Gautam Gems Limited IPO

Add to Calendar 2018-01-24 12:00 AM 2018-01-30 12:00 AM Asia/Kolkata Gautam Gems Limited IPO Gautam Gems Limited India

Introduction:Gautam Gems Ltd  based out of Surat,Gujarat  is a fast growing company involved in the  manufacturing and trading of diamonds.   Company purchase the rough diamonds and polish them in-house at its Surat office. 

Date of Establishment: Company was established by   Mr. Gautam P. Sheth  along with his wife as "Gautam Gems Private Limited" on 18th Feb, 2014 . Subsequently the company was transformed into a Public Limited Company on 16th Aug, 2017 and was renamed as "Gautam Gems Limited" 

Product & Service Offering: Company’s product basket comprise of diamonds in  multiple category, shape, cut, size and color. The portfolio of products which they trade in purely depends on the demand and supply of diamonds in the domestic markets. Majorly, round brilliant and fancy shape diamonds are in vogue

Customer Segment: Key customers of  Gautam Gems Limited are

     - Jewellery manufacturers
     - Jewellery wholesalers
     - Jewellery retailers
     - Jewellery traders
     - Diamond wholesalers
     - Diamond retailers

Promoters of Gautam Gems Limited:  Company is promoted by Mr. Gautam P Sheth and Mrs. Nidhi G Sheth. Promoters have significant  experience(~10 years)  in diamond business.

Objects of the Issue:  The aim of the issue by the company is to avail cash for running day to day operations of the company and to fund the expenses incurred by releasing the issue.

Issue Detail

  • Issue Open: Jan 24, 2018
  • Issue Close: Jan 30, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 36 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 7.56 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 997,500 997,500 - 105,000 2,100,000
Day 1 - Jan 24, 2018IST 0 105,000 867,000 - - 972,000
Day 2 - Jan 25, 2018IST 0 105,000 1,587,000 - - 1,692,000
Day 3 - Jan 29, 2018IST 0 129,000 3,576,000 - - 3,705,000
Day 4 - Jan 30, 2018IST 0 777,000 9,588,000 - - 10,365,000

Listing Day Trading Information

Issue Price Rs 36.00 -
Open Rs 34.15 -
Low Rs 28.80 -
High Rs 43.00 -
Last Trade Rs 34.60 -
Volume 2,154,000 -

Gautam Gems Limited User Rating


Gautam Gems Limited Life IPO Reviews

Gautam Gems Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker


Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us