S M. Gold Limited is engaged in the production and distribution of mangalsutra jewellery. The company primarily deals in traditional jewellery designs besides this it also has in-house that designs the mangalsutra and other jewellery in several styles including modern and indo-westerm style The Mangalsutra Jewellery contributes around 90% of companies overall earning.
Date of Establishment: The company was initially incorporated as 'S.M. Gold Private Limited' on 26th July 2017 in Gujarat, Dadra and Nagar Haveli. Subsequently, the company was reformed to public limited company renamed to ‘ S.M. Gold Limited’ on 03rd August 2018.
Promoters of S.M. Gold Limited: Mr Priyank S. Shah and Mr PulkitKumar S. Shah are the promoters of S.M. Gold Limited.
Products and Services Offering: The company offers several products constituting of Rings, Chain, Earrings, Ear Chain, Nose-rings, Waist belts and Mangalsutra among other jewellery products.
Customer Segments: The company mainly serves the domestic customers requirement in gems and jewellery section. Besides this, it also takes initiatives of participation in domestic trade fairs and jewellery exhibitions.
Objects of S.M. Gold Limited IPO: The Fresh Issue will consist of 25,00,000 Equity Share issued at Rs 30 Per Share. The core objectives of this IPO are:
- To finance the working capital requirements.
- To meet Issue Expenses.
Company Financials:
Summary of Financial Information (Restated) | |||||
Particulars | For the year/period ended (in Rs. Lakhs) | ||||
30-Jun-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | |
Total Assets | 598.99 | 598.33 | 655.84 | 499.40 | 481.32 |
Total Revenue | 489.57 | 1,354.08 | 2,278.89 | 2,382.44 | 1,954.89 |
Profit After Tax | 21.55 | 17.96 | 17.92 | 17.00 | 20.71 |
| Number of Times Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
| As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
| Shares Offered / Reserved | - | 1,184,000 | 1,184,000 | - | - | 2,368,000 | |
| Shares Offered / Reserved | - | 0.00x | 0.00x | - | - | 0.00x | |
| Day 2 - Oct 04, 2018IST | - | 0.00x | 0.00x | - | - | 0.00x | |
| Day 3 - Oct 05, 2018IST | - | 0.00x | 0.00x | - | - | 0.00x | |
| Day 4 - Oct 08, 2018IST | - | 0.57x | 0.00x | - | - | 0.29x | |
| Day 5 - Oct 09, 2018IST | - | 1.14x | 0.00x | - | - | 0.57x | |
| Day 6 - Oct 10, 2018IST | - | 1.97x | 0.23x | - | - | 1.10x | |
| - | BSE | NSE |
|---|---|---|
| Issue Price | Rs 30.00 | - |
| Open | Rs 30.60 | - |
| Low | Rs 28.60 | - |
| High | Rs 30.60 | - |
| Last Trade | Rs 28.60 | - |
| Volume | 8,000 | - |
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