IPO IPO-Synopsis
Veerkrupa Jewellers Ltd

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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 Rs10/- each ("Equity Shares") of Veerkrupa Jewellers Limited ("The Company" or "The Issuer Company") for cash at a price Rs27/- per equity share (including a share premium of Rs17/- per equity share) ("Issue Price") aggregating to Rs8.10 crores ("The Issue"), out of which 1,52,000 equity shares of face value of Rs10/- each for a cash price of Rs27/- per equity share, aggregating to Rs0.41 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 Rs10/- each at an issue price of Rs27/- per equity share aggregating to Rs7.69 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 Rs10.00 each and the issue price of Rs27 is 2.7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Jun-22 08-Jul-22 Rs27.00-0.00 Rs0.00-0.00
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 Rs27.00  
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