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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.
| 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 | |
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 Date | Oct 3, 2018 to Oct 10, 2018 |
| S M Gold IPO Face Value | ₹10 per share |
| S M Gold IPO Price | ₹30 per share |
| S M Gold IPO Lot Size | 4000 Shares |
| Issue Size | 2,500,000 shares of ₹10 (aggregating up to ₹7.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| 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. |
The S M Gold IPO 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 |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
Issue is aggressively priced. Financial track record shows inconsistency. LM has poor track record. There is no harm in giving this issue a miss.
Read detail review...
S M Gold IPO Recommendation by Members S M Gold IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
The S M Gold IPO is subscribed 1.10 times on Oct 10, 2018 6:49:01 PM. The public issue subscribed 0.23 times in the retail category, times in the QIB category, and 1.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.97 |
| Retail | 0.23 |
| Total | 1.10 |
| Listing Date | Friday, October 19, 2018 |
| BSE Script Code | 542034 |
| NSE Symbol | |
| Listing In | |
| ISIN | INE00Q901014 |
| IPO Price | ₹30 per share |
| Face Value | ₹10 per share |
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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/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
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 share. The minimum order quantity is 4000 Shares.
The IPO opens on Oct 3, 2018, and closes on Oct 10, 2018.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The S M Gold IPO opens on Oct 3, 2018 and closes on Oct 10, 2018.
S M Gold IPO lot size is 4000 Shares and the minimum order quantity is .
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.
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.
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