IPO GOAT

 Kenrick Industries IPO is a fixed price issue of Rs 8.75 crore which will open for subscription on April 29. The shares of this fresh issue of 34.98 lakh shares will be listed on BSE SME on May 09. The price of Kenrik Industries IPO has been fixed at Rs 25 per share. One lot size is 6000 shares and the minimum investment amount for retail investors is Rs 1 lakh 50 thousand. The Company will use the net proceeds from this issue to meet working capital requirements and for general corporate purposes. Kenrik Industries Limited, established in 2017, is in the business of designing and distribution of Indian traditional jewellery. The company operates on a B2B model through its manufacturing centre located in Ahmedabad (Gujarat) and offers a range of high quality jewellery. Kenrick Industries manufactures traditional handmade gold jewellery studded with precious and semi-precious gemstones such as diamonds, rubies and cubic zirconia. The company's product range includes rings, earring...

Wagons Learning Limited IPO will open for subscription on May 2 and close on May 6 to raise ₹38.38 crore. It is a combination of a fresh issue of 30.80 lakh shares worth ₹25.26 crore and 16 lakh offer for sale shares worth ₹13.12 crore. The company's shares are likely to be listed on BSE SME on May 9. The price band of Wagons Learning IPO has been fixed at ₹78-₹82 per share. The minimum lot size for application is 1600 shares. The minimum investment amount required by retail investors is ₹1,31,200. The minimum lot size investment for HNIs is 2 lots (3,200 shares), which amounts to ₹2,62,400. About 12% of the public offering is reserved for qualified institutional buyers, about 50% for retail investors and about 38% for non-institutional investors. The Company will use the proceeds from this issue to meet the working capital requirements of the Company, repay certain borrowings taken by the Company and for general corporate purposes. Wagons Learning Limited provides corporate train...