Tara Jewels Limited IPO (Tara Jewels IPO) Detail

Nov 21, 2012 - Nov 23, 2012

Incorporated in 2001, Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery.

Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees. Company produced 4753.25 kgs of jewellery in fiscal year 2011.

Company's business is mainly divided into 3 operations; manufacturing, exporting and retailing jewellery. Company's product includes gold, platinum, honeydium, and silver jewellery with or without studded precious and semi-precious stones.

Company Promoters:

Mr. Rajeev Sheth is the promoter of Tara Jewels Limited. He is the chairman and managing Director of the company. Mr. Sheth has approximately 31 years of experience in the jewellery business.

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-May-1231-Mar-1231-Mar-1131-Mar-1031-Mar-09
Total Income1,516.5612,814.7310,943.287,779.677,038.52
Profit After Tax (PAT)53.76523.72395.78245.0569.14

Objects of the Issue:

The objects of the IPO are to

1. Meet the expenses of establishing retail stores; and
2. Repay or pre-pay loans.

Tara Jewels IPO Details

IPO Opening DateNov 21, 2012
IPO Closing DateNov 23, 2012
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹225 to ₹230 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE
Issue Size7,977,778 Eq Shares of ₹10
(aggregating up to ₹183.49 Cr)

Tara Jewels IPO Lot Size

The Tara Jewels IPO market lot size is 50 shares. A retail-individual investor can apply for up to 17 lots (850 shares or ₹195,500).

ApplicationLotsSharesAmount (Cut-off)
Minimum150₹11,500
Maximum17850₹195,500

Tara Jewels Limited IPO Grading

CARE has assigned an IPO Grade 3 to Tara Jewels Ltd IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Tara Jewels IPO Report

Tara Jewels IPO Subscription Status (Bidding Detail)

The Tara Jewels IPO is subscribed 1.98x times on Nov 23, 2012 19:00. The public issue subscribed 2.05x in the retail category, 1.49x in the QIB category, and 3.10x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

1.49x

NII

3.10x

RII

2.05x

Employee

0.14x

Total

1.98x

Tara Jewels IPO Prospectus

Tara Jewels IPO Rating

26
3.5
Rating:Rated 3.5 stars

Vote Here ...

Tara Jewels IPO Listing Date

Listing DateThursday, December 6, 2012
BSE Script Code534756
NSE SymbolTARAJEWELS
Listing InT
ISININE799L01016
IPO Price₹230 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹230.00
₹242.00
₹229.95
₹244.90
₹229.95
462,000
NSE
₹230.00
₹242.00
₹229.90
₹242.00
₹229.90
479,249

Company Contact Information

Tara Jewels Limited
Plot No. 122, 15th Road,
Near IDBI Bank, MIDC,
Andheri (East) Mumbai 400 093, India

Phone: 022 6641 7777
Email: investor.care@tarajewels.co.in
Website: http://www.tarajewels.in

Tara Jewels 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
Email: tjl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Tara Jewels IPO FAQs

  1. What is Tara Jewels IPO?

    Tara Jewels IPO is a main-board IPO of 7,977,778 equity shares of the face value of ₹10 aggregating up to ₹183.49 Crores. The issue is priced at ₹225 to ₹230 per equity share. The minimum order quantity is 50 Shares.

    The IPO opens on Nov 21, 2012, and closes on Nov 23, 2012.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Tara Jewels IPO will open?

    The Tara Jewels IPO opens on Nov 21, 2012 and closes on Nov 23, 2012.

  3. What is the lot size of Tara Jewels IPO?

    Tara Jewels IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.

  4. How to apply for Tara Jewels IPO?

    You can apply in Tara Jewels 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.

  5. When Tara Jewels IPO allotment?

    The finalization of Basis of Allotment for Tara Jewels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tara Jewels IPO allotment status.

  6. When is Tara Jewels IPO listing date?

    The Tara Jewels IPO listing date is on Thursday, December 6, 2012.

Tara Jewels IPO Message Board

Ranked Members  Ranked Members

Loading...
41. gundu anna |Dec 7, 2012 13:04
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Hehehe......!!!
Today also 5% gains! enjoy ur profits...
40. PcJain |Dec 7, 2012 11:01
Tare Zamin par
40.1. AlokVarma |Dec 7, 2012 11:24
Dilip Davda wrote to subscribe Tara Jewels Limited. And we can see the result. he assesment is always wrong.
39. seenuipo |Dec 6, 2012 19:48
Top Contributor Top Contributor (200+ Posts)
Thumb Rule worked for even good star,
That is if S.P.Tulsian say yes than market will say NO.
That is if S.P.Tulsian say NO than market will say Yes.

compare last 100 IPOs (99.99% made debut opposite to Mr.S.P.Tulsian).

So my Dear investors please dont study any RHP or hear to any body,just do opposite to the view of S.P.Tulsian to get windfall profits i.e.in cases of 99.99% accuracy. In the Share market,This much accuracy you will never get at least for the listing day.
38. Riaz Khatri |Dec 6, 2012 18:22
REMEMBER WHAT THE GREY MARKET PREMIUM WAS RS 22/- & RS 23/- ALL EXPERTS WERE TALKING OF LISTING GAINS. WHAT HAPPENED TO TARA?
WENT BELOW ISSUE PRICE.
HAS THE JEWELLER LOOTED RETAIL INVESTERS ?

HOW MANY WANT TO INVEST IN P.C. JEWELLERS?

THE ISSUE OF TARA OF RS 230/- WENT BELOW PAR.
DO YOU THINK CARE ISSUE OF RS 700 IS WORTH (WITHOUR RETAIL DISCOUNT?
WILL YOU APLY IN CARE AT RS 700/- ?

ABOUT BHARTI RS 230/- AND EPS OF RS 3.98 ON EXPANDED CAPITAL IS VERY EXPENSIVE.
THE PARENT COMPANY BHARTI TELECOM EPS IS RS 12 SOMETHING & ITS PRICE IS RS 340/-
TELL ME WILL YOU BUY BHARTI ON LISTING AT RS 230?
THEN WHO DO YOU EXPECT TO BUY BHARTI ON LISTING
REMEMBER ALL WILL SELL BHARTI ON LISTING
IT IS A MEGA ISSUE OF RS 4536 CR (ALL RETAIL WILL GET FULL & FIRM ALLOTMENT)
NEVER APPLY IN THIS ISSUE MY DEAR RETAIL BROTHERS
TAKE CARE OF THE GREEDY PROMOTERS
TAKE CARE!!!!
37. santonu |Dec 6, 2012 13:55
Top Contributor Top Contributor (200+ Posts)
Tara (Star) is not shining
37.1. Sameer Bhatia |Dec 6, 2012 14:59
Hoping it will recover in 2-3 days....
36. gundu anna |Dec 6, 2012 11:10
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
hehehe....listing gain!!!
35. sitik das |Dec 6, 2012 09:53
TJ list at Rs.242. Thanks Guys.
34. hchc |Dec 4, 2012 18:58
Tara jewels will list on 6th dec.
Current GMP in Ahmedabad is 13-15.
Expect a price of 255/- on listing day.
So as I told u all it will give decent returns of around 10-15% on listing day itself.
Enjoy yr gains.

Go for CARE n PC
But be a little cautious on Bharti Infratel - it''s a bit expensive according to me.

CARE will definitely show 920/- on listing day while
PC will definately show 155/- on listing day.
So friends,Enjoy our old IPO days agaIn
34.1. gundu anna |Dec 6, 2012 11:11
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Hehehehe... book your gains....!!!
34.2. carez |Dec 6, 2012 17:03
no gains dude inspite of markets being up. i think it will go down heavily once markets go down.
33. Anand R |Dec 4, 2012 14:07
Any idea about the listing date?
32. alkesh shah |Dec 3, 2012 15:12
latest premium of tara jewels?
31. Ritesh kg |Dec 3, 2012 14:06
Tara Jewels IPO Allotment Status Update :

Category Allotment

50 > 50
100 > 72
150 > 94
200 > 116
250 > 138
300 > 161
350 > 183
400 > 205
450 > 227
500 > 249
550 > 271
600 > 293
650 > 315
700 > 338
750 > 360
800 > 382
850 > 404

All under FIRM Ratio :-)
31.1. satyaaa |Dec 4, 2012 18:25
Dear Ritesh Ji,

Please suggest whether I should go for minimum amount i.e. 15000 in CARE IPO and many applications or Full amount of Rs. 2.00 lacs in retail category. Please tell me where chances of getting allotment is more.
30. RAMESH KUMAR S |Dec 2, 2012 14:47
I had applied for 50 shares and asba debited for full amount. Anybody is having the idea of the listing date.
30.1. santonu |Dec 2, 2012 15:05
Top Contributor Top Contributor (200+ Posts)
may be on Wednesday next week
29. majeedkkp |Dec 1, 2012 14:03
ALLOTMENT DONE. ASBA DEBITED FOR 510 SHARES OUT OF 1600 APPLIED IN HNI CATAGORY
28. santonu |Dec 1, 2012 14:02
Top Contributor Top Contributor (200+ Posts)
Amount debited from Bank of India ASBA Account,price fixed at upper limit i.e 230/
27. Deepak BM |Nov 30, 2012 13:23
When we can get the details on allotment and price fixing
26. RAMESH KUMAR S |Nov 30, 2012 12:36
What is the price fixed by the company? When we can expect the allotment and what will be the listing date ?
25. hchc |Nov 29, 2012 18:27
PC Jewellers IPO on 10th dec
Bharti Infratel IPO on 11th dec
Friends Its confirm now
So 3 good IPO''s (CARE also) but all coming at d same time.
24. Tiger n Tiger |Nov 29, 2012 14:49

Is there any activity in Gray market in Tara Jewels IPO ?

23. alkesh shah |Nov 29, 2012 12:29
latest premium of tara jewels.
22. PREMAL SHAH |Nov 26, 2012 22:30
current gmp in mumbai is 7-8rs...listing time it will surge around 12rs...







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