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Open
22 Nov 2018
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Close
27 Nov 2018
3
Allotment
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Listing
Tue, Dec 4, 2018
Price Band
₹26 per share
Issue Size
25,04,000 shares (agg. up to ₹7 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Dec 4, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.94x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 17.73 | 17.82 | 14.80 | 15.43 |
| Total Income | 2.04 | 46.85 | 43.44 | 47.43 |
| Profit After Tax | 0.04 | 0.82 | 0.65 | 0.37 |
| EBITDA | 0.39 | 2.64 | 2.62 | 2.44 |
| NET Worth | 5.84 | 5.55 | 4.01 | 3.26 |
| Reserves and Surplus | 0.04 | |||
| Total Borrowing | 8.18 | 8.69 | 8.32 | 8.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| S.M.Gold Ltd. | SME | ₹7.50 Cr | ₹30 | null | ₹28.60 | -4.67% | ₹12.07 (+0.92%) |
| Silgo Retail Ltd. | SME | ₹4.88 Cr | ₹36 | null | ₹36.10 | +0.28% | ₹75.17 (+0.99%) |
| Sky Gold Ltd. | SME | ₹25.56 Cr | ₹180 | null | ₹180.45 | +0.25% | ₹621.30 (-0.11%) |
| U.H.Zaveri Ltd. | SME | ₹7.99 Cr | ₹36 | null | ₹25.65 | -28.75% | ₹10.51 (-4.89%) |
| Kenvi Jewels Ltd. | SME | ₹6.70 Cr | ₹36 | null | ₹39.10 | +8.61% | ₹2.07 (-3.27%) |
| Gautam Gems Ltd. | SME | ₹7.56 Cr | ₹36 | null | ₹34.60 | -3.89% | ₹3.16 (-0.32%) |
| Moksh Ornaments Ltd. | SME | ₹11.03 Cr | ₹37 | null | ₹44.40 | +20.00% | ₹11.40 (+0.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 5.20 |
| 2 | General Corporate Purpose | 0.81 |
About Shubhlaxmi Jewel Art IPO
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.+ Read More
Contact Details
Shubhlaxmi Jewel Art Ltd. AddressShop No.1, Ground FloorBhavnagarBhavnagar, Gujarat, 364002+91 278 2562600cs@shubhlaxmiltd.inVisit Website