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| PRODUCT NOTE |
| Shree Ganesh Jewellery House Ltd. |
| OPENS ON : 15/03/2010 |
CLOSES ON : 23/03/2010 |
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| Company Details: |
- Incorporated in 2002, Shree Ganesh Jewellery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India.
- Company's products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.
- Company's portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles and medallions.
- Ganesh Jewellery House exported to countries such as the U.A.E, Singapore and Hong Kong.
They have three manufacturing units, located in Manikanchan SEZ at West Bengal, which is presently the only jewellery SEZ in West Bengal, spread across an area of 10,500 sq. ft.
- Shree Ganesh Jewellery House also plan to expand their portfolio by commissioning a new vertical in machine made Italian and light weight jewellery at Mondalpara and at Domjur, West Bengal. Company has ten retail outlets and intend to open forty nine retail outlets across India including outlets under the shop-in-shop and franchisee models.
- Companies total Income & Profit after Tax (PAT) as on 31st March 2009 is 221,819.95 lakhs &
13,245.07 lakhs.
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| IPO GRADING |
| This Issue has been graded by CARE as 3/5 and indicating average fundamentals. |
| Issue Details: |
| Issue Size |
: |
371 - 385 Crores. |
| Face value |
: |
Rs 10/- per equity share |
| Price band |
: |
Rs 260 - Rs 270 |
| Lot Size |
: |
25 Equity shares |
| Exchanges |
: |
NSE & BSE |
| Issue Type |
: |
100% Book Built issue IPO |
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| Book Running Lead Manager : |
- Axis Bank Ltd.
- ICICI Securities Ltd.
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| Registrar of the issue- |
- Link In time India Pvt. Ltd.
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| ISSUE STRUCTURE |
| S. No. |
Main Category |
No of equity shares reserved for the main category |
| 1. |
QIB |
85,62,000 Equity Shares(60 % of issue) |
| 2. |
Non Institutional |
14,27,000 Equity Shares(10 % of issue) |
| 3. |
Retail |
42,27,000 Equity Shares(30 % of issue) |
| Total Issue Size |
1+2+3 |
1,42,70,000 Equity shares |
| Objects of the Issue |
| The objects of the issue are toSetting up a manufacturing unit at Mondalpara, West Bengal for the manufacture of plain and studded gold jewellery with an annual installed capacity of 450 kgs of gold;
Setting up a new manufacturing unit at Domjur, West Bengal with an annual installed capacity
Of 2,000 kgs of diamond studded jewellery;
Expansion of manufacturing facility at Manikanchan SEZ by setting up of a facility for the manufacture of diamond studded jewellery with an annual installed capacity of 1,000 kgs of gold and 75,000 carats of diamond;Setting up retail outlets for sale of jewellery manufactured by our Company and meeting marketing costs; |
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SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650
IRDA Registration Number : CB-066/03
AMFI Registration No : ARN -0032 |
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