Issue Price
₹26
Per Share
GMP
NIL
Grey Market
Est. Listing
₹26
Expected Price
Min. Application
₹208,000
2 lots × 4000 shares
Incorporated in 2013, Bhavnagar, Gujarat based Shubhlaxmi Jewel Art Limited is a company engaged in the business of jewellery and ornaments. The company is engaged in both the retail and wholesale business.The product portfolio of the company includes a wide range of jewellery made of gold, silver, diamond and platinum studded with precious and semi-precious stones.Shubhlaxmi Jewel Art has its own showroom located at Bhavnagar. The company is also setting up a manufacturing facility in the city to cater to the demands of the local customers.The company's total revenue was Rs 4684.92 lakhs, Rs 4343.54 lakhs and Rs 4743.39 lakhs for 2017-18, 2016-17 and 2015-16 respectively.The EBITDA was Rs 264.65 lakhs, Rs 262.28 lakhs and Rs 244.39 lakhs for 2017-18, 2016-17 and 2015-16 respectively.The PAT was Rs 82.43 lakhs, Rs 64.80 lakhs and Rs 36.78 lakhs for 2017-18, 2016-17 and 2015-16 respectively.
Shubhlaxmi Jewel Art Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 128,000 | — | ₹0.33 Cr | — |
| TOTAL | 2,504,000 | 100.00% | ₹6.51 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| sNII (Min) | 14 | 56,000 | ₹1,456,000 |
| bNII (Min) | 68 | 272,000 | ₹7,072,000 |
| Particulars | 31-May-18 | 01-May-18 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 203.57 | 408.75 | 4684.91 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.70 | 11.63 | 82.43 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1773.03 | 1789.61 | 1781.95 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |