1.Company Information

Incorporated in 2017, Kenrik Industries Limited is engaged in the design and distribution of traditional Indian jewellery. The company’s product range features handmade gold jewellery studded with precious and semi-precious stones, including diamonds, rubies, and cubic zirconia. Kenrik Industries Limited offers an extensive portfolio that includes rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items, and wedding jewellery. The products are crafted to meet specific customer requirements and are manufactured on a job-work basis at the company’s facility located in Ahmedabad, Gujarat. Kenrik Industries Limited currently operates under a Business-to-Business (B2B) model, catering to customers across high-end, mid-market, and value market segments. The company places strong emphasis on quality control, inventory management, and business development, ensuring all jewellery is certified by BIS Hallmark. As of July 31, 2024, Kenrik Industries Limited has a total of 9 employees across various departments.

2. Strenghts

Our Business Strategies 
1. Focus on Innovation: Kenrik Industries Limited would prioritize innovation in its product design and manufacturing processes. This could involve investing in research and development, hiring experienced designers, and creating a culture of creativity and experimentation within the organization.  Our strategy involves a multi-faceted approach.
2. Expand Customer Base: The Company will expand its customer base by targeting new markets and demographics. 
3. Build Brand Awareness: Kenrik Industries Limited will invest in marketing and branding initiatives to increase awareness of its products and build a loyal customer base. This could include social media campaigns, influencer marketing, or collaborations with fashion designers or celebrities.
4. Streamline Operations: The Company would focus on streamlining its manufacturing and distribution processes to increase efficiency and reduce costs. Our operational strategy includes: 
5. Offer Superior Customer Service: Kenrik Industries Limited shall differentiate itself from competitors by offering exceptional customer service. Our customer service strategy focuses on: • Personalization: We are training our staff to provide personalized shopping experiences, both online and instore, to make each customer feel valued.
6. Emphasize Sustainability: The Company will prioritize sustainability in its operations by sourcing eco-friendly materials, reducing waste and energy consumption, and adopting ethical labour practices. This could appeal to environmentally conscious customers and position The Company as a responsible corporate citizen. Our sustainability strategy encompasses:. 

3. Objects of the Issue

The Company Kenrik Industries 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. To meet Working Capital Requirements 65.63
2. General corporate purposes 18

4.Kenrik Industries Limited IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email:  ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php