58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Khazanchi Jewellers Limited IPO Analysis

Khazanchi Jewellers IPO is a book build IPO listing on BSE SME exchange. The company is based in Chennai and caters to Jewellery sector. Mark Corporate Advisors Private is the merchant banker of Khazanchi Jewellers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th June 2023.

Khazanchi Jewellers IPO posted revenues of Rs 481.82 crores and PAT of Rs 7.57 crores in FY23 on annualised basis.

Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

Khazanchi Jewellers IPO Financial Performance (Restated)

Financial results of Khazanchi Jewellers IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
31-Mar-23
FY22
FY21
FY20
Balance Sheet
Assets
145.06
124.36
113.19
103.79

Net Worth
36.04
28.71
25.44
22.69

Total Debt
84.62
84.12
74.80
77.86

Profit & Loss
Revenue
Revenue on annualised basis
480.65
480.65
256.94
381.81
361.08

EBITDA
EBITDA on annualised basis
15.62
15.62
8.53
8.21
8.59

PAT
PAT on annualised basis
7.56
7.56
3.26
2.75
2.30

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Khazanchi Jewellers IPO Key performance Indicators (KPI)

Khazanchi Jewellers IPO PAT Margin is 1.57%, ROCE (Return on Capital Employed) is 18.91% as per latest financial. The below table shows Khazanchi Jewellers IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
31-Mar-23
FY22
FY21
FY20

EBITDA Margin (%)
3.25
3.32
2.15
2.38

PAT Margin (%)
1.57
1.27
0.72
0.64

EPS (Rs.)
7.62
3.29
2.77
2.32

ROE (%)
20.98
11.35
10.81
10.14

ROCE (%)
18.91
10.27
11.45
7.30

ROA (%)
5.21
2.62
2.43
2.22

Debt to Equity (x)  
2.35
2.93
2.94
3.43

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Khazanchi Jewellers IPO Valuation Metrics

The market Capitalisation of Khazanchi Jewellers IPO is Rs 346.46 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
346.46

Enterprice Value (EV) (Rs. Cr.):
430.81

EV/EBITDA (times) :
27.58

PE Multiple (times) :
45.75

P/B (times) :
2.60

NAV (Rs.) :
36.30

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Khazanchi Jewellers prospectus?

The Khazanchi Jewellers IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of Khazanchi Jewellers IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Khazanchi Jewellers IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Khazanchi Jewellers IPO ?

The post-IPO market capitalisation of Khazanchi Jewellers IPO is ₹346.46 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Khazanchi Jewellers IPO?

The Khazanchi Jewellers IPO has a Price-to-Earnings (PE) ratio of 45.75 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Khazanchi Jewellers IPO?

Khazanchi Jewellers IPO reported revenue of ₹481.82 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Khazanchi Jewellers IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Khazanchi Jewellers IPO?

Khazanchi Jewellers recorded an EBITDA of ₹ 15.62 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Khazanchi Jewellers IPO?

Khazanchi Jewellers Profit After Tax (PAT) is ₹7.56 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 480.65 Cr.
            EBITDA: ₹ 15.62 Cr.
            PAT: ₹ 7.56 Cr.
  • EBITDA Margin: 3.25 %
            Pat Margin: 1.57%
  • Net Worth: ₹ 36.04 Cr.
  • Market Capitalisation: ₹ 346.46 Cr.
  • P/E: 45.75 times
  • P/BV: 2.60 times
  • EV/EBITDA: 27.58 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Khazanchi Jewellers operates in Jewellery and Production And Sale Of A Wide Range Of Jewellery Products. The Issue is listed on BSE SME in Aug, 2023. Khazanchi Jewellers IPO size was 97.00 with Issue price of 140.00 .

Khazanchi Jewellers IPO subscription was 1.26 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Khazanchi Jewellers IPO listed at a listing price of 149.40 against the offer price of 140.00.

The current market price of Khazanchi Jewellers is 543.50.

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