FREE Account Opening + No Clearing Fees
Loading...

Tara Jewels Limited IPO (Tara Jewels IPO) Detail

November 21, 2012 - November 23, 2012

Tara Jewels IPO is a book built issue of Rs 183.49 crores.

Tara Jewels IPO bidding started from November 21, 2012 and ended on November 23, 2012. The shares got listed on BSE, NSE on December 6, 2012.

Tara Jewels IPO price band is set at ₹225 to ₹230 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹11,500.

Axis Capital Limited and ICICI Securities Limited are the book running lead managers of the Tara Jewels IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Tara Jewels IPO RHP for detailed information.

Tara Jewels IPO Details

IPO Date November 21, 2012 to November 23, 2012
Listing Date December 6, 2012
Face Value ₹10 per share
Price Band ₹225 to ₹230 per share
Lot Size 50 Shares
Total Issue Size7,977,778 shares
(aggregating up to ₹183.49 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Tara Jewels IPO Reservation

Tara Jewels IPO offers 6,818,832 shares. 2,790,055 (40.92%) to QIB, 1,184,700 (17.37%) to NII, 2,764,300 (40.54%) to RII, 79,777 (1.17%) to employees. 55,286 RIIs will receive minimum 50 shares and (sNII) and (bNII) will receive minimum 900 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered2,790,055 (40.92%)NA
NII (HNI) Shares Offered1,184,700 (17.37%)
Retail Shares Offered2,764,300 (40.54%)55,286
Employee Shares Offered79,777 (1.17%)NA
Total Shares Offered6,818,832 (100%)

Tara Jewels IPO Lot Size

Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 50 ₹11,500
Retail (Max) 17 850 ₹195,500
Lot Size Calculator

About Tara Jewels Limited

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 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 (Tara Jewels IPO Objectives)

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 Review (Apply)

[Dilip Davda]  The pricing looks reasonable and considering the fancy of jewellery stocks modest investment is recommended for listing gains. Read detail review...


Tara Jewels IPO Subscription Status (Bidding Detail)

The Tara Jewels IPO is subscribed 1.98 times on November 23, 2012 7:00:00 PM. The public issue subscribed 2.05 times in the retail category, 1.49 times in the QIB category, and 3.10 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB1.49
NII3.10
Retail2.05
Employee0.14
Total1.98

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 Prospectus

Tara Jewels IPO Rating

26
3.5
Rating:Rated 3.5 stars
Vote Here ...

Tara Jewels IPO Listing Details

Listing Date December 6, 2012
BSE Script Code 534756
NSE Symbol TARAJEWELS
ISIN INE799L01016
Final Issue Price ₹230 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹230.00
₹242.00
₹229.95
₹244.90
₹229.95
NSE
₹230.00
₹242.00
₹229.90
₹242.00
₹229.90

Check IPO Performance…

Tara Jewels Limited Contact Details

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

Phone: +91-22-4918 6270
Email: tjl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Tara Jewels IPO - Buy or Not

Tara Jewels IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Tara Jewels IPO FAQs

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 share. The minimum order quantity is 50 Shares.

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

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

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

Tara Jewels IPO lot size is 50 Shares, and the minimum amount required is ₹11,500.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Tara Jewels IPO listing date is on December 6, 2012.
Open an Instant Account with Zerodha

Tara Jewels IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

50 Comments

41. gundu anna |   Link |  Bookmark |December 7, 2012 12:04:04 PM (500+ Posts, 100+ Likes)
Hehehe......!!!
Today also 5% gains! enjoy ur profits...
40. PcJain |   Link |  Bookmark |December 7, 2012 10:01:06 AM
Tare Zamin par
40.1. AlokVarma |   Link |  Bookmark |December 7, 2012 10:24:48 AM
Dilip Davda wrote to subscribe Tara Jewels Limited. And we can see the result. he assesment is always wrong.
39. seenuipo |   Link |  Bookmark |December 6, 2012 6:48:48 PM (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 |   Link |  Bookmark |December 6, 2012 5:22:25 PM
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 |   Link |  Bookmark |December 6, 2012 12:55:23 PM (200+ Posts)
Tara (Star) is not shining
37.1. Sameer Bhatia |   Link |  Bookmark |December 6, 2012 1:59:24 PM
Hoping it will recover in 2-3 days....
36. gundu anna |   Link |  Bookmark |December 6, 2012 10:10:19 AM (500+ Posts, 100+ Likes)
hehehe....listing gain!!!
35. sitik das |   Link |  Bookmark |December 6, 2012 8:53:53 AM
TJ list at Rs.242. Thanks Guys.
34. hchc |   Link |  Bookmark |December 4, 2012 5:58:16 PM
Top Contributor Top Contributor (400+ Posts, 900+ Likes)
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 |   Link |  Bookmark |December 6, 2012 10:11:06 AM (500+ Posts, 100+ Likes)
Hehehehe... book your gains....!!!
34.2. carez |   Link |  Bookmark |December 6, 2012 4:03:28 PM
no gains dude inspite of markets being up. i think it will go down heavily once markets go down.
33. Anand R |   Link |  Bookmark |December 4, 2012 1:07:36 PM
Any idea about the listing date?
32. alkesh shah |   Link |  Bookmark |December 3, 2012 2:12:54 PM
latest premium of tara jewels?
31. Ritesh kg |   Link |  Bookmark |December 3, 2012 1:06:17 PM
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 |   Link |  Bookmark |December 4, 2012 5:25:23 PM
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 |   Link |  Bookmark |December 2, 2012 1:47:34 PM
I had applied for 50 shares and asba debited for full amount. Anybody is having the idea of the listing date.
30.1. santonu |   Link |  Bookmark |December 2, 2012 2:05:02 PM (200+ Posts)
may be on Wednesday next week
29. majeedkkp |   Link |  Bookmark |December 1, 2012 1:03:21 PM
ALLOTMENT DONE. ASBA DEBITED FOR 510 SHARES OUT OF 1600 APPLIED IN HNI CATAGORY
28. santonu |   Link |  Bookmark |December 1, 2012 1:02:48 PM (200+ Posts)
Amount debited from Bank of India ASBA Account,price fixed at upper limit i.e 230/
27. Deepak BM |   Link |  Bookmark |November 30, 2012 12:23:14 PM
When we can get the details on allotment and price fixing
26. RAMESH KUMAR S |   Link |  Bookmark |November 30, 2012 11:36:31 AM
What is the price fixed by the company? When we can expect the allotment and what will be the listing date ?
25. hchc |   Link |  Bookmark |November 29, 2012 5:27:28 PM
Top Contributor Top Contributor (400+ Posts, 900+ Likes)
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 |   Link |  Bookmark |November 29, 2012 1:49:25 PM

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

23. alkesh shah |   Link |  Bookmark |November 29, 2012 11:29:16 AM
latest premium of tara jewels.
22. PREMAL SHAH |   Link |  Bookmark |November 26, 2012 9:30:13 PM
current gmp in mumbai is 7-8rs...listing time it will surge around 12rs...