Veerkrupa Jewellers Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹27 - ₹27
- Lot size
- 4,000 shares
- Issue amount
- ₹8.1 cr
- Total subscription
- 1.85×
- Opens
- 29 Jun 2022
- Closes
- 8 Jul 2022
- Allotment
- 14 Jul 2022
- Listing
- 18 Jul 2022
Offer at a glance
Issue overview
- Issue size
- 30,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹8.1 cr
- Offer for sale
- ₹0 cr
- Registrar
- KFin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,08,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 48,63,152
- Shares after issue
- 78,63,152
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4,000 | ₹1,08,000 |
| HNI | 2 | 8,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 3.84 | 10.27 |
| NIB | 3.84 | 3.99 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Veerkrupa Jewellers Limited is engaged in the jewellery business, offering a wide range of gold, silver, diamond, platinum, and other precious and semi-precious stone jewellery. The company operates two showrooms in Naroda and Narol, each about 1,050 square feet, with a team of 13 staff members mainly focused on sales. Its collection includes designer, traditional, and modern jewellery such as earrings, chains, bracelets, mangalsutras, pendant sets, anklets, waist belts, necklaces, and pooja items, catering to weddings, festivals, special occasions, daily wear, kids, and men’s jewellery needs.
Strengths
- Strategic Manufacturing Locations: Plant locations provide strong logistical advantages and better market accessibility for efficient distribution.
- Easily Scalable Business Model: Operations are built to expand production capacity smoothly without major structural changes or delays.
- Long-Term Customer Partnerships: Strong, ongoing relations with customers support consistent demand and repeat business over the years.
- Cost-Efficient Production & On-Time Delivery: Optimized manufacturing and supply processes help control costs while ensuring timely order fulfillment.
- Captive Consumption Advantage: In-house utilization of produced materials reduces dependency on external sourcing and supports stable production flow.
Promoters
Mr. Chirag Arvind Shah
Mrs Nehaben Chiragbhai Shah
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
KFin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Shop No. 7, Vrundavan Residency, Near Satyam School, Near Dharmnath Prabhu Society Ahmedabad
+079 - 22981555
[email protected]Company website ↗Understanding VEERKRUPA 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.