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Kenrik Industries IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Jewellery sector. Turnaround Corporate Advisors is the merchant banker of Kenrik Industries IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th June 2024.
Kenrik Industries IPO open date is 29th April 2025 and close date is 6th May 2025. IPO Allotment Date is 7th May 2025 and Listing date is 9th May 2025.
IPO
Size:
₹ 8.75 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME IPO so far:
41
Merchant Banker:
Turnaround Corporate
SME IPO by BRLM so far:
4
City:
Ahmedabad
SME IPO so far:
30
Revenue (annualised):
₹
72.31
cr. 
PE
Ratio:
23.31x
Average Sector PE Ratio: 25.29x
Kenrik Industries IPO size is ₹ 8.75 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Turnaround Corporate Advisors Private Limited is the book-running lead manager of the Kenrik Industries IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Mnm Stock Broking Private Limited for Kenrik Industries IPO.
Kenrik Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kenrik Industries IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on Engaged in the design and distribution of traditional Indian jewellery. The company is launching its SME Upcoming IPO on the BSE SME exchange, using the Fixed Price Issue method. Kenrik Industries IPO size is ₹ 8.75 Cr. with fresh issue size of ₹ 8.75 Cr. and Offer for sale being Nil
The IPO allotment date for Kenrik Industries IPO is expected to be 7th May 2025, after the finalization of basis of allotment. Investors can check Kenrik Industries IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Kenrik Industries IPO refund dates are 8th May 2025.
Kenrik Industries IPO is expected to be listed on 9th May 2025.
The upper price band for the Kenrik Industries IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kenrik Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kenrik Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th May 2025. After submission, funds are blocked until the basis of allotment of Kenrik Industries IPO is finalised.
The merchant banker for Kenrik Industries IPO is Turnaround Corporate Advisors Private Limited . Turnaround Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kenrik Industries IPO RHP for further details.
The registrar for Kenrik Industries IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kenrik Industries IPO through their official website or helpline.
Kenrik Industries IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 8.75 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME IPO so far:
41
Merchant Banker:
Turnaround Corporate
SME IPO by BRLM so far:
4
City:
Ahmedabad
SME IPO so far:
30
Revenue (annualised):
₹ 72.31 cr.
PE
Ratio:
23.31x
Average Sector PE Ratio: 25.29x
Kenrik Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kenrik Industries Financial Review Page
Merchant Banker(s) of Kenrik Industries IPO: Turnaround Corporate Advisors Private Limited
Kenrik Industries IPO subscription was 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.
Kenrik Industries IPO listed at a listing price of against the offer price of 25.00.
The current market price of Kenrik Industries is .
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