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Open
3 Oct 2018
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Close
10 Oct 2018
3
Allotment
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Listing
Fri, Oct 19, 2018
Price Band
₹30 per share
Issue Size
25,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Oct 19, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 33.04 | 28.15 | 26.09 | 24.13 |
| Total Income | 17.17 | 36.13 | 29.82 | 29.39 |
| Profit After Tax | 0.60 | 1.19 | 0.06 | 0.07 |
| NET Worth | 7.81 | 7.20 | 6.01 | 5.94 |
| Reserves and Surplus | 4.48 | 5.87 | 4.68 | 4.61 |
| Total Borrowing | 13.97 | 15.31 | 16.13 | 14.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Silgo Retail Ltd. | SME | ₹4.88 Cr | ₹36 | null | ₹36.10 | +0.28% | ₹74.43 (-0.88%) |
| Sky Gold Ltd. | SME | ₹25.56 Cr | ₹180 | null | ₹180.45 | +0.25% | ₹622.45 (-1.23%) |
| U.H.Zaveri Ltd. | SME | ₹7.99 Cr | ₹36 | null | ₹25.65 | -28.75% | ₹11.05 (+1.47%) |
| Kenvi Jewels Ltd. | SME | ₹6.70 Cr | ₹36 | null | ₹39.10 | +8.61% | ₹2.14 (+4.39%) |
| Gautam Gems Ltd. | SME | ₹7.56 Cr | ₹36 | null | ₹34.60 | -3.89% | ₹3.17 (+1.60%) |
| Moksh Ornaments Ltd. | SME | ₹11.03 Cr | ₹37 | null | ₹44.40 | +20.00% | ₹11.36 (-1.05%) |
| D.P.Abhushan Ltd. | SME | ₹16.61 Cr | ₹28 | null | ₹33.60 | +20.00% | ₹1,328.15 (+1.30%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Business Expansion | 6.51 |
| 2 | Working Capital Loan requirement | 0.96 |
| 3 | General Corporate Purposes | 1.00 |
About S.M.Gold IPO
Incorporated in 2017, Ahmedabad based S. M. Gold Limited is a company engaged in the business of manufacturing and wholesale trading of mangalsutra jewelry. Mangalsutra contributes 90% of the earnings of the company.A minor part of the company's business also includes other jewelry items like Rings, Chain, Nose-rings/Nose Pins, Earrings, Ear Chain, waist belts, Pendant Set/Pendant, Anklet, Zuda, Toe Ring, Bracelet, Bangles, wedding, and festive Jewellery.The company sells jewelry items under the brand name of "S. M. Gold - the House of Mangalsutra".The company's manufacturing unit is located at Ahmedabad.It currently employs 9 employees on its payroll.+ Read More
Contact Details
S.M.Gold Ltd. AddressShop No-1, 916 BuildingOpp.Luhar Ni Pole, M.G Haveli RoadManek ChowkAhmedabad, Gujarat, 380001+91 79 22114411compliancesmgold@gmail.comVisit Website