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Shubhlaxmi Jewel Art Limited IPO

Add to Calendar 2018-11-22 12:00 AM 2018-11-27 12:00 AM Asia/Kolkata Shubhlaxmi Jewel Art Limited IPO Subhlaxmi Jewel Art Limited India

Subhlaxmi Jewel Art Limited is currently involved in manufacturing and trading of gold, silver, diamonds and platinum ornaments. The products are catered to the customer across high-end, mid-end and value market segments while producing them across distinct price points.

Date of Establishment: The company was incorporated on 10th June 2013 via partnership deed having the name style ‘Shubhlaxmi Jewellers’. Subsequently, it was reformed to public limited company renamed to ‘Shubhlaxmi Jewel Art Limited’ on 02nd May 2018.

Promoters of Subhlaxmi Jewel Art Limited: Mr Narendrasinh Chauhan and Mr Jitendrakumar Chauhan are the promoters of Subhlaxmi Jewel Art Limited.

Products and Services Offerings: It Offers a wide range of Products categories in Traditional, Indo-Western and Modern Style consisting of Necklaces, Mangalsutras, Patla, Chains, Mala, Kandoro, Payal, Poncho and Rings among its wide variety of wedding collections.

Customer Segments: The company sells its jewelry through its registered retail showroom Located in Bhavnagar.

Objects of Subhlaxmi Jewel Art Limited IPO: The core objectives of this company are:

  • - Funding Working Capital requirements.

  • - General Corporate Expenses.

Company Financials:

Particulars

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


31-May-18

01-May-18

31-Mar-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

Total Assets

1,773.03

1,789.61

1,781.95

1,480.17

1,543.42

1,524.08

1,188.30

Total Revenue

203.57

408.75

4,684.91

4,343.54

4,743.38

4,514.00

697.57

Profit After Tax

3.7

11.63

82.43

64.8

36.78

129.22

3.35

Issue Detail

  • Issue Open: Nov 22, 2018
  • Issue Close: Nov 27, 2018
  • Issue Type: Fixed Price Issue
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 26 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 6.51 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 1,188,000 1,188,000 - - 2,376,000
Day 1 - Nov 22, 2018IST - 0.61x 0.15x - - 0.38x
Day 2 - Nov 26, 2018IST - 0.85x 1.14x - - 0.99x
Day 3 - Nov 27, 2018IST - 3.03x 5.24x - - 4.13x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 26.00
Open - Rs 27.10
Low - Rs 27.10
High - Rs 27.80
Last Trade - Rs 27.20
Volume - 868,000

Subhlaxmi Jewel Art Limited Red Herring Prospectus

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