Shubhlaxmi IPO – Initial Public Offering of Shubhlaxmi Jewel Art Limited

    Shubhlaxmi IPO is being issued during 22-27 Nov 2018.

Shubhlaxmi IPO is set to launch soon. Shubhlaxmi Jewel Art Limited is a company which primary business is related to jewellery and ornaments.

Shubhlaxmi ipo

Source: www.shubhlaxmiltd.in

Company Details

   This company was founded in June 2013 in Bhavnagar, Gujarat. This company is engaged in the retail and wholesale business of various jewelleries and ornaments which are made out of gold, silver, diamonds, and platinum stubbed with precious and semi-precious stones. Their portfolio includes necklace, mangalsutra, patla, chains, mala, kandoro, bangles etc. Apart from their retail operations, they also sell the jewellery on a wholesale basis to other jewellery retailers in Gujarat.

   Showroom of this company is located in Bhavnagar, Gujarat. They are setting up a manufacturing facility in Bhavnagar to cater to the demands of the local customers. As on 31-May-2019, total assets of the company was recorded 1,773.03 Lakhs.

Company Address

 Registered Office: Shop No. 1, Ground Floor, “D & I Excelus”, Waghawadi Road, Bhavnagar – 364002, Gujarat, India.
Telephone: +91 – 2782562600, Email ID: cs@shubhlaxmiltd.in,

Website: www.shubhlaxmiltd.in

Objects of the Shubhlaxmi IPO Issue

   Following are the objectives of Shublaxmi IPO issue:-

  • Funding the working capital requirements of the company, and
  • General Corporate purpose

Shubhlaxmi IPO Issue Details

Issue Type Fixed Price Initial Public Offering (IPO)
Issue Opens 22-Nov-2018
Issue Closes 27-Nov-2018
Face Value Rs 10/- per equity share
Issue Price Rs 26 per equity share
Issue Size 25,04,00 equity shares (6.51 crores)
Minimum Order 4000 Shares
Listing NSE EMERGE

Shubhlaxmi IPO Lead Manager

Pantomath Capital Advisors Private Limited,

Address: 406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra  (East), Mumbai – 400051, Maharashtra, India
Telephone: +91-2261946700
Email ID: ipo@pantomathgroup.com

Shubhlaxmi IPO Registrar

Link Intime India Private Limited
Address: C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400 083, India
Telephone: +91-2249186200, Email ID: shubhlaxmi.ipo@linkintime.co.in

Please go through this prospectus for more detailed information.

(Read: IPO process in India Steps)

Tags: #ipo #investment #Stock Market #shubhlaxmi ipo

Leave a Reply

Your e-mail address will not be published. Required fields are marked *