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graph-market IPO

Shubhlaxmi Jewel Art Ltd

Registered Office: Shop No 1 Ground Flr D&I Excel,Waghawadi Road, Bhavnagar - 364002, Gujarat, India.
Phone : 91-278-2562600   Fax:
Email :  cs@shubhlaxmiltd.in  
Website :  www.shubhlaxmiltd.in

Initial public offer consisiting fresh issue of 25,04,000 equity shares of face value of Rs. 10/- each fully paid of Shubhlaxmi Jewel Art Limited ("the issuer" or "the company") for cash at a price of Rs. 26 per equity share (including a share premium of Rs. 16 per equity share) (the "issue price") aggregating Rs. 6.51 Crores (the "issue") of which 1,28,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 0.33 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 23,76,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 6.18 Crores is hereinafter refered to as the "net issue" The issue and the net issue will constitute 30.15% and 28.61%, respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 26 is 2.6 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Nov-18 27-Nov-18 26.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 6.51 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.51  
Post Issue Equity Share Capital 8.30  
Issue Price 26.00  

Projects

  • Funding the Working Capital Requirements of the Company
  • General Corporate Purposes

Promoted By

Narendrasinh Chauhan

Jitendrakumar Chauhan

Listing At

NSE - SME

Registrar to the Issue

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