Khazanchi Jewellers IPO Allotment Status:- Khazanchi Goldsmiths is a major name in the Indian gems space. The organization has been encountering positive monetary reports from 2020 ahead, with INR 3.27 crore being its PAT for 2022. It plans to set up additional display areas in Chennai city through reserves that it gets by the mode of Initial public offering. The initial date of this Initial public offering is July 24, 2023, while the end date is July 28. Therefore, the status of Khazanchi Jewellers’ IPO allotment is currently unavailable.
The designation date is supposed to be August 2, 2023, with the commencement of discounts occurring on August 3 this year. Khazanchi Jewellers’ share price is INR 140 per share. You can check the Initial public offering assignment status of the organization by visiting the authority Initial public offering distribution status page. Continue to peruse to get familiar with the organization’s Initial public offering assignment here.
Khazanchi Jewellers IPO Allotment Status
Khazanchi Diamond setters Initial public offering Distribution Status: The Initial public offering of Khazanchi Gem dealers is 6,910, 000 value shares. The face value of these is Rs. 10. The significant advertisers of the organization’s Initial public offering are Mr Goutham and Mr Tarachand Mehta. You will find its assumed worth Rs. 10, which totals up to Rs. 97 billion The Initial public offering date will be July 24, while the conditional date of the premise of distribution is August 2, a Wednesday.
This organization means to utilize the net returns from the issue to fund capital consumptions for new display areas and its stock expense. It likewise means to utilize the sum to improve the functioning capital necessities of current tasks and for general corporate purposes. “Khazanchi Gem specialists Initial public offering Allocation Status” The organization spends significant time in the creation and offer of a bunch of gold and precious stone gems items. Its IPO promoters have been in the business for close to 25 years. They are steadily serving Indian clients with excellent gems.
Khazanchi Jewellers IPO Allotment Status Details
| Name of the company | Khazanchi Jewellers |
| Opening date of IPO | July 24 |
| Closing date of the IPO | July 28 |
| Date of the basis of allotment | August 2 |
| Date for initiation of refunds | August 3 |
| Date for credit of shares to the DMAT account | August 4 |
| Listing date | August 7 |
| The total size of the IPO | 69,10,000 shares (Rs. 97.0 crore) |
| Minimum lot size | 1000 shares or IMR 140,000 |
| Face value of the share | INR 10 for every share |
| Retail allocation | 50% |
| Official Website | Click Here |
| Category | Trending |
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Khazanchi Jewellers IPO GMP today
Khazanchi Diamond setters Initial public offering shares are exchanging at their issue cost with no premium or markdown in the dark market today, as per topsharebrokers.com. Khazanchi Jewellers’ IPO GMP, or grey market premium, was +2 during nine trading sessions. This demonstrated that Khazanchi Gem specialists Initial public offering share cost were exchanging along with some built-in costs of ₹2 in the dark market, as per topsharebrokers.com.
Taking into account the upper finish of the Initial public offering cost band and the ongoing premium in the dim market, the assessed posting cost of Khazanchi Gem dealers Initial public offering share cost was ₹142 each, which is 1.43% higher than the Initial public offering cost.
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Khazanchi Jewellers IPO Timetable
Khazanchi Jewellers IPO opens on Jul 24, 2023, and closes on Jul 28, 2023.
| IPO Open Date | Monday, 24 July 2023 |
| IPO Close Date | Friday, 28 July 2023 |
| Basis of Allotment | Wednesday, 2 August 2023 |
| Initiation of Refunds | Thursday, 3 August 2023 |
| Credit of Shares to Demat | Friday, 4 August 2023 |
| Listing Date | Monday, 7 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 28, 2023 |
Khazanchi Jewellers IPO Lot Size
The minimum lot size of this Khazanchi Jewellers IPO is 1000 shares need is ₹140,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| HNI (Min) | 2 | 2,000 | ₹280,000 |
| Lot Size Calculator | |||
Khazanchi Jewellers IPO Promoter Holding
Mr Tarachand Mehta and Mr. Goutham are the advocate of the Company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
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How to Check Khazanchi Jewellers IPO Allotment Status Online?
At the point when the Initial public offering status of the organization is out, you can follow a bunch of basic moves toward check it on the web. The main steps to take are listed below.
- Visit the IPO allotment status page of the company on your gateway.
- The company’s IPO allotment status will be in greenish. Click on it.
- Your DMAT account’s PAN number or DP client ID must be entered next. This will allow you to analyze the Initial public offering designation status.
- After that, hit the ‘Search’ button.
What Can Cause You Not To Get An Allotment In Khazanchi Jewellers IPO?
It very well may be conceivable that you don’t get an allocation in that frame of mind of this organization. A few plausible reasons are as per the following:
- The IPO becomes over-pay a subscription. In this case, the allotment process will complete through a lottery.
- You gave incomplete notification, so your IPO application was not think about.
- The issue price is considerable than the bid price.
Conclusion
The assumed worth of these is Rs. 10. The huge sponsors of the association’s First sale of stock are Mr Goutham and Mr Tarachand Mehta. You will track down its expected worth Rs. 10, which totals up to Rs. 97 billion The First sale of stock date will be July 24, while the restrictive date of the reason of conveyance is August 2, a Wednesday.
This association means to use the net gets back from the issue to finance capital utilizations for new presentation regions and its stock cost. It moreover means to use the aggregate to work on the working capital necessities of current assignments and for general corporate purposes. ” Khazanchi Diamond experts First sale of stock Distribution Status” The association invests huge energy in the creation and deal of a lot of gold and valuable stone pearls things. Its Initial public offering advertisers have been in the business for near 25 years. They are consistently serving Indian clients with amazing jewels.
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