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Shubhlaxmi Jewel IPO is a fixed price issue of Rs 6.51 crores.
Shubhlaxmi Jewel IPO bidding started from November 22, 2018 and ended on November 27, 2018. The shares got listed on NSE SME on December 4, 2018.
Shubhlaxmi Jewel IPO price is ₹26 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹104,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Shubhlaxmi Jewel IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Shubhlaxmi Jewel IPO RHP for detailed information.
IPO Date | November 22, 2018 to November 27, 2018 |
Listing Date | December 4, 2018 |
Face Value | ₹10 per share |
Price | ₹26 per share |
Lot Size | 4000 Shares |
Total Issue Size | 2,504,000 shares (aggregating up to ₹6.51 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 5,800,000 |
Share holding post issue | 8,304,000 |
Market Maker portion | 128,000 shares |
Shubhlaxmi Jewel IPO offers 2,504,000 shares. 1,188,000 (47.44%) to NII, 1,188,000 (47.44%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 128,000 (5.11%) |
Other Shares Offered | 1,188,000 (47.44%) |
Retail Shares Offered | 1,188,000 (47.44%) |
Total Shares Offered | 2,504,000 (100%) |
Investors can bid for a minimum of 4000 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 | 4000 | ₹104,000 |
Retail (Max) | 1 | 4000 | ₹104,000 |
Lot Size Calculator |
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.
Particulars | For the year/period ended (in Rs. Lakhs) | ||||||
---|---|---|---|---|---|---|---|
31-May-18 | 01-May-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
Total Assets | 1,773.03 | 1,789.61 | 1,781.95 | 1,480.17 | 1,543.42 | 1,524.08 | 1,188.30 |
Total Revenue | 203.57 | 408.75 | 4,684.91 | 4,343.54 | 4,743.38 | 4,514.00 | 697.57 |
Profit After Tax | 3.70 | 11.63 | 82.43 | 64.80 | 36.78 | 129.22 | 3.35 |
The Objects of the Issue are-
1. Funding the working capital requirements
2. General corporate purposes
[Dilip Davda]
Issue is priced very aggressively. Sector is currently witnessing bad sentiment. Considering these there is no ham in giving this issue a miss.
Read detail review...The Shubhlaxmi Jewel IPO is subscribed 4.22 times on November 27, 2018 6:00:00 PM. The public issue subscribed 5.41 times in the retail category, times in the QIB category, and 3.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 3.03 |
Retail | 5.41 |
Total | 4.22 |
Listing Date | December 4, 2018 |
BSE Script Code | |
NSE Symbol | SHUBHLAXMI |
ISIN | INE01Z401013 |
Final Issue Price | ₹26 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹26.00 |
₹27.10 |
₹27.10 |
₹27.80 |
₹27.20 |
Shubhlaxmi Jewel Art Limited
Shop No. 1, Ground Floor,
Bhavnagar - 364002,
Phone: +91 278 2562600
Email: cs@shubhlaxmiltd.in
Website: http://www.shubhlaxmiltd.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shubhlaxmi.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Shubhlaxmi Jewel IPO is a SME IPO of 2,504,000 equity shares of the face value of ₹10 aggregating up to ₹6.51 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000 Shares.
The IPO opens on November 22, 2018, and closes on November 27, 2018.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Shubhlaxmi Jewel IPO opens on November 22, 2018 and closes on November 27, 2018.
Shubhlaxmi Jewel IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.
You can apply in Shubhlaxmi Jewel 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 Shubhlaxmi Jewel IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shubhlaxmi Jewel IPO allotment status.
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