Issue Price
₹230
Per Share
GMP
NIL
Grey Market
Est. Listing
₹230
Expected Price
Min. Application
₹23,000
2 lots × 50 shares
Incorporated in 2001, Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery.Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees. Company produced 4753.25 kgs of jewellery in fiscal year 2011.Company's business is mainly divided into 3 operations; manufacturing, exporting and retailing jewellery. Company's product includes gold, platinum, honeydium, and silver jewellery with or without studded precious and semi-precious stones.
Tara Jewels Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 7,804,347 | 100.00% | ₹179.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹11,500 |
| Retail (Max) | 1 | 50 | ₹11,500 |
| sNII (Min) | 18 | 900 | ₹207,000 |
| bNII (Min) | 87 | 4,350 | ₹1,000,500 |
| Particulars | 31-May-12 | 31-Mar-12 | 31-Mar-11 |
|---|---|---|---|
| Revenue from Operations | 151.66 | 1281.47 | 1094.33 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 5.38 | 52.37 | 39.58 |
| 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 |