Eighty Jewellers IPO Details

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

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

DetailsEIGHTY IPO Details
Public IssueInitial Public Issue of upto 27,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1107 lakhs)
Issue Open  Date31-Mar-22
Issue Close Date05-Apr-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Eighty IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,23,000
Maximum13000₹ 1,23,000

Eighty IPO Lead Managers

  • HEM Securities Limited

Eighty Jewellers IPO Registrar

Eighty IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on31-Mar-22
Bid / Offer Closes on05-Apr-22
Finalisation of Basis of Allotment08-Apr-22
Initiation of refunds 11-Apr-22
Credit of the Equity Shares12-Apr-22
Listing Date13-Apr-22

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
Total Income
(Rs. in
Eighty Jewellers Limited105.0378.69
Patdiam Jewellery Ltd106.4567.59
Radhika Jeweltech Ltd1010.81144.41
DP Abhushan Ltd1012.341,218.28
PC Jewellers Ltd101.502,700.01
Kalyan Jewellers India Ltd.101.637,378.37

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?

Check the step by step process here – Click here

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