Veerkrupa Jewellers Limited
IPO Details
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Having completed its public offering, Veerkrupa Jewellers Limited's is now listed and trading on the BSE exchange as of Jul 18, 2022. The IPO raised cumulative capital of 30,00,000 Shares, including 30,00,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹27 to ₹27 and minimum investment requirement of 4000 shares. subscription activity between Jun 29, 2022 and Jul 08, 2022 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Jul 14, 2022 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
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.
Veerkrupa Jewellers Limited is engaged in the jewellery business, offering a wide range of gold, silver, diamond, platinum, and other precious and semi-precious stone jewellery. The company operates two showrooms in Naroda and Narol, each about 1,050 square feet, with a team of 13 staff members mainly focused on sales. Its collection includes designer, traditional, and modern jewellery such as earrings, chains, bracelets, mangalsutras, pendant sets, anklets, waist belts, necklaces, and pooja items, catering to weddings, festivals, special occasions, daily wear, kids, and men’s jewellery needs.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strategic Manufacturing Locations : Plant locations provide strong logistical advantages and better market accessibility for efficient distribution.
- Easily Scalable Business Model : Operations are built to expand production capacity smoothly without major structural changes or delays.
- Long-Term Customer Partnerships : Strong, ongoing relations with customers support consistent demand and repeat business over the years.
- Cost-Efficient Production & On-Time Delivery : Optimized manufacturing and supply processes help control costs while ensuring timely order fulfillment.
- Captive Consumption Advantage : In-house utilization of produced materials reduces dependency on external sourcing and supports stable production flow.
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- Mr. Chirag Arvind Shah
- Mrs Nehaben Chiragbhai Shah
Veerkrupa Jewellers Limited
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