ListedSMEDiamond & JewelleryKENRIK

Kenrik Industries IPO

Kenrik Industries IPO is an SME IPO raising ₹8 Cr at a fixed price of ₹25 a share. It listed on 9 May 2025 at ₹25, +0.0% against its issue price of ₹25, and trades at ₹14 today (−45.1% since issue). It was subscribed 1.97× in total.

25
Issue price
14
Price now
−45.1%
Since issue price
9 May 2025
Listed on
1.97×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹25
Cut-off price₹25
Issue size₹8 Cr
Shares per lot6000
Minimum application₹1,50,000
Minimum quantity6000
Face value₹10
Listing exchangesBSE
ISININE0AOG01018
Bidding hours10:00 – 17:00 IST
Bidding window29 Apr 2025 – 6 May 2025
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.