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Eighty Jewellers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Eighty Jewellers Ltd IPO

Registered Office: Anup Plaza Sadar Bazar, , Raipur - 492001 , Chattisgarh , India.
Phone : 91-0771-2234737   Fax:
Email :  info@eightyjewels.in  
Website :  www.eightyjewels.in
Initial public offer of 27,00,000 equity shares of face value of (Rs)10 each (the "Equity Shares") of Eighty Jewellers Limited("The Company" or "EJL" or "The Issuer") at an issue price of (Rs)41 per equity share for cash, aggregating up to (Rs)11.07 crores("Public Issue") out of which 1,38,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)41 per equity share for cash, aggregating (Rs)0.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 25,62,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)41 per equity share for cash, aggregating to (Rs)10.50 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.12% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10 each, the offer price is (Rs)41 and the offer price is 4.1 times the face value of the equity shares. Bid can be made for minimum of 3000 equity shares and in multiples of 3000 quity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-22 05-Apr-22 (Rs)41.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 9.85
Hem Securities Ltd
Project Financed through Current Offer 11.07  
Post Issue Equity Share Capital 10.20  
Issue Price (Rs)41.00  
 
Projects
To meet Working Capital RequirementsTo meet Working Capital Requirements
General Corporate PurposesGeneral Corporate Purposes
Promoted By
Tilok Chand Bardia  
Nikesh Bardia  
Nitin Kumar Bardia  
Tilok Chand Bardia  
Nikesh Bardia  
Nitin Kumar Bardia  
Listing At
BSE - SME 
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
Bigshare Services Pvt Ltd