Kenrik Industries Limited
- Minimum Investment₹1,50,000
- Price Range₹25 - ₹25
- Issue Size₹8.75 Cr
- Lot Size6000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
To meet working capital requirements
General corporate purposes
Strengths & Weaknesses of Kenrik Industries Limited
Wide range of products
The company offers a wide range of products, including traditional and contemporary jewellery designs, precious and semi-precious stones, and customised pieces, catering to a diverse customer base
Strong quality controls
The company maintains strict quality control protocols across all stages of production—from raw material selection to final inspection. It uses advanced testing equipment to ensure metal purity, gemstone authenticity, and product durability. Backed by quality certifications for its gold and silver products, this approach reinforces customer trust and helps deliver consistently high-quality jewellery
Strong distribution network
The company has built a reliable distribution network that supports timely delivery across India and select global markets. It manages intra-state deliveries through an in-house logistics team and handles inter-state deliveries via trusted third-party partners. Both retail and bulk buyers collect products directly from the company's premises
Geographic concentration risk
The company’s operations are primarily based in Gujarat, making it highly dependent on regional stability. Any adverse developments—such as economic downturns, changes in demographics, natural disasters, political unrest, or policy shifts in the region—could significantly disrupt operations, affect supply chains, and impact profitability
Inventory management risk
High inventory levels may affect the company’s business and financial health. Unsold stock due to changes in trends or customer preferences can result in inventory build-up, tying up capital and increasing financing costs. Overstocking raises working capital needs, while understocking can lead to missed sales and poor customer satisfaction, impacting overall performance
Price fluctuations
Dependence on timely and affordable gold bullion procurement affects business performance. Price volatility or limited availability of gold can impact sales volumes and margins. Although rising costs are usually passed to customers, sustained high prices or supply disruptions may reduce demand and affect financial results
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Kenrik Industries Limited
- PromoterNitinkumar Dalpatbhai Shah
- PromoterNihar Nitinbhai Shah
- PromoterManisha Nitinkumar Shah