Bhakti Gems and Jewellery IPO

Bhakti Gems and Jewellery IPO

Bhakti Gems & Jewellery IPO

Bhakti Gems Jewellery IPO

Bhakti Gems and Jewellery is a wholesaler and supplier of gold jewellery and is headquartered at Ahmedabad, Gujarat. The company is mainly focused on traditional Indian jewellery. Its products include handmade gold jewellery studded with precious and semi precious stones such as diamond, ruby, cubic zirconia (cz) etc. The jewelleries are made as per the specific requirements by the customer and the same are manufactured on job work basis at Ahmedabad, Rajkot and Mumbai. Some of its major customers includes Kalyan Jewellers India Ltd, Soni Dwarksdas Virchand, Ghanshyam Jewellers etc.

Promoters of Bhakti Gems and Jewellery – Akshay S. Mehta and Varshaben A. Mehta

Bhakti Gems and Jewellery IPO details

Subscription Dates17 - 22 May 2017
IPO Price bandINR20 per share
Fresh issue 1,962,000 shares (INR3.92 crore)
Offer for sale Nil
Total IPO size1,962,000 shares (INR3.92 crore)
Minimum bid (lot size)6,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform

 

Bhakti Gems and Jewellery's financial performance (in INR lakh)

 FY2012FY2013FY2014FY2015FY201611M FY2017
Total revenue660.7912.01,121.91,840.61,929.62,062.9
Total expenses660.3911.61,121.41,838.21,927.31,991.1
Profit after tax0.30.30.11.51.149.0

Bhakti Gems and Jewellery IPO Subscription Details

Day

Subscription (no. of times)

Day 10.84
Day 21.32
Day 3 1.56
Day 42.67

Bhakti Gems and Jewellery Contact Details

Yug Decor Limited
209, Shree Balaji Paragon, B/S Rock Regency Hotel
CG Road, Ahmedabad –380009

Phone: +91 79 2642 1701
Email: compliancebhakti@gmail.com
Website: www.bhaktijewellery.com

Bhakti Gems and Jewellery Valuation (latest FY)

Earnings Per Share (EPS): INR0.19

Price/Earnings (P/E) ratio: 105.26

Return on Net Worth (RONW): 0.39%

Net Asset Value (NAV): INR50.09 per share

Registrar of Bhakti Gems and Jewellery IPO

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email: grievances@skylinerta.com
Website: www.skylinerta.com

Bhakti Gems and Jewellery IPO Allotment Status

Bhakti Gems and Jewellery IPO allotment status will be available on Skyline Financial Services' website. Click on this link to get allotment status.

LISTING PERFORMANCE OF Bhakti Gems and Jewellery IPO

IPO Opening Date: 17 May 2017

IPO Closing Date: 22 May 2017

Listing Date: To be updated

Listing Price on BSE SME:  To be updated

Closing Price on BSE SME:  To be updated

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