Sky Gold Limited IPO

Sky Gold Limited

Issue Open

Sep 18, 2018

Price Band

₹ 180

Issue Size

₹ 25.56 Cr

Credit of Shares to Demat


Issue Close

Sep 21, 2018

Bid Lot

Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Oct 04, 2018



About the company:

Sky Gold Limited is currently active in the designing, manufacturing, and marketing of Gold Jewelleries. The company offers 22 Karat gold designer jewellery that suites according to the taste of the individual customer. It has its manufacturing facility located at Unit No. 1-01, 1-02 and 1-03, Raja Industrial Estate, Raja industrial Premises Co-Operative Society Ltd, P K Road, Mulund (West) were they make casting based jewellery using rubber dye, wax moulds, and machines.

Date of Establishment: The company was incorporated as the private limited corporation on 07th of May 2008 as ‘Sky Gold Private Limited’ in Mumbai. Thereafter it was reformed to public limited company renamed to ‘Sky Gold Limited’ on 26th June 2018.

Promoters of Sky Gold Limited: Mr Mangesh Chauhan, Mr Mahendra Chauhan and Mr Darshan Chauhan are the promoters of Sky Gold Limited.

Products and Services Offering: The company has a wide diversified products offering across the jewellery sector that consists of :

   - Finger Rings

  • - Earrings

  • - Pendants

  • - Fancy Pendant sets

  • - Bracelets

  • - Necklaces

Customer Segments: The company has customer segments that consist of wholesalers, showrooms and retailers that are mainly located across the cities of  Mumbai, Telangana and Kerala and its nearby areas. Besides this, it has also started exporting its products ranges to several Gulf countries including UAE and Oman among others.

The Objects of Sky Gold IPO: The main Objectives of Sky Gold IPO are:

  • - Repayment of Loans.

  • - Financing Working Capital.

  • - General Corporate expenses.

  Company Financials:

Summary of Financial Information (Restated)


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

3 -Mar-18

3 -Mar-17

3 -Mar-16

3 -Mar-15

3 -Mar-14

Total Assets






Total Revenue






Profit After Tax







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