Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
N R Gold Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on May 23, 2025.
N R Gold Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the BSE SME. Interactive Financial Services Ltd. was the book running lead manager and Skyline Financial Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Sep 27, 2024 |
| Offer document withdrawn | Fri, May 23, 2025 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Incorporated in 2008, N R Gold Limited is engaged in the business of manufacturing and wholesale of gold ornaments.
The company specializes in B2B operations, offering a diverse range of jewelry, including necklaces, mangalsutras, harams, and necklaces, particularly renowned for its South Indian traditional designs.
The company operates a branch in Vijayawada, Andhra Pradesh, and is committed to delivering high-quality, certified jewelry with a focus on purity and customer satisfaction.
Product Portfolio:
As on August 31, 2024, the company has the total strength of 5 permanent employees in various departments.
Competitive Strength:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 108.35 | 78.66 | 15.24 |
| Total Income | 450.64 | 453.78 | 25.79 |
| Profit After Tax | 5.24 | 3.81 | 1.52 |
| NET Worth | 16.87 | 11.68 | 7.92 |
| Reserves and Surplus | 16.78 | 11.59 | 7.83 |
| Total Borrowing | 85.66 | 52.53 | 0.23 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in N R Gold & Jewels LLP | 40.00 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 0.31% |
| ROCE | 0.13% |
| Debt/Equity | 5.08 |
| RoNW | 30.78% |
| PAT Margin | 1.16% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% |
Lead Manager Reports
N R 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 To be declared. The minimum order quantity is .
The N R Gold IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in N R Gold IPO using UPI as a payment gateway. Zerodha customers can apply in N R Gold IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in N R Gold IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The N R Gold IPO dates are not announced. Please check back again after some time.
N R Gold IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in N R 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 N R Gold IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the N R Gold IPO allotment status.
The N R Gold IPO listing date is not yet announced. The tentative date of listing is .
