
Lot size
3,000 shares
Issue amount
₹11.07 cr
Total subscription
0×
Current price₹44
Listing price ₹42
Watch live price ↗
Opens
31 Mar 2022
Closes
5 Apr 2022
Allotment
8 Apr 2022
Listing
13 Apr 2022

Offer at a glance

Issue overview

Issue size
27,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,23,000
Fresh issue
₹11.07 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,23,000
Issue type
Fixed Price IPO
Shares before issue
74,99,241
Shares after issue
1,01,99,241

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,23,000
HNI26,000₹2,46,000

Share reservation

Market Maker5.11%
NII (HNI)47.44%
RETAIL47.44%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5115 Dec: ₹0
15 Dec₹015 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,000Mar-19 · Revenue: 8,192.05Mar-19 · Profit after tax: 100.19Mar-19Mar-20 · Revenue: 6,490.63Mar-20 · Profit after tax: 155.25Mar-20Mar-21 · Revenue: 7,868.89Mar-21 · Profit after tax: 376.94Mar-21Sep-21 · Revenue: 4,436.05Sep-21 · Profit after tax: 83.06Sep-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited, trading in jewellery, ornaments, watches, and luxury articles made of gold, silver, diamonds, and platinum under the Anopchand Tilokchand Jewellers brand in Chhattisgarh. The company has the right to open stores under the brand either directly or through sub-franchise arrangements. It follows a B2B business model, supplying products to a sub-franchisee store in Korba operated by M/s Chhattisgarh Sales Corporation and serving as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.

Strengths

  • Well-Known Brand Name: We benefit from the trust and recognition of an already established brand.
  • Strong Customer Relationships: We focus on building and maintaining warm, long-term connections with our customers.
  • Experienced Leadership: Our promoters bring valuable experience and industry knowledge to the business.
  • Creative Designs & Wide Product Range: We offer a variety of stylish and innovative jewellery pieces.
  • Premium Showroom Location: Our showroom is located in a prime area, making it easily accessible and attractive to customers.

Promoters

Mr. Tilok Chand Bardia

Mr. Nikesh Bardia

Mr. Nitin Kumar Bardia

Objects of the issue

0

Registrar & documents

Lead manager

Hem Securities Limited

Registered office

Anup Plaza Sadar Bazar, Raipur, Chhattisgarh, 492001

+91-0771-2234737

[email protected]Company website ↗

Understanding EIGHTY IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.