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Open
14 Sep 2017
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Close
18 Sep 2017
3
Allotment
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Listing
Tue, Sep 26, 2017
Price Band
₹40 to ₹45
Issue Size
33,81,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Sep 26, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.19x |
Restated Financials (₹ Cr.)
| Period Ended | 20 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 41.46 | 10.19 | 0.01 |
| Total Income | 10.45 | 10.00 | |
| Profit After Tax | 0.30 | 0.35 | -0.00 |
| NET Worth | 21.58 | 0.36 | 0.01 |
| Reserves and Surplus | 12.32 | 0.35 | -0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bhakti Gems & Jewellery Ltd. | SME | ₹3.92 Cr | ₹20 | null | ₹20.05 | +0.25% | ₹30.43 (+4.89%) |
| Super Fine Knitters Ltd. | SME | ₹4.08 Cr | ₹12 | null | ₹12.60 | +5.00% | ₹7.91 (+4.91%) |
| Veeram Ornaments Ltd. | SME | ₹5.12 Cr | ₹45 | null | ₹46.00 | +2.22% | ₹10.08 (+0.00%) |
| 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% | ₹65.88 (-0.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirementTo Meet working capital requirement | 13.21 |
| 2 | Public issue expenses | 0.35 |
| 3 | General corporate purpose | 1.65 |
About Sagar Diamonds IPO
Incorporated in 2015, Sagar Diamonds Ltd is engaged in 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.+ Read More
Contact Details
Sagar Diamonds Ltd. AddressUnit No 101 Plot No 193SEZDiamond Park SachinSurat, Gujarat, 394230+ 91-261-2397866cs@sagardiamonds.comVisit Website