Incorporated in 2013, Bhavnagar, Gujarat based Shubhlaxmi Jewel Art Limited is a company engaged in the business of jewellery and ornaments. The company is engaged in both the retail and wholesale business.
The product portfolio of the company includes a wide range of jewellery made of gold, silver, diamond and platinum studded with precious and semi-precious stones.
Shubhlaxmi Jewel Art has its own showroom located at Bhavnagar. The company is also setting up a manufacturing facility in the city to cater to the demands of the local customers.
The company's total revenue was Rs 4684.92 lakhs, Rs 4343.54 lakhs and Rs 4743.39 lakhs for 2017-18, 2016-17 and 2015-16 respectively.
The EBITDA was Rs 264.65 lakhs, Rs 262.28 lakhs and Rs 244.39 lakhs for 2017-18, 2016-17 and 2015-16 respectively.
The PAT was Rs 82.43 lakhs, Rs 64.80 lakhs and Rs 36.78 lakhs for 2017-18, 2016-17 and 2015-16 respectively.
The Promoters of the company are Narendrasinh Chauhan and Jitendrakumar Chauhan. They together hold, in aggregate 41,56,280 Equity Shares representing 71.66% of the pre-issue paid-up capital of the Company.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||3.70||11.63||82.43||64.80||36.78||129.22||3.35|
The Objects of the Issue are-
1. Funding the working capital requirements
2. General corporate purposes
|Issue Open||Nov 22, 2018 - Nov 27, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||2,504,000 Eq Shares of Rs 10 |
(aggregating up to Rs 6.51 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 26 Per Equity Share|
|Market Lot||4000 Shares|
|Min Order Quantity||4000 Shares|
|Listing At||NSE SME|
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