Sagar Diamonds Limited IPO
Sagar Diamonds Limited IPO
Sagar Diamonds Limited is engaged in the business of manufacturing and exporting of rough and polished diamonds. They are also engaged in the business of jewellery making and marketing. They sell a wide range of jewellery products including cut and polished diamond-studded jewellery to diverse customer segments, from the value market to high-end customized jewellery. Their product range includes rings, chain, mangalsutra, earrings and necklaces, which are carefully handcrafted by skilled artisans.
They have independent sales and distribution networks for their products. Most of their cut and polished diamonds are exported to diamond wholesalers and the jewellery manufacturers in the export markets. They procure diamond from suppliers at domestic and international market depending upon the needs and requirement.
Company’s manufacturing facility at their factory unit located in Sachin (S.E.Z), Gujarat having a total area of approximately 1,000 sq. ft. As on March 31, 2017, this facility had a capacity of Gold and Silver Jewellery of 35,000 gram per month.
Objects of the Sagar Diamonds Limited IPO:
Sagar Diamonds Limited IPO
are: 1. To Meet the working capital requirement 2. To meet the Issue Expenses 3. To meet General corporate purpose.Sagar Diamonds Limited IPO Details:
Open Date: | Sep 14 2017 |
Close Date: | Sep 18 2017 |
Total Shares: | 3,381,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Built Issue IPO |
Issue Size: | 15.21 Cr. |
Lot Size: | 3000 Shares |
Issue Price: | ₹ 40-45 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Sep 26 2017 |
Promoters And Management:
Lead Manager of Sagar Diamonds Limited IPO:
Registrar of Sagar Diamonds Limited IPO:
Company Address:
Discussion on Sagar Diamonds Limited IPO:
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