Silgo Retail Limited IPO
(i) Silgo Retail Limited is engaged in the business of designing, manufacturing, retailing and Wholesaling of silver jewelry. They deal in silver jewellery and offer a wide variety of designs to suit the preferences of the end customers. With a regional diversity of tastes and preferences, They have diverse portfolio of ornaments and jewellery to suit the taste and preferences of one & all and accordingly They have developed an ability to design our jewellery products as per latest trends, fashion and demographic preference of the end customers.
(ii) Their products include silver jewelry with a varied range of designs. Their product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewelry based on customer demand. They mainly deal in silver jewellery. Their online products are hallmarked jewelry certified by BIS. Every jewelry made at there company is cast in 925 sterling sliver. They offer a wide range of products in silver jewelry for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points.
(iii)They have a dedicated and efficient design team, focused on developing new products and designs that meet customers’ requirements using the latest 3D Computer-Aided Designing (CAD) Software. Their designers focus on developing new products and designs that meet customers’ needs as per their specifications. Their designers are skilled in CAD and are up-to-date with the latest trends and fashion in the market and constantly provide designs for new ornaments regularly.
(iv)The Company revenue from operations for the financial year ending 2017-18 and 2016-17 was A 1,646.51 lakhs and A 497.62 lakhs respectively. Our Net Profit after tax for the above mentioned periods i.e. in the last 2 years was A 94.75 lakhs in F. Y. 2017-18 and A 18.15 lakhs in F. Y. 2016-17.
Objects of the Silgo Retail Limited IPO:
Silgo Retail Limited IPO Details:
|Open Date:||Sep 27 2018|
|Close Date:||Oct 03 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 36 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 10 2018|
Promoters And Management:
Financials of Silgo Retail Limited IPO:
|Particulars||For the year/period ended (in Rs Lacs)|
|Profit After Tax||94.75||18.15||--||--||--|
Recommendation on Silgo Retail Limited IPO:
Lead Manager of Silgo Retail Limited IPO:
Registrar of Silgo Retail Limited IPO:
Bid Details of Silgo Retail Limited IPO as on
03-Oct-2018 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|