Eighty Jewellers IPO subscription is to open on 31 March 2022 and will close on 05 April 2022, Check the Eighty Jewellers Subscription Status & Allotment Status.
Eighty Jewellers IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Eighty Jewellers
- Important Details – Eighty Jewellers
- Objects of the Issue
- Eighty Jewellers Limited Financials:
- Eighty Jewellers IPO Price – Details
- Eighty IPO DRHP & RHP
- Eighty IPO Lot Size
- Eighty IPO Lead Managers
- Eighty Jewellers IPO Registrar
- Eighty IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Promoters
- Eighty Jewellers IPO – FAQS
About Eighty Jewellers
Eighty Jewellers is part of the Anopchand Tilokchand group which is well-known name and established brand in the Jewellery sector since many decades in and around Chhattisgarh. Eighty Jewellers is currently engaged as a master franchisee of Anopchand Tilokchand Jewellers Private Limited (“ATJPL”) and involved in the trading of various jewelleries, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones under the B2B model in the name “Anopchand Tilokchand Jewellers”.
The product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. The products cater to the customers across high-end,
mid-market and value market segments.
Important Details – Eighty Jewellers
| Date | Details |
|---|---|
| September 15, 2010 | The company was incorporated as Eighty Jewellers Private Limited |
| October 12, 2021 | The company was converted from private limited company to public company name and the name of the Company was changed from “Eighty Jewellers Private Limited” to “Eighty Jewellers Limited” |
Objects of the Issue
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Eighty Jewellers Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |||
|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,39 8.90 | 3,19 7.30 | 3,17 4.95 | 2,74 5.60 |
| Total income | 4,436.05 | 7,868.89 | 6,490.63 | 8,192.05 |
| Total Expenses | 4,326.30 | 7,371.46 | 6,280.15 | 8,051.47 |
| Profit After Tax | 83.06 | 376.94 | 155.25 | 100.19 |
Eighty Jewellers IPO Price – Details
| Details | EIGHTY IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 27,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1107 lakhs) |
| Issue Open Date | 31-Mar-22 |
| Issue Close Date | 05-Apr-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 41 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | EIGHTY |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Eighty IPO DRHP & RHP
Eighty IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,23,000 |
| Maximum | 1 | 3000 | ₹ 1,23,000 |
Eighty IPO Lead Managers
- HEM Securities Limited
Eighty Jewellers IPO Registrar
Eighty IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 31-Mar-22 |
| Bid / Offer Closes on | 05-Apr-22 |
| Finalisation of Basis of Allotment | 08-Apr-22 |
| Initiation of refunds | 11-Apr-22 |
| Credit of the Equity Shares | 12-Apr-22 |
| Listing Date | 13-Apr-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (Rs. in crores) |
| Eighty Jewellers Limited | 10 | 5.03 | 78.69 |
| Patdiam Jewellery Ltd | 10 | 6.45 | 67.59 |
| Radhika Jeweltech Ltd | 10 | 10.81 | 144.41 |
| DP Abhushan Ltd | 10 | 12.34 | 1,218.28 |
| PC Jewellers Ltd | 10 | 1.50 | 2,700.01 |
| Kalyan Jewellers India Ltd. | 10 | 1.63 | 7,378.37 |
Company Corporate Office
Anup Plaza Sadar Bazar,Raipur,
Chhattisgarh, 492001 India
Website: www.eightyjewels.in
Company Promoters
- Mr. Tilok Chand Bardia
- Mr. Nikesh Bardia
- Mr. Nitin Kumar Bardia
Eighty Jewellers IPO – FAQS
What is the Eighty IPO Price?
The Eighty IPO price band is 41 per share
When Eighty IPO will open?
The Eighty IPO opens on Mar 31, 2022 and closes on Apr 05, 2022
What is the lot size of Eighty Jewellers IPO?
The Eighty Jewellers IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Eighty Jewellers IPO?
The Registrar for Eighty Jewellers IPO is Bigshare Services Private Limited
How to apply in Eighty Jewellers IPO through UPI?
Check the step by step process here – Click here
How to apply in Eighty Jewellers IPO through Zerodha?
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