Sagar Diamonds Limited IPO

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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.

Sagar Diamonds Limited IPO Stock Quote & Charts

9.10

-5.70%

  • Open: 9.10
  • High - Low: 9.10 - 9.10
  • Previous Close: 9.65
  • Total Traded Volume: 21000
  • Updated On: 06-Nov-2018

Objects of the Sagar Diamonds Limited IPO:

Objective of

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:

Promoters of Sagar Diamonds Limited Company are: 1. Mr. Vaibhav Dipak Shah 2. SG Diamonds LLP ("SG Diamonds" or "SGD")

Lead Manager of Sagar Diamonds Limited IPO:

  1. Gretex Corporate Services Private Limited

Registrar of Sagar Diamonds Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Sagar Diamonds Limited Unit No 101 Plot No 193, SEZ Diamond Park Sachin, Surat - 394230 Phone: + 91-261-2397866 Email: cs@sagardiamonds.com Website: www.sagardiamonds.com

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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