Incorporated in 2011, Pure Giftcarat Limited engaged in the trading and retailing of diamonds and jewelry in Surat, India. They sells diamonds to various jewelry manufacturers, large department store chains, retail stores, and wholesalers. The company was formerly known as Lâ€™avance Dirays Limited and changed its name to Pure Giftcarat Limited in September 2015.
Pure Giftcarat are also engaged in the trading of real jewellery and cateing to low budget customer. Company's operations include sourcing of Diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in India.
The promoters of the company are:
1. Mrs. Varshaben Dhirajbhai Koradiya
The object of the issue are:
1. To Meet Working Capital Requirement;
2. General Corporate Purpose;
3. To meet the Issue Expenses.
»» Issue Open: Apr 26, 2017 - Apr 28, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 5,730,000 Equity Shares of Rs 10 aggregating up to Rs 7.45 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 13 Per Equity Share
»» Market Lot: 10000 Shares
»» Minimum Order Quantity: 10000 Shares
»» Listing At: BSE SME
Pure Giftcarat IPO Subscription Status tells if Pure Giftcarat IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Pure Giftcarat 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 - Apr 26, 2017 17:00 IST||320,000|
|Day 2 - Apr 27, 2017 17:00 IST||3,900,000|
|Day 3 - Apr 28, 2017 17:00 IST||10,690,000|
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