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Open
17 May 2017
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Close
22 May 2017
3
Allotment
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Listing
Tue, May 30, 2017
Price Band
₹20 per share
Issue Size
19,62,000 shares (agg. up to ₹4 Cr)
Lot Size
6,000 Shares
Listing Date
Tue, May 30, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.96x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Super Fine Knitters Ltd. | SME | ₹4.08 Cr | ₹12 | null | ₹12.60 | +5.00% | ₹7.54 (+4.87%) |
| Veeram Ornaments Ltd. | SME | ₹5.12 Cr | ₹45 | null | ₹46.00 | +2.22% | ₹10.08 (+1.31%) |
| Bindal Exports Ltd. | SME | ₹2.00 Cr | ₹16 | null | ₹16.20 | +1.25% | ₹27.80 (+4.51%) |
| Radhika Jeweltech Ltd. | SME | ₹49.50 Cr | ₹75 | null | ₹71.00 | -5.33% | ₹66.19 (-0.47%) |
| KKV Agro Powers Ltd. | SME | ₹3.58 Cr | ₹320 | null | ₹342.00 | +6.88% | ₹525.60 (-5.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 3.64 |
| 2 | Issue Expenses | 0.28 |
About Bhakti Gems IPO
Incorporated in 2010, Bhakti Gems and Jewellery Ltd (BGJ) is the manufacturer, wholesaler and supplier of gold jewellery and has its headquartered at Ahmedabad, Gujarat. Company mainly focuses on traditional Indian jewellery.Company's product range includes handmade gold jewellery studded with precious and semi precious stones such as diamond, ruby, cubic zirconia (cz) etc. The jewelleries are designed by it and manufactured on job work basis at Ahmedabad, Rajkot and Mumbai. BGJ is a customer-centric Company; with a prime focus on attain the utmost client satisfaction by offering them quality assured products. Company's major customers includes Kalyan Jewellers India Ltd, Soni Dwarksdas Virchand, Ghanshyam Jewellers etc.+ Read More
Contact Details
Bhakti Gems & Jewellery Ltd. Address209, Shree Balaji ParagonB/S Rock Regency HotelOpp Axis Bank, near Circle-P, C.G RoadAhmedabad, Gujarat, 380009+91 7926421701compliancebhakti@gmail.comVisit Website