Ankit Gold Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on May 26, 2025.
Ankit Gold Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the BSE SME. Chartered Finance Management Pvt.Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 27,00,000 shares |
Share Holding Post Issue | 38,57,143 shares |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
NII Shares Offered | 50% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Mar 31, 2025 |
Offer document withdrawn | Mon, May 26, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1991, Ankit Gold Limited is engaged in the manufacturing of diverse range of jewelry, including antique, CZ, plain gold, CNC bangles, and machine-cut bangles.
The company manufactures and retails customized jewelry, primarily for B2B clients. Jewelry shop owners share designs or choose from the company’s extensive design database with assistance from its design team.
The company sources raw materials from the bullion and local markets in Ahmedabad, designs and molds them into gold jewelry, ensures quality, timely delivery, competitive prices, and BIS hallmark certification.
Product Offerings: pendant sets, necklace sets, bangles, rings, earrings, mangalsutras, bracelets, ear chains, malas, diamond jewelry, silver jewelry, and gemstone jewelry.
As of March 31 2025, the company has 18 (eighteen) employees.
Competitive Strengths:
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 18.95 | 14.09 | 12.04 | 7.13 |
Total Income | 31.74 | 47.79 | 24.63 | 27.14 |
Profit After Tax | 0.6 | 1.21 | 1.03 | 0.32 |
Net Worth | 4.9 | 4.3 | 3.09 | 2.06 |
Reserves and Surplus | 2.2 | 1.6 | 2.19 | 1.16 |
Total Borrowing | 11.23 | 8.45 | 7.76 | 4.55 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 32.74% |
ROCE | 37.37% |
Debt/Equity | 2.11 |
RoNW | 28.14% |
PAT Margin | 2.54% |
The Company Ankit Gold IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Working Capital for existing and future requirement | 71.5 |
2 | Capital Expenditure | 8.56 |
3 | General Corporate purposes |
Ankit Gold Ltd.
1997,
G/F Dahi Ni Khadki,
Madan Gopal Ni Haveli Road
Ahmedabad, Gujarat, 380001
Phone: +91 79 22141916
Email: cs@ankitgoldltd.com
Website: https://www.ankitgoldltd.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: ankit.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Ankit Gold IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Ankit Gold IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ankit Gold IPO using UPI as a payment gateway. Zerodha customers can apply in Ankit Gold IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ankit Gold IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ankit Gold IPO dates are not announced. Please check back again after some time.
Ankit Gold IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Ankit Gold IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ankit Gold IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ankit Gold IPO allotment status.
The Ankit Gold IPO listing date is not yet announced. The tentative date of Ankit Gold IPO listing is [.].
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