Issue Price
₹41
Per Share
GMP
NIL
Grey Market
Est. Listing
₹41
Expected Price
Min. Application
₹246,000
2 lots × 3000 shares
Incorporated in 2010, Eighty Jewellers Limited operates as a master franchisee of Anopchand Tilokchand Jewellers Private Limited. The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers. The company is located in Chhattisgarh. Eighty Jewellers Limited has the right to open stores in the Brand name of Anopchand Tilokchand Jewellers either directly opening a showroom or through sub-franchise arrangements.The company operates on a B2B business model, selling jewellery products to a sub-franchisee store at Korba operated by M/S Chhattisgarh Sales Corporation and also serves as a wholesaler to M/s Grand Bhagwati Store in Bilaspur.Competitive Strengths:Use of the established Brand name.Cordial relationship with our customers.Experience of our Promoters.Design, Innovation and Product range.Prime Location of the Showroom.
Eighty Jewellers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 138,000 | — | ₹0.57 Cr | — |
| TOTAL | 2,700,000 | 100.00% | ₹11.07 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹123,000 |
| Retail (Max) | 13 | 39,000 | ₹1,599,000 |
| sNII (Min) | 14 | 42,000 | ₹1,722,000 |
| bNII (Min) | 68 | 204,000 | ₹8,364,000 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 4436.05 | 7868.89 | 6490.63 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 83.06 | 376.94 | 155.25 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3398.90 | 3398.90 | 3174.94 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |