IPO IPO-Synopsis
Eighty Jewellers Ltd

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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 Rs10 each (the "Equity Shares") of Eighty Jewellers Limited("The Company" or "EJL" or "The Issuer") at an issue price of Rs41 per equity share for cash, aggregating up to Rs11.07 crores("Public Issue") out of which 1,38,000 equity shares of face value of Rs10 each, at an issue price of Rs41 per equity share for cash, aggregating Rs0.57 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 Rs10 each, at an issue price of Rs41 per equity share for cash, aggregating to Rs10.50 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 Rs10 each, the offer price is Rs41 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 Rs41.00-0.00 Rs0.00-0.00
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 Rs41.00  
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