Kenrik Industries IPO

Kenrik Industries' IPO offers 34.98L shares worth ₹8.75 Cr to fund working capital needs and general corporate purposes.

Important Details

Open Date : April 29, 2025 Close Date : May 6, 2025 Allotment Date: May 7, 2025 Listing Date: May 9, 2025

Important Details

IPO Price: INR 25 per share Lot Size: 6000 Shares. Total Issue Size: INR 8.75 crores

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Fundamental Analysis

Kenrik Industries IPO shows mixed performance: 1. Revenue, PAT, EPS, and RoNW improved. 2. Liquidity strengthened. 3. Assets declined. 4. Slower inventory turnover, indicating efficiency concerns.

Peer Comparison

Kenrik Industries IPO  Peer Comparison: 1. Kenrik & Veerkrupa Jewellers: Consistent performance. 2. Motisons Jewellers: Strong P/E ratio. 3. Khazanchi Jewellers: Leads in revenue & RoNW.

Objective

Kenrik Industries IPO Objective: 1. Fund working capital. 2. General corporate expenses.

Risks And Challenges

Kenrik Industries IPO Risks: 1. Limited regional presence. 2. Regional risks impacting operations. 3. Purity concerns or negative publicity. 4. Past negative cash flows.