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Shubhlaxmi Jewel Art Limited IPO (Shubhlaxmi Jewel IPO) Detail

Nov 22, 2018 - Nov 27, 2018

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.

Company Promoters:

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.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-May-18 01-May-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 1,773.03 1,789.61 1,781.95 1,480.17 1,543.42 1,524.08 1,188.30
Total Revenue 203.57 408.75 4,684.91 4,343.54 4,743.38 4,514.00 697.57
Profit After Tax 3.70 11.63 82.43 64.80 36.78 129.22 3.35

Objects of the Issue:

The Objects of the Issue are-

1. Funding the working capital requirements
2. General corporate purposes

Shubhlaxmi Jewel IPO Details

Issue OpenNov 22, 2018 - Nov 27, 2018
Issue TypeFixed Price Issue IPO
Issue Size2,504,000 Eq Shares of Rs 10
(aggregating up to Rs 6.51 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 26 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME

Shubhlaxmi Jewel IPO Subscription Status (Bidding Detail)

Shubhlaxmi Jewel IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Nov 27, 2018 18:00




Shubhlaxmi Jewel IPO Prospectus

Shubhlaxmi Jewel IPO Rating

Rating:Rated 3.3 stars

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Shubhlaxmi Jewel IPO Listing Date

Listing DateTuesday, December 4, 2018
BSE Script Code
Listing In
Issue PriceRs 26 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

Issue Price
Last Trade
Issue Price:Rs 26.00
Open:Rs 27.10
Low:Rs 27.10
High:Rs 27.80
Last Trade:Rs 27.20

Shubhlaxmi Jewel IPO Reviews / Ratings

Company Contact Information

Shubhlaxmi Jewel Art Limited
Shop No. 1, Ground Floor,

Bhavnagar - 364002,

Phone: +91 278 2562600

Shubhlaxmi Jewel IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

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Shubhlaxmi Jewel IPO Review / Comments

7. Small Investor  Dec 27, 2018 16:18 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Boom Boom Boom now @ 36.50
6. kuntal patil  Nov 15, 2018 09:05 I Like It. | Report Abuse
Hi . intraday is allowed in SME stock ?
6.1. VIE  Nov 17, 2018 12:10 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Share in SM catergory on Nse emerge are allow for rolling settlement as mainboard.
More over any new listing in SME platform share was kept under ST category for 10 trading day and then it move to SM category. ST is trade to trade basis settlement.
5. Carn Mohan  Nov 9, 2018 10:54 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Ultra wiring company is ok but technicaly poor , in SME no matter company is good or bad .
4. Carn Mohan  Nov 7, 2018 18:26 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
But don't forget Softtech where Pantomath is LM currently trading at 50% discount. so be careful.
4.1. kuntal patil  Nov 9, 2018 08:33 I Like It. | Report Abuse
Mr Carn Mohan . I am holding Ultra Wiring Connectivity system ltd . Any positive view on this countner ? .
3. BIPUL KUMAR  Nov 8, 2018 10:17 I Like It. | Report Abuse
Last year D P ABHUSAN gave good returns so i hope same things will happen,and L M is also good.
2. Carn Mohan  Nov 7, 2018 18:09 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
LM best listing gain possible.
1. BIPUL KUMAR  Nov 6, 2018 21:33 I Like It. | Report Abuse
I think its a very good sme ipo.
8.1. traderji  Nov 7, 2018 12:09 I Like It. | Report Abuse
Bipul Kumar abhi tak kaha the...............this is your first post....Looks like company marketing agent.............

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