Incorporated in 2017, Ahmedabad based S. M. Gold Limited is a company engaged in the business of manufacturing and wholesale trading of mangalsutra jewelry. Mangalsutra contributes 90% of the earnings of the company.
A minor part of the company's business also includes other jewelry items like Rings, Chain, Nose-rings/Nose Pins, Earrings, Ear Chain, waist belts, Pendant Set/Pendant, Anklet, Zuda, Toe Ring, Bracelet, Bangles, wedding, and festive Jewellery.
The company sells jewelry items under the brand name of "S. M. Gold - the House of Mangalsutra".
The company's manufacturing unit is located at Ahmedabad.
It currently employs 9 employees on its payroll.
The Promoters of our Company are Mr. Priyank S. Shah and Mr. Pulkitkumar S. Shah. They together hold 41,91,448 Equity Shares representing 99.99% of the pre-issue Paid-up Capital of the Company.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||21.55||17.96||17.92||17.00||20.71|
The objects of the Issue are to raise funds to meet-
1. To meet the working capital requirement
2. To meet the expenses of the Issue
|Issue Open||Oct 3, 2018 - Oct 10, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||2,500,000 Eq Shares of Rs 10 |
(aggregating up to Rs 7.50 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 30 Per Equity Share|
|Market Lot||4000 Shares|
|Min Order Quantity||4000 Shares|
|Listing At||BSE SME|
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