Joyalukkas India Limited IPO

Joyalukkas India was started in the year 2002 In Kottayam, Kerala, and became one of the largest retail and e-commerce brands. They have a huge product range that includes diamonds, silver and precious stones. As of January 31, 2022, the company has a product portfolio of over 1,00,000 jewellery designs across a huge range of price points. Their major business included both selling and making jewellery.

Though the company believed in large showroom formats, Joyalukkas India went online in 2018 to gain a wider customer base. To have a larger online presence, the company also recently started listing its products on leading e-commerce websites to have a hike in sales. The brand is working on its application development to further increase the engagement of online customers.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

IPO Financials

Key Financial Indicators 2019 2020 2021
Revenue From Operation 80,918.42 80,237.88 80,662.93
EBITDA 5,876.76 6,488.56 9,462.51
EBITDA Margin (%) 7.26 8.09 11.73
Profit After Tax 1,161.38 407.05 4,717.54
EPS -
ROE 7.36 % 3.26 % 27.42 %

How to apply in IPO via UPI on Dynami

A simple and smartest way to apply in IPO online via Religare Dynami Mobile App

Why should you invest in the Joylukkas IPO?

Below are your top 2 reasons:

  • The organised jewellery retail share market is expected to increase from 32% FY2020 to 40% of the total jewellry market in Fiscal 2025
  • The revenue of the brand has been consistently higher in the last three Fiscal years.

Know before investing

Strengths

blankOne of the key strength of the brand is its ability to modify with consumer preferences and market trends



blank The brand has a diverse product range due to localised jewellery manufacturers



blankTheir competitive pricing for the products makes them stand out among their competitors



blankThe brand concentrates on a large format showroom which contributes to massive revenue & EBITDA margins

Risks

blank As the brand invests a lump sum amount of money on showroom buildings, further impacts of the pandemic and “restriction on the freedom to move”, can highly impact the sales revenues



blankDependence on a limited number of customers for a significant portion of revenue.



blankThe firm provides a variety of products and services in a number of jurisdictions outside of India, exposing it to the risks associated with doing business in several nations.



blank As the showrooms are mostly situated in South India, any severe development can affect the financial conditions

How to apply for Joyalukkas India Limited IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Joyalukkas India Limited IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • If you’re a new investor, open an Dynami Demat account for free and begin your investment journey.

How to open a Demat & Trading Account?

Demat & Trading Account
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Frequently asked questions