243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Kenrik Industries Limited

Ahmedabad

Date of DRHP : 12 Jun 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Kenrik Industries Basic Details

   Jewellery

Sub Sector: Manufactures handmade gold jewellery studded with precious and semi-precious stones.

Exchange:
BSE Emerge

About the Company

Kenrik Industries is mainly focused on traditional Indian jewellery. their  products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia etc. their  product portfolio includes rings, earrings, armlet, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. their  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 their  manufacturing unit situated in Ahmedabad, Gujarat. Kenrik Industries is  currently operating on a primarily on a B2B business Model and offer their  customers a broad variety of jewelleries and ornaments. As Kenrik Industries is  currently operating under a B2B business Model, They focus on operations relating to quality control, inventory management and business development. The Company deals only in jewellery certified by BIS Hallmark. The BIS hallmark is a mark of conformity widely accepted by the consumer bestow the additional confidence to the consumer on the purity of their  gold jewellery. To reach up to the utmost customer satisfaction level, They focus on jewelleries based on the customer preference(s).Kenrik Industries has website as well as mobile application which facilitates in expansion of their  business. Kenrik Industries is  a customer-centric Company, their  prime focus is to attain the utmost client satisfaction by offering them quality assured products. They also deliver their  products in a quality packaging material to ensure safe transport. Moreover, their  ethical trade practices, transparent business dealings and timely delivery of products help us in maintaining cordial relations with their  customers. Kenrik Industries strives at all times to provide products that offer their  customers the designs with superior finish and quality. their  Promoters Nitinkumar Dalpatbhai Shah and Nihar Nitinbhai Shah have around 25 years of experience and nearly half decade respectively in gems and jewellery industry and with their innovative business ideas, in-depth knowledge and excellent management skills, They have served their  customers proficiently.

Financial Summary (Annualised Basis)

Revenue :
70.77 Cr.

PAT :
1.06 Cr.

Kenrik Industries IPO Lead Manager(s)

Turnaround Corporate Advisors Private Limited

Kenrik Industries IPO Registrar

Skyline Financial Services Private Limited

Kenrik Industries DRHP Details

Objects of issue

  • To meet Working Capital Requirements
  • General Corporate Purposes

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FAQs

Kenrik Industries operates in Jewellery and Manufactures handmade gold jewellery studded with precious and semi-precious stones.. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of Kenrik Industries is Fixed Price Issue and Object of issue is

  • To meet Working Capital Requirements
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Kenrik Industries IPO was filed on 12 Jun 2024.

No, Kenrik Industries IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Kenrik Industries are not available now. You can apply in Kenrik Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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