Thangamayil Jewellery Ltd.

Incorporated in 1984, Thangamayil Jewellery Limited (TJL) is one of the leading jewellery retailers in Madurai. The Company trades in Gold Jewellery, Diamond and Platinum jewels. Variety of ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Kasu Malai, Finger Rings, Bracelets and other items fitting to the taste of the customers are being sold by the Company. The ornaments are also made to order as per specific requirements by the customer and the same are manufactured at the company’s unit near Madurai. Further gold Jewels are bought readymade from various dealers in the states of Andhra Pradesh, Gujarat, Kerala and West Bengal, according to the designs, models and current fashions and demand in the market for sale at the counters.Thangamayil introduced the Hallmarking practice for the first time in Madurai and also conducted an awareness campaign introducing this concept to the customers in the market serviced by the Company. The gold jewels are tested for its purity and hallmarked at 916* for a guaranteed quality and purity of its contents by the Company. The Company presently has a customer base of more than 1,00,000 customers. The Company has its showroom at Netaji Road, Madurai. This showroom was set up in the year 2001. The showroom is housed in a three storied set up in total area of 11,416 sq. ft.TJL has a policy of price assurance with respect to returns of the product subject only to changes in underlying metal prices. Again, the Company has very transparent practices when it comes to exchange of jewellery. The Company has acquired sophisticated machinery to measure the quality and carat value of the gold brought in. The measurements are scientific and tamper proof, thereby giving the customer an assurance on the exchange value that they receive in return for their jewellery.

Thangamayil Jewellery Ltd. proposes to utilise the net proceeds from the Issue for the following objects: