Eighty Jewellers Limited
IPO Details
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Lot Distribution
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Company Fin.
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Following its successful public offering, Eighty Jewellers Limited's made its market debut on Apr 13, 2022 and is now actively traded on the BSEplatform. The IPO mobilized 27,00,000 Shares in total capital, including 27,00,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹41 to ₹41 and minimum investment lots of 3000 shares. Investor participation during the subscription window from Mar 31, 2022 to Apr 05, 2022 demonstrated market confidence in the company's prospects.
The allotment process concluded on Apr 08, 2022, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited, trading in jewellery, ornaments, watches, and luxury articles made of gold, silver, diamonds, and platinum under the Anopchand Tilokchand Jewellers brand in Chhattisgarh. The company has the right to open stores under the brand either directly or through sub-franchise arrangements. It follows a B2B business model, supplying products to a sub-franchisee store in Korba operated by M/s Chhattisgarh Sales Corporation and serving as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Well-Known Brand Name: We benefit from the trust and recognition of an already established brand.
- Strong Customer Relationships: We focus on building and maintaining warm, long-term connections with our customers.
- Experienced Leadership: Our promoters bring valuable experience and industry knowledge to the business.
- Creative Designs & Wide Product Range: We offer a variety of stylish and innovative jewellery pieces.
- Premium Showroom Location: Our showroom is located in a prime area, making it easily accessible and attractive to customers.
NA
- Mr. Tilok Chand Bardia
- Mr. Nikesh Bardia
- Mr. Nitin Kumar Bardia
Eighty Jewellers Limited
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