Pure Giftcarat Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,720,000 (47%) | — | ₹354 Cr |
| Retail | — | 2,720,000 (47%) | — | ₹354 Cr |
| Market Maker | — | 290,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 5,730,000 (100%) | — | ₹7,449 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹130,000 |
| Retail (Max) | 13 | 130,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,710,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirement – 5.35
- Public Issue Expenses – 0.24
- General Corporate Purpose – 1.86
Company Overview
Incorporated in 2011, Pure Giftcarat Limited engaged in the trading and retailing of diamonds and jewelry in Surat, India. They sells diamonds to various jewelry manufacturers, large department store chains, retail stores, and wholesalers. The company was formerly known as L’avance Dirays Limited and changed its name to Pure Giftcarat Limited in September 2015.
Pure Giftcarat are also engaged in the trading of real jewellery and cateing to low budget customer. Company's operations include sourcing of Diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in India.