Veerkrupa Jewellers Limited

Company Profile
Company Name Veerkrupa Jewellers Limited
Open Date 29-06-2022
Close Date 08-07-2022
Exchange BSE SME
Lot Size 4000 Shares
Issue Price ₹ 27 per share
Issue Size 30,00,000 Equity Shares
Application Amount ₹ 1,08,000
Recommendation Avoid
Incorporated in the year 2019, Veerkrupa Jewellers Limited is engaged in the business of Jewellery. It currently has two showrooms, each at Narod and Narol. Company's collection of jewellery in both the showrooms reflects regional customer preferences and designs. Company's jewellery business includes the sale of jewellery made of gold, silver, studded and other jewellery products that include diamond, platinum and other precious and semi-precious stones. Its product profile includes designer, traditional, modern and combined designs of jewellery.
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Summary of Financials (All financials in Lakh)

For the Period Ended Dec-21 Mar-21 Mar-20
Total Assets 1,159.98 1,034.77 520.46
Net Assets 512.20 490.80 489.73
Total Borrowings 42.24 - -
Total Revenue 1,002.64 463.28 1,094.86
Profit After Tax 21.40 1.07 0.71

Tentative Timeline

Opening Date 29-06-2022
Closing Date 08-07-2022
Basis of Allotment 08-07-2022
Initiation of Refunds 11-07-2022
Credit of Shares to Demat 12-07-2022
Listing Date 18-07-2022

Objects of the Issue

To meet the Working Capital requirements
General Corporate Expenses

Contact Information

Registered Office Veerkrupa Jewellers Limited Shop No. 7, Vrundavan Residency, Near Satyam School, Near Dharmnath Prabhu Society Ahmedabad
Phone Naroda, Ahmedabad 382330,

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 1,52,000 (5.07%)
Other Shares Offered 14,24,000 (47.47%)
Retail Shares Offered 14,24,000 (47.47%)
Total Shares Offered 30,00,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 79.94%
Post Issue Share Holding (Promoters) 49.44%

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