FREE Account Opening + No Clearing Fees
Loading...

Sagar Diamonds Ltd IPO (Sagar Diamonds IPO) Detail

September 14, 2017 - September 18, 2017

Sagar Diamonds IPO is a book built issue of Rs 15.21 crores.

Sagar Diamonds IPO bidding started from September 14, 2017 and ended on September 18, 2017.

Sagar Diamonds IPO price band is set at ₹40 to ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.

Gretex Corporate Services Limited is the book running lead manager of the Sagar Diamonds IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Sagar Diamonds IPO DRHP for detailed information.

Sagar Diamonds IPO Details

IPO Date September 14, 2017 to September 18, 2017
Listing Date [.]
Face Value ₹10 per share
Price Band ₹40 to ₹45 per share
Lot Size 3000 Shares
Total Issue Size3,381,000 shares
(aggregating up to ₹15.21 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME

Sagar Diamonds IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000
Lot Size Calculator

About Sagar Diamonds Ltd

Incorporated in 2015, Sagar Diamonds Ltd is engaged in business of manufacturing and exporting of rough and polished diamonds. They are also engaged in the business of jewellery making and marketing. They sell a wide range of jewellery products including cut and polished diamond studded jewellery to diverse customer segments, from the value market to high-end customized jewellery. Their product range includes rings, chain, mangalsutra, earrings and necklaces, which are carefully handcrafted by skilled artisans.

They have independent sales and distribution networks for their products. Most of their cut and polished diamonds are exported to diamond wholesalers and the jewellery manufacturers in the export markets. They procure diamond from suppliers at domestic and international market depending upon the needs and requirement.

Company's manufacturing facility at their factory unit located in Sachin (S.E.Z), Gujarat having a total area of approximately 1,000 sq. ft. As on March 31, 2017, this facility had a capacity of Gold and Silver Jewellery of 35,000 gram per month.

Objects of the Issue (Sagar Diamonds IPO Objectives)

The Objects of the Issue are:

1. To Meet working capital requirement;
2. To meet the Issue Expenses; and
3. To meet General corporate purpose.

Sagar Diamonds IPO Review (Avoid)

[Dilip Davda]  Considering aggressive pricing of Sagar Diamonds BSE SME IPO, there is no harm in giving this issue a miss. Read detail review...


Sagar Diamonds IPO Subscription Status (Bidding Detail)

The Sagar Diamonds IPO is subscribed times on September 18, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Sagar Diamonds IPO Prospectus

Sagar Diamonds IPO Rating

142
3.7
Rating:Rated 3.7 stars
Vote Here ...

Sagar Diamonds Ltd Contact Details

Sagar Diamonds Ltd
Unit No 101 Plot No 193,
SEZ Diamond Park Sachin,
Surat - 394230
Phone: + 91-261-2397866
Email: cs@sagardiamonds.com
Website: http://www.sagardiamonds.com

Sagar Diamonds IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Sagar Diamonds IPO - Buy or Not

Sagar Diamonds IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Sagar Diamonds IPO FAQs

Sagar Diamonds IPO is a SME IPO of 3,381,000 equity shares of the face value of ₹10 aggregating up to ₹15.21 Crores. The issue is priced at ₹40 to ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 14, 2017, and closes on September 18, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Sagar Diamonds IPO opens on September 14, 2017 and closes on September 18, 2017.

Sagar Diamonds IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.

You can apply in Sagar Diamonds IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sagar Diamonds IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sagar Diamonds IPO allotment status.

The Sagar Diamonds IPO listing date is not yet announced. The tentative date of Sagar Diamonds IPO listing is [.].
Open an Instant Account with Zerodha

Sagar Diamonds IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

87 Comments

65. IPO LEADER |   Link |  Bookmark |October 24, 2017 10:03:18 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
This will run Slowly as per our news keep watch
64. IPO EMPEROR |   Link |  Bookmark |October 8, 2017 10:19:23 PM
SME ipo no relation between demand pre listing and performance post listing.....SAGAR diamond is one of them.........so fundamental also matter do not apply by just seeing numbers.
63. STOCKT |   Link |  Bookmark |September 22, 2017 9:27:38 PM
Everyone said not to apply as expensive valuation.lets see how this performs
It can go in any direction .
63.4. Jay Mangal |   Link |  Bookmark |September 26, 2017 1:07:35 PM
Sirji innovative mein karna chahiye
63.5. Jay Mangal |   Link |  Bookmark |September 26, 2017 1:07:36 PM
Sirji innovative mein karna chahiye
62. Fernando |   Link |  Bookmark |September 25, 2017 8:03:47 PM
Hello i got 2 lots alloted. Any advise wht to do? 
I have applied in trident and pooja.
Does anyone have anyu news
61. Fernando |   Link |  Bookmark |September 25, 2017 7:59:56 PM
Hello i got 2 lots alloted. Any advise wht to do?
I have applied in texmo and pooja.
Does anyone have any news
60. Rkjain |   Link |  Bookmark |September 25, 2017 4:27:47 PM
Listing on Tuesday
Scrip Code : 540715
INE 146Y01013
M group
Listing time : 9.15 AM


Happy listing.
60.1. Sreevatsa |   Link |  Bookmark |September 25, 2017 6:44:54 PM
What would be the listing rate ???
59. Kbgohil |   Link |  Bookmark |September 25, 2017 12:25:53 PM
Paisa bank me kab rilij hoga?
58. Kbgohil |   Link |  Bookmark |September 25, 2017 12:25:33 PM
Paisa bank me kab rilij hogs?
57. Sreevatsa |   Link |  Bookmark |September 23, 2017 7:50:52 AM
For the first time I have got SME shares alloted Sagar Diamond. How''s the listing ?
56. Umang & his ultrasonic uproar |   Link |  Bookmark |September 22, 2017 11:44:27 PM
ALLOTMENT IS OUT. I HAVE''NT APPLIED IN THIS IPO
55. Rafiq |   Link |  Bookmark |September 21, 2017 10:50:08 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Allotment is not out today for Sagar.

Check below link for allotment status if it releases today.

https://www.bigshareonline.com/IPO/ipo_application_status.aspx
55.1. Rajkot Special |   Link |  Bookmark |September 22, 2017 10:54:18 PM
Any bank release asba block amount?
54. Rajkot Special |   Link |  Bookmark |September 22, 2017 5:34:56 PM
SBI Asba refund block amount yet not removed

Any bank release fund?
53. vikasdds |   Link |  Bookmark |September 22, 2017 7:21:23 AM
listing 25-09-2017 2 upper circet
52. NSE IPO |   Link |  Bookmark |September 22, 2017 12:38:57 AM
SAGAR DIAMOND LISTING KAB HAI? GMP ?
51. Rafiq |   Link |  Bookmark |September 22, 2017 12:18:56 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Yes it is out par yaar nahi mila mujhe.
50. Devendrablt |   Link |  Bookmark |September 21, 2017 9:39:53 PM
Sagar allotment out on bigshare
49. NSE IPO |   Link |  Bookmark |September 19, 2017 3:57:52 PM
SAGAR DIAMOND GMP? allotment date ?
49.1. DownriteVJ |   Link |  Bookmark |September 21, 2017 3:31:19 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Tomorrow
48. Rafiq |   Link |  Bookmark |September 20, 2017 10:53:29 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Finalisation of Basis of Allotment: 21 September 2017
Sagar Diamonds
Initiation of refunds: 21 September 2017

Transfer of shares to demat accounts: 22 September 2017

Listing Date: 26 September 2017
47. IPO EMPEROR |   Link |  Bookmark |September 20, 2017 6:49:27 PM
very tricky ipo......listing gain is definitely waiting but for long term...............still in doubt.
46. Prashant k |   Link |  Bookmark |September 19, 2017 8:26:56 AM
What is the ratio for Retail investor?