Submit
Issue Open May 25, 2018
Issue Close Jun 01, 2018
Price Band ₹ 30
Face Value Rs 10 Per Equity Share
Issue Size ₹ 8.90 Cr
Listing Exchange BSE SME
Issue Type Fixed Price Issue IPO
Cut off time for UPI Mandate Confirmation -
Allotment Details -
Refunds -
Credit of Shares to Demat -
Listing On Jun 12, 2018
About the company:

Palm jewels limited is a Gujarat based company involved in the wholesaling of gold jewelry.  It outsources the manufacturing of the jewelry through job workers based in Ahmedabad and Mumbai Palm jewels has around 11 employees on its payroll to serve its clients.

Date of Incorporation : The company was incorporated in 2005 in Gujarat

Promoters of Palm Jewels Limited:  Mr. Rohit D. Shah and Mr. Chetna R. Shah are the promoters of the company

Products and services: Company basically sells gold and silver based jewellery items like chains, bracelets, and necklaces.

 

Customer segments: The company directly approaches to other jewelry stores to sell its products with the help of marketing and sales team. The company covers the Gujarat territory through  B2B marketing approach.

Objective of the Issue: The Objects of the Issue are-
- To meet the working capital requirement; and
- To meet the expenses of the Issue

 

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

163.08

36.62

35.93

34.87

33.54

 

Total Revenue

552.38

157.48

97.91

41.63

118.89

 

Profit After Tax

1.54

0.53

(0.35)

0.19

0.14

 

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?

Open Free Account Now

Open Free Trading & Demat Account

+91