Khazanchi Jewellers Ltd - IPO

Khazanchi Jewellers Ltd IPO Details

Initial public offering of 69,10,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Khazanchi Jewellers Limited (Khazanchi or The Company or The Issuer) for cash at a price of Rs. 140/- per equity share (including a premium of Rs. 130/- per equity share) (Issue Price) aggregating to Rs. 96.74 crores (The Issue) of which 3,46,000 equity shares aggregating upto Rs. 4.84 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 65,64,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 140/- per equity share aggregating to Rs. 91.90 crores (Net Issue). The issue and the net issue will constitute 27.92% and 26.52% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 14 times of the face value.

Objective of issue

To finance the establishment of the new showroom in. Augment the working capital requirements of the existing operations. General corporate purposes.

Khazanchi Jewellers Ltd Contact Details

Khazanchi Jewellers Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@khazanchi.co.in

Website - www.khazanchi.co.in