Shree Ganesh Jewellery House Ltd.(SGJHL) was originally incorporated in Kolkata in 2002, which was converted into a public limited company on August 14, 2007. SGJHL is engaged in trading and manufacturing & export of gold & gemstone and diamond studded jewellery for the last 70 years. It is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. SGJHL products are mainly exported to countries such as the U.A.E, Singapore and Hong Kong. The company has four manufacturing units, located in Manikanchan SEZ at West Bengal.
- Setting up a manufacturing unit at Mondalpara, West Bengal for the manufacture of plain and studded gold jewellery
- Setting up a new manufacturing unit at Domjur, West Bengal
- Expansion of manufacturing facility at Manikanchan SEZ by setting up of a facility for the manufacture of diamond studded jewellery
- Setting up retail outlets for sale of jewellery manufactured by the Company and meeting marketing costs
- To meet the working capital requirement, general corporate purposes and the issue expenses
IPO Grading / Rating
Credit Analysis and Research Ltd. (CARE) has assigned an IPO Grade 3 indicating average fundamentals.
Issue Open: Mar 19, 2010 - Mar 23, 2010
Issue Type: 100% Book Built Issue IPO
Issue Size: 14,269,831 Equity Shares of Rs. 10
Issue Size: Rs. 371.02 - 385.29 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 260 - Rs. 270 Per Equity Share
Market Lot: 25 Shares
Minimum Order Quantity: 25 Shares
Listing At: BSE, NSE
For our analysis, visit our IPO Center
0 comments:
Post a Comment