Kenrik Industries Limited

Company Profile
Company Name Kenrik Industries Limited
Open Date 29-04-2025
Close Date 06-05-2025
Exchange BSE SME
Lot Size 6,000 Shares
Issue Price ₹25 per share
Issue Size 34,98,000 shares
Application Amount ₹1,50,000
Recommendation Avoid
Kenrik Industries Limited was originally incorporated on Feb 28, 2017. The registered office is located at Ahmedabad, Gujarat. The company is engaged in the business in manufacturing, wholesaling and supplying of plain and studded gold Jewellery and Ornaments. The company generates majority of the revenue from the sale of gold jewellery. The company has 9 permanent employees as on Apr 23, 2025.
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Summary of Financials (All financials in Lakh)

KPIs Mar-22 Mar-23 Mar-24 Oct-24
Revenue 3,258.71 5,188.42 7,077.05 4,218.40
EBITDA 44.17 51.19 126.02 105.28
Net Profit 38.12 47.43 108.47 78.17
RoCE 3.81% 4.29% 9.90% 7.89%*
ROE 3.46% 4.12% 8.62% 5.90%*
P/E 49.02 47.17 20.66 23.37*

Tentative Timeline

Opening Date 29-04-2025
Closing Date 06-05-2025
Basis of Allotment 07-05-2025
Initiation of Refunds 08-05-2025
Credit of Shares to Demat 08-05-2025
Listing Date 09-05-2025

Objects of the Issue

To meet working capital requirements
General Corporate Purposes

Contact Information

Registered Office Kenrik Industries Limited B-306, East Face, Behind Maruti Suzuki Showroom, Nr. S P Ring Road, Ambli Road, Ambli, Daskroi
Phone +91-9687141430
Email cs@kenrikindustries.net
Website http://www.kenrikindustries.net/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

Market Maker Shares Offered 1,80,000 (5.15%)
Other Shares Offered 16,56,000 (47.34%)
Retail Shares Offered 16,62,000 (47.51%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.99%
Share Holding Post Issue (Promoters) 72.01%

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