Incorporated in 2010, Bhakti Gems and Jewellery Ltd (BGJ) is the manufacturer, wholesaler and supplier of gold jewellery and has its headquartered at Ahmedabad, Gujarat. Company mainly focuses on traditional Indian jewellery.
Company's product range includes handmade gold jewellery studded with precious and semi precious stones such as diamond, ruby, cubic zirconia (cz) etc. The jewelleries are designed by it and manufactured on job work basis at Ahmedabad, Rajkot and Mumbai. BGJ is a customer-centric Company; with a prime focus on attain the utmost client satisfaction by offering them quality assured products. Company's major customers includes Kalyan Jewellers India Ltd, Soni Dwarksdas Virchand, Ghanshyam Jewellers etc.
The promoters of the company are:
1. Akshay S. Mehta
2. Varshaben A. Mehta
The object of the issue are to:
1. Funding working capital requirements of the Company;
2. Issue Expenses.
»» Issue Open: May 17, 2017 - May 22, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,962,000 Equity Shares of Rs 10 aggregating up to Rs 3.92 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 20 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: BSE SME
Bhakti Gems and Jewellery IPO Subscription Status tells if Bhakti Gems and Jewellery IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Bhakti Gems and Jewellery IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved|
|Day 1 - May 17, 2017 17:00 IST||1,656,000|
|Day 2 - May 18, 2017 17:00 IST||2,598,000|
|Day 3 - May 19, 2017 17:00 IST||3,072,000|
|Day 4 - May 22, 2017 17:00 IST||5,244,000|
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