Radhika Jeweltech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,134,400 (47%) | — | ₹2,351 Cr |
| Retail | — | 3,134,400 (47%) | — | ₹2,351 Cr |
| Market Maker | — | 331,200 (5%) | — | ₹25 Cr |
| Σ Total | — | 6,600,000 (100%) | — | ₹49,500 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirement – 39.00
- 2 General Corporate Purpose – 10.00
- 3 Public Issue Expenses – 0.50
Company Overview
Incorporated in 2014, Radhika Jeweltech Ltd is a jewellery retailer engaged in the business of manufacture, resale, export and import of Gold, Silver, precious and semi-precious metal ornaments and studded ornaments. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Based in Rajkot, the company primarily sell gold jewellery and diamond studded Jewellery.
The design and manufacture of their products is done either in house or by third parties on job work basis. Visit chittorgarh.com for more detail. The Company make their product at different price points to cater for all customers across high-end, mid-market and value market segments. Apart from their own Jewellery, they are also dealing in the trading of branded jewellery. The Company deals only in jewellery certified by BIS Hallmark.