Shubhlaxmi Jewel Art Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,188,000 (47%) | — | ₹309 Cr |
| Retail | — | 1,188,000 (47%) | — | ₹309 Cr |
| Market Maker | — | 128,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 2,504,000 (100%) | — | ₹6,510 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 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,968,000 |
Financial Statements Amount in Lakhs
| Metric | 31-May-18 | 01-May-18 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 204 | 409 | 4,685 |
| Profit After Tax | 4 | 12 | 82 |
| Total Assets | 1,773 | 1,790 | 1,782 |
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 Funding working capital requirements of the Company – 5.20
- 2 General Corporate Purpose – 0.81
Company Overview
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.