Issue Price
₹37
Per Share
GMP
NIL
Grey Market
Est. Listing
₹37
Expected Price
Min. Application
₹222,000
2 lots × 3000 shares
Incorporated in 2012, Moksh Ornaments is Mumbai based company engaged in the business of manufacture and wholesale of jewellery. Company primarily sells gold jewellery and its product profile includes bangles, chain, and mangalsutra. Company gets its products designed by third party designers.Commpany procure the required gold from various banks and local markets. Customers of the company get the jewellery hallmarked from BIS recognized Assaying and Hallmarking Centre.
Moksh Ornaments Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 156,000 | — | ₹0.58 Cr | — |
| TOTAL | 2,982,000 | 100.00% | ₹11.03 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹111,000 |
| Retail (Max) | 13 | 39,000 | ₹1,443,000 |
| sNII (Min) | 14 | 42,000 | ₹1,554,000 |
| bNII (Min) | 68 | 204,000 | ₹7,548,000 |
| Particulars | 31-oct-2017 | 2017 | 2016 |
|---|---|---|---|
| Revenue from Operations | 16943.23 | 23993.24 | 14301.01 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 188.98 | 287.46 | 15.20 |
| Net Worth | 1274.84 | 1085.85 | 798.39 |
| Total Assets | 6985.07 | 5233.84 | 4400.75 |
| Reserves & Surplus | 499.83 | 569.18 | 281.72 |
| Total Borrowings | 1858.12 | 1963.10 | 1253.93 |