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Navkkar Gold & Diamond IPO IPO

SME[.][.]
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Allotment
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Listing
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Issue Size
19,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Oct 202531 Mar 202531 Mar 202431 Mar 2023
Assets59.6939.9335.4931.28
Total Income89.8481.6670.8065.60
Profit After Tax6.103.702.221.89
EBITDA9.997.375.685.42
NET Worth22.465.411.7213.62
Reserves and Surplus18.265.311.62
Total Borrowing23.0425.6125.859.86
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
SMR Jewels Ltd.SME₹63.74 Cr₹12818.01₹103.05-19.49%₹89.00 (+2.30%)
Yaashvi Jewellers Ltd.SME₹43.88 Cr₹835.6₹87.05+4.88%₹72.00 (+2.35%)
Grover Jewells Ltd.SME₹33.83 Cr₹8812.31₹100.80+14.55%₹160.00 (+4.58%)
Luxury Time Ltd.SME₹18.74 Cr₹8212.57₹163.59+99.50%₹72.98 (-0.69%)
Advit Jewels Ltd.Mainboard₹165.16 Cr₹13818.41₹179.46+30.04%₹194.07 (-4.43%)
PNGS Reva Diamond Jewellery Ltd.Mainboard₹379.52 Cr₹38610.96₹411.70+6.66%₹405.95 (-1.34%)
Shringar House of Mangalsutra Ltd.Mainboard₹400.92 Cr₹16519.47₹184.88+12.05%₹219.66 (-0.43%)
BlueStone Jewellery & Lifestyle Ltd.Mainboard₹1,540.65 Cr₹517null₹546.00+5.61%₹772.40 (+3.11%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions;15.00
2Funding the working capital requirements of our Company11.00
3General Corporate Purpose
Total26.00

About Navkkar Gold & Diamond IPO

Navkkar Gold & Diamond Ltd. is engaged in the manufacturing and retail of gold, diamond, and silver jewellery, as well as gold and silver coins, utensils, and other artefacts. Over the years, the company has expanded its operations with a strong focus on understanding customer preferences and offering jewellery designs that align with evolving market trends. It markets its jewellery products under the brands “Navkkar Jewellers” and “Blencci.” Its product portfolio includes a wide variety of jewellery such as rings, earrings, pendants, bracelets, chains, necklaces, bangles, mangalsutras, tikkas, naths, anklets, and other ornaments. The company also offers traditional and specialised jewellery, including kundan, jadau, Italian, and pokli styles, catering to bridal, traditional, and contemporary customer segments. Additionally, the company also provides customization services that allow customers to personalise jewellery designs according to their preferences. As of the date of this Draft Prospectus, its Company operates four retail showrooms: “Navkkar Jewellers,” “Navkkar Jewellers – The Silver Stores,” “Navkkar Bridal,” and “Blencci – A Navkkar Product (Diamond).” All the products a

Contact Details

Navkkar Gold & Diamond Ltd. AddressSCO 19, Sector 34C,Sector 34 (Chandigarh)Chandigarh, Chandigarh, 160022+91 01722623796info@navkkarjewellers.comVisit Website