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Shree Ganesh Jewellery House Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹270
Per Share
GMP
NIL
Grey Market
Est. Listing
₹270
Expected Price
Min. Application
₹13,500
2 lots × 25 shares
IPO Issue Details
Issue Price / Price Band₹270 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size25 Shares per Lot
Total Issue Size1,42,69,831 shares (aggregating up to ₹371.02 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 19 Mar 2010
Subscription CloseTue, 23 Mar 2010
Anchor AllotmentThu, 18 Mar 2010
Basis of AllotmentMon, 29 Mar 2010
Initiation of RefundsTue, 30 Mar 2010
Credit of Shares to DematTue, 30 Mar 2010
Listing DateFri, 09 Apr 2010
UPI Mandate Deadline2010-03-23
Application & Investment Details
Retail — Min (1 Lots)₹6,500 — 25 shares
Retail — Max (13 Lots)₹87,750 (13 Lots)
HNI — Min (154 Lots)₹10,01,000 — 3,850 shares
Pre-IPO Promoter Holding4,85,45,988 shares
Post-IPO Promoter Holding6,06,82,485 shares
Fresh Issue Shares1,21,36,497 shares (aggregating up to ₹315.55 Cr)
Offer for Sale Shares21,33,334 shares of ₹10 (aggregating up to ₹55.47 Cr)
About Shree Ganesh Jewellery House Ltd.

Incorporated in 2002, Shree Ganesh Jewellery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Company's products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc. Company's portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles and medallions.Shree Ganesh Jewellery House exported to countries such as the U.A.E, Singapore and Hong Kong. They have three manufacturing units, located in Manikanchan SEZ at West Bengal, which is presently the only jewellery SEZ in West Bengal, spread across an area of 10,500 sq. ft. During FY 2009, Company have achieved a production of 12,843.63 kgs of gold jewellery. They have intend to set up an additional jewellery manufacturing unit at Manikanchan SEZ to supplement the existing facilities. Shree Ganesh Jewellery House also plan to expand their portfolio by commissioning a new vertical in machine made Italian and light weight jewellery at Mondalpara and at Domjur, West Bengal. Company has ten retail outlets and intend to open forty nine retail outlets across India including outlets under the shop-in-shop and franchisee models.

Objects of the Issue

Shree Ganesh Jewellery House Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Setting up a manufacturing unit at Mondalpara, West Bengal for the manufacture of plain and studded gold jewellery with an annual installed capacity of 450 kgs of gold, two units for the manufacture of machine made Italian jewellery with an annual installed capacity of 1,500 kgs of gold and a facility for the manufacture of bangles with an annual installed capacity of 600 kgs of gold (“Mondalpara Project”).
13.70
2
2 Setting up a new manufacturing unit at Domjur, West Bengal with an annual installed capacity of 2,000 kgs of diamond studded jewellery alongwith an electroforming plant with an annual installed capacity of 2,250 kgs of gold and a gold refinery plant with an annual installed capacity of 1,000 kgs of gold (“Domjur Project”).
74.93
3
3 Expansion of manufacturing facility at Manikanchan SEZ
55.86
4
4 Setting up of retail outlets and marketing cost
68.04
5
5 To meet the working capital requirement
69.10
6
6 General Corporate Purposes
9.55
7
7 To meet the issue expenses
25.42
Shareholding & Lock-in
Pre-IPO Promoter Holding 4,85,45,988 shares
Post-IPO Promoter Holding 6,06,82,485 shares
Check AllotmentCheck Status →
Shree Ganesh Jewellery House Ltd. — Live Price LIVE
₹270.00
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Issue ₹270.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹270
GMPNIL
Est. Listing₹270
Lot Size25 shares
Min Amount₹13,500
Listing Date09 Apr 2010
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹270
Listing Date09 Apr 2010
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 14,269,831 100.00% ₹385.29 Cr
* Based on ₹270.00 (upper price band)
Lot Size & Investment Details
Lot Size
25
Shares
Issue Price
₹270.00
Per Share
Min Investment
₹6,750
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 25 ₹6,750
Retail (Max) 2 50 ₹13,500
sNII (Min) 30 750 ₹202,500
bNII (Min) 149 3,725 ₹1,005,750
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Mar-0931-Mar-0831-Mar-07
Revenue from Operations 221819.95 128302.64 82724.81
EBITDA N/A N/A N/A
Profit After Tax (PAT) 13245.07 8717.69 5084.05
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹270
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 33.31%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Shree Ganesh Jewellery House Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Shree Ganesh Jewellery House Ltd 413, Vardaan Market, Camac Street, Kolkata, West Bengal, 700016
Book Running Lead Managers
Axis Bank Ltd.
Book Running Lead Manager (BRLM)
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)