Shubhlaxmi Jewel Art Limited Profile
The group derives from Jewelry retailing and wholesaling and has the expertise of over 40 years within the commerce. Jesingbhai branched out into the sector of jewelry retailing within the year 1971 by opening its first retailer in Bhavnagar named Jesingbhai Jewellers and Shubhlaxmi jewelers (Group of Jesingbhai Jewellers).
The explanation behind the Jesingbhai group’s foray into enterprise itself is sort of distinctive and makes it attention-grabbing to learn. The ancestors of the present administration come from a pious background that comprised of monks, saints and advisor to kings. Hailing from a number of states and cities of India.
The choice to begin enterprise was taken in response to the decision of one of many senior relations of the clan, Shree Jesingbhai, who believed ‘Enterprise and enterprise was essential to create job alternatives and to make India self-dependent’. He additionally believed that ‘enterprise must be truthful with a social goal and never only for self-motives’. The group nonetheless adheres to the founding ideas of its forefathers and this explains the group’s agency grounding in truthful enterprise practices and ethics.
Shubhlaxmi Jewel Art Limited Promoters:
The Promoters of the company are: Narendrasinh Chauhan, Jitendrakumar Chauhan.
Shubhlaxmi Jewel Art Limited IPO details:
Symbol: SHUBHLAXMI
Issue Size: the Public issue of 25,04,000 Equity Shares (including Market Maker reservation portion of 1,28,000 equity shares)
Face Value: Rs 10
Price Range: Rs 26
Issue Type: Fixed Price
Bid Lot: 4000 Equity Shares and in multiples thereof.
Minimum Order Quantity: 4000 Equity Shares
Issue Period: 22-November-2018 to 27- November-2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Name of the Registrar: Link Intime India Private Limited
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Listing at: NSE SME
Shubhlaxmi Jewel Art Limited Financials:
| Shubhlaxmi Jewel Art’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 6.26 | 13.55 | 15.40 | 17.71 | 28.27 | |
| Total expenses | 6.23 | 13.25 | 15.04 | 17.38 | 26.50 | |
| Profit after tax | 0.02 | 0.20 | 0.25 | 0.22 | 1.48 | |
Shubhlaxmi Jewel Art Limited Allotment Status:
Shubhlaxmi Jewel Art Limited IPO Allotment Date: N/A
Shubhlaxmi Jewel Art Limited IPO Listing Date: N/A
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