Veeram Ornaments Ltd IPO
Veeram Ornaments Limited is engaged in the design, manufacture, and wholesaler of jewellery and ornaments. It provides gold and silver jewellery products, including rings, bracelets, necklaces, ear chains, earrings, pendants, chains, mangalsutras, zudas, toe rings, anklets, bangles, etc. with or without studded precious and semi-precious stones. The company sells its products to jewellery retailers in Ahmedabad.
They are also in the trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. Gold & silver traditional jewellery & ornaments are either made with kundan, gemstones, American diamonds etc or just plain gold or silver. They buy their raw materials from Rajkot & local markets in Ahmedabad. Raw Silver and Raw gold are generally purchased from the bullion market which is then designed and molded into gold and silver traditional & modern jewellery. Other raw materials like kundan, gems stones, American diamonds etc are purchased from their suppliers.
Objects of the Veeram Ornaments Ltd IPO:
Veeram Ornaments Ltd IPO Details:
|Open Date:||Dec 23 2016|
|Close Date:||Dec 28 2016|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||5.12 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 45 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Jan 05 2017|