Kenrik Industries Limited IPO GMP

Kenrik Industries is engaged in manufacturing, wholesaling and supplying of plain and studded gold Jewellery and Ornaments. The Company is mainly focused on traditional Indian jewellery. Their products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia etc. Their product portfolio includes rings, earrings, armlet, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery.

Kenrik Industries, an Fixed Price Issue amounting to ₹ 8.74 Crores, consisting entirely an Fresh Issue of 34.98 Lakh Shares. The subscription period for the Kenrik Industries IPO opens on April 29, 2025, and closes on May 06, 2025. The allotment is expected to be finalized on or about Wednesday, May 07, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Friday, May 09, 2025.

The Share Price of Kenrik Industries IPO is set at ₹ 25 per equity share. The Market Capitalisation of the Kenrik Industries Limited at IPO price of ₹ 25 per equity share will be ₹ 31.24 Crores. The lot size of the IPO is 6,000 shares. Retail investors are required to invest a minimum of ₹ 1,50,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (12,000 shares), amounting to ₹ 3,00,000.

TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED is the book running lead manager of the Kenrik Industries IPO, while SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the issue. MNM Stock Broking Private Limited is the Market Maker for Kenrik Industries.

Kenrik Industries Limited IPO GMP Today
The Grey Market Premium of Kenrik Industries Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Kenrik Industries Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 06 May, 2025, the Kenrik Industries Limited IPO live subscription status shows that the IPO subscribed 1.95 times on its Last day of subscription period. Check the Kenrik Industries IPO Live Subscription Status Today at BSE.

Kenrik Industries Limited Day Wise IPO GMP Trend

Kenrik Industries Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Kenrik Industries IPO allotment date is 07 May, 2025, Wednesday. Kenrik Industries IPO Allotment will be out on 7th May, 2025 and will be live on Registrar Website from the allotment date. Check Kenrik Industries IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Kenrik Industries Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Kenrik Industries Limited IPO
Kenrik Industries proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 656.25 Lakh is required to meet Working Capital Requirements
2. ₹ 180.00 Lakh is required for General Corporate Purposes

Refer to Kenrik Industries Limited RHP for more details about the Company.