S. M. Gold Limited IPO (S M Gold IPO) Detail

Oct 3, 2018 - Oct 10, 2018

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.

Company Promoters:

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.

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	598.99	598.33	655.84	499.40	481.32
Total Revenue	489.57	1,354.08	2,278.89	2,382.44	1,954.89
Profit After Tax	21.55	17.96	17.92	17.00	20.71

Objects of the Issue:

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

S M Gold IPO Details

IPO Opening Date	Oct 3, 2018
IPO Closing Date	Oct 10, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹30 per equity share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	BSE SME
Issue Size	2,500,000 Eq Shares of ₹10 (aggregating up to ₹7.50 Cr)

S M Gold IPO Lot Size

The S M Gold IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	4000	₹120,000
Maximum	1	4000	₹120,000

S M Gold IPO Subscription Status (Bidding Detail)

The S M Gold IPO is subscribed 1.10x times on Oct 10, 2018 18:49. The public issue subscribed 0.23x in the retail category, in the QIB category, and 1.97x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	1.97x
RII	0.23x
Total	1.10x

S M Gold IPO Prospectus

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S M Gold IPO Rating

3.1

Rating:

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S M Gold IPO Listing Date

Listing Date	Friday, October 19, 2018
BSE Script Code	542034
NSE Symbol
Listing In
ISIN	INE00Q901014
IPO Price	₹30 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹30.00
₹30.60
₹28.60
₹30.60
₹28.60
8,000

S M Gold IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

S. M. Gold Limited
Shop No-1,916 Building
Opp. Luhar Ni Pole, M.G Haveli Road
Manek Chowk, Ahmedabad - 380001

Phone: +91 79 22114411
Email: compliancesmgold@gmail.com
Website: http://www.smgold.in/

S M Gold IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

S M Gold IPO Lead Manager(s)

First Overseas Capital Limited

Lead Manager Reports

S M Gold IPO FAQs

What is S M Gold IPO?

S M Gold IPO is a SME IPO of 2,500,000 equity shares of the face value of ₹10 aggregating up to ₹7.50 Crores. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.

The IPO opens on Oct 3, 2018, and closes on Oct 10, 2018.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When S M Gold IPO will open?

The S M Gold IPO opens on Oct 3, 2018 and closes on Oct 10, 2018.
What is the lot size of S M Gold IPO?

S M Gold IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
How to apply for S M Gold IPO?

You can apply in S M Gold 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When S M Gold IPO allotment?

The finalization of Basis of Allotment for S M Gold IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the S M Gold IPO allotment status.
When is S M Gold IPO listing date?

The S M Gold IPO listing date is on Friday, October 19, 2018.