Tara Jewels Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,863,152 (50%) | — | ₹8,885 Cr |
| NII (HNI) | — | 1,158,945 (15%) | — | ₹2,666 Cr |
| Retail | — | 2,704,207 (35%) | — | ₹6,220 Cr |
| Employee | — | 78,043 (1%) | — | ₹18 Cr |
| Σ Total | — | 7,804,347 (100%) | — | ₹179,500 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 | 50 | ₹11,500 |
| Retail (Max) | 13 | 650 | ₹149,500 |
| S-HNI (Min) | 14 | 700 | ₹161,000 |
| B-HNI (Min) | 67 | 3,350 | ₹770,500 |
Financial Statements Amount In Crore
| Metric | 31-May-12 | 31-Mar-12 | 31-Mar-11 |
|---|---|---|---|
| Revenue | 152 | 1,281 | 1,094 |
| Profit After Tax | 5 | 52 | 40 |
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 Establishment of retail stores – 66.48
- 2 Repayment or pre-payment of loans – 50.00
- 3 General corporate purposes – 21.48
Company Overview
Incorporated in 2001, Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery.
Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees. Company produced 4753.25 kgs of jewellery in fiscal year 2011.
Company's business is mainly divided into 3 operations; manufacturing, exporting and retailing jewellery. Company's product includes gold, platinum, honeydium, and silver jewellery with or without studded precious and semi-precious stones.