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Veerkrupa 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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Veerkrupa Jewellers Ltd IPO

Registered Office: Shop No 7 Vrundavan Residency,Near Satyam School Nr.D P Soc. , Ahmedabad - 382330 , Gujarat , India.
Phone : 91-79-22981555/9157237631   Fax:
Email :  complianceveerkrupa@gmail.com  
Website :  www.veerkrupajewellers.com
Initial public issue of 30,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Veerkrupa Jewellers Limited ("The Company" or "The Issuer Company") for cash at a price (Rs)27/- per equity share (including a share premium of (Rs)17/- per equity share) ("Issue Price") aggregating to (Rs)8.10 crores ("The Issue"), out of which 1,52,000 equity shares of face value of (Rs)10/- each for a cash price of (Rs)27/- per equity share, aggregating to (Rs)0.41 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 28,48,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)27/- per equity share aggregating to (Rs)7.69 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 38.15 % and 36.22 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10.00 each and the issue price of (Rs)27 is 2.7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Jun-22 08-Jul-22 (Rs)27.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 7.50
First Overseas Capital Ltd
Project Financed through Current Offer 8.10  
Post Issue Equity Share Capital 7.86  
Issue Price (Rs)27.00  
 
Projects
To meet the working capital requirementsGeneral corporate expenses
Promoted By
Chirag Arvind Shah  
Nehaben Chiragbhai Shah  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd