Sagar Diamonds Ltd IPO (Sagar Diamonds IPO) Detail

Sep 14, 2017 - Sep 18, 2017

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

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 Details

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

The promoters of the company are:

1. Mr. Vaibhav Dipak Shah and
2. SG Diamonds LLP ("SG Diamonds" or "SGD")

Sagar Diamonds IPO Lot Size

The Sagar Diamonds IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

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

Sagar Diamonds IPO Review

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 Sep 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

Rating:Rated 3.7 stars
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Company Contact Information

Sagar Diamonds Ltd
Unit No 101 Plot No 193,
SEZ Diamond Park Sachin,
Surat - 394230
Phone: + 91-261-2397866

Sagar Diamonds IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sagar Diamonds IPO Review

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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 Sep 14, 2017, and closes on Sep 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 Sep 14, 2017 and closes on Sep 18, 2017.

Sagar Diamonds IPO lot size is 3000 Shares and the minimum order quantity is .

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, Edelweiss, 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 [.].
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Sagar Diamonds IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



65. IPO LEADER |   Link |Oct 24, 2017 11:03:18 PM
This will run Slowly as per our news keep watch
64. IPO EMPEROR |   Link |Oct 8, 2017 11:19:23 PM
SME ipo no relation between demand pre listing and performance post listing.....SAGAR diamond is one of fundamental also matter do not apply by just seeing numbers.
63. STOCKT |   Link |Sep 22, 2017 10:27:38 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 |Sep 26, 2017 2:07:35 PM
Sirji innovative mein karna chahiye
63.5. Jay Mangal |   Link |Sep 26, 2017 2:07:36 PM
Sirji innovative mein karna chahiye
62. Fernando |   Link |Sep 25, 2017 9:03:47 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 |Sep 25, 2017 8:59:56 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 |Sep 25, 2017 5:27:47 PM
Listing on Tuesday
Scrip Code : 540715
INE 146Y01013
M group
Listing time : 9.15 AM

Happy listing.
60.1. Sreevatsa |   Link |Sep 25, 2017 7:44:54 PM
What would be the listing rate ???
59. Kbgohil |   Link |Sep 25, 2017 1:25:53 PM
Paisa bank me kab rilij hoga?
58. Kbgohil |   Link |Sep 25, 2017 1:25:33 PM
Paisa bank me kab rilij hogs?
57. Sreevatsa |   Link |Sep 23, 2017 8:50:52 AM
For the first time I have got SME shares alloted Sagar Diamond. How''s the listing ?
56. Umang & his ultrasonic uproar |   Link |Sep 23, 2017 12:44:27 AM
55. Rafiq |   Link |Sep 21, 2017 11:50:08 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.
55.1. Rajkot Special |   Link |Sep 22, 2017 11:54:18 PM
Any bank release asba block amount?
54. Rajkot Special |   Link |Sep 22, 2017 6:34:56 PM
SBI Asba refund block amount yet not removed

Any bank release fund?
53. vikasdds |   Link |Sep 22, 2017 8:21:23 AM
listing 25-09-2017 2 upper circet
52. NSE IPO |   Link |Sep 22, 2017 1:38:57 AM
51. Rafiq |   Link |Sep 22, 2017 1:18:56 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Yes it is out par yaar nahi mila mujhe.
50. Devendrablt |   Link |Sep 21, 2017 10:39:53 PM
Sagar allotment out on bigshare
49. NSE IPO |   Link |Sep 19, 2017 4:57:52 PM
SAGAR DIAMOND GMP? allotment date ?
49.1. DownriteVJ |   Link |Sep 21, 2017 4:31:19 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
48. Rafiq |   Link |Sep 20, 2017 11:53:29 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 |Sep 20, 2017 7:49:27 PM
very tricky ipo......listing gain is definitely waiting but for long term...............still in doubt.
46. Prashant k |   Link |Sep 19, 2017 9:26:56 AM
What is the ratio for Retail investor?