S.M.Gold Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,184,000 (47%) | — | ₹355 Cr |
| Retail | — | 1,184,000 (47%) | — | ₹355 Cr |
| Market Maker | — | 132,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 2,500,000 (100%) | — | ₹7,500 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 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Jun-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 490 | 1,354 | 2,279 |
| Profit After Tax | 22 | 18 | 18 |
| Total Assets | 599 | 598 | 656 |
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
- 1 Capital Expenditure for Business Expansion – 6.51
- 2 Working Capital Loan requirement – 0.96
- 3 General Corporate Purposes – 1.00
Company Overview
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.