Shubhlaxmi Jewel Art IPO is all about to make its debut on 22 Nov 2018, with an issue size of 6.51CR.
Shubhlaxmi Jewel Art(IPO) Limited, based in Bhavnagar, Gujarat, was founded in 2013. The company specializes in jewelry and ornaments. The company is engaged in both the retail and wholesale sectors.
The product line of the firm offers a wide range of jewelry made of gold, silver, diamond, and platinum studded with precious and semi-precious stones. Shubhlaxmi Jewel has its own showroom located at Bhavnagar. In addition, the company is establishing a manufacturing facility in the city to meet the needs of local customers.
Industry Overview
The Indian jewelry industry is one of the oldest and largest in the world, with a rich history dating back several thousand years. The industry has grown significantly over the years, and India is now one of the top producers and exporters of jewelry in the world.
The Indian jewelry industry is highly fragmented, with a large number of small and medium-sized enterprises operating alongside a few large players. The industry employs a significant number of people, both directly and indirectly, and is a major contributor to the Indian economy.
Shubhlaxmi Jewel IPO Details
| IPO Date | Nov 22, 2018 to Nov 27, 2018 |
| Listing Date | Dec 4, 2018 |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 2,504,000 shares(aggregating up to ₹6.51 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
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 | 3.70 | 11.63 | 82.43 | 64.80 | 36.78 | 129.22 | 3.35 |
Objects of the Issue
The Objects of the Issue are-
1. Funding the working capital requirements
2. General corporate purposes
Shubhlaxmi Jewel IPO Prospectus
Company Contact Information
Shubhlaxmi Jewel Art Limited
Shop No. 1, Ground Floor,
Bhavnagar – 364002,
Phone: +91 278 2562600
Email: cs@shubhlaxmiltd.in
Website: http://www.shubhlaxmiltd.in/
Shubhlaxmi Jewel IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shubhlaxmi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Shubhlaxmi Jewel IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
 offers a wide range of jewelry made of gold, silver, diamond, and platinum studded with precious and semi-precious stones.){kind=link}