IPO Issue Details
Issue Price / Price Band₹36 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size21,00,000 shares (aggregating up to ₹7.56 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 24 Jan 2018
Subscription CloseTue, 30 Jan 2018
Anchor AllotmentTue, 23 Jan 2018
Basis of AllotmentMon, 05 Feb 2018
Initiation of RefundsTue, 06 Feb 2018
Credit of Shares to DematTue, 06 Feb 2018
Listing DateWed, 07 Feb 2018
UPI Mandate Deadline2018-01-30
Application & Investment Details
Retail — Min (1 Lots)₹1,08,000 — 3,000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 6,000 shares
Net Offer to Public19,95,000 shares (aggregating up to ₹7.18 Cr)
Reserved for Market Maker1,05,000 shares (aggregating up to ₹0.3780 Cr)
Pre-IPO Promoter Holding33,91,108 shares
Post-IPO Promoter Holding54,91,108 shares
About Gautam Gems Ltd.
Incorporated in 2014, Gautam Gems Ltd is Surat, Gujarat based company engaged in manufacturing and trading of diamonds of rough and polished diamonds.Company purchase the rough diamonds and polish them in-house at its Surat office. The polished diamonds are sold to jewellery manufacturers, jewellery wholesalers, jewellery retailers, jewellery traders, diamond wholesalers, diamond retailers.Company also sells rough diamonds to rough diamond traders and diamond manufacturers in domestic markets. Company has its independent sales and distribution network for its products within the domestic markets.
Objects of the Issue
Gautam Gems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
Shareholding & Lock-in
Pre-IPO Promoter Holding
33,91,108 shares
Post-IPO Promoter Holding
54,91,108 shares